topic Re: Paypal vs Bank in Selling

Paypal vs Bank

linanne1967 — Thu, 20 May 2021 07:11:44 GMT

Hi all

When i first started selling on Ebay about 20 years ago ( under different acc ) there was no Paypal money went straight into bank acc then they changed it that you couldnt deposit to bank acc it had to go to Paypal

I got used to paypal and liked it cause you got money immediately

Now they have changed again back to only bank deposit

It takes longer for it to reach your acc

Can you actually still get payments into paypal

Thx

Re: Paypal vs Bank

imastawka — Thu, 20 May 2021 07:22:04 GMT

On Managed Payments?

Short answer is NO

Re: Paypal vs Bank

k1ooo-slr-sales — Thu, 20 May 2021 08:25:06 GMT

@linanne1967 wrote:
Can you actually still get payments into paypal
Thx

under Managed Payments you can get your funds paid to a nominated bank account or to PayPal. This will get money into your PayPal account, but no quicker than having it paid into a bank account.

It won’t be like getting paid by PayPal pre-MP . . . but the funds paid into PayPal can be used to pay for things just like PayPal balances in days gone by.

Re: Paypal vs Bank

k1ooo-slr-sales — Thu, 20 May 2021 08:35:14 GMT

my previous post might not be correct information.

When I posted I had a clear recollection that you could get your payments from MP to PayPal rather bank account. However, after I posted I went looking for information that would confirm this and have been unable to find any.

So, probably best to ignore my previous post at this stage.

Sorry guys.