OP, are you under the impression that you can be paid directly into your own PayPal account?
You canโt.
Managed Payments changed everything. Itโs been in place on eBay for some years, and it is the only way to be paid now.
eBay has partnered with Adyen to process the payments from buyer to eBay. eBay subtracts all fees and GST (including postage component if you as the seller choose to use eBay labels), and then disburses the remaining sellerโs payment into the sellerโs bank account.
The bank account must be an Australian bank account (transactional, so that eBay can access it in the event of funds or refunds being owed), and it must match the sellerโs name on their eBay account. It must be verified (via either the login credential OR the microdeposit method). The sellerโs ID must also be verified (driver licence or passport).
Sellers who havenโt sold recently or who havenโt been selling regularly and consistently - or whose selling may be assessed by eBay as posing a risk for whatever reason it may be - will have their funds on hold for possibly 30 days. The hold will no longer apply once the seller is no longer considered a new seller.
