@gordo1955 wrote:
If I only sell items for 'Pickup Only' (either by cash or paypal), does the new policy still apply
In a word, no.
eBay's MBG covers items that are posted by the seller - if the buyer arranges pick-up or freight on their own, the item isn't covered (also must paid for with one of their approved safe methods - PayPal, credit/debit card and Paymate).
