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@gutterpunkz05 wrote:

You may have failed the managed payments verification process, or the back grounding  gives ebay sufficient reason to believe you or others you are associated with, relatives etc, pose a relevant security risk to ebay and its members.

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Ebay are still using paypal for new selling accounts and then transferring them to managed payments after some months. ( yes the ghost of paypal still haunts some selling id's on ebay ) My initial thought was similar to yours though in that the OP may not have had a secure payment option ( verified paypal account ). This is the most likely reason for a new account being suspended.