As I understand it eBay and PayPal actually split several years ago - but eBay retained PayPal as their payment processing vendor...
They are now going to be switching to a new payment processing vendor" (they're named Adyen).
And the new guys still accept PayPal, and all of the credit cards that PayPal accepts, as well as a whole bunch of other less well known methods.
They claim that this will "make it easier for customers to purchase and pay for stuff".
So, as far as I can see, this is not likely to make any difference in terms of purchasing things.
The switchover is occurring gradually... and may not be complete before some time in 2022.
I guess it remains to be seen how eBay will be distributing funds to sellers with the new system.
PLEASE NOTE THAT THE FOLLOWING ARE MY PERSONAL OPINIONS...
BASED ON MANY YEARS OF BOTH BUYING AND SELLING GEAR AND OTHER STUFF ON EBAY...
(I see I'm approaching 2000 combined purchases and sales over the years.)
I simply do NOT understand what all the fuss is about.
Always remember that, when you buy or sell something on eBay, eBay is merely a broker...
And, historically, they have ALWAYS favored the BUYER in situations where there is a valid dispute...
(They consider "happy buyers" to be more critical to their bottom line than "happy sellers".)
This can be good if you're buying something... and less good if you're selling something...
(And you can always encounter "a bad vendor" or "a bad customer"...)
Also, as someone who remembers 'the good old days", when eBay encouraged all sorts of payments...
I can say that I MUCH prefer for eBay to manage the payments than to have to worry about things like waiting for personal checks to clear.
It's a HUGE step up to merely receive a message saying "Payment Received".
To anyone who is not a long time eBay user I would offer some advice...
It has gotten more complicated over the years AND YOU DO NEED TO STAY INFORMED.
Especially, if you're selling things, you need to know what all those check boxes mean, and avoid checking the wrong ones.
I would also advise anyone selling on eBay to BE CAREFUL AND PROVIDE CONCISE AND COMPLETE DESCRIPTIONS.
I've found that, if you actually provide concise, complete, and specific details, then you won't receive disputes (and, if you do, you'll win).
(As a buyer) read descriptions carefully - and don't assume anything that isn't specifically stated.
(As a seller) don't leave out details -
Assume that everyone is an idiot, that what is obvious to you may not be obvious to them, and that anything you say (or fail to say) may be questioned.
I have only once ever had a dispute on an item I sold...
I said "it looks perfect to me" and the buyer found a small 1/4" scratch on it... (he accepted a $25 partial refund, on a $300 item, and kept it anyway).
From then on I was careful to say "I don't see any obvious damage... but look carefully at the pictures and decide for yourself".
Here are a few examples:
If it's a known item I tend to start the description with: "Please read the description completely before bidding."
(And, if there's something unusual, like it's a part, or damaged, or not fully working, I put that sentence in ALL CAPS just to make sure.)
If you cannot fully test something then SAY: "It turns on, and the lights light, but I don't have the ability to test it fully, so I am selling it AS IS".
If you're selling something new that you don't need SAY: "This item is new in the box but, since I am not a dealer, I cannot offer you a warranty".
And I often sell equipment on the condition that: "This item seems to work properly. I am not offering a warranty, but I will promise that it will not arrive DOA".
And, if you really have no idea whether it works, or the condition is dubious:
"I have posted plenty of pictures. I MAKE NO OTHER CLAIMS ABOUT THE PRODUCT BEYOND WHAT YOU SEE IN THE PICTURES."
"The item shows normal signs of wear. Look carefully at all the pictures BEFORE bidding."
And I very often say things like:
"It seems to work well but, since it is a vintage item, I am selling it AS IS, and I am NOT offering a warranty."
In other words... remember that YOU are selling the item... and not eBay.
Likewise, if you're buying something, then remember that the seller is probably "just some guy"...
Don't assume that he (or she) knows what they're talking about or knows anything about what you're bidding on...
read the description...
Read the reviews on that seller...
Treat it like a neighborhood flea market and NOT like a big-box store...