What's the deal with Ebay and Paypal these days?

Ebay no longer uses PayPal to handle the financial transactions. They now do it in-house. They take many types of payment including Google Pay & PayPal. The procedure is called Managed Payments. When payment is made by the buyer, after they receive an invoice with shipping and state sales tax, the seller can buy a shipping label that is directly subtracted from the total, along with all eBay fees. The remainder will be deposited in your checking account in 3 days or less. You are required to have a checking account and the application form requires your Social Security number. The system works really well and includes The Seller Hub that tracks everything for you and is very intuitive.

I won't sell on ebay anymore due to the checking account requirement. Other sites have proved to be better overall for selling. Goodbye ebay...

Ebay sucks ass Royaly , there so greedy certain items you would be able to find Are not worth listing so you will never see them. I was an early power seller and towards the end I felt like a slave to eBay it’s at a point where they make all the money on the transaction and dont do nothing , it’s my stuff, it’s my labor , it’s my effort , I need more money to make it worth it for me . And that’s why I won’t sell on eBay anymore . Better off on offer up or craigslist dealing with the crazies . 

I was just bumped into managed payments by eBay. I had no choice, but remarkably, after I was in managed payments the proceeds of one of my sales wound up in PayPal. As long as I get paid in the end, I suppose it works but clearly, funds were available to me quicker via PayPal than they are now via managed payments