EBay has announced a series of changes that will affect users after the online marketplace ended its 19-year partnership with PayPal.
From June 1 onwards sellers will no longer be able to manage their sales on PayPal and monthly billing statements will be axed.EBay users who have not updated their payment details will "lose their eligibility for future selling fee promotions", the company warned in a recent email sent to account holders.
The message said: "eBay now manages the end-to-end selling experience on our marketplace, including payments."Mirror Online reports that from June 1, any fees on sales will be withdrawn at the point of sale, with the remaining balance automatically transferred to the seller's bank account.
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