PayPal is the fast, easy, and secure way to receive payments on eBay. When you list your item with PayPal as a payment method, your buyers can pay you securely online with a credit card or bank account.

PayPal provides:

• Usually instant payments on eBay items. Get paid faster than with a cheque or money order.

• PayPal uses the best commercially-available encryption technology to ensure that your financial information is never shared with buyers or sellers, something that is of increasing importance online shoppers today.

• Payments usually appear in your account instantly. It can take up to several days to receive a bank transfer. With PayPal, however, payments from buyers usually appear in your account instantly, so you can dispatch your items faster and keep your customers happier.

• You can easily keep track of transactions by going to your online account. You can view a summary and details of all of your transactions and your current account balance.

• Competitive fees. Accept credit card payments without the setup or monthly fees traditionally associated with a merchant account.

• The ability to require immediate payment for Buy It Now items.

For sellers, there is a small fee for each payment completed through PayPal. However, there are no setup fees, no monthly fees, and no minimum charge requirements.

You don’t need to sign up with PayPal to offer PayPal on your listings. Just select PayPal as a payment method on eBay's Sell Your Item form, enter the e-mail address where you want payment sent, and you will be ready to receive online payment from your buyers. You will be asked to sign up once you receive your first payment.

Important: If you offer PayPal as a payment option on eBay (either using logos or text in the item description) you must accept all forms of PayPal payment including account balance, bank account transfer, and credit cards.

How to verify your PayPal account

The verification process is PayPal's way of further safeguarding the security of everyone who uses the service. It assures you that the person you are transacting with is the actual owner of the account.

It also assures buyers that they are dealing with a trusted PayPal member who has successfully passed our security checks. 

Note: You must have a Verified account to be able to offer your buyers PayPal Buyer Protection.

Two ways of becoming verified:

• If you've already signed up for a PayPal account and you registered your bank account as your main source funding your PayPal account, you are already verified.

• If you haven't signed up yet, or you registered a credit card or debit card as your main source of funding, you are not verified.

To verify your PayPal account:

Step 1 - Add bank account

• Log in to your PayPal account and check your account status - it will either be Verified or Unverified.

• Click Get verified from the top left of the page and follow the steps to link your bank account to your PayPal account.

Step 2 - Confirm bank account

• PayPal will make two small deposits to your registered account. Wait three to five days for this to happen.

• Log in to your PayPal account, click Set up Bank Funding from the top left of the page and enter the amounts exactly as they appear on your bank statement.

This process ensures you are the actual owner of the account. Once complete, you'll be able to make instant PayPal payments funded from your bank account.

To learn more about PayPal or to sign up, visit PayPal.

A message from our lawyers

The PayPal service is provided by PayPal Australia Pty Limited (ABN 93 111 195 389) which holds an Australian Financial Services Licence, number 304962. eBay International A.G is an authorised representative number 308318 of PayPal for the purpose of providing information about PayPal. eBay and PayPal are not acting as your agents, are not providing personal financial advice to you and do not take your individual circumstances into account in providing information about PayPal. You should consider PayPal's Combined Financial Services Guide and Product Disclosure Statement before deciding to sign-up for or use the PayPal online payment service. For further information about PayPal services visit the PayPal website at www.paypal.com.au.

PayPal Buyer Protection and PayPal Seller Protection are also subject to the terms and conditions in PayPal's User Agreement, incorporating the Buyer Protection policy and Seller Protection policy which include details on eligibility criteria and the discretionary nature of the policies.