As a seller of an Auction-type Buy It Now listing or a fixed price (Buy It Now) listing, you have the option of requiring a buyer to pay immediately with PayPal before that buyer can purchase your item. You might use this feature if you're selling a time-sensitive item or if you want to avoid unpaid items.
How it works
A buyer who clicks the Buy It Now button in your listing is directed to pay immediately for the item using PayPal.
Until the buyer completes payment, the item remains available to other buyers to purchase for the duration of the listing. The first buyer to complete their PayPal payment officially wins your item.
Once a buyer completes payment, the listing ends and you are directed to ship the item.
You can use the immediate payment feature with any selling format (Online Auction, Fixed Price, Store Inventory), as long as your item has a Buy It Now price.
If you have an auction-like listing, both the Buy It Now button and the immediate payment requirement disappear once a bid is placed (or once a bid meets your reserve price). In that case, the listing becomes a regular auction-style listing, with the item going to the highest bidder.
Listings with the immediate payment feature must offer PayPal as the only payment method. This includes auction-style listings that end with a high bidder.
If the listing reaches its ending time before any buyer has completed payment, then no one wins the item and you can relist it.
Requirements
To require immediate payment for your item, you must:
Have a PayPal Premier or PayPal Business account when you list your item
Specify a Buy It Now price no more than AU$3500
Specify postage costs to all locations you are willing to post to
Have an eBay seller account in good standing
Notes
If you have an Online Auction listing, both the Buy It Now button and the immediate payment requirement disappear once a bid is placed (or once a bid meets your reserve price). In that case, the listing becomes a regular auction-style listing, with the item going to the highest bidder.
Listings with the immediate payment feature must offer PayPal as the only payment method. This includes auction-style listings that end with a high bidder.
Must use Buy It Now and PayPal.
