Hi All
As a business seller on Ebay selling Vacuum parts (16 years) we had this change about two years ago.
I thought exactly the same more profit for Ebay and not as simple for me the seller.
However although it took some getting used to I am now happy with the set up, I just check my bank account and see the payments come in. If a refund is needed Ebay do it before the money goes to your account. It is very much automated.
I think it works out the same or a little cheaper.
I have also just been notified it is happening on my private account with Ebay now. So I know how it works and know what will happen.
The only problem is now as I sell a few bits on Ebay for funding my Model boats and that's all I use paypal for. It now means the money goes direct into my bank account and mixes with my household account. That in turn means the wife will spend it on the Grand kids, better get another account sorted quick!!!!!!!!!!!!!!!!!!!!.
I think a bigger concern is the Packlink for delivery, waste of time use parcel to go and with a lot of couriers can import all orders to make automated.
I still feel Ebay support the buyer not the seller as no matter what the buyer says the seller ends up at a loss if there is a dispute.
Right that's my moaning done, but finally buy and sell on here, no cost's, proper modellers, and pay how you want and agree your terms with the buyer/seller not a third party. But please abide by the very simple rules.
Stay Safe.
Bob