PayPal is a Web-based application for the secure transfer of funds between member accounts. It doesn't cost the user anything to join PayPal or to send money through the service, but there is a minimal fee structure in place for those members who wish to receive money.As of late 2008, electronic payments are the only recommended method of payment for goods sold using ebay. This includes accepting credit cards using a bank merchant account, ProPay or Paypal. While ebay believes this will greatly reduce the number of items not received by buyers and reduce the amount of negative feedback left by buyers.
Accepting Paypal payments often increases the amount of bids your item received resulting in increased revenue for you as a seller. It also means quicker payments, usually the same day or within a few days of the auction ending on ebay.
While some say Paypal fees are high, once you take a look at other packages available to sellers who wish to receive credit card payments, you will see the overall cost of setup and transactions are lower than any other option available. Considering that and the integration with your ebay listings and you see it is the best choice available hands down.
