We know that PayPal is the safest way to pay on eBay, and we want to make sure our buyers have this option with new sellers, said eBay North America president Bill Cobb, cited in Auction Bytes.
According to MarketWatch, this is the first time eBay has ever required new sellers to use a specific payment option. In addition to this requirement, eBay will only archive the last two years of feedback from buyers.
Existing buyers will not be affected by the new requirements.
In other eBay news, the online company expects to roll out its Feedback 2.0 system, to be piloted in markets outside of the US, allowing traders to rate each other on individual transactions.
