New rules from May 31 mean fees and expenses will be deducted at the point of sale instead of through a monthly billing statement. The remaining balance will then be transferred directly to your bank account – not your PayPal – eBay said. Ebay said it is handing regulators the power to take down dangerous listings without consulting the company. Officials will be able to remove items "where they have evidence of a risk to consumer safety", eBay said. EBay said it already had "extensive" reporting systems for customers to use and took "pro-active" steps to remove banned items.

Source: Daily Mirror May 10, 2021 08:54 UTC