Beginning October 20, 2008, all items listed on eBay.com must be paid for using one of the following approved payment options:

* Direct credit or debit card payment via a merchant credit card account

* PayPal

* ProPay

* Payment on pick-up

Paper payment methods such as checks and money orders will no longer be accepted on eBay.com.

With these reasons listed:

Individuals who pay with a check or money order on eBay.com, are 80% more likely to file an "item not received" dispute, and 50% more likely to leave a negative feedback than buyers who pay with PayPal or a credit card. Prohibiting paper payments greatly reduces your exposure to fraudulent activity.

What they left off was the fees and percentage that they will now make on all transactions for just about everything sold on eBay.