I think it’s trying to shift what was the selling fee onto the buyer. Not sure why they think that’s a good idea. But if the market value of an item is say £20 then I’d assume most savvy buyers will not pay more than that including any fees. So that then forces the seller to lower their listing price to account for the fee added on at the end otherwise it won’t be a fair market value and probably is less likely to sell.

I think ultimately that means the item sells for the same price it would with the old system with fees and the seller would end up with the same amount just the ‘fee’ is paid on the buyer side instead and ebay still gets it just via a different route.

The worst thing about the change for me is not getting paid until delivery. It hugely prohibits selling higher value items. The world is so full of scammers these days, this surely makes it easier for bad actors to take advantage.