Hi all-
just did a bit of surfing to find out about this "Propay" that is the other payment company to be allowed by Ebay.
I was trying to see what the REAL connection is between Ebay & Propay, and found this. Sorry if its a bit longer than the usual post. Below is the straight cut/copy I found on a review site, web link to that site at bottom.

"Propay *x0 (use extreme caution)

At 3.5% + 35 cents per transaction, and another 35 cents to withdraw the funds, they are rather pricey. But they do offer two advantages. You can pretend to have a merchant account, since you charge the card yourself and the address verification reports if the address given you matches the cardholder. They also have two problems. One, you don't find out if the address matches until AFTER the charge goes through. If it doesn't match, you have a small window of opportunity to cancel the transaction before you are charged transaction fees. Two, I have tried to charge at least 12 cards and in every case it reported that the address didn't match. The last card I tried was my own, which I have used successfully for years. Propay reported that the zip code didn't match. I tried it twice and it's hard to misspell a zip code. So I am pretty certain that Propay's verification doesn't work. Yet their customer service wants me to believe that the same problem is the fault of 12 different banks.

You have to wait a few days for the money to be available in your Propay account. Then you have to withdraw it to your bank account and wait another few days. Propay's fees are rather high for less service than you get with Paydirect and longer waits for your money. What kind of protection does a seller get? Absolutely none. Sellers are responsible for all charge backs plus charge back fees. Though some sellers have told me that they like the fact that Propay lets them pretend to have a merchant account, I feel that the fees are too high, the service too low and the potential for charge backs too high to justify using it regularly. But because there are foolish buyers out there who think that you are somehow more reputable or that they are safer if you charge their card directly, I did use it before I got my merchant account.

Seller protection against fraud: moderate. Buyer protection against fraud: high. Seller protection against charge backs: none."

http://www.ygoodman.com/payments.asp