The link didnt work but the link was to a merchant account page. The answer to your question is yes. If you have a personal account it will try to deduct first from a paypal balance and then from the bank account. You have to provide the bank routing code and account number, they will make two small deposits into the account of amounts less than 10c. You return to the site and tell them what the deposit amount was to validate everything is working and you are up and running.

You can then link your account to your ebay account to get the flow between the two systems for purchasing items from ebay. Or use it at any number of ecommerce sites that accept paypal.