This is concerned with filling in Payment Information that you want to set up for your products.

• Enter the desired name for “Payment Policy”.
  
• You can either choose the “immediate pay” option or you can choose one of the payment options eBay offers, PayPal, MoneyXferAcceptedInCheckout, PersonalCheck, VisaMC, AmEx, MoneyXferAccepted, COD, PaymentSeeDescription, Escrow. Any of the suitable payment modes can be set for buyers to pay while checkout.
• If you want your buyers to see any relevant message at the time of checkout, then you can type the message in the field Additional checkout instruction:
• At last  Save the Policy.In order for a seller to apply an immediate payment requirement for an item, the following must be true:
  1. In Immediate Pay mode only PayPal is accepted.
  2. The seller must have a Premier or Business PayPal account.
  3. Buy It Now price (if applicable) cannot be higher than $10,000 USD.
  4. The listing site supports PayPal payments.
  5. Category supports PayPal payments.
  6. The listing type is fixed-price or auctions (with the Buy It Now option).