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Yes, it is possible to pay through PayPal using a credit card even if you don't have a PayPal account. For your eBay purchase, use the Pay Now button that you see on your "My eBay" summary page and select PayPal as your method of payment. As you go through the checkout, you will have the opportunity to enter your card details (if you had a PayPal account, all that you would have to do at this stage would be to log in with your PP account details and then confirm the payment).

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