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Webmasters who sell goods and services can now accept Paypal payments using their 2Checkout account after this announcement on the 2CO website:

By popular demand, 2Checkout now supports PayPal Express Checkout. Suppliers have long been able to pay their 2CO set up fee with PayPal. Starting today, many customers will have the option to pay for their purchases with PayPal as well.

This will allow customers to pay for products and services with the funds in their PayPal account, even if the supplier does not have their own PayPal account and only uses 2Checkout.

The PayPal payment option will be available for all non-recurring orders in the following currencies:
Australian Dollar (AUD)
Canadian Dollar (CAD)
Euro (EUR)
British Pound (GBP)
Japanese Yen (JPY)
U.S. Dollar (USD)

This announcement will be very good news for sellers in those countries which have not been supported by Paypal.

About 2Checkout: 2Checkout.com, Inc. (2CO) is the authorized reseller for over 1.6 million tangible or digital products and services. In 2006, 2CO serviced over 1.9 million buyers for a total of over 200 million in sales. The site serves of an average of over 8 million page views per month.

source: Web Hosting Diary: 2Checkout now supports Paypal payments