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It depends if the seller set the purchase as pay immediately. If so, when you hit "buy it now", you'll pay for it instantly. There's also a setting on Paypal, which asks you if you want to skip the log in to "pay now", if you've clicked this, its essentially one click purchase the same as with Amazon.
Ha, no I am in the market for a commercial espresso machine with a budget in that ballpark. This particular machine normally would sell used for around £5-7k. It really is too good to be true, but I'd had some gin and now I have enormous, huge remorse.
What was meant to happen was I would hit BIN to secure it, get in touch with the seller, arrange cash on collection and bail if anything smelt fishy. What happened was I hit BIN and Paypal took the cash immediately. Probably could have been avoided if I wasn't such a bellend.