I use pirateship for my shipping, because it is typically cheaper. I have my paypal debit card linked to the pirateship account so I get cash back for my postage. Fortunately, I have not had the problems others had with the debacle in February. After that, I deleted my backup funding source, which seemed to be a problem with that money grab So far, so good I hope I did not just jinx myself Just a cash grab..
Typical corporate greed, we terminated all our etsy shops, from this when they automatically opted us in last time, of coarse lots of complaints, but just a small blip email for etsy and they will take in millions more, they will survive, and thrive,,, they know they have plenty of sad desperate hurting sellers who will do whatever etsy wants, really quite funny to see.
If you haven't turned off standalone PayPal by then, we'll automatically start processing your PayPal sales through Etsy Payments. Don't worry, we'll send you a reminder before that happens. Etsy wants it's paws in all of our money. This is just another cash grab. There's going to be nothing left for sellers when they are done with their machinations. Its interesting to see that most of these "venue" types want to control everything, and you, the seller are responsible for everything that goes wrong.
I see the walls closing in. You really don't have your own business when you sell. They pretty much control what you can do. AND, I can guarantee that in most cases, you pay more in fees to them than you make for yourself.
So, you have to ask. Who works for who?? Buyers want a choice. Etsy takes away that choice, both from buyers and their own sellers. Shop anywhere else, and you can pick how you pay. So many buyers will simply walk away. Then the damage is done. No buyers, zero sellers. This decision at a time when Amazon offer a handmade section. What ARE they thinking? It's like grab the money NOW, as fast as you can. That is still going on after over 6 months.
More money in their coffers, which isn't their money. Then the USA scandal with credit cards being raided, for money never owed.
Get that all sorted out before taking your sellers Paypal payments. Sellers enroll in the program and, as a result, let Etsy tackle all the procedures related to accepting, processing payments, transferring money between bank accounts, dealing with payment providers, handling disputes and chargebacks, etc. Buyers can choose any supported payment method to purchase from a shop with Etsy Payments. Sellers get direct deposits to their bank account.
In other words, this system serves as a unified gateway through which merchants receive money directly to their business bank account, regardless of the payment method the buyers used.
PayPal has been the most natural way of selling and buying things on Etsy over the years. The only thing that has changed is how merchants receive the funds. With activated Etsy Payments, merchants get the money into their account on Etsy, not into their direct PayPal account.
This rule is mandatory only for newly started shops. All Etsy businesses that existed before the new policies were announced, can proceed using their direct PayPal account for accepting payments as they did before. Etsy uses its own payment processing to simplify payments for both sellers and buyers. Nevertheless, there are both advantages and disadvantages to this system.
With Etsy Payments, merchants are managing money in one unified Etsy account rather than in multiple places. Etsy has an extensive range of fees under the hood, making accounting for Etsy sellers a bit more of a headache than it already is. This solution may provide a small but, nevertheless, enjoyable relief. Etsy takes responsibility to resolve disputes and chargebacks. It is not disclosed, for how long the policies will be in force. What do you think about using Etsy Payments?
What is your experience with this payment solution? Is it more convenient than using a direct PayPal account or not? Feel free to share in the comment section below.
Whatever payment gateway you are using for selling online, you can always fetch the correct sales data from the direct Etsy PayPal integration with Synder or via the Etsy integration with accounting on its own. The software will automatically put the information about the disbursements in the correct lines of your digital ledger once the payments are settled with the bank.
Buyers with a US billing address can pay for certain items later after the purchase in a few installments. Here are the options:. On the other hand, this solution brings delays in payments and a certain level of operational inconvenience due to negative cash flow.
Synder will always have your back when it comes to simplifying accounting for e-commerce businesses. Etsy offers a variety of payment options to make it easier for its merchants to get paid online. As has been already said, PayPal is the most popular payment option on Etsy, but there are alternatives.
Buyers who are shopping on the Android mobile app can purchase goods via Google Pay. Trying to reach out to as many customers as possible, you might decide to start selling online not only on Etsy but on other popular marketplaces too, such as Shopify , Amazon , and eBay.
When your business is present on several e-commerce sites simultaneously, you might wonder if there are ways to integrate these platforms somehow, or at least share some valuable information between them to optimize your business processes. Synder accounting software allows e-commerce companies to add multiple sales platforms into their accounting.
It means if you have online stores on Etsy, Amazon, Shopify, eBay you can get all sales data from each source automatically synchronized into your accounting system. With no manual work involved. You will know how many sales you have made via what channel, what the net and gross amounts are.
The customer, vendor, merchant fees, and shipping data will be correctly reflected as well. It will be much easier to track inventory and even pay taxes, as all your financials will be securely recorded in one place.
You will have no problem with financial reporting and strategic planning from the moment you connect Synder to your online stores. Try it now for free. The variety of payment options adds more flexibility and bigger revenue potential for an e-commerce business. Cost might not be the only criterion -- but it is certainly something that a seller needs to take into consideration. I have never had any problems with Paypal as either a seller or a buyer so I am very happy to continue to use it whenever possible.
Sign In Help. Learn more here. Turn on suggestions. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Showing results for. Search instead for. Did you mean:. IncaGoldSilver Reader. Why be force to use PayPal. Open a new Business account , I submitted all there Documents as requested was approved.
There fees are outrageous to begin with. Boycott Paypal. Translate to English There was a problem fetching the translation. All forum topics Previous Topic Next Topic. Accepted Solutions. Re: Why be force to use PayPal. Reply Loading DianeMabrey Crafty Poster. WitticismsRus Community Maker.
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