Etsy is expanding managed payments to sellers in seven new countries in partnership with company Payoneer: Ukraine, India (exports only), Japan, Thailand, Argentina, Chile and Peru, the company announced on Tuesday. The marketplace began managing payments on behalf of sellers Read more
Etsy is updating its seller policies, which will go into effect on February 23, 2021. We posted information about the new payment holds (which Etsy calls “reserves”) on the AuctionBytes Blog, “Etsy to Hold More Funds due to Increase in Read more
Etsy announced shoppers can now pay in installments thanks to a third-party service called Klarna. Etsy explained how it impacts sellers in today’s announcement, “We’ll send all of your funds for orders made with Klarna to your payment account the Read more
Etsy announced it has rolled out its payments platform in seven new markets. Sellers in Israel, Malaysia, Mexico, Morocco, South Africa, Turkey and the Philippines can now enroll. In the US and other markets, the program is mandatory. We sought Read more
Etsy took over payment processing on behalf of sellers and is now expanding that to more countries, it announced on Thursday. The announcement covers transactions in Turkey, Malaysia, and Mexico to start, with more countries to follow. Etsy had entered Read more
It’s hard to believe that just one year-and-10-days ago, it was business as usual at Etsy under a CEO who had happily reigned for 6 years. But on May 2, 2017, the company’s Board of Directors abruptly turned things upside Read more
Etsy confirmed a privacy breach impacted about 1,500 sellers. The incident was caused by human error and was not related to any hacking or website vulnerability. The incident occurred on January 30, 2018, when an Etsy seller requested a copy Read more
Etsy is forcing sellers to use its payments service, which its rebranding from Direct Checkout to Etsy Payments. This week it extended the deadline to comply until May 31st, after which it will suspend selling privileges for those who do Read more
Etsy CEO Chad Dickerson wrote a letter to sellers who were impacted by the payment-processing problem the marketplace experienced last month. Those buyers and sellers who had been hoping for some form of compensation for the disruption and three weeks Read more
Etsy’s reputation is taking a bruising due to a payments processing technical disaster that is being blamed on its third-party partner Worldpay. Etsy sellers are concerned that their reputations are also being harmed as customers have experienced myriad problems that Read more
