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| Illustration from www.etsy.com/payments |
More payment options attract more buyers
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Sellers who offer multiple payment options see their sales increase by 49% on average, when compared to sellers who continue offering just one payment option.*
With Direct Payments, your shop will accept 10 different payment methods instantly.
With Direct Payments, your shop will accept 10 different payment methods instantly.
And, Direct Payments now supports PayPal, so you can manage all of your payments from one place. We’ll put the funds from all of your payment methods into your Shop Payment Account at the same time.
Benefits of Direct Payments
Get paid in one place
When buyers pay with PayPal, we’ll put the funds in your Shop Payment Account, along with your credit card sales.
Pay one consistent fee
With our integrated PayPal system, you’ll pay the same processing fee every time, regardless of how a buyer pays.
Stay protected
Etsy Support can help resolve PayPal-related issues for you. We can’t offer this help when you use a personal, standalone PayPal account.
See all the benefits of Direct Payments at etsy.com/payments.
After reading the small print......prior to this system all of my payments were processed through Etsy & Paypal so both parties would take a cut, now alongside Etsy taking their fee as a result of using direct payments I have to pay a further 4% +20 GBP as a flat rate for payment processing reducing my profit margins further.  |
*According to an Etsy analysis of year-over-year sales of active US and Canadian sellers over the same 4-month period over two years (20th January to 20th May in 2014 and 2015).