Etsy Payments Policy Update

On 15th May 2019, all sellers in eligible countries must be enrolled in Etsy Payments with integrated PayPal. Standalone PayPal was switched off in Etsy Payments eligible countries on 15th May 2019 and is no longer be available to sellers in these countries.

If you’re not enrolled in Etsy Payments yet, learn how to enrol in Etsy Payments. If you haven't enrolled in Etsy Payments by 15th May 2019, your selling privileges will be suspended until you enroll.

If you didn’t disable your standalone PayPal account and integrate your PayPal sales through Etsy Payments by 15th May 2019, we automatically made this change for you. Once you moved to integrated PayPal, all of your PayPal sales will be processed through Etsy Payments.

Read the updated Etsy Payments Policy, where you can learn about the fees charged for sales processed through Etsy Payments.

What is Etsy Payments?

Etsy Payments is the primary way to get paid on Etsy and offers more payment options to your buyers. Learn more about Etsy Payments.

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How to enrol in Etsy Payments

To enrol in Etsy Payments:

  1. On Etsy.com, click Shop Manager.
  2. Click Finances.
  3. Click Payment settings.
  4. Click Select your bank account country.
  5. Enter your bank account and residential address to receive deposits. You'll also be required to verify your personal identity.
  6. Add a credit or debit card. (Shops based in Germany, Austria, or the Netherlands don’t need to add a credit or debit card.)

Learn more about enrolling in Etsy Payments.

If you haven't enrolled in Etsy Payments by 15th May 2019, your selling privileges will be suspended until you enroll.

How do I know if I'm already enrolled in Etsy Payments?

Go to your Payment settings and, if you're enrolled, you'll see Etsy Payments in the Payment Methods tab.

Why should I enrol in Etsy Payments?

For your buyers

Etsy Payments provides buyers with a unified experience across shops, and gives them the choice of how to pay for an order. By creating a unified experience and offering more payment options, you can build trust with your buyers.

To simplify your payments

Etsy Payments routes all of your earnings from Etsy to one place. You can schedule your deposits to arrive in your bank account when you want them.

To protect your business

Etsy Payments gives you the most protection on Etsy. When your payments are processed through Etsy Payments, it provides Etsy with the information we need to help investigate chargebacks and facilitate the resolution of cases filed against sellers.

Why should I accept PayPal sales through Etsy Payments?

When you’re enrolled in Etsy Payments, people who purchase items from your shop can pay using PayPal. These sales go into your Payment account on Etsy instead of appearing in your PayPal account. With Etsy Payments, you're managing your money in one place and you offer buyers the choice of more payment options.

Where eligibility requirements are met, Etsy's Seller Protection covers PayPal transactions processed through Etsy Payments.

Will I have to pay PayPal fees as well as Etsy Payments fees?

No, when you use PayPal through Etsy Payments you don't pay a separate PayPal fee. Learn about the fees charged for sales processed through Etsy Payments in the Etsy Payments Policy.

 

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