These days, mobile payment apps and digital wallets have made shopping and selling online more convenient. As a buyer, when you find what you want and want to make a payment you need to do so digitally by linking a payment method for which your selected account will be debited for the purchase you’ve made.
The seller isn’t left out either. You, a seller, need to set up your Etsy account and link a digital wallet or account where the money you get from a sale will be credited.
However, Venmo isn’t one of the acceptable channels of payment used on Etsy.
What Forms Of Payment Does Etsy Accept?
Etsy payments are how buyers pay and sellers get paid. It allows buyers to choose their most preferred way to pay. There are several acceptable payment options that buyers can use to pay and the seller can use to receive payments listed on Etsy payments. The native Etsy gift cards, coupons, and credit are very much accepted methods of payment. Amongst others are Apple Pay, Google Pay, bank transfer, and credit and debit cards. There may be cases where the sellers do not accept a certain channel of payment. When making payments you are charged in the currency used in the country you are located.
Different payment options are available to different countries and regions. You must be in a country where Etsy operates before you can use Etsy payment either as a buyer or a seller. Etsy is generally not available in the majority of African countries.
For EEA Users
For people who are in the EEA, that is Iceland, Norway, Liechtenstein, and the EU you will have to authenticate your payment before your purchase can be completed. In doing this, you will be prompted to input the response from your card issuer. This could come in the form of a security question, a one-time password that’s usually a 4 or 6-number passcode.
If you have an Etsy gift card or credit linked with your Etsy account, it is automatically chosen as your mode of payment. You can always uncheck the box and choose to use your card if you do not wish to use your Etsy balance.
Payment Via Apple Pay and Google Pay
Apple Pay and Google Pay are payment channels available to iOS and Android users respectively. Authentication required for these are usually passwords associated with the apple or google accounts. Apple devices can make use of face id in authenticating payments like these.
When using PayPal either directly from your account or with your PayPal card, you will be redirected to PayPal. The PayPal page is usually a secure page and can only be opened once. After you have confirmed your details and verifications you will then be redirected back to your Etsy page to complete your purchase. PayPal then sends a receipt to the email account you used to confirm your purchase on the PayPal page.
Buyers who are located in Spain, the United States, the United Kingdom, and Australia are chanced to have an even more convenient mode of payment than people in other countries. They can use a service provided by a company called Klarna that allows them to make their payments in installments. After agreeing to the terms and conditions of Klarna during purchase, your installment payments are received by Klarna and then remitted back to Etsy.
For Sweden Buyers
There is also a Klarna situated in Sweden but works in a different way from the above-described Klarna. It is called Klarna Pay in 30 Days. it is available to users in Germany, Netherlands, Sweden, Austria, Switzerland, Denmark, Finland, and Norway. It basically allows its users to pay for their purchases after they have received their orders.
For Netherlands, Germany, and Austria Users
Users in the Netherlands, Germany, and Austria, are provided with services from iDeal and Sofort banks. the iDeal is available in the Netherlands and Sofort is available in the latter two countries. Just like in using PayPal, you will be redirected to a website managed by the banks to authorize your payment. After you have done this, you’re taken back to the Etsy page automatically to finish your purchase. If you are having problems with using any of the Etsy-approved payment options you can check if they are available in your region.
If you are in a region where your preferred mode of payment is available, you can effortlessly correct this. You scroll to the bottom of the page and make sure your region and language are correct.
If after doing this, your payment doesn’t go through then the problem may be that the vendor does not accept that mode of payment. This means you will have to change what payment avenue you want to use to what the vendor accepts. Some vendors may indicate in their bio what payment channels they accept and the ones they do not accept.
How Can I Buy On Etsy With Venmo Card?
Just like every other card, using a Venmo card at check out is pretty convenient. Once you’re on the Etsy website or app you can start shopping. You can search for what you want directly on the search tab. You can also decide to browse through collections of things that may be of interest to you. When you find something you’d like to buy you can simply add it to your cart by clicking the ‘add to basket option available on the page.
When you’re down selecting everything you want, you can then go to the cart. Click on the cart symbol at the top of the page. This will display all the items you’ve chosen. You can decide to remove some items if you’re having second thoughts or if the total amount is more than you budgeted for.
If you have no problems with your selection then you can proceed to checkout. At the point of checkout, you can choose your preferred method of payment. At this stage, you select the card option and enter the details of your Venmo card.
Enter your shipping address. Make sure your card details and shipping address are correct before moving on. Select ‘place order’ to complete your order process. Now all you have to do is sit back, wait for the vendor to confirm your order, and wait for the call to come and receive your package.
How Can I Update My Bank Account For Etsy Payments
Etsy Payments is a feature available on Etsy for paying and getting paid. It allows you to receive payment from any of the channels aforementioned. Whatever payment channel your buyers employ in completing payment is where you will have to receive your payment from.
During the signup process, you will be required to register for Etsy payments. You will be asked to provide some personal information as well as verify your bank account. You will only be allowed to proceed if you’re 18 years old and above.
Adding and updating your bank account for Etsy payment is a very straightforward process. Below are steps you can follow;
- On the Etsy app or website, select the ‘Sell’ option
- Click on the ‘shop manager’ tab
- Click ‘finances’
- After that, select ‘payment settings’
- By the ‘bank details’ tab, you will find an ‘update’ tab
- Click on it
- Enter the details of the bank account you want to add or the details you will like to update.
How Can I Sell On Etsy
On Etsy, you’re free to list your crafts as well as tools and equipment that can be used to make these crafts. You first create an account on Etsy with whatever username of your choice. You can then proceed to set up shop from the ‘sell’ tab. Here you can choose the currency you want to deal in.
You can also choose a shop name that can easily be searched to locate you. It is important to choose your country and indicate how far outside of your location you can deliver to. You can now set up your Etsy payments account. Make sure the details of the bank account you’ve included are correct. This is to make sure your money isn’t paid to another person. Setting up a profile photo and a bio that entails a summary of what you sell and the services you offer. From here on, you can upload items you have for sale and add a selling price to them.
It will be beneficial to add a brief description of the item to the upload. You can include popular keywords added or hashtags so that your product appears more on search results.
Are There Fees On Etsy
Just as people get charged for land or space when they set up shop somewhere in the form of rent, you have to make certain payments to Etsy. As a seller, you will have to make payments to Etsy as transaction and listing fees. You will have to pay as well if you subscribe to other services on the app. If the payment isn’t made it will be seen as a deficit on your Etsy account.
You may be involuntarily charged by Etsy from your Etsy payments balance if you refuse to pay the fee. It is better to comply with the rules of operation of the app to avoid having problems with cashing out the money you’ve made from selling your items.
I will be helping you with a step-by-step solution to paying this fee. When you are done creating your account on the app, you can proceed with the following;
- Open the ‘sell’ tab and select ‘more’
- Click on ‘finances’
- Click on ‘payment account’
- Look for the ‘amount due’ tab and click on ‘pay now’
- Enter the amount you are to pay to clear the fee
- You can now choose your payment method and proceed to make payment.
Note: It is essential to put it out that Etsy will not charge you for creating an account, you only get charged after setting up shop with them.
MORE ON VENMO:
Etsy is a great art appreciating community and a great marketplace to buy and sell without any hassle. If you are a lover or collector of unique handmade things then you know where to be. You can choose what payment method and channel you feel works best for you and make seamless transactions, just that Venmo isn’t one of the options you have.
Notwithstanding, you can still use a Venmo debit card to make your payments. As a seller, it is most important to choose a payment channel that is available universally. This will reduce the chances of a payment hassle occurring when your chosen mode of payment is not available in the country where your buyer is located. For buyers who are in countries where Etsy doesn’t work, you can attempt to use a VPN to change your phone or laptop, or desktop’s location.
However, if you do this when trying to check out and you need to fill in a shipping address you will have problems. For this reason, it is better to stick to developer policies and wait till it is available in your country.