|Tue Sept 8 2015 23:06:29|
Etsy Policy Unleashes Firestorm Against PayPal
By: Ina Steiner
The news elicited comments like the one from this seller: "Will these transactions be protected by PayPal or Etsy? PayPal is notorious for not protecting sellers and I do not wish to do business with them and be at risk for losing money."
And this one: "I'd like to know if buyers can go right to PayPal and file bogus claims to scam buyers like they do on eBay."
Etsy's optional Direct Checkout feature allows sellers to accept credit cards without having a merchant credit card account. Etsy also gives sellers several choices of payment methods they can offer, including PayPal.
But Tuesday's announcement means sellers who choose to use Direct Checkout will have no way to block PayPal as a payment method offered to their buyers.
Not all sellers who discussed the change were concerned - some on this thread
did not see any cause for alarm.
Is Etsy now offering PayPal in Direct Checkout because it's no longer directly owned by eBay (as of mid-July)?
Etsy writes, "PayPal transactions processed through Direct Checkout are covered by Etsy Seller Protection. PayPal payments will be treated just like credit card payments for the seller. Sellers won't interact with PayPal at all on these transactions." How can that be, since buyers will expect the same rights and protection using PayPal on Etsy as they do on other venues?
It will be interesting to see how it plays out.