It will cost more to sell on Etsy’s Depop fashion resale marketplace in January when it raises payment-processing fees. Depop blamed it on credit card companies increasing the fees they charge Depop to process transactions. Beginning January 5, 2023, the Read more
When a seller received a message telling them they had $12.33 to shop on eBay, they thought it might be part of a rewards program from eBay. Other sellers quickly disabused the seller of that notion. After the eye-catching headline, Read more
Visa launched a new solution designed to help content creators get faster access to their funds and accept donations and tips from their audiences. The Visa Ready Creator Commerce program is a solution for platforms that host creators. “Through the Read more
Sellers who had just suffered waves of anxiety over a new verification requirement got a shock today when Etsy notified them their accounts were not verified and discovered they were unable to activate a button to re-verify their accounts, leaving Read more
In what seemed like a routine email titled, “View updates to your PayPal account,” PayPal informed an online seller he had passed the threshold for reporting payments to the IRS, notifying him that according to its records, he had received Read more
Etsy finally issued an announcement that it is requiring all US sellers to verify their bank-account information, regardless of how long ago they set up their account. The announcement came a day after sellers began receiving notice that they must Read more
Three customers filed a class action lawsuit alleging PayPal violated racketeering laws (RICO) over its payment holds practices, but a judge recently sent the case to arbitration, according to an article in Bloomberg. Many companies, including ecommerce services, have added Read more
PayPal introduced a new option for shoppers that allows them to defer payment for their purchases and pay in monthly installments, although buyers will want to pay attention to the cost of using the service. PayPal described the new offering Read more
PayPal added a feature that let its customers fund purchases with cryptocurrency last year, and now it’s giving them more features to move their crypto around. It’s able to offer the expanded capabilities thanks to receiving a full “Bitlicense” by Read more
Sellers in a hurry to access money stored in their PayPal accounts will pay higher fees to use its Instant Transfer service beginning next month. However, sellers who can wait 1-3 business days to transfer funds to their bank account Read more
