Etsy is well known and a major player in the handmade and vintage arena with a marketplace that offers curated collections and suggestions.
Etsy Payments adds 7 new countries
Etsy Payments enables buyers to pay how they want, including Apple Pay, Google Pay, PayPal, Etsy Gift Cards and of course all major credit card networks. Sales made through Etsy Payments are eligible for Etsy’s Seller Protection Policy, meaning Etsy can better support sellers should an issue with a buyer arise. Sellers can also manage all their Etsy shop’s financial information in one place and take advantage of fast and flexible deposits.
Now Etsy Payments is expanding with the support for seven additional countries. Sellers in Israel, Malaysia, Mexico, Morocco, South Africa, Turkey and the Philippines can enroll today to enjoy the same flexibility for their buyers (with the exception that PayPal is not available to sellers in Israel and Turkey).
The announcement comes at a time where shoppers are increasingly turning to ecommerce for their everyday shopping needs. With the expansion of Etsy Payments, small businesses in more countries will be able to meet the preference of payment method for their buyers around the world.
We’re excited about the continued global expansion of Etsy Payments, which benefits both sellers and buyers as we work to make relevant payment options available across our global marketplace. And we’re not stopping with these seven markets — we plan on rolling out Etsy Payments in at least three more markets this year.
Etsy Payment is powered by Adyen which is increasingly becoming the defacto payment provider of choice for marketplaces, with others including eBay and Notonthehighstreet.