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Post by marsha91091 on Jan 2, 2017 17:17:40 GMT
I just sold something & apparently have been paid, but I'm not sure where the $$ is. It's not in PP.
I set up my Etsy a/c so long ago, I'm not sure what I did. I looked on my "Shop Payment Account" and I see my bank checking a/c # is there. Not sure why. I see that I accept PP, but don't see my PP address anywhere.
Any advice?
Tks. |
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Post by marsha91091 on Jan 2, 2017 17:18:39 GMT
I forgot to add that it says "funds will be available Jan 5".
Is there always a hold?
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Post by unknown on Jan 2, 2017 18:42:59 GMT
I have paypal allowed also but not one buyer has ever used it (not that I have a bazillion buyers). The buyer paid by direct checkout. They 'automatically' have direct checkout setup to go to your checking account. When it's the first time, it may take a bit longer cause they have to do that 'test' deposit stuff. Check if you can request an earlier deposit - that's what I did and it got deposited that night.
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Post by chapeaunoir on Jan 2, 2017 18:43:09 GMT
Your payment should be under 'revenue' on your dashboard page.
Funds are sent to the payment account on file every Monday (mine is my checking account and sounds like yours is, too), but you can request sooner disbursement - I usually just let the accumulated payments drop in every Monday. That yours is 1/5 availability to begin with may be because you don't have an ongoing selling history with them so maybe they do a 3 day hold before you can request early disbursement - I can't remember what it was in my case as it was 18 months ago.
I have my PP ID in there but am in direct checkout and do almost no business through paypal with Etsy, but be sure you check to make sure your PP is updated and correct if you set it up a while ago as some people do use PP.
Etsy basically does all the money handling - your shipping and everything is bundled into one fee structure (you purchase your labels basically from Etsy).
What I'd do is go ahead and ship so your funds are released and you see how the process goes.
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Post by marsha91091 on Jan 2, 2017 18:57:26 GMT
OK, I get it now. I assumed it was all through PP like Ebay.
Thank you.
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Post by frakinfashion on Jan 2, 2017 19:11:26 GMT
Congrats, marsha! Your first sale--that's great!
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Post by sunsetpainter on Jan 2, 2017 19:14:45 GMT
Congratulations!! My first Etsy sale freaked me out. I had the 3-day hold too. But now If I sell something, I just let them deposit the $ to my bank account on Mondays. Unless it's a custom order, I ship next day.
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Post by chapeaunoir on Jan 2, 2017 22:40:31 GMT
marsha91091 What is your shop name so we can all favourite it?
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Post by bettyblackbent on Jan 5, 2017 3:45:20 GMT
Your money is available to deposit the next business day beginning 90 days from your first sale. Until then, it is 3 business days (New York time, so mine is available at 9pm PST).
You can no longer accept anything but Etsy Payment Account payments unless you're grandfathered in to accepting straight PayPal. I think stores opened after last October lost that option. People can still use PP to pay but it goes through the payment account, not directly into your PP.
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Post by Deleted on Jan 6, 2017 0:22:58 GMT
Your money is available to deposit the next business day beginning 90 days from your first sale. Until then, it is 3 business days (New York time, so mine is available at 9pm PST). You can no longer accept anything but Etsy Payment Account payments unless you're grandfathered in to accepting straight PayPal. I think stores opened after last October lost that option. People can still use PP to pay but it goes through the payment account, not directly into your PP. Leave it to Betty and chap to always be so well informed. I'm too brain dead lately to even check but I think mine goes into PP. It had better be! Congrats on your first sale, Marsha. |
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