Tuesday, February 7, 2012
Etsy is introducing "Direct Checkout" - a new feature that will allow Etsy buyers sumbit their orders and, instead of paying by Paypal, use credit cards to pay for it. I know I lost quite a few Etsy Sales by being unable to take credit cards if buyers didn't have a Paypal account, so I am thrilled that Etsy will now allow us to take credit card payments. Of course, there's a fee charged for every credit card sale - 3% of the sale amount plus $0.25 transaction fee and, depending on the total amount of the sale, it may turn out to be more than what Paypal charges (1.9-2.9% plus $0.30 fee per transaction), so, if you are an Etsy seller, that's definitely something you may want to consider when deciding whether to take advantage of the new Direct Checkout. If offering Direct Checkout brings extra sales, it will be well worth the price. If you would like to learn more about Etsy Direct Checkout, be sure to read this Direct Checkout Announcement on Etsy Blog. For now, I got on the list of Etsy Sellers interested in trying out the new checkout option and hope to be able to take Credit Card payments at my Zipper Store soon :) It is also good to know that Etsy has no intention of discontinuing the Paypal checkout option, so Etsy buyers and sellers will be the ones who will choose how to pay and get paid.