Etsy have updated their payment policy to allow for Etsy payment account reserve. In most cases this will only apply to new sellers and if you’ve been trading for more than 90 days you should be unaffected.
“More and more people are doing their shopping online and millions of new buyers have recently discovered Etsy, but that also means some sellers are seeing an increase in order disputes and issues. To keep buying and selling on Etsy safe and easy for everyone, we’re introducing payment account reserves. For now, this means some sellers may have a reserve placed on their account for a short period after their first sale.”
If you are subject to an Etsy payment account reserve you will have a percentage of each sale held before the funds are available for deposit. Some sellers may have a reserve placed on their account for the short period after their first sale. Etsy say that reserves help to keep a shop’s balance from going into the negative if they receive a chargeback from a customer’s credit card company.
Sellers with funds reserved will be able to see the amount reserved, their charge activity, as well as how much is available for deposit in their Payment acco
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