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Old 11-08-2018
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Default Etsy New Payment System ISSUE !

So Etsy has updated most of existing accounts to a new payment system, in which they deduct fees automatically from each order without you having to pay yourself.

The problem is that when i click to "payment info", they is a warning in a line saying "We were unable to charge your card ending in XXXX."

My question is; is it required to update the card info? I am just confused as to why they are trying to charge the card if they deduct fees from my balance and I don't owe them any money.

Is it safe to add another card? The account is stealth, US based DC store.

Thanks.
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Old 11-09-2018
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Default Re: Etsy New Payment System ISSUE !

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Originally Posted by Yasav View Post
So Etsy has updated most of existing accounts to a new payment system, in which they deduct fees automatically from each order without you having to pay yourself.

The problem is that when i click to "payment info", they is a warning in a line saying "We were unable to charge your card ending in XXXX."

My question is; is it required to update the card info? I am just confused as to why they are trying to charge the card if they deduct fees from my balance and I don't owe them any money.

Is it safe to add another card? The account is stealth, US based DC store.

Thanks.
You need to read all the Etsy discussions on their forum site as this will give u good information. Lots of the new payments threads
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Old 11-10-2018
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Default Re: Etsy New Payment System ISSUE !

Are you using Etsy Payments?

Last edited by ISeeYou; 11-10-2018 at 05:30 AM.
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Old 11-10-2018
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Default Re: Etsy New Payment System ISSUE !

Safe to add new card as long as never used before
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Old 11-11-2018
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Default Re: Etsy New Payment System ISSUE !

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Originally Posted by ISeeYou View Post
Are you using Etsy Payments?
Yes, DC shop.
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Old 11-11-2018
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Default Re: Etsy New Payment System ISSUE !

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Originally Posted by rsot View Post
Safe to add new card as long as never used before
Thanks, rsot!

Quick question, is it safe to change the store name?

The reason I ask is that if i get EIN request, will my company's name on EIN have to be the same as the Etsy's shop name? For example, if my shop's name is "JohnShirts" but my company's name on EIN is "Yasav LLC"?
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Old 11-11-2018
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Default Re: Etsy New Payment System ISSUE !

Quote:
Originally Posted by Yasav View Post
Thanks, rsot!

Quick question, is it safe to change the store name?

The reason I ask is that if i get EIN request, will my company's name on EIN have to be the same as the Etsy's shop name? For example, if my shop's name is "JohnShirts" but my company's name on EIN is "Yasav LLC"?
If it's just the shop name there is no need to change it. Shop name can be an alias.
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