Forum

Etsy Payments end of stealth ?
 

What do you guys think ?:ban?:

Direct Checkout has a new look and a new name. Etsy Payments allows you to accept multiple payment methods, including credit cards, PayPal, and Apple Pay. It’s also more flexible, stable, and secure than ever.

Because we want buyers to have a consistent experience when they check out on Etsy, we’re requiring that all sellers set up Etsy Payments by 17th May 2017. If you don’t set up Etsy Payments, your selling privileges will be suspended on 18th May. All you need to do to get started is connect your bank account and verify your identity.

Re: Etsy Payments end of stealth ?
 

guys check your Emails. Every shop that doesn't have Direct Checkout will be shut down on May 18th 2017 ! ! !

Re: Etsy Payments end of stealth ?
 

I just saw this email, really concerned. I have direct checkout set up but I take it this is all new? 'All you need to do is connect your bank and verify your identity' is the part that worries me. I already have my bank linked to my account for direct checkout but how do they plan on verifying our identities? Obviously I used stealth details with my real bank account?

Re: Etsy Payments end of stealth ?
 

Also how do you even have an account without direct checkout? I dont think anyone has been able to open an account without DC for a while? Its easier for UK people but I still dont understand exactly what etsy will do if we already have our bank account linked to our DC?

Re: Etsy Payments end of stealth ?
 

we will see

Re: Etsy Payments end of stealth ?
 

I was doable the youngest one I have is about 2 month old. If you already have the DC you have to do nothing.

Re: Etsy Payments end of stealth ?
 

Looks like we have to find out how to fool that DC (Etsy Payments)

Re: Etsy Payments end of stealth ?
 

IMO, the biggest problem with doing stealth now is when Etsy asks for your SSN when you begin to approach the 200 sales/$20,000 threshold. If I remember correctly, they ask you VERY early in the process. From what I've been reading, they will accept an EIN for tax purposes as well, so I'm thinking if you apply for an EIN under your legal name it will be all good as your business name is connected to the actual EIN number.

Re: Etsy Payments end of stealth ?
 

But I'm sure the email says you have to switch from DC to 'Etsy Payments', so I dont know if people using DC will still have to add their bank account to the new system..

Re: Etsy Payments end of stealth ?
 

The problem is how to verify the identity with DC ( etsy payments) for stealth made up names accounts they will ask for a SSN id and crap like that. How actually make it work ?

Re: Etsy Payments end of stealth ?
 

log in to the account which has DC and it go to dashboard and you will see the message that you don't need to do anything

Re: Etsy Payments end of stealth ?
 

Yeah, I was making that statement assuming there was a workaround. Is it possible at all to use a different name for the bank account than the one used for Etsy?

Re: Etsy Payments end of stealth ?
 

Yes, when it asks for your bank info you put your real info in so real new bank account then when it asks for your details you put in your stealth details and stealth address. I dont think etsy can actually see your bank info. You will usually get a message straight away saying they cant confirm your identity which is when you need to provide an ID that has your stealth details on it.

UK is a lot easier as we don't need to provide SSN but I'm sure there are ways around this.

Re: Etsy Payments end of stealth ?
 

Because we want buyers to have a consistent experience when they check out on Etsy, we're requiring that all sellers in eligible countries set up Etsy Payments by May 17, 2017. If you don't set up Etsy Payments, your selling privileges will be suspended on May 18.

Looks like Paypal stealth is still the way to go here. Etsy doesn't have a transmitter license so the DC/Etsy Payments are still the same thing in terms of what they see vs what they don't. They are just forcing it on everyone now vs letting stores with just Paypal in the US from before 2015 to keep it.

I'm not overly concerned as it's not anything too crazy except if you have stand-alone paypal in the US(and a few other places) you're losing it.

Re: Etsy Payments end of stealth ?
 

I assumed the UK et.sy guys here wouldn't be affected if they are already on DC. Is this being rolled out across all the US accounts too now?

Re: Etsy Payments end of stealth ?
 

Yeah it says if you already have DC you dont need to do anything else and you will automatically be switched over in May so thats a relief.

I didnt even know it was still possible to open up an etsy with just PayPal? Ive never been given that option.

Re: Etsy Payments end of stealth ?
 

Hi Guys! The biggest poblem is that Etsy need your scanned ID card for the verification.. I just tried their new Etsy Payments option and filled out everything ( bank account infos, personal infos etc..) and after that the next step is: verify your identity ... upload your scanned ID card or driving lesson, passport.. :(

So.. if you were banned with your real name and address you can't make this Etsy Payment setup :(

Re: Etsy Payments end of stealth ?
 

They have always done this.. If your real billing address doesn't match your stealth address then of course they cant verify you. So you need to upload an ID that matches your stealth details :) We all have to do this and its easily done.

Re: Etsy Payments end of stealth ?
 

Hi

I have an etsy stealth for years but no DC, only standalone paypal, now that they are asking for the bank and info to verify id...what can i do?

How were you able to get away with setting up your real bank account with stealth info?

Re: Etsy Payments end of stealth ?
 

yes that's a huge issue right now with the size of a fu##ing house at least for me. Lets find the solution

Re: Etsy Payments end of stealth ?
 

ebaysuck

Yes how can we find a solution

Re: Etsy Payments end of stealth ?
 

Maybe someone here will offer anything

Re: Etsy Payments end of stealth ?
 

I'm working on something right now with the help of someone. I'm stuck on a certain part but as soon as they respond and assuming it works, I will pass their info via pm.

Re: Etsy Payments end of stealth ?
 

Provide your info or make new stores. This isn't the end for a lot of people, you just gotta do a few steps and you'll be fine.

Re: Etsy Payments end of stealth ?
 

Its illegal to open a bank account in someone elses name so your only option is opening a bank in your own name or using someone elses bank with their permission. Etsy don't look at your bank details, they have a system that checks if the billing address related to the bank account links with the address you provide them and when it doesn't they ask you to verify your details with an ID. Which you then provide them.

But yeah in the UK they ask you for the name on your bank account in which you have to add the real name on your real bank account, your bank account number and your sort code. So obviously this has to be a new bank account that isn't linked to a suspended etsy. But they cant see the name on your bank account. I dont know how different it is for US stealth accounts though.

Re: Etsy Payments end of stealth ?
 

I've had my stealth setup for 2+ years using my real business EIN and a variation of my name for my bank account. Let's just say it matches my first and middle initial and real last name. I haven't had any issues yet ***crosses fingers***

Re: Etsy Payments end of stealth ?
 

You should be fine.

Re: Etsy Payments end of stealth ?
 

Be careful. Those guys might sell you false hope.

Re: Etsy Payments end of stealth ?
 

Umm, no. I am a testament that it works. I've been here a while and have purchased a few things here, Ebay Stealth included.

Re: Etsy Payments end of stealth ?
 

I am SO very thankful to find this site, and more importantly this particular thread. I've been on Etsy for about 4 years with an alias. I was kicked off prior to that and managed to get back on using a different name, credit card, paypal email, ip address, etc. Everything was going fine until the email/announcement yesterday about forcing all shops to use the EC. Since PayPal only is no longer an option I was scared outta my boots! I'm going to send a PM to Gladiator and hope I can succeed with getting EC set-up. Fingers crossed for me! Thanks to all who posted - you may have just saved this Mama from a lot of heartache! :) I will keep you posted on my results.

Re: Etsy Payments end of stealth ?
 

what klemantina said is always right, to a certain degree. this is the internet and plenty of weirdos on this forum offering bogus services and then just disappear after being paid.

with that said, as one of the only other prominent Et.sy sellers on this forum, i have spoken back and forth with Gladiator dozens of times. Gladiator and maybe 2 other members on this forum are the only ones who have any clue how Et.sy operates. since this is a very small section of the forum, it isn't very regulated and there is certainly a ton of misinformation from random n00bs that come out of nowhere.

the difference with the EB, PP and AZ parts of this forum is that there are tons of other pros on here who will call your a$$ out if you try to make bogus claims.

Re: Etsy Payments end of stealth ?
 

Have to say I am very curious about this change. Good luck to all you guys in the US.

Gladiator can I ask, is your method something that could apply to UK users or is it exclusively for you guys in the US just like your previous method? PM if you like to keep info off the boards. If its a viable option for me I may look into it for future stealths.

Re: Etsy Payments end of stealth ?
 

they aren't on to anything. they are just trying to make more money and streamline their checkout system. they also want buyers to be able to purchase from multiple sellers and only pay one time. smart idea considering most buyers seem to be absolute morons who can barely even remember what they paid for

Re: Etsy Payments end of stealth ?
 

I just found this email in my spam box and am also one of the people freaking out. . . I use paypal only and I am based in the US. So I guess I will pm gladiator and see if anyone has figured out a way around this yet. :(

Re: Etsy Payments end of stealth ?
 

ah. guess I cant send a pm, it says I am to new lol

Re: Etsy Payments end of stealth ?
 

I messaged you! :)

Re: Etsy Payments end of stealth ?
 

everyone needs to bear in mind that until this is actually implemented, none of us on this forum can guarantee any sort of bypass. only what has been working up to this point. be patient and be weary of any random people you don't know offering services to a system that hasn't even started yet.

Re: Etsy Payments end of stealth ?
 

Reading their forms to the state of NY and recent applied public documents shows what this is. It's not a big change in regards to their system. They want rid of PayPal, simple as that. Unfortunately for them they cannot get licenses or approval to have checkout in hundreds of places, hell some areas don't even have PayPal now, so it's pretty easy to know what to do. Could they change tomorrow? Sure. But they didn't technically change this time.

But you are right everyone should use caution in any situation.

Re: Etsy Payments end of stealth ?
 

In a bit of a jam with this update, as many seem to be. Im just wondering if anyone knows how closely they look at the ID provided... Does everything need to match 100% to the bank info given?

Also, is it possible to change your country of operation on an already active shop?

Any help would be greatly appreciated :)