Hi everyone,
Here with some good news! We're excited to announce that we’ll be reducing the minimum 3-day deposit hold to just one day! This will apply to shops that have been selling for more than three months on Etsy, regardless of whether they are currently signed up for direct checkout. As long as you've been selling for more than three months on Etsy, you're golden!
What does this mean, you ask? Funds are available for deposit the next business day if the item is shipped. This means quicker access to your funds, and shorter deposit timelines.
Eligibility is based on the date of your first sale on Etsy. To be able to take advantage of the reduction in hold time, your first sale will need to be more than 90 days ago. Shops that don’t meet this requirement will still have the 3 day hold until the specified amount of time has passed from your first sale.
I want you to know that we've loved hearing your suggestions on how we can improve direct checkout. Here in the DC Team, over at Etsy Support, in the Forums, and even a few times when speaking with sellers in person -- you have kept us sharp!
So...what do you all think?
