Etsy announces its new scheme of choosing PayPal for its direct checkout payment option. This announcement doesn’t seem to be a big issue as many marketplaces like Etsy already accepts payment option like PayPal.
This PayPal option provides a modest way of payment experience to both buyers and sellers, where this payment option will be the same like Credit card payment for the sellers.
If sellers can accept only PayPal option or if they accept both Direct and PayPal option, they can able to upgrade to new version of the direct payment with PayPal integration.
Etsy launched its direct checkout option in the year 2012 that enable merchants to accept payments through credit cards, without having the need of making online payments and create a merchant credit card account. At some point it is considered that Etsy has totally excluded PayPal.
Direct checkout has some merits that provide the facility to merchants to accept Etsy gift certificates, so they can easily manage their payment fee. Sellers who accept only direct payment option can receive orders from buyers who wish to pay through PayPal.
Already PayPal had tied up with eBay, but this latest announcement of PayPal direct checkout in Etsy suggests its separation from eBay, but these two are still in the tie up sharing the data because of five year operation agreement on behalf of July breakup. The comment section of this announcement shows people’s willingness to go with this payment option.