This week Etsy the e-commerce website specialising in handmade or vintage items has announced the launch of their new Etsy credit card reader, and goes in direct competition with the likes of PayPal, Amazon, Square and others.
The Etsy credit card reader combines with an Android or iOS companion smartphone application and allows users to take credit card payments directly from their smartphone or tablet with costs ranging between 3% + 25¢ per sale.
Etsy has designed the new credit card reader to integrate with their updated Etsy seller application allowing small businesses and individuals to sell items in person. Yet allowing the transaction to be captured in their Etsy Shop Stats, with their Etsy online inventory adjusting in real-time. Etsy explains a little more:
“Choose items from your Etsy shop or use the Quick Sale feature and just enter a price. Your total sales will increase either way. There’s no Etsy transaction fee for sales made in person, and no listing fees for Quick Sales. Manual card entry costs 3% + 25¢ per sale. Accept credit cards wherever you sell. We’ll add the funds to your existing Etsy account and offer email receipts to your buyers.”
For more information on the new Etsy credit card reader jump over to the Etsy website via the link below for details and to request free reader. Unfortunately the service is only available to sellers based in the US at the current time, but at Etsy is planning to roll it out further afield very soon.
Source: Etsy