How to receive payments on Etsy as a seller in South Africa
Etsy is a global marketplace for creatives, offering a platform to sell handmade items, vintage products, and craft supplies to millions of buyers worldwide.
This guide will show you how to receive your Etsy payments as a seller from South Africa, using Grey.
Why selling on Etsy is worth it
Selling on Etsy offers numerous benefits for South African creators and entrepreneurs:
Global reach: Connect with millions of buyers worldwide who value handmade and unique products.
Diverse product categories: Whether it’s traditional South African embroidery, jewellery, or vintage finds, Etsy caters to all kinds of creative products.
Supportive platform: Etsy provides tools and resources to help you grow your shop and reach more customers.
How to receive Etsy payments as a seller in South Africa
Grey offers an easy solution for receiving international payments as a South African Etsy seller. Follow these steps to get started:
1. Open your Grey app
Log in to your Grey account to access international bank accounts in USD, GBP, or EUR.
Choose whether you’re registering as an individual or a business.
Enter your personal information, i.e. name and address.
Add your Grey US, EU, or UK bank account details.
Etsy will process payments to your Grey account, making it easy to manage your earnings.
With your Grey account linked, you can receive Etsy payouts directly into your international bank account.It is important to note that you will have to provide a valid ID and depending on the location you pick, you may have to fill in a valid address, and social security number for your account to be verified.
Why use Grey for Etsy payments?
Grey simplifies the payment process for South African Etsy sellers. Here’s why it’s the best choice:
Access to multiple currencies: Receive payments in USD, GBP, or EUR depending on your buyers’ preferences.
Competitive exchange rates: Maximise your earnings when converting to ZAR.
Secure transactions: Grey’s robust security features ensure your funds are protected.
Hassle-free withdrawals: Transfer your earnings to your local bank account with ease.
Tips for succeeding as a South African seller on Etsy
Optimise your listings: Use high-quality photos and detailed descriptions to make your products stand out.
Offer international shipping: Expand your customer base by providing global shipping options.
Respond quickly: Engage with buyers by answering queries promptly and addressing concerns professionally.
Leverage social media: Promote your products on platforms like Instagram and Pinterest to drive traffic to your Etsy shop.
Simplify Etsy payments with Grey
With Grey, you can stop worrying about receiving payments or converting your earnings from Etsy. Manage your finances seamlessly and focus on growing your creative business.
Sign up for a Grey account today and unlock a world of possibilities for your Etsy shop in South Africa.