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Etsy has become a global marketplace for creatives, offering a platform to sell handmade items, vintage products, and craft supplies to millions of buyers worldwide. For Etsy sellers in the Philippines, this presents an exciting opportunity to showcase their unique products and tap into a global audience.

But there’s a major hurdle — navigating payments on Etsy can be a challenge for sellers in the Philippines. This is because Etsy doesn’t currently support direct payments to Filipino bank accounts.

That’s where Grey comes in. This guide will show you how to overcome these challenges and manage your Etsy payments seamlessly using Grey.

Why Filipino sellers should use Etsy

Selling on Etsy offers numerous benefits for Filipino creators and entrepreneurs:

• Global reach: Connect with millions of buyers from around the world who value handmade and unique products.
• Diverse product categories: Whether it’s traditional Filipino 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.

Also read: How to receive payments on Etsy as a seller in Ghana

Step-by-step guide for receiving Etsy payments in the Philippines

Grey provides an easy solution for receiving international payments as a Filipino 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.

2. Link your Grey account to Etsy

• Log into your Etsy seller account.
  To learn how to set up an Etsy account, read How to set up an Etsy account for beginners
• Choose how you get paid.

• Select your bank’s country.

• 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, depending on your preference.

• 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.

Also read: How to receive payments on Etsy as a seller in Nigeria

Why use Grey for Etsy payments?

Grey simplifies the payment process for Filipino Etsy sellers. Here’s why it’s the best choice:

• Access to multiple currencies: Receive payments in USD, GBP, or EUR.
• Competitive exchange rates: Maximise your earnings when converting to Philippine peso (PHP).
• 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.

Also read: How to withdraw to your local bank account on Grey

Tips for succeeding as an Etsy seller in the Philippines

• 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.

Also read: How to receive payments on Etsy as a seller in South Africa

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 the Philippines.

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