How to receive USD payments on Etsy as a seller in Hungary

Olayoyin Olorunmota

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Etsy is a global marketplace for creative entrepreneurs, offering a platform to sell unique handcrafted items, vintage goods, and craft supplies. As a global marketplace, it presents an opportunity for Hungarian sellers to connect with millions of buyers worldwide.

This guide will show you how to receive Etsy payments seamlessly using Grey.

Why Hungarian sellers should use Etsy

Etsy is a favourite among buyers and sellers for several reasons:

  • Global reach: You can reach millions of buyers worldwide who value handmade and vintage products.
  • Diverse product categories: Etsy caters to nearly every creative niche.
  • Supportive community: Etsy fosters a network of sellers and buyers who appreciate craftsmanship and creativity.

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

How to receive payments on Etsy using Grey in Hungary

Grey provides an easy solution for receiving international payments as a Hungarian Etsy seller. Follow these steps to get started:

1. Open your Grey app

Log in to your Grey account or create one to access your international USD bank account.

2. Link your Grey account to Etsy

  • 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's important to note that you will have to provide a valid ID and depending on the location you pick, 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 Denmark

Why use Grey for Etsy payments?

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

  • Competitive exchange rates: Maximise your earnings when converting to Hungarian forint  (HUF).
  • 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 a Hungarian 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 apps like Instagram and Pinterest to drive traffic to your Etsy shop.

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

Simplify Etsy payments with Grey

With Grey, you can stop worrying about receiving Etsy payouts 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 Hungary.

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