Home » Opportunities of the Etsy marketplace for Ukrainian sellers

Opportunities of the Etsy marketplace for Ukrainian sellers

Kateryna Vitkovska , a consultant on the Diya.Business portal and an expert on Etsy sales in entrepreneurship support programs in Ukraine, has been running sales on Etsy for 7 years. The CEO of Sibis Club, an agency for creative brands, spoke about the possibilities of the Etsy marketplace for Ukrainian sellers.

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Current status of Etsy for Ukraine

Let’s start with what is happening on Etsy from the point of view of Ukraine. First of all, it should disappoint many, because now, unfortunately, there is no middle east mobile number list  opportunity for Ukrainian sellers to open new shops on Etsy.

As of April 26, 2021, Etsy temporarily (as they said) limited the possibility of opening new stores from countries where their internal payment system does not work. I know for sure that many people did a lot to connect Ukraine to this payment system.

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On Etsy, you can follow site updates . And the countries where the Etsy Payments payment system works are indicated on this page .

Some of the largest banks came to Etsy with an offer to connect this system through them. Ukrposhta is very actively promoting and lobbying for this issue. You may have seen that the Minister of Digital Transformation, Mykhailo Fedorov, together with his team, launched a petition that garnered more than 25,000 signatures. But, unfortunately, Etsy still hasn’t opened the possibility of new registrations for Ukrainian stores.

But those stores that were open until April 26 last year continue to work

The only way to accept payments for Ukrainian stores that were present on the marketplace Tá táscairí bailí sa lá atá inniu Conas a  was PayPal. Before the war, this payment service did not work for accepting payments. Therefore, Ukrainian businesses, craftsmen, sellers on Etsy are forced to use the services of intermediaries who accept payments to their PayPal account, and then transfer them to the accounts of Ukrainian sellers.

By now, you may have also seen this information – PayPal has opened the possibility of accepting payments for Ukraine. But there is such a small nuance. They opened this opportunity only for receiving private transfers . That is, your friends, your relatives somewhere from abroad can  asia phone number transfer money to you via PayPal. But this Ukrainian PayPal account still cannot be used for business. That is, it cannot be connected to your Etsy shop.

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