Posted on 03/11/2023 11:11:46 AM PST by EBH
Etsy is warning sellers that the collapse of Silicon Valley Bank on Friday is causing delays in processing payments, according to an email from the company shared with NBC News.
The online do-it-yourself goods mega shop said it used SVB to facilitate disbursement to some sellers, and that it was working with other payment partners to issue deposits.
"We wanted to let you know that there is a delay with your deposit that was scheduled for today," the email from Etsy said.
"We know that you count on us to help run your business and we understand how important it is for you to receive your funds when you need them," the email continued. "Please know that our teams are working hard to resolve this issue and send you your funds as quickly as possible."
Etsy did not immediately respond to a request for comment.
Etsy claims 7.5 million sellers worldwide.
(Excerpt) Read more at msn.com ...
(Silicon Valley Bank)
Roku has 487 million dollars tied up there
Yeah
One day, a brick of ammo might very well be worth more than a brick of gold.
Die Etsy, die! Woke trash. I loathe them. 1. They continually shove their woke agenda down the throats of sellers. 2. They are very seller unfriendly. They use their superior SEO to drive buyers to competing products when they search for your company on their platform.
Die Etsy, die!
I remember that. There was more. They are woke trash.
Same reason I no longer eat at Chick-fil-A if I can avoid it
Gaetz has said that a major push for taxpayer bailouts of this tech bank will start Monday. They will use the security excuse to rob the American people once again.
He said he will stand against it, but he cannot do it alone.
“Etsy is warning sellers” and other fools still using Etsy that payments will be difficult.
So what is the plan, buy real estate?
I own quite a lot of stock in that of different variations. I’m good.
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