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Earlier quoted context omitted.
"The accused shall enjoy the right … to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him …"
Good thing Etsy isn't a government then.
Right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must.
"The BBC understands that a representative of Etsy has met with UK government officials."
This is the problem with all these middlemen platforms. If you base your business around them you are at their mercy.
I agree with you but also feel there should be enough competition in these services that a vendor can switch without undue cost if they feel wronged. I sort of feel as if we're collectively deluding ourselves about the extent and number of monopolies in our current economy.
I.e.much more screwing possibility than say Shopify or PayPal.
Would Shopify custom shopfronts be the alternative to using Etsy ? Will custom shopfronts be searchable via Google or Pinterest - how do they submit them for indexing ?
Recently lost amazon due to hoop jumping lockout, sales down on a certain product 80% but that's better than losing 100%. My main complaint is amazon won't let you sell your product cheaper on your own website.
Earlier quoted context omitted.
No. The security in fraud protection (or any detective control) is in the thresholds and triggers being activated and protecting the system. Protecting the values of those controls is common sense. This is on a need-to-know basis. Users don't need to know. If you advertise that your system will permit 9,999 transactions per minute, then every client will calibrate to max out at 9,999, malicious or not. Then, you adju…
What fraud? The dictionary says: "wrongful or criminal deception intended to result in financial or personal gain." Accusing people of fraud for personal gain seems like fraud to me. If it is beneficial for you to not disclose how the fraud works it seems we are talking about both deception and a false accusation - for personal gain? aka fraud?
You can't have it both ways! It seems to me like Etsy's silence is the opposite of an accusation, and whatever investigation they're doing, they don't want these sellers to flip out any more than necessary!
Also, these sound like reasons to me:
> Etsy's payment policy states the reasons for putting money on hold include a sudden increase in sales, a shop having only made its first sale recently, the shop committing a "policy violation" or "other risk factors".
Etsy's interest in fraud prevention goes to their reputation as a marketplace, and their relationship with legitimate sellers, buyers, and their payment processor, and any other third-party services in the loop. If Etsy doesn't accurately detect, investigate, and prevent fraud, then their bank and payment processors will ban Etsy for fraud, and I think that would really suck for 100% of sellers!
It is not easy for Etsy to bank-switch. They can't just POKE a register.
Also, some of those reasons aren't necessarily fraud, just indicators. It's a "Yield" sign to slow things down until they can check it out. I mean, do you realize the scale of this platform?
Personal gain, my foot.
Adyen provides payment services for Etsy, and it is highly likely that Adyen charges for storing the deposit.
Adyen is a Dutch bank of some sort. PayPal, however, is definitely not a bank, and so the rules around their storage of funds are more obscure.
This is the problem with all these middlemen platforms. If you base your business around them you are at their mercy.
Running your own storefront online is a huge undertaking, even more so if you want to accept international orders. Processing payments securely while also properly accounting for things like taxes, customs, and other laws is a huge undertaking.
This is just not something that would be realistic for most of the people on sites like Etsy to implement properly.
Earlier quoted context omitted.
Good thing Etsy isn't a government then.
It's an entity with significant power over your life, which is the meaningful factor.
If Etsy steals actually steals money from you sue them into oblivion but not disbursing money until the check clears is not some evil thing. The fact that they're willing to take the risk for sellers with good reputation is a kindness not a given. If you're more sure than Etsy is about not getting a chargeback then put it on your standby line of credit and pay it back when the money comes.