Theres nothing worse than seeing the perfect clothing on your home page, only to realize its too small for you. Apple pay for example is just 2 button clicks and a face ID away from a purchase, compared to entering multiple login details and card details. It is intelligent software that can help you list items across platforms easily. Most sellers get excited when they see the Depop selling fees are just 10%, regardless of how much the item sells for. As you use Depop, the app understands what you like and curates your My DNA and Explore pages. Therefore, taking commission is how these companies make money. LOVE YOU LOTS! Depop fees are pretty straight forward you pay 10% of the sale price (not including shipping) for domestic sales and then you have the PayPal fee which is 2.9% + .30. I decide to make this video in hopes that it will clear up some questions for you. Streetwear. For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. Vintage. Lets face it most online shopping isnt always the most deliberate/thought through process, so any uneccessary friction will result in buyers leaving. Cookie Notice Heres what you need to do to list on the app: - Write an accurate item description (learn more about how to write a description below). Many poshers out there are clamoring for such an invitation. I hope you love this video and it helps you lots. Very upsetting. Solved: Depop pending payment - PayPal Community On Poshmark, Ive gotten a lot more negotiations. Whatever your style. But theres a good chance you can find those items on Poshmark, too, so its an ideal first stop. Depending on which methods your seller accepts, you can check out using either of these options. It must've been cuz I mentioned the BBB.. PayPal also sometimes withholds your funds if you havent made a sale in a while. It will take longer for your money to reach your bank account with depop payments. Its free to list your items in your shop and youll only be charged once an item is sold. Payment Depot Vs. PayPal: Best Payment Processor For Business Ill go in-depth into how to sell and buy through each company, whether youre using the website or the mobile app. Payment Depot credit card processing works for mobile, terminal, ecommerce, and POS transactions. Here well break down how shipping works in the UK and the US. - Youll need a phone number and an email address - its important that you enter a real email address, because this is how well send you notifications and other communications. Paying for shipping labels depop payments vs paypal I haven't sold on Depop in a bit so I wanted to ask with all the new updates if you're able to use the money from a sale to pay for the shipping label. Paypal is popular but not everyone wants to go through them, you still have to log in and if you do not have a paypal account you need to get your card out and fill out a form, sometimes you may even be required to signup for paypal which a few buyers may not want to do. You made the transaction outside of the platform. When you receive a dispute, always resolve it with the buyer before involving Depop. The email was actually from depop so I think it is real, they also messaged me on the app to say the same thing. As a seller, will Depop payments really be better than using PayPal? Do you know where to find money that is pending before being put into your account? I read the FAQ on shipping with Depop and while it explains the cost deductions, I'm still unsure if we have access to the label cost that the buyer paid or if I would have to pay for the label out of pocket and then receive the full payment. Vintage. DEPOP PAYMENTS ONLY. How does Depop work? - Depop Blog It seems like buyers prefer to haggle more on Poshmark. We walk you through how to ship on your own step-by-step in the next article. The introduction of depop payments is not surprising as a large marketplace cannot rely on an external payment service like paypal forever, many popular marketplaces handle their own payment processing or are at least more involved in the process. 4. We offer both PayPal and Depop Payments to give our users more flexibility while buying and selling on Depop. Depop Payments: More ways to get paid - Depop Blog For a business to succeed, having a fully equipped and knowledgeable seller is a must. Join. A good description outline of your item is what sets a buyer's expectations, and it matters that they get what they expected when they placed their order. Instead, they have to DM you directly. You are viewing the PayPal Community Archives. Hi guys! Of course, the more satisfied your buyer is, and the better experience they get from your shop means more returning buyers in the future. Select the payment you want to refund and click Issue a refund. Ready to get started and try it for yourself? 233. Heres how you will add Depop payments to your account. For example, if you are in the US, the standard Paypal fee is around 3.49% + $0.49. Founded on the tenets of social commerce, Depop is a P2P eCommerce platform. For those who are already on our newsletter list (wait, you arent? It is finally here! Once youve got some items ready, its time to list them. My depop payments is also suspended in limbo for the past week or so. 3. Scroll down and tap Edit My DNA to add the styles, brands and sizes you want to see. You don't have to worry about getting paid after shipping the item or ensuring it's delivered. Tap Continue to review the details, then click on Confirm refund. Once you've sent a refund, you can't cancel it. Think of it like browsing a thrift store from the comfort of your own home. Sellers set their shipping on Depop, which means you might find some that offer free shipping. Depop will send you an email with a link where you can sign up.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[728,90],'fulfilledmerchant_com-medrectangle-3','ezslot_3',119,'0','0'])};__ez_fad_position('div-gpt-ad-fulfilledmerchant_com-medrectangle-3-0'); You will be redirected to the Depop app if you have it downloaded. Answer (1 of 3): No, it is not possible to use Depop without a PayPal account. You can buy clothes for men, women, and kids on Poshmark. Here youll find a curated selection of items we think youll love. In any business, including online selling, creating a seamless and good buyer experience is an essential part. To get your payments released sooner, use trackable delivery with any of our approved delivery companies and enter the tracking details on your Activities page. NO PAYPAL. Aside from dodging copyright issues, posting the actual photos of your item also help set your buyers' expectation. Its better to curate your collections to ensure youre delivering what each group will want to buy. Heroine is a trademark of Grailed, Inc. eBay is a trademark of eBay, Inc. Facebook is a trademark of Facebook, Inc. Facebook Marketplace is a trademark of Facebook, Inc. OneShop is not endorsed, certified, or affiliated by List Perfectly, Vendoo, mercariBOT, ResellKit, SellerInsight, PrimeLister, Cross List It, Hammoq, ListingJoy, Crosslist, Poshmark, Tradesy, Mercari, Depop, Grailed, Facebook Marketplace, eBay, Kidizen, or Etsy. Work-flow can help the Cash-Flow. When you buy online, youre supporting people instead of companies with poor working conditions. This tactic can be a great way to maximize sales by interacting with potential customers. If youre selling an item on Poshmark for more than $15, the company takes a 20% commission fee. If youre looking for those types of things, youre better off shopping on eBay, which is more like a general online thrift store. Etsy vs Depop: How Much Can You Earn If you can, try to settle the issue with the buyer first to prevent an issue from being raised with PayPal. If you want to keep them for later on, you can like or save them. For American sellers, they take an additional 2.9% fee plus $0.30. You have to wait with Poshmark, but you wont pay fees to access your own money. While it is still new and people may run into hiccups, the most positive part of the new Depop payments is the lesser fees. You must also include a return address if your item is requested to be sent back to you. But not many people make the effort to DM; they just want to browse and buy with little interaction, which is the whole point of the platform! Just as with listing items, its worth knowing what youre going to get on each platform. I sold an item and then got an email from depop to say my PayPal wasn't verified, I've followed the links and updated my card etc but haven't received confirmation that it's now verified. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Depop payments is required for eligible sellers however you can still use paypal! Your Depop and Paypal Payment Issues Solved - Fulfilled Merchant Rather than shipping with Depop, choose to ship the item yourself and buy discounted postage. When you want to cash out, Depop pays through your PayPal account or Stripe. Feb-22-2020 01:57 AM. Tap Checkout, then review your shipping address to make sure its correct. 3. If you sell something less than $15 on Poshmark, they take a $2.95 fee. After this, Depop will mediate a resolution between yourself and the buyer. Has it gotten fixed for you yet? List Perfectly is a trademark of ListPerfectly, Inc. Vendoo is a trademark of Vendoo, Inc. Poshmark is a trademark of Poshmark, Inc. Mercari is a trademark of Mercari, Inc. Tradesy is a trademark of Tradesy, Inc. Depop is a trademark of Depop Ltd. Etsy is a trademark of Etsy, Inc. Kidizen is a trademark of Kidizen, Inc. Grailed is a trademark of Grailed, Inc. This is a place to explore unique fashion and be part of a community-driven zeitgeist thats shaping culture for the better. You can set filters to certain sizes, categories, conditions, colors, brands, and, of course, prices. This site is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. You can issue a full or partial refund within 180 days of the original payment date. Whether you started selling recently or a long time ago, the, Read More Best Poshmark Pricing and Selling Fees GuideContinue, Over $10,000 in prizes available! You will click on Get started. How do I issue a refund? - PayPal One of the easiest ways to save on costs is by saving on your shipping cost. For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. Ensure that the item is well lit and the details are clearly captured. In this post, well cover what Depop payments is, what sellers can expect from Depop Payments, how to sign up and how to set up Depop payments. Lets compare the two fees based on the sales price. Buyers canbrowse the app, search for specific items and find your shop. The Simple Guide to Depop Shipping your Sales - OneShop the payment will typically be available to you within 21 days after receipt (the funds may not be released until later in the day). You might feel like youre getting a deal on clothes, but dont forget shipping costs. Thank you so much for watching! Since depop is commonly used via a mobile app the addition of mobile payment options like Apple Pay is going to be very good for business. Theres no harm in listing the same items on both sites. Once you sign up to use the platform, you can start uploading items to your shop. It pays to know that you should ensure that you and your buyer can keep track of the status so they would know when to expect their order or if there will be a delay in the delivery. EVERYTHING YOU NEED TO KNOW ABOUT DEPOP AND PAYPAL FEES || WHAT IS DEPOP LIMITED 31,331 views Oct 9, 2020 989 Dislike Share Save Stephanie Vargas 4.11K subscribers Hey my sweets!! Depop vs Poshmark: Clear & Quick Comparison | Easyship Blog Once a buyer purchases from you via Depop Payments the money goes straight to your balance, which you can see in the Payments section of your Selling Hub in app. A major plus for Depop payments is that you get the money as soon as your item sells. All UK sellers will need to sign up by 8th December 2021 to continue listing. You have a home feed that shows you items similar to what youve previously liked or bought. Depop Payments vs Paypal : r/Depop - reddit Depop is like that hip thrift store in your city. You can do so on the app, or depop.com. OneShop is a financial technology company, not a bank. It's a new feature which is required for selling now, but you can put a disclaimer that you prefer PayPal in your listings/bio. That way, the payment should come through as normal once this action is completed. i have $97 in there. Shipping is a crucial part of finalizing your sale. Depop shipping: Arrange your own, and set your own shipping rate, or Ship With Depop for a prepaid USPS shipping label between $3.50 and $14. Arranging a return is easy. Lets go over it. Simply head in-app, go to the Selling hub and tap the banner. As a seller, will Depop payments really be better than using PayPal? In my experience, Ive gotten more sales through Depop just because people buy what they want and thats it. Also, there's a PayPal transaction fee of 2.9% + $0.30 in the USA and 2.9% + 0.30 in the UK. However, these offers arent always something you want. Depop, on the other hand, takes 10% on everything sold. You should: One of the most valuable characteristics of a trustworthy seller is being honest. I'm not sure if depop only send the money once the buyer has received their item. Scan this QR code to download the app now. The page looks cluttered because the company sorts listings into parties and showrooms. This is a great feature for sellers because they get extra eyes on their items. 2. If you sell it for $15 or more, then Poshmark takes 20% commission. Find it on Depop. You can even find bags, purses, make-up, and other accessories on Poshmark. Reworked items - upcycled, handmade and repaired items are all great. Since that time, Poshmark has even branched out into non-clothing and accessory items to include products for pets as well as home items. When you're selling an item on Depop, the seller is always responsible for shipping to a buyer. The price of an item is another factor that dramatically affects your potential buyer's purchase decision. It can also handle contactless pay, a feature PayPal lacks. In this post, we'll cover what Depop payments is, what sellers can expect from Depop Payments, how to sign up and how to set up Depop payments. When you sell an item, Depop will automatically charge the 10% fee on the total transaction amount (including shipping costs). You can learn more about how Depop fees work in our help centre article. Poshmark is a trademark of Poshmark, Inc. Reseller Assistant is not endorsed, affiliated or certified by Poshmark Inc. Best Poshmark Pricing and Selling Fees Guide, Reseller Assistants Black Friday Event 2020, How to Increase Poshmark Sales (Ultimate Guide 2022), How To Host a Poshmark Party: A Step-By-Step Guide. Some sellers offer discounted shipping if you order more than one item from their shop. Its a new feature which is required for selling now, but you can put a disclaimer that you prefer PayPal in your listings/bio. They later expanded into childrens and mens clothes. Remember to hit the Like button on any items you love, too - not only will this bookmark them in your likes, itll also help the app learn more about what kind of items youre interested in seeing. Can you use Depop without PayPal? - Quora You fail to respond to Depop's emails within the timeframe. If branching out does not seem like something you want to do at the moment then youll need to accept the new system and set up depop payments. Before posting and pricing your items, you must also consider other Depop selling fees and PayPal transaction costs. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'fulfilledmerchant_com-banner-1','ezslot_15',125,'0','0'])};__ez_fad_position('div-gpt-ad-fulfilledmerchant_com-banner-1-0'); You will need a shipping scale and a measuring tape but theyre inexpensive and you will save money in the long run. When a buyer has made a purchase, the seller then receives payment and must ship the item to their buyer. To copy one of your existing listings, tap the copy icon at the top right of the listing screen and select the listing you want to copy. Let us know in the comments if you have tried Depop or any other platforms as well as Poshmark! That's a big change from instant isn't it ? You will need to have a valid PayPal account linked to your Depop account in order to buy or sell items . Each site takes a different commission and has ways of promoting your items. But if you cannot establish a resolution between you and the buyer, you will have to resolve the issue by directly dealing with PayPal and providing them with proof to help your case. Now you have the know-how on how selling at Depop works, and youre ready to get listing and start selling for yourself. link to Yes, USPS Regional Boxes Are Discontinued, link to How To Pack & Ship An Xbox (With Pictures). Explore is a great place to start looking for unique fashion on Depop. 26 days ago. Only you should NEVER send an item before the funds are showing in your paypal account balance. It simply means that in a $100 item sold, $10 goes to Depop. You can use a crosslisting app here to automatically list from depop to other marketplaces like vinted, ebay, poshmark and more! So what do you need to know as a buyer and seller on Depop? Why don't you give this a go for me by following these steps? But, take note that not all buyers are the same. Super fkn cute Japanese gyaru brand D.I.A low rise pleated black miniskirt with the coolest gold chain and zipper details. That covers everything you need to know about how Depop works. Designer. While one sale may not make too much of a difference, the fees can add up if you sell regularly. Each PayPal transaction currently costs 3.49% + $0.49. Press J to jump to the feed. It will show up on your bank statement when the seller fees are debited from your account. Its flat-out fun to browse on this app, and youll most likely find at least one item you cant live without. Designer. Both platforms have search bars so you can enter terms and find exactly what youre looking for. As the platform grew to 26 million users, it expanded to a resale platform. Aside from checking the prices of the same item in the market to get a reference, you can price your listing correctly by matching its price to its condition. Or maybe you want to have a look around and see whats trending first? Price is high and FIRM as I dont mind keeping might take down later I am dealing with the same thing $116 stuck in my Depop Balance with no estimated payout date. Review the information and click Issue Refund. Fees on Depop are very straightforward. Although there isnt much of a difference regardless of how your buyers decide to pay, the fee may be slightly cheaper depending on where you are located, so you would have to check what the paypal fees for your country are and compare. Within this blog post, we break down exactly how Depop works: covering who we are, and how buying, selling and shipping on Depop work. You dont need to select buyer or seller when you set up - every user is able to do both from the moment theyve registered. Sold through Depop Payments If the item was sold and paid using Depop Payments, you could settle any issues with your transaction through Depop. Streetwear. You will also be charged a standard transaction fee by either of PayPal or Depop Payments of around 2.9% + /0.30. One of the practical tricks to do this is by cross-listing. Learning about both Poshmark and Depop will help you understand each site. Its hard to choose a winner when it comes to payment with Depop vs Poshmark. Buying and selling clothes online reduces the amount of clothing going into landfills. I one hundred percent agree and hate Depop payments because of the withholding process. Go to www.paypal.com/uk and log in to your account. You will also be charged for the Paypal fee which is 2.9% + $0.30 in the USA plus the applicable shipping fee. Aside from making your item appear on buyer searches accurately, a clear and complete description is what helps push your buyer to finalize their purchase decision. When you first open Poshmark, you might not enjoy browsing. Choices like this keep the circular economy going its kinder to people and the planet. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Youll benefit from taking better pictures, having a title that shares a lot of information, and a competitive listing price. Heres our easy guide to the ins and outs of selling on Depop. How you do this varies by where youre located. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. If you have added and confirmed a card then you should be verified. Poshmark offers sellers tools to help your listings reach the right audience. !SHOP VENUA PRINTS : https://www.venuaphotography.com/AMAZON STORE FRONT https://www.amazon.com/shop/vargassssss_?isVisitor=truePlease don't forget to LIKE , COMMENT AND SUBSCRIBE !! Ive sold on both and also browse the two to buy stuff so I can show you the ins and outs of what works. On this blog, we will share some tips on how you can avoid disputes in your Depop listing, which may result in buyer return requests, and how you can also process a refund for them. Whatever your style. Here's how to refund a payment: Go to your Activity. The fee will be taken from your connected PayPal account or the card you are using on your Depop account. Do thorough research on your item if you are unsure of its authenticity. Physical stores make money when people buy their products. Select your Payment Type. Interested in selling on Depop? When youre considering Depop vs Poshmark, look at your items with a critical eye. Its not a bad way to do it, because you wont get notices about offers; the potential customer has to interact with you. But what about getting your hands on the money youve earned? Read on and learn how to save your Depop listing and your earnings. Always ensure that your item is authentic before claiming that it is. Or view our blog on making money at Depop for broader tips and information. While some use stock photos, it is always a good practice to use yours. Depop Payments will empower sellers to increase their chances of selling by giving buyers more ways to pay. Its easy to list items on both Poshmark and Depop. PayPal has merchant fees that youll incur, further cutting into your profits. While you can do many things to avoid receiving a buyer return request from your sold items, here are some of the key points that you should remember when listing on Depop. Strictly keep all your transactions in-app while using Depop Payments. However, pricing your item right doesn't mean that you should compromise your earnings. I also like to use filters so I see only what items will fit me. Depop Your item is listed on Depop's prohibited items list. After you make money selling items on Poshmark, you can keep the money in the app and use it to shop for yourself. Find it on Depop. Depop Payments - Ultimate Guide - SellerAider By browsing this website, you consent to the use of cookies. Many customers might make a cheap offer just to see what they can get. Preloved. Poshmark has an option for people to make offers for your items, similar to bidding on eBay. The chains have DIA charms on them But there are still some benefits to choosing one platform over the other. You know what theyre going to take, so you can price your items accordingly. If you were hoping for a large reduction in fees as a result we are sorry to dissapoint you! Now that you have equipped yourself with the tips on avoiding receiving return requests and processing a refund for your buyers, you can now focus on growing your business and boosting your sales. If you love shopping at thrift stores, youll love browsing Poshmark and Depop online. Offering free shipping is a plus, too, if you want to sell your item faster. I miss those simple PayPal instant payments I can't trust Depop withholding money for an uncertain amount of time. Depop will then conduct an evaluation to see whether your item is significantly not as described. I'm not sure if that's still applicable or if paypal was just weird and would allow that. I miss those simple PayPal instant payments I cant trust Depop withholding money for an uncertain amount of time. Etsy vs Depop: Which One is Right for You? - Bump DEPOP PAYMENTS ONLY. There are different marketplaces on the internet nowadays. 2019-2023 All rights reserved. Depop has unique, vintage, and rare clothes like youd find at a cool thrift store. yea i prefer PayPal because depop payments still hasn't paid out to my credit card & i made my first sale january 8th . W for me today after 10 incompetent depop support representatives finally got someone to review my account suspension. Both offer different things so its up to your personal preference. Here are a few to start: 1. Before you price an item, you can guarantee that Poshmark takes $2.95 of the profit. This charge will be taken directly from your PayPal account or the card you are using for payments before the remainder of . - Next youll choose your username and a strong password, to keep your account safe. Depop started out using paypal to process virtually all transactions, so every sale you made would be sent instantly into your paypal account. However, you have to look more into what youll actually make from Depop. and our You should do this within the allocated time frame to show that you are an honest and responsible seller. While the framework of both sites is similar, you may wonder which is better in terms of Depop vs Poshmark. Both sites charge more for shipping internationally, but domestic purchases usually have a flat shipping rate. Your shops page should now have a red banner where you will be able to enter your bank details. Your sales will now be deposited in your bank account rather than you having to go through paypal. This is really simple and only takes a few minutes. How Does Depop Shipping Work - 2023 Guide - Ship Gadgets First, it qualifies you to Depop seller protection. This cut is a lot smaller than Poshmark, whether youre looking at the 20% commission or the $2.95 flat fee. But if youre trying to browse, you might feel overwhelmed with this visual. When it comes to shopping ease, Depop is the clear winner. Then, youll be able to plan ahead and come up with a fair price for every item you list in your closet. - 30M+ registered users in over 150 countries, - 32M+ items are available for sale on Depop, - $1 Billion made by the Depop community to date. welcome to another Depop video!! Here is the Depop fee breakdown: DEPOP FEE BREAKDOWN The Depop fees are 10% + Paypal fees Paypal fees are 2.9% + $0.30 per transaction (US) For more information on making the seller process smooth for your buyers, visitour top customer service tips article. PayPal features and capabilities Like Payment Depot, PayPal can handle a variety of transactions, both in person and online. Super fkn cute Japanese gyaru brand D.I.A low rise pleated black miniskirt with the coolest gold chain and zipper details. If you're looking to ship using USPS Regional boxes, you will no longer have the option to send them at Regional Rates. Its easy to sign up for Depop Payments. The way Depop works is simple.