Its a win-win. Thats a huge community, so if youre looking for the perfect item, you have a great chance of finding it. Now that Depop partnered with Stripe, which is PayPals competitor, it opens more options for both sellers and buyers. I miss those simple PayPal instant payments I can't trust Depop withholding money for an uncertain amount of time. Thank you so much for watching! Here is how joining Depop works, step by step. The names List Perfectly, Vendoo, Crosslist, Poshmark, Tradesy, Mercari, Depop, Grailed, Facebook Marketplace, eBay, Kidizen, and Etsy, as well as related names, marks, emblems and images are registered trademarks of their respective owners. Depop doesnt promote items as Poshmark does. In any business, including online selling, creating a seamless and good buyer experience is an essential part. 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. Depop transfer to PayPal - PayPal Community Simply head in-app, go to the Selling hub and tap the banner. Tap Buy, then the shopping bag icon in the top right corner. When you buy online, youre supporting people instead of companies with poor working conditions. 98. r/Depop. Choose the transaction you'd like to refund, then tap Refund, For a full refund, select the Full refund tab. They allow users to shop through their website or mobile app. Your shops page should now have a red banner where you will be able to enter your bank details. Paying for shipping labels depop payments vs paypal : r/Depop Aside from claiming that an item is authentic when it's not, Depop's guidelines prohibit selling fake or counterfeit items. Preloved. Avoid disputes on your items and get your Depop account in trouble. Were introducing Depop Payments a new payment method powered by Stripe Connect to make it easier to buy and sell on Depop. Any growing business will come with big changes, for depop this change is being made in how it handles its transactions with the introduction of depop payments. However, you have to look more into what youll actually make from Depop. Once youve got some items ready, its time to list them. The item is significantly not as described (Incorrect sizes, colors, counterfeit, has severe damage, significant wear or flaws, incorrect item/s, missing items in bundles). - Next youll choose your username and a strong password, to keep your account safe. Shipping is a crucial part of finalizing your sale. Select your Payment Type. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. and you should because it increases your options. If youre selling an item on Poshmark for more than $15, the company takes a 20% commission fee. Messaging sellers and shipping vary depending on if youre using Depop vs Poshmark. While it is still new and people may run into hiccups, the most positive part of the new Depop payments is the lesser fees. Your sales will now be deposited in your bank account rather than you having to go through paypal. Be on top of this by keeping an eye on your email for any letter coming from PayPal. Sellers list unique clothes, usually vintage but still trendy. and our It started as a social network, like an innovative magazine. This might seem like a hefty fee if youre selling something for $5, but knowing this set fee can help you in the long run. In addition to this, you can decide on a reasonable price but let your buyers know that you accept offers. Depop is integrated with PayPal, which means that all payments made on the platform are processed through PayPal. Interested in selling on Depop? Reddit and its partners use cookies and similar technologies to provide you with a better experience. If youre looking for those types of things, youre better off shopping on eBay, which is more like a general online thrift store. All you have to do is ask your buyer to return the item with tracked shipping. Depending on the buyer's dispute, you may give them a partial or a full refund in your app or with the help of Depop Support. What you should care about as a depop seller is if depop payments will increase your sales! It will show up on your bank statement when the seller fees are debited from your account. You can use Apple Pay, Google Pay, Paypal, credit and debit cards. You must also include a return address if your item is requested to be sent back to you. A 10% Depop fee is charged on the total transaction amount (including shipping costs). Are you sure that email was from paypal and not a spoof? Depop is about celebrating creativity by wearing it. Depop payments is required for eligible sellers however you can still use paypal! If you sell it for $15 or more, then Poshmark takes 20% commission. 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. 2019-2023 All rights reserved. But you'll only be charged for the items that get sold on Depop. Your honesty as a seller can make a huge impact on your business. How much of a fee does Depop take? No action needed well take care of the rest. Or view our blog on making money at Depop for broader tips and information. This tactic can be a great way to maximize sales by interacting with potential customers. Here youll find a curated selection of items we think youll love. Each PayPal transaction currently costs 3.49% + $0.49. You will then be able to confirm it on the next page, enter your name, and then select Activate Depop Balance to complete the set up. Etsy vs Depop: How Much Can You Earn PayPal features and capabilities Like Payment Depot, PayPal can handle a variety of transactions, both in person and online. DEPOP & DEPOP PAYMENTS SHIPPING VIDEO: https://youtu.be/jKjUcMXcKk. I hope you love this video and it helps you lots. Depop payment fees include 3.4% + 0.30 for all its UK and EU sellers, whereas the US sellers are charged 2.9% + $0.30 on each payment. Depop Payments lets buyers use Apple Pay, Google Pay, credit and debit cards, as well as Paypal to shop on Depop. Verify your information with Paypal (banks, cards, email, etc). Depop Payments: More ways to get paid - Depop Blog Do thorough research on your item if you are unsure of its authenticity. Depop Its better to curate your collections to ensure youre delivering what each group will want to buy. That way, the payment should come through as normal once this action is completed. 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. You can do so on the app, or depop.com. All you have to do is link your Depop, Poshmark, and Mercari accounts to the app. Poshmark vs Mercari: Which is best for Sellers. Our biggest sale of 2020! There are a couple of different ways to browse Depop, whatever youre looking for. Always ensure that your item is authentic before claiming that it is. Improved payment experience 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! 2. Once you sign up to use the platform, you can start uploading items to your shop. I get alot of questions when it comes to depop and paypal fees. Remember that the competition on marketplaces like Depop is tough. 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. You should respond within 24 hours to resolve it quickly before asking for Depop's help should you unsuccessfully find a resolution with the buyer. Designer. If you have added and confirmed a card then you should be verified. Thats all there is to it. 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. Use natural lighting to avoid over-exposur or soft light boxes to find the perfect level of lighting. Do you know where to find money that is pending before being put into your account? I also like to use filters so I see only what items will fit me. When you sell an item, Depop will automatically charge the 10% fee on the total transaction amount (including shipping costs). But they might integrate the price of shipping into the item itself. It can also handle contactless pay, a feature PayPal lacks. While some use stock photos, it is always a good practice to use yours. Answer (1 of 3): No, it is not possible to use Depop without a PayPal account. Both are straightforward and simple to do. DEPOP PAYMENTS ONLY. When it comes to the types of fashion listed, theres no clear winner in Depop vs Poshmark. Follow these steps when youre ready to checkout: 1. Choices like this keep the circular economy going its kinder to people and the planet. Youll benefit from taking better pictures, having a title that shares a lot of information, and a competitive listing price. 233. PayPal also sometimes withholds your funds if you havent made a sale in a while. They have to pay Depop for the shipping label, so you might end up with that cost. Poshmark has an option for people to make offers for your items, similar to bidding on eBay. For those who are already on our newsletter list (wait, you arent? Items sold via PayPal follow a different way of solving the dispute. Ensure to ship orders to the address on the Depop receipt. Very upsetting. They dont take money for the shipping label, transaction processing fee, sales tax, or customer support. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'fulfilledmerchant_com-box-4','ezslot_4',124,'0','0'])};__ez_fad_position('div-gpt-ad-fulfilledmerchant_com-box-4-0'); So how much is the savings? Buying on Depop is not complicated. Many Depop sellers do this to reach more audiences, making their chances of coming across the right buyer for their item higher. Its a new feature which is required for selling now, but you can put a disclaimer that you prefer PayPal in your listings/bio. Depop Payments Is Here! What You Need To Know - Fulfilled Merchant Vintage. The standard depop fee remains the same at 10% and they will charge processing/transaction fees, thats it. A sub for discussing all things Depop. As a seller, you will now be able to get the money straight from Depop to your bank account (after a few business days). Whatever your style. Enter your routing (nine numbers) and checking number to complete. Most of the clothes are new and gently used, though some are vintage. NO PAYPAL. One of the practical tricks to do this is by cross-listing. Depop Payments - Ultimate Guide - SellerAider It may be worth investing into an authentication service for higher priced or luxury items. That covers everything you need to know about how Depop works. As of January 22, 2023, USPS Regional Boxes were discontinued. After this, Depop will mediate a resolution between yourself and the buyer. Theres no harm in listing the same items on both sites. 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. Hey my sweets!! Depop is the fashion marketplace app where the next generation comes to discover unique items. The Simple Guide to Depop Shipping your Sales - OneShop Solved: Depop pending payment - PayPal Community Furthermore, the OneShop app gives you access to a helpful and fun community when you sign-up. One of the easiest ways to save on costs is by saving on your shipping cost. Poshmark is the thrift store where people are selling brand name items that you can get for a deal. Press question mark to learn the rest of the keyboard shortcuts. Both sites charge more for shipping internationally, but domestic purchases usually have a flat shipping rate. If you love shopping at thrift stores, youll love browsing Poshmark and Depop online. We offer a 14-day free trial to let you experience the difference of what our app can make. If youre going to shop a lot on either app, its worth saving some filters so youll only see items that fit you. i loved depop payments until a couple of weeks ago when i noticed my balance was far lower than it should be, and when i talked to some other sellers they'd had the same issue!! Before you price an item, you can guarantee that Poshmark takes $2.95 of the profit. Since that time, Poshmark has even branched out into non-clothing and accessory items to include products for pets as well as home items. However, sometimes tiny details get missed, which is understandable as long as you are willing to correct the mistake and make amends. Suppose both parties did not arrive at a resolution. You can like items, comment on listing, and follow certain sellers so you see more of them. Thanks for any help, Thank you. Each site takes a different commission and has ways of promoting your items. Buying and selling clothes online reduces the amount of clothing going into landfills. Poshmark sells contemporary, name-brand clothes at good deals. On Poshmark, Ive gotten a lot more negotiations. Instead, they have to DM you directly. In that case, the buyer will be advised to return the item using tracked postage before you can issue a refund of the full sale price, excluding the shipping fee. Ill go in-depth into how to sell and buy through each company, whether youre using the website or the mobile app. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Not only does it keep your account safe, but it also protects you from disputes and chargebacks. Please note that transaction fees may vary based on your location and PayPal account setup. If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. - 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. Here is the fee table gotten from the depop website: Depop states that you may also be charged an additional 1.29% seller service fee for UK-EU transactions which is worth considering in your fee calculations. Find it on Depop. As a seller, will Depop payments really be better than using PayPal? You might feel like youre getting a deal on clothes, but dont forget shipping costs. 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. Sure, Depop pays out immediately, but they take additional fees so youre not getting as much. Many customers might make a cheap offer just to see what they can get. Again, this might seem steep, but you can do the math before you list an item and get a general idea of your profit. Depop has unique, vintage, and rare clothes like youd find at a cool thrift store. Tap Continue to review the details, then click on Confirm refund. If you find a lot of great things from the same seller, this type of discount can save you a lot in terms of shipping cost. If you are looking for more ways to increase your sales on depop, look no further: Mobile Phone Depop Bot (iOS and Android), You can increase your sales like 2k+ sellers do on depop with a depop automation tool. To access the items youve liked or saved, go to Profile > Likes or Profile > Saved. In other words: the easier it is for people to pay you, the more likely it is that youll get paid. Ive sold on both and also browse the two to buy stuff so I can show you the ins and outs of what works. For sellers in the United Kingdom, that fee increases to 3.4% and an additional 0.30. You can source stock to sell on Depop from a lot of different places. What is that? No matter your reason for joining the platform, making more money is definitely a driving force. Click Continue. This is because it reduces the chances of a user abandoning their cart because they find it to be too much of a hassle to go through paypal. you know we love to give you great discounts and special events throughout the year, but were totally upping, Read More Reseller Assistants Black Friday Event 2020Continue, Once upon a time, Poshmark was a clothing site for women. Reworked items - upcycled, handmade and repaired items are all great. If youre debating Poshmark vs Depop, then check out this overview. Review the information and click Issue Refund. Its hard to choose a winner when it comes to payment with Depop vs Poshmark. 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. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Even then, Poshmark has up to three days after delivery to release the funds. Price is high and FIRM as I dont mind keeping might take down later For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. Depop payment: Get paid via PayPal or through Stripe using Depop Payments. When you first open Poshmark, you might not enjoy browsing. Depop is all about community - its the buyers and sellers who use Depop who make it such a great place. Its easy to say that its more fun to buy clothes and accessories, regardless of Depop vs Poshmark. Lets go over it. 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. They later expanded into childrens and mens clothes. Depop fees: No listing fee, 10% seller fee to Depop, PayPal transaction fee of 2.9% + $0.30. Dealing with Depop Returns and Refunds - OneShop Go to www.paypal.com/uk and log in to your account. Find it on Depop. It seems like buyers prefer to haggle more on Poshmark. If you want to keep them for later on, you can like or save them. Here's how to refund a payment: Go to your Activity. Get paid directly into their bank account. A major plus for Depop payments is that you get the money as soon as your item sells. Just as with listing items, its worth knowing what youre going to get on each platform. You can set filters to certain sizes, categories, conditions, colors, brands, and, of course, prices. Within this blog post, we break down exactly how Depop works: covering who we are, and how buying, selling and shipping on Depop work. Heres how you will add Depop payments to your account. When you want to cash out, Depop pays through your PayPal account or Stripe. For a business to succeed, having a fully equipped and knowledgeable seller is a must. Depop payments fees are relatively similar to paypal but it is somewhat easier to reason about. Depop has a way to show you items tailored to your tastes and needs, too. Sellers set their shipping on Depop, which means you might find some that offer free shipping. If you can, try to settle the issue with the buyer first to prevent an issue from being raised with PayPal. If the item was sold and paid using Depop Payments, you could settle any issues with your transaction through Depop. Depop Payments will empower sellers to increase their chances of selling by giving buyers more ways to pay. Depop payment via paypal. To do this, it is your responsibility to ensure that they don't encounter any issues with the item they ordered from you. Depop started out using paypal to process virtually all transactions, so every sale you made would be sent instantly into your paypal account. People are more likely to buy and sell gently used clothing online through a clothing resale app. You dont have to worry about getting paid after shipping the item or ensuring its delivered. and now one of our new services is also live we present to you: eBay Cross-Listing! Many sellers register on both Poshmark and Depop.