Since that time, Poshmark has even branched out into non-clothing and accessory items to include products for pets as well as home items. A 10% Depop fee is charged on the total transaction amount (including shipping costs). This way, if the refund gets delayed, it can be processed for them as long as they can provide proof of return. Check out our Depop payments blog for further details. Its free to list your items in your shop and youll only be charged once an item is sold. Shipping is a crucial part of finalizing your sale. NO PAYPAL. Consider this as your official one-stop guide for everything you need to know about what Depop is all about and how the Depop businessworks. Depop Payments will become a requirement for selling on Depop. Sold through Depop Payments If the item was sold and paid using Depop Payments, you could settle any issues with your transaction through Depop. Vintage. NO PAYPAL. You will also be charged for the Paypal fee which is 2.9% + $0.30 in the USA plus the applicable shipping fee. And second, you can use it as proof when issues against your item arise. https://www.paypal.com/uk/smarthelp/article/how-do-i-verify-my-paypal-account-faq444?app=searchAutoC 1999-2023 PayPal, Inc. All rights reserved. Arranging a return is easy. Note that counterfeit items must be automatically be refunded without the need for the buyer to return the item as shipping any counterfeit goods is illegal. Prior to this rollout, PayPal did all the processing for your purchases or sales. However, unlike Poshmark, Depop charges you additional fees. Designer. Hi does anyone know how to verify your PayPal account for selling items on depop? While some have a specific budget to follow, some would also consider buying an item if it is reasonably priced. 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). The standard depop fee remains the same at 10% and they will charge processing/transaction fees, thats it. According to the Social Commerce Report, over 60 million Poshmark users buy and sell through their platform. Depop, based in London, began in 2011. - First, download the Depop app in the App Store or Google Play. When it comes to shopping ease, Depop is the clear winner. Ready to get started and try it for yourself? Thank you so much for watching! Take a picture using a square format to ensure that it is sized correctly. You should find ways to have an advantage over other sellers with the same item. Even then, Poshmark has up to three days after delivery to release the funds. Here, you will enter your address. The fashion industry produces a lot of clothing waste every year. Answer (1 of 3): No, it is not possible to use Depop without a PayPal account. Sellers list unique clothes, usually vintage but still trendy. We walk you through how to ship on your own step-by-step in the next article. Connect your Depop account to the Paypal account you will be using. I hope you love this video and it helps you lots. Being fast in sending orders is a good thing. Rather than shipping with Depop, choose to ship the item yourself and buy discounted postage. As a seller, you will now be able to get the money straight from Depop to your bank account (after a few business days). No matter what your reason is We have been selling online for over a decade and want to bring you some of the best information and reviews to help with your business. Do I need to use PayPal? - Depop help GB Depop Payments: More ways to get paid - Depop Blog Join our list at the bottom of this page!) All you have to do is sign up here, and we will text you the link to the app. We are compensated for referring traffic and business to Amazon and other companies linked to on this site. Read on and learn how to save your Depop listing and your earnings. This is really simple and only takes a few minutes. Once youve got some items ready, its time to list them. yea i prefer PayPal because depop payments still hasn't paid out to my credit card & i made my first sale january 8th . A sub for discussing all things Depop. You also don't have to worry about signing up and paying straight away to test our bot. The business itself is expanding and now has offices in Milan, New York City, and Manchester. 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. You don't have to worry about getting paid after shipping the item or ensuring it's delivered. Again, this might seem steep, but you can do the math before you list an item and get a general idea of your profit. Use natural lighting to avoid over-exposur or soft light boxes to find the perfect level of lighting. Streetwear. Do thorough research on your item if you are unsure of its authenticity. All US sellers will need to sign up by 10 January 2022. Follow these steps when youre ready to checkout: 1. Press question mark to learn the rest of the keyboard shortcuts. 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. 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. Promptly answer Depop's emails in the given timeframe. Read on.. Well, as you know our virtual assistants are amazing at, Read More eBay Cross-Listing Service LaunchContinue. Its a win-win. In my experience, Ive gotten more sales through Depop just because people buy what they want and thats it. Click the Settings icon at the top of the page. Each has a seller guideline to follow along with Poshmark, Mercari, Tradesy, and many others like Depop. Therefore, taking commission is how these companies make money. To process a refund for a transaction paid using Depop Payments: If you issued a full refund on a whole transaction using the app's refund button, the shipping label would also be automatically refunded to you. Sorry, this post was deleted by the person who originally posted it. You will also be charged a standard transaction fee by either of PayPal or Depop Payments of around 2.9% + /0.30. Click Continue. If youre looking for those types of things, youre better off shopping on eBay, which is more like a general online thrift store. DEPOP PAYMENTS ONLY. Paying for shipping labels depop payments vs paypal : r/Depop To help you seamlessly and conveniently cross-list across other platforms like Poshmark and Mercari, automation bots are created, and one of them is OneShop. 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. How Does Depop Shipping Work - 2023 Guide - Ship Gadgets 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. Theres an app for that and if youve set up your Depop account, youre already on it. - 'Ship With Depop Courier collect': Ship through Depop with Hermes collecting your parcel from your address (Mainland UK only - England, Wales, Isle of Wight, Isle of Man, Scotland excluding the Scottish Highlands) For more information check out our help centre. If youre selling a bundle, both PayPal and Depop payments will charge the $0.49 and $0.30 once. Trainers. But they might integrate the price of shipping into the item itself. This move means that depop and their users (buyers/sellers) have a lot more flexibility in how payments work. Or view our blog on making money at Depop for broader tips and information. Waist flat 13 can stretch to 15 Depop vs Poshmark: Clear & Quick Comparison | Easyship Blog Buying and selling clothes online reduces the amount of clothing going into landfills. Sell safely with Depops Seller Protection Policy and ship as soon as the sale has gone through. You can submit items to Posh Parties, but its also great when people like or comment on your items. Ive sold my clothes on both Poshmark and Depop. 4. Items sold via PayPal follow a different way of solving the dispute. If you sell on depop the only other option is to branch out to other marketplaces. After this, Depop will mediate a resolution between yourself and the buyer. Leave the Archive. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Learn More. It seems like buyers prefer to haggle more on Poshmark. 3. Read Next: How to Ship on Your Own on Depop, Yes, USPS Regional Boxes Are Discontinued. After you make money selling items on Poshmark, you can keep the money in the app and use it to shop for yourself. Any online platform that allows individuals to sell items is going to take a commission; theres no way around it. That also gives you a huge audience of potential customers who want to shop your closet. You can use Apple Pay, Google Pay, Paypal, credit and debit cards. Fees on Depop are very straightforward. You can like items, comment on listing, and follow certain sellers so you see more of them. Depop is integrated with PayPal, which means that all payments made on the platform are processed through PayPal. I think I have done all the steps to verify it but I haven't had anything to confirm this. Depop payments takes about 2 working days to process your payment before it is sent to your bank account. But theres a good chance you can find those items on Poshmark, too, so its an ideal first stop. Tap the Search tab at the bottom of the app to search for items and find exactly what youre looking for. I'm not sure if that's still applicable or if paypal was just weird and would allow that. Our biggest sale of 2020! Buying on Depop is not complicated. Create an account to follow your favorite communities and start taking part in conversations. Within this blog post, we break down exactly how Depop works: covering who we are, and how buying, selling and shipping on Depop work. This app is especially popular in countries like Australia, New Zealand, the United Kingdom, and of course, the United States. If you can, try to settle the issue with the buyer first to prevent an issue from being raised with PayPal. We offer a 14-day free trial to let you experience the difference of what our app can make. Depop Payments - Ultimate Guide - SellerAider Your item is listed on Depop's prohibited items list. It is finally here! Select your Payment Type. Be on top of this by keeping an eye on your email for any letter coming from PayPal. Messaging sellers and shipping vary depending on if youre using Depop vs Poshmark. 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! Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. While it is still new and people may run into hiccups, the most positive part of the new Depop payments is the lesser fees. There are no surprises when youre getting paid out. Now that Depop partnered with Stripe, which is PayPals competitor, it opens more options for both sellers and buyers. While there are honest ones, you may encounter some who would like to take advantage, so you have to be wise while keeping it professional. I one hundred percent agree and hate Depop payments because of the withholding process. When you want to cash out, Depop pays through your PayPal account or Stripe. Why don't you give this a go for me by following these steps? We offer both PayPal and Depop Payments to give our users more flexibility while buying and selling on Depop. This content may be old or outdated. 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) Poshmark fees are set. When youre considering Depop vs Poshmark, look at your items with a critical eye. You will also be charged a standard transaction fee by either of PayPal or Depop Payments of around 2.9% + /0.30. Believe it or not, theres also a difference when youre buying on each site. Aside from dodging copyright issues, posting the actual photos of your item also help set your buyers' expectation. Why should I get a PayPal account? Heres our easy guide to the ins and outs of selling on Depop. Poshmark has an option for people to make offers for your items, similar to bidding on eBay. Depop Limited is simply the formal legal name of the Depop company. Once you've sent a refund, you can't cancel it. Youll also love the chance to make some money from selling items you dont want anymore, instead of letting them end up in a landfill. Answer: Depop fees / Why have I been charged? Overall, I cant say theres a set pro or con with this feature on Poshmark. Depop started out using paypal to process virtually all transactions, so every sale you made would be sent instantly into your paypal account. I decide to make this video in hopes that it will clear up some questions for you. Tap Checkout, then review your shipping address to make sure its correct. Think of it like browsing a thrift store from the comfort of your own home. One of the easiest ways to save on costs is by saving on your shipping cost. Youre set. For more information on shipping, check out our shipping guide. Depop has now made a move to their own payment processing sytem powered by Stripe Connect. When you're selling an item on Depop, the seller is always responsible for shipping to a buyer. 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. If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. Depop Payments lets buyers use Apple Pay, Google Pay, credit and debit cards, as well as Paypal to shop on Depop. They have to pay Depop for the shipping label, so you might end up with that cost. 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!! Some sellers offer discounted shipping if you order more than one item from their shop. A responsible seller is very unlikely to receive any disputes. Lets start by introducing what Depop is. PayPal has merchant fees that youll incur, further cutting into your profits. What is Depop Limited and why did I get charged for it? But how does this marketplace of buying and selling work? 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. Here's how to refund a payment: Go to your Activity. Solved: Depop pending payment - PayPal Community It will take longer for your money to reach your bank account with depop payments. Ill go in-depth into how to sell and buy through each company, whether youre using the website or the mobile app. Explore is a great place to start looking for unique fashion on Depop. 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? I also like to use filters so I see only what items will fit me. What you should care about as a depop seller is if depop payments will increase your sales! There is also a standard PayPal transaction fee of 2.9% + 0.30 in the UK and 2.9% + $0.30 in the US. Depop payment via paypal - PayPal Community If you want to keep them for later on, you can like or save them. Maybe youve got some questions about how selling works for Depop users. Payment Depot credit card processing works for mobile, terminal, ecommerce, and POS transactions. There are a couple of different ways to browse Depop, whatever youre looking for. Poshmark has a set shipping fee of $7.45. Depop payment via paypal. 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. - 30M+ registered users in over 150 countries, - 32M+ items are available for sale on Depop, - $1 Billion made by the Depop community to date. If you love shopping at thrift stores, youll love browsing Poshmark and Depop online. Theyre transparent about their fees and dont take portions of the shipping cost. Streetwear. 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.