Etsy complaint: Etsy Keeping 90% of Sellers’ Funds for Months

Etsy placing payment reserves on thousands of established sellers with thousands of sales and positive reviews, with no warning or recourse.

Also claim to hold 75% and release 25%, however, then take all fees and taxes from the 25% they release, only actually releasing roughly 10% (if that).

When contacted, they only send back bot copy/paste auto-replies. No actual humans behind the curtains and you can’t get in touch with a real person.

In case you haven’t seen it yet, here is a report from Sky News in the UK regarding payment reserves being placed on Etsy shops all over the world: https://news.sky.com/story/they-are-holding-15-000-i-basically-cant-afford-food-etsy-sellers-claim-platform-is-imposing-75-reserves-on-their-sales-12921271

And also a petition for Etsy to lower their payment reserve amounts: https://www.change.org/p/please-sign-this-petition-to-bring-the-retainer-percentage-amount-down-so-small-businesses-can-still-operate-on-etsy?langen-US