Theres an app for that and if youve set up your Depop account, youre already on it. Verify your information with Paypal (banks, cards, email, etc). Being fast in sending orders is a good thing. We offer both PayPal and Depop Payments to give our users more flexibility while buying and selling on Depop. Create an account to follow your favorite communities and start taking part in conversations. Vintage. Whatever your style. A 10% Depop fee is charged on the total transaction amount (including shipping costs). welcome to another Depop video!! 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. Simply head in-app, go to the Selling hub and tap the banner. But theres a good chance you can find those items on Poshmark, too, so its an ideal first stop. Avoid disputes on your items and get your Depop account in trouble. - Ship With Depop Dropoff': Ship through Depop with Hermes, dropping off your parcel at one of their dropoff points (Mainland UK only - England, Wales, Isle of Wight, Isle of Man, Scotland excluding the Scottish Highlands). If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. Get paid directly into their bank account. Do thorough research on your item if you are unsure of its authenticity. Let us know in the comments if you have tried Depop or any other platforms as well as Poshmark! Only you should NEVER send an item before the funds are showing in your paypal account balance. Instead, they have to DM you directly. You don't have to worry about getting paid after shipping the item or ensuring it's delivered. Youll benefit from taking better pictures, having a title that shares a lot of information, and a competitive listing price. Find out more about Depop Payments byheading over to our Help Centre. Listing on Depop is simple and easy. We did touch on this a bit previously but depop payments can increase your sales because you will be giving your potential buyers more options to pay. Its flat-out fun to browse on this app, and youll most likely find at least one item you cant live without. Depop Payments lets buyers use Apple Pay, Google Pay, credit and debit cards, as well as Paypal to shop on Depop. Once a dispute is opened against your sold item, be sure to provide all the necessary proof of the item's condition, authenticity, or size to Depop. Lets be real, you probably dont care what method is used to get you your money as long as it lands in your hands as soon as possible. Be sure to read through its description and check the sizing to be sure its what youre looking for. This app is especially popular in countries like Australia, New Zealand, the United Kingdom, and of course, the United States. They have finally rolled out Depop payments to give buyers more options while allowing sellers to have the money in their bank account rather than having to transfer their funds from PayPal. Signed up already? I miss those simple PayPal instant payments I can't trust Depop withholding money for an uncertain amount of time. The standard depop fee remains the same at 10% and they will charge processing/transaction fees, thats it. Make sure you stay on top of your inventory and take down the sold listing from the other platform. Believe it or not, theres also a difference when youre buying on each site. While it is still new and people may run into hiccups, the most positive part of the new Depop payments is the lesser fees. 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. As a seller, will Depop payments really be better than using PayPal? Shoot your item on a clear background to keep your buyer's attention on the item. Again, this might seem steep, but you can do the math before you list an item and get a general idea of your profit. Hi does anyone know how to verify your PayPal account for selling items on depop? Or maybe youre looking for styles that are 100% you? Thank you so much for watching! That covers everything you need to know about how Depop works. Always ensure that your item is authentic before claiming that it is. Answer (1 of 3): No, it is not possible to use Depop without a PayPal account. Rather than shipping with Depop, choose to ship the item yourself and buy discounted postage. Rule of Thumb for Depop and Paypal While any payment issue as a seller can be extremely frustrating, there are some steps that you can follow to ensure that you are getting your money on time. However, these offers arent always something you want. For any item that sells for less than $15, they take $2.95. Depop is the fashion marketplace app where the next generation comes to discover unique items. Super fkn cute Japanese gyaru brand D.I.A low rise pleated black miniskirt with the coolest gold chain and zipper details. Designer. If you sell something less than $15 on Poshmark, they take a $2.95 fee. I one hundred percent agree and hate Depop payments because of the withholding process. Remember that the competition on marketplaces like Depop is tough. For a business to succeed, having a fully equipped and knowledgeable seller is a must. Click Continue. 2. Length 10 You can buy clothes for men, women, and kids on Poshmark. Or view our blog on making money at Depop for broader tips and information. - '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. Its the platform for individuals to resell their clothes, shoes, and accessories. There are no surprises when youre getting paid out. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. When you save your size, the algorithm only shows you that size. You will also be charged for the Paypal fee which is 2.9% + $0.30 in the USA plus the applicable shipping fee. As a seller, will Depop payments really be better than using PayPal? Privacy Policy. They don't actually sell anything on their own; rather, they act as a middleman between Depop sellers and customers, enabling people to set the retail price of their goods and locate potential customers, all while providing a reliable and secure platform that lowers the risk of being duped or overcharged for . By browsing this website, you consent to the use of cookies. It must've been cuz I mentioned the BBB.. That also gives you a huge audience of potential customers who want to shop your closet. Its easy to say that its more fun to buy clothes and accessories, regardless of Depop vs Poshmark. If youre a Poshmark seller or want to become one, you need to consider how much selling on the platform will cost. I am dealing with the same thing $116 stuck in my Depop Balance with no estimated payout date. It will show up on your bank statement when the seller fees are debited from your account. There are three ways shipping works on Depop if youre located in the UK: - Arrange your own shipping: Arrange worldwide shipping yourself (go down to your local post office or purchase a shipping label through a third party etc). By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Messaging sellers and shipping vary depending on if youre using Depop vs Poshmark. You will need to have a valid PayPal account linked to your Depop account in order to buy or sell items . NO PAYPAL. Overall, I cant say theres a set pro or con with this feature on Poshmark. Buying on Depop is not complicated. Whatever your style. All zippers fully functional. - Ship With Depop: Ship through Depop with USPS (mainland USA only). Heres our easy guide to the ins and outs of selling on Depop. Depop payments takes about 2 working days to process your payment before it is sent to your bank account. Here are a few to start: 1. 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. If you can, try to settle the issue with the buyer first to prevent an issue from being raised with PayPal. Preloved. This pushes the algorithm to share your listings with more people on the app. One of the practical tricks to do this is by cross-listing. Your payout will then be sent to your linked bank account 10 working days after the sale date. On Poshmark, Ive gotten a lot more negotiations. 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). 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. But how does this marketplace of buying and selling work? All UK sellers will need to sign up by 8th December 2021 to continue listing. Once you've sent a refund, you can't cancel it. You have a home feed that shows you items similar to what youve previously liked or bought. Its free to list your items in your shop and youll only be charged once an item is sold. 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. and our It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. You can save money on the clothes and even with shipping costs. Commission usually includes a percentage of the shipping charge and transaction fee. We offer a 14-day free trial to let you experience the difference of what our app can make. Designer. Depop A major plus for Depop payments is that you get the money as soon as your item sells. and now one of our new services is also live we present to you: eBay Cross-Listing! Depop has been working on a new payment method for what seems like years and years. Choices like this keep the circular economy going its kinder to people and the planet. Also read: Poshmark vs Mercari: Which is best for Sellers? link to Yes, USPS Regional Boxes Are Discontinued, link to How To Pack & Ship An Xbox (With Pictures). This applies more so if they do not already have a paypal account. 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. Poshmark Selling Fees Poshmark also levies standard selling fees. Items like health and wellness products, home goods, or collectors items arent listed on Poshmarkits for fashion only. 2019-2023 All rights reserved. You can even find bags, purses, make-up, and other accessories on Poshmark. For those who are already on our newsletter list (wait, you arent? 3. Sellers set their shipping on Depop, which means you might find some that offer free shipping. When you want to cash out, Depop pays through your PayPal account or Stripe. If people like your listings as they might like an image on Instagram, you can offer it to them. Its better to curate your collections to ensure youre delivering what each group will want to buy. All you have to do is sign up here, and we will text you the link to the app. You dont have to worry about getting paid after shipping the item or ensuring its delivered. Posh Parties revolve around themes, like certain styles or accessories, and you can see new sellers and items that way. Lets compare the two fees based on the sales price. You have to wait with Poshmark, but you wont pay fees to access your own money. When a dispute like this arises, you must do the following: Being obedient to Depop's policies is important. Some sellers will offer international shipping and some wont - buyers can message them to ask for more info. Its a win-win. If y'all remember I posted how I got banned for hashtags that were FINE. Then, youll be able to plan ahead and come up with a fair price for every item you list in your closet. You will click on Get started. What is that? If youre specifically looking for vintage, you might have better luck on Depop. A sub for discussing all things Depop. Depop has now made a move to their own payment processing sytem powered by Stripe Connect. A major plus for Depop payments is that you get the money as soon as your item sells. 4. You dont get paid until the item ships to the customer and they accept delivery. If you choose to cash out, the money transfers to your linked bank account with no additional fees incurred. Otherwise, you will have to log in on a browser. Both platforms have search bars so you can enter terms and find exactly what youre looking for. Sellers list unique clothes, usually vintage but still trendy. If you sell on depop the only other option is to branch out to other marketplaces. 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. However, unlike Poshmark, Depop charges you additional fees. 2. Streetwear. Many sellers register on both Poshmark and Depop. 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! You made the transaction outside of the platform. - 30M+ registered users in over 150 countries, - 32M+ items are available for sale on Depop, - $1 Billion made by the Depop community to date. 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. Even without a PayPal account, you are still covered by PayPal Buyer Protection if you use PayPal checkout. I think I have done all the steps to verify it but I haven't had anything to confirm this. Or, message the seller of the item youre eyeing if you have any questions. Were introducing Depop Payments a new payment method powered by Stripe Connect to make it easier to buy and sell on Depop. Buying and selling clothes online reduces the amount of clothing going into landfills. Answer: Depop fees / Why have I been charged? All you have to do is create a draft once, and you can effortlessly cross-list to any platform that our team has integrated. Enter the amount you want to refund. Rag houses, outdoor markets, vintage shops, car boot/garage sales, charity and thrift stores are great sources of stock for your Depop shop. But you can do some math on the front end and decide which site in the battle of Depop vs Poshmark will help you make more money. Selling your clothes and shoes online is easy, like using an online consignment store. PayPal has merchant fees that youll incur, further cutting into your profits. But, take note that not all buyers are the same. Depop doesnt have an option for people to make offers on your items. The way Depop works is simple. 3. Your sales will now be deposited in your bank account rather than you having to go through paypal. Items sold via PayPal follow a different way of solving the dispute. Poshmark fees are set. You want to choose the platform with the best built-in audience so you can rack up sales. Ill go in-depth into how to sell and buy through each company, whether youre using the website or the mobile app. This is really simple and only takes a few minutes. Promptly answer Depop's emails in the given timeframe. Click the Settings icon at the top of the page. If you want to keep them for later on, you can like or save them. 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. 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. Payments that are sent to paypal will typically be instant and you can often use your money as soon as it arrives. This will ensure that you can always refund buyers when necessary. the payment will typically be available to you within 21 days after receipt (the funds may not be released until later in the day). Find it on Depop. I also like to use filters so I see only what items will fit me. But if youre trying to browse, you might feel overwhelmed with this visual. Cookie Notice Furthermore, the OneShop app gives you access to a helpful and fun community when you sign-up. Enter your routing (nine numbers) and checking number to complete. Why don't you give this a go for me by following these steps? If the item was sold and paid using Depop Payments, you could settle any issues with your transaction through Depop. To solve this, you should just need to add and confirm the correct email address to your PayPal account. Now that Depop partnered with Stripe, which is PayPals competitor, it opens more options for both sellers and buyers. Be on top of this by keeping an eye on your email for any letter coming from PayPal. If youre selling a bundle, both PayPal and Depop payments will charge the $0.49 and $0.30 once. Its easy to sign up for Depop Payments. The business itself is expanding and now has offices in Milan, New York City, and Manchester. You can set filters to certain sizes, categories, conditions, colors, brands, and, of course, prices. 26 days ago. You can cross-list some of your items, but each platform has a specific audience. You can submit items to Posh Parties, but its also great when people like or comment on your items. Interested in selling on Depop? Strictly keep all your transactions in-app while using Depop Payments. This tactic can be a great way to maximize sales by interacting with potential customers. 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. Lets face it most online shopping isnt always the most deliberate/thought through process, so any uneccessary friction will result in buyers leaving. Please read rules before posting. You fail to respond to Depop's emails within the timeframe. Its hard to choose a winner when it comes to payment with Depop vs Poshmark. Streetwear. Work-flow can help the Cash-Flow. However, sometimes tiny details get missed, which is understandable as long as you are willing to correct the mistake and make amends. 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!! Select your Payment Type. Both are straightforward and simple to do. The fashion industry produces a lot of clothing waste every year. Depop doesnt promote items as Poshmark does. Even though Depop doesn't have a listing fee, they do charge a transaction fee of 10% which is twice as much as what Etsy is charging. Of course, the more satisfied your buyer is, and the better experience they get from your shop means more returning buyers in the future. Many poshers out there are clamoring for such an invitation. For American sellers, they take an additional 2.9% fee plus $0.30. However, pricing your item right doesn't mean that you should compromise your earnings. For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. But don't worry, How To Pack & Ship An Xbox (With Pictures). Depop Selling Fees For each item sold, Depop automatically charges a standard 10% fee on the total transaction amount including the cost of shipping. 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. - 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. I decide to make this video in hopes that it will clear up some questions for you. If you're smart about how you ship things, then you'll make more money selling on Depop because of the lower fee. As a seller, fees can really dig into whats left for you. For more information on making the seller process smooth for your buyers, visitour top customer service tips article. Here's how to refund a payment: Go to your Activity. Your item was as described, but the buyer changed their mind. Please note that transaction fees may vary based on your location and PayPal account setup. Depop payments will be around for a long while whether you prefer it as a seller or not. Depop is about celebrating creativity by wearing it. We will exclude shipping costs since that is variable based on the item youre shipping.