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Now that Depop partnered with Stripe, which is PayPals competitor, it opens more options for both sellers and buyers. Once you've sent a refund, you can't cancel it. Why should I get a PayPal account? I one hundred percent agree and hate Depop payments because of the withholding process. Most sellers get excited when they see the Depop selling fees are just 10%, regardless of how much the item sells for. 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). Poshmark sells contemporary, name-brand clothes at good deals. This will ensure that you can always refund buyers when necessary. When you first open Poshmark, you might not enjoy browsing. No action needed well take care of the rest. But what about getting your hands on the money youve earned? They dont take money for the shipping label, transaction processing fee, sales tax, or customer support. 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. 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. Or view our blog on making money at Depop for broader tips and information. Length 10 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. You normally have to log in to your PayPal, transfer the money, and then wait a few days for the funds from PayPal to hit your bank. Most of the clothes are new and gently used, though some are vintage. Using a tracked shipping method is the ideal way of sending your orders. Once shipped, keep your buyer updated. Your shops page should now have a red banner where you will be able to enter your bank details. Before you price an item, you can guarantee that Poshmark takes $2.95 of the profit. If youre looking for those types of things, youre better off shopping on eBay, which is more like a general online thrift store. Therefore, taking commission is how these companies make money. Learning about both Poshmark and Depop will help you understand each site. When you sell clothes online, youre earning a little money back from what youve spent. If you sell something less than $15 on Poshmark, they take a $2.95 fee. Press J to jump to the feed. If y'all remember I posted how I got banned for hashtags that were FINE. Tap Checkout, then review your shipping address to make sure its correct. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Here is how joining Depop works, step by step. First, it qualifies you to Depop seller protection. 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. 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.