Etsy’s goal of “reimagining commerce,” is a long-term proposition, which explains why after the company lost money again in the fourth quarter it tempered the news with a rosy three year sales and profit forecast.
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Worldpay partially admits to Etsy outage
Payment processing platform Worldpay isn’t naming names, but appears to be owning up to playing a major role in the Etsy transactional outage. Since July 1, what Etsy has described as a third-party payments processing issue has stalled thousands or even millions of online transactions. In a running thread on the online marketplace’s “Bugs” community forum, some users have been posting that their delayed orders have gone through, but others still complain of inability to process payments. -
Payment issues hit some Etsy sellers
The July Fourth long weekend was not a happy one for many users of the Etsy online marketplace, which has been hit by lingering transactional problems. Since July 1, what Etsy has described as a third-party payments processing issue has left thousands of purchases in limbo. A thread in the “Bugs” section of the Etsy online community forum has registered more than 4,000 complaints from buyers and sellers who cannot complete transactions. Etsy users have also been venting their frustrations on Twitter and Reddit.