Etsy’s payments to sellers delayed by Silicon Valley Bank failure
March 13, 2023
Etsy is warning sellers on its platform that the failure of Silicon Valley Bank is causing delays in processing payments. The site used the bank to pay some sellers. An email sent by eBay to sellers said, “We know that you count on us to help run your business and we understand how important it is for you to receive your funds when you need them. Please know that our teams are working hard to resolve this issue and send you your funds as quickly as possible.”
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