Payment Settings Guide 2026

How to Change Payment Methodon Etsy

Whether you're a buyer updating your card or a seller changing your bank account, this guide walks you through every option. Works on both Etsy app and desktop.

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💳Quick Answer: How Do I Change My Payment Method on Etsy?

👤 For Buyers:

  1. Open Etsy (app or desktop)
  2. Go to Account → Settings → Payment methods
  3. Click "Add a new payment method" or edit existing
  4. Save changes

🏪 For Sellers:

  1. Go to Shop Manager → Finances
  2. Click "Payment settings"
  3. Under "How you get paid," click Change
  4. Enter new bank details and verify

Tip: Buyer changes are instant. Seller bank changes take 2-5 business days to verify.

Buyer vs. Seller Payment Management

Different users have different options

FeatureBuyersSellers
Add credit/debit cards✅ Yes✅ Yes (for fees)
Link bank account❌ No✅ Required
PayPal at checkout✅ Yes❌ Via Etsy Payments
Apple/Google Pay✅ Yes❌ No
Change on mobile app✅ Full access⚠️ Limited
Instant updates✅ Yes⚠️ Bank takes 3-5 days
Multiple methods✅ Yes❌ One bank only

Payment Methods Buyers Can Use

All the ways to pay on Etsy

Credit Cards

Visa, Mastercard, American Express, Discover

Debit Cards

Any Visa or Mastercard debit card

PayPal

Link and pay with your PayPal account

Apple Pay

Fast checkout on iOS devices

Google Pay

One-tap payment on Android

Klarna

Buy now, pay later in installments

Change Payment Method on Desktop (Buyers)

Step-by-step for Etsy.com

1

Sign In to Etsy.com

Go to Etsy.com and sign in to your account.

  • • Click Sign in at the top right
  • • Enter your email and password
  • • Complete two-factor auth if enabled
2

Open Account Settings

Navigate to your account settings page.

  • • Click your account icon (top right)
  • • Select "Account settings" from the dropdown
  • • You'll see the settings menu on the left
3

Go to Payment Methods

Access your saved payment methods.

  • • Click "Payment methods" in the left sidebar
  • • View all your saved cards and accounts
  • • See which method is set as default
4

Add or Edit Payment Method

Make your desired changes.

  • • Click "Add a new payment method" to add
  • • Click on a saved method to edit or remove
  • • Enter new card details if adding
  • • Verify billing address matches card exactly
5

Set Default and Save

Confirm your changes.

  • • Select a method as default for checkout
  • • Changes save automatically
  • • Test at checkout to confirm

Change Payment Method on Etsy App (Buyers)

Step-by-step for mobile

1

Open Account Settings

Launch the Etsy app and access settings.

  • • Tap "You" at the bottom navigation bar
  • • Tap the gear icon (⚙️) for Settings
  • • Scroll to find account options
2

Access Payment Methods

Find your saved payment options.

  • • Tap "Payment methods"
  • • View all linked cards and accounts
  • • See your default payment method
3

Add New Payment Method

Add a new card or account.

  • • Tap "Add a payment method"
  • • Choose card type or PayPal
  • • Enter card number, expiration, CVV
  • • Confirm billing address
4

Set Default Payment

Choose your preferred method.

  • • Tap on a saved method
  • • Select "Set as default"
  • • Default method auto-selects at checkout
5

Remove Old Methods

Clean up methods you no longer use.

  • • Tap the payment method to edit
  • • Select "Remove" or "Delete"
  • • Confirm the removal

Change Bank Account (Sellers)

Update where your deposits go

1

Open Shop Manager

Access your seller dashboard.

  • • Sign in to Etsy.com
  • • Click your shop icon
  • • Select "Shop Manager"
2

Go to Payment Settings

Navigate to your financial settings.

  • • Click "Finances" in the left menu
  • • Select "Payment settings"
  • • View your current deposit account
3

Change Bank Account

Update your deposit account.

  • • Under "How you get paid," click "Change"
  • • Choose instant verification or manual entry
  • • Enter routing and account numbers
  • • Confirm account details
4

Verify New Account

Complete the verification process.

  • • Instant verification connects to your bank online
  • • Manual verification sends micro-deposits (2-3 days)
  • • Enter deposit amounts to verify
  • • Old account receives deposits until verified
5

Confirm Change

Ensure everything is set correctly.

  • • Check that new account shows as "Verified"
  • • Review deposit schedule settings
  • • Future deposits go to new account

Note: Bank account changes require verification. Your old account continues to receive deposits until the new account is verified (typically 2-5 business days).

Troubleshooting Common Issues

Solutions to payment problems

Card Declined When Adding

  • Verify card number and expiration date
  • Check CVV (3 or 4 digit security code)
  • Ensure billing address matches card exactly
  • Try a different card or contact your bank

Bank Verification Failed

  • Confirm routing and account numbers
  • Use a checking account, not savings
  • Wait 2-3 days for micro-deposits to arrive
  • Check bank security settings for Etsy access

Can't Remove Payment Method

  • Cancel any pending orders using that method
  • Pay any outstanding balance first
  • Add a new method before removing old one
  • Contact Etsy Support if issue persists

App Won't Let Me Update

  • Update to the latest Etsy app version
  • Try the desktop site for full access
  • Clear app cache and restart
  • Log out and log back in

Etsy Payment Security

90M+
Active Buyers
9M+
Active Sellers
40+
Countries Supported
256-bit
SSL Encryption

Payment Security Best Practices

Common Mistakes to Avoid

❌Don't Do This

  • •Share card details via messages — Etsy never asks for payment info in messages
  • •Use temporary or prepaid cards — these may cause verification issues
  • •Ignore failed payment notices — seller shops can be suspended for unpaid fees
  • •Remove your only payment method — always keep at least one active method
  • •Click payment links in emails — go directly to Etsy.com instead
  • •Store card photos on your device — security risk if your phone is lost
  • •Use shared or public computers — payment data may be cached

✅Do This Instead

  • •Keep payment methods current — expired cards cause failed transactions and order issues
  • •Add a backup payment method — prevents checkout problems if primary fails
  • •Verify billing address matches — address mismatches trigger card declines
  • •Update before making purchases — changes take effect immediately for buyers
  • •Monitor your billing statements — catch unauthorized charges early
  • •Use secure networks — avoid public WiFi when updating payment info
  • •Enable two-factor authentication — adds extra security to your account

Frequently Asked Questions

Everything you need to know about changing payment methods on Etsy.

Yes, buyers can fully manage payment methods in the Etsy app. Go to You > Settings > Payment methods. Sellers can view and make some changes, but advanced settings like bank account changes work better on the desktop site.
Instant verification is available for many major banks through Plaid. If instant verification isn't available, micro-deposit verification takes 2-3 business days. Your deposits continue to the old account until the new one is fully verified.
You likely have pending transactions, an outstanding balance, or it's your only saved payment method. Resolve any pending orders, pay off your balance, add a new payment method, then you can remove the old one.
No. Etsy Payments is required in most countries where it's available. Buyers can choose to pay via PayPal at checkout, but funds still process through Etsy Payments and deposit to your linked bank account.
Go to Settings > Payment methods, then tap the method you want as default. You can also select a different payment method during checkout before completing your purchase.
Yes. Etsy uses 256-bit SSL encryption and is PCI DSS compliant, the highest security standard for payment processing. They don't store your full card number on their servers.
Recurring subscriptions like Etsy Plus or Etsy Ads may be tied to a specific card. Update the billing card in each subscription's individual settings, not just your general payment methods.
No. Etsy allows only one deposit account per shop. To receive deposits to a different account, you must replace your current linked bank account with the new one.
The transaction won't complete. You'll see an error message and can try another payment method or fix the issue with your card. No charges occur for failed transactions.
Klarna appears automatically at checkout for eligible purchases. Buyers don't add it in advance — it's offered based on order amount, your location, and Klarna's approval criteria.
Yes, but options vary by country. Etsy Payments availability and supported banks depend on your location. Check your Payment settings to see the specific options available in your country.
This is a security measure. Etsy may require identity verification after suspicious activity, extended account inactivity, or when making significant payment changes. Follow the verification prompts to proceed.

Related Guides

Ways to Accept Payments on Etsy

Complete overview of Etsy payment options.

What Payments Does Etsy Accept

All buyer payment types explained.

What Percentage Does Etsy Take

Understanding all Etsy seller fees.

Why Is My Etsy Account Suspended

Account issues and how to recover.

How to Open a Case on Etsy

Payment disputes and resolutions.

Payment interfaces and options may change as Etsy updates their platform. Always refer to Etsy's official Help Center for the most current instructions. This guide is for informational purposes and is not affiliated with Etsy, Inc.

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