I ran across some very important information in the
Etsy forums today that I really want to share with my readers, especially Etsy shop owners. This is for anyone who has an Etsy card reader and plan on using it any time soon. A lot of artists use these card readers at craft fairs and other "outside" Etsy venues to accept credit card payments. People with Etsy shops think that by using these Etsy card readers that they will be able to keep their sales records all on Etsy and track their sales in one place, all through their Etsy shops. It sounds perfect, right! Wrong!
It now appears that there is a glitch with their card readers making swiped credit cards unable to fully process. That means that people are losing not only those swiped payments, but the merchandise they sold as well. After the transaction sits around not fully processed for seven (7) days, that money is redeposited back to the credit card account.
So until Etsy fixes this serious problem
I recommend using a different card reader!
Click on this link here to read one internet article on the Etsy card readers.
Here is another article about the Etsy card readers.