Etsy Payments is a payment system integrated within the Etsy platform that allows sellers to accept payment by authorized credit and debit card transactions, some bank transfer services, PayPal (where available), transactions using Apple Pay, and transactions using Google Pay. It also lets buyers pay in their local currency and offers a range of payment options, including PayPal, Apple Pay, and Etsy gift cards. When a buyer makes a purchase, the funds are reflected in the sellers payment account on Etsy, and then deposited into the sellers designated bank account. Etsy Payments simplifies payments for both sellers and buyers, and eliminates the need for sellers to rely on external payment processors. Sellers can choose how often they get paid with their deposit schedule, and all sales processed with Etsy Payments qualify for Etsys Seller Protection Policy. Etsy Payments charges a fee for each transaction made through the system, which varies based on the country in which the seller is located.