Worldpay, Etsy’s payments processor, admits to service outage

Published July 6, 2016

An Etsy marketplace is set up in Times Square outside the NASDAQ to commemorate the Etsy initial public offering which debuted to the public on Thursday, April 16, 2015. Shares of Etsy dropped up to 9.1% after investors who bought shares during the IPO dumped them on the first day they were allowed to.(�� Richard B. Levine) (Photo by Richard Levine/Corbis via Getty Images) Worldpay, the third-party payments processor for Etsy, has come forward after six days of silence, acknowledging that it is experiencing a service disruption. A significant number of Etsy transactions have been disrupted by ongoing payment processing outages. Over 7000 posts have been made by frustrated merchants in an Etsy forum dedicated to the problem. This is almost twice the volume… Read More

Five days of Etsy payment processing outages have merchants flipping

Published July 6, 2016

An employee arrives at Etsy Inc. headquarters in the Brooklyn borough of New York, U.S., on Monday, May 4, 2015. Etsy Inc., a marketplace for handmade and vintage goods, raised $267 million in its initial public offering. Photographer: Victor J. Blue/Bloomberg via Getty Images ***Update to this post can be found here. Those hoping to snag some handmade July 4th cookies and home-made vegan sunblock might have woken up to an empty stomach and sunburn after a serious payment processing outage on e-commerce site Etsy. Over the last five days, a large number of Etsy transactions have been disrupted by “third party” payment processing outages. As of 6pm PST… Read More