Etsy expands international seller payout options with Remitly

Remitly Global have announced that it has partnered with Etsy to be an additional payment provider on Etsy Payments, Etsy’s payments platform, in 15 countries. The partnership marks the next step in Remitly’s expansion beyond serving millions of individual customers into powering payments for small and medium businesses worldwide.

Starting this Autumn, new international sellers opening an Etsy shop in select countries will have the option to choose Remitly as their payout provider during onboarding. For Etsy’s global community of creative entrepreneurs, getting paid reliably and on time is critical.

Etsy Payments enables sellers around the world to access secure and flexible payments solutions. Adding Remity’s payments platform as an option in Etsy Payments will give many sellers another dependable way to get paid, through the local banks and wallets they already use.

– Megan Oxman, Senior Director of Product, Etsy When receiving their payout with Remitly, Etsy sellers can hold their earnings in USD and convert to their local currencies on their own terms, depositing income straight to their bank accounts or mobile wallets.

Etsy is Remitly’s first marketplace partner and a model for what’s ahead: taking the payment network that millions of receivers already trust and putting it to work for businesses. – Ankur Tiwari, VP and General Manager, Remitly Business.