Startup 365

Entrepreneurs – Startups

#USA Five days of Etsy payment processing outages have merchants flipping

Posted on 6 July 2016 by Startup365

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 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 July 5th, over 4,000 messages of… Read More

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