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« on: March 24, 2017, 08:09:08 am »
I do business on ETSY. Being as YOU are the vendor + Manufacturer + Distributer of the product you set the conditions and how you get paid. For instance I sell handcrafted wooden coin banks. I do not even begin to make them until the purchase price has actually cleared and made it into my accounts. I accept all major credit cards, checks and money orders and since I use those funds to purchase the supplies to build the banks ordered nothing is lost if the transaction takes a dive for some reason. I work in the JIT system. Just In Time. In other words I carry no inventory of parts other than minor incidentals. I stock no completed items ( no room ) so basically the customer orders the item, pays for it, I purchase the supplies with the money that the customer just paid and construct it then I ship it. It is transparent to the customer and shields me by having a paper trail for the payment and for the product being built.
Hope this helps a bit.
DW