What is Depop Payments?
Depop Payments lets sellers accept payments via Apple Pay, Google Pay, credit and debit cards, and Klarna, powered by Stripe Connect.
Depop Payments is a requirement in the US and UK and is currently only available in the UK and US.
Why Depop Payments?
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Transactions stay in Depop: Feel confident knowing that all your transactions are securely contained within Depop, and you don't need to log in anywhere else.
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Easier disputes and refunds: Easily handle any disputes or requests for refunds directly in Depop, through our dedicated Resolution Centre.
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Simplified payouts: With Depop Payments, sellers can have payments sent directly to their bank account, making it easier to monitor and manage earnings.
- A level playing field for everyone: Depop Payments is a straightforward way for everyone to pay and get paid on Depop – through Apple Pay, Google Pay, Klarna or debit and credit cards.
How to set up Depop Payments
If you haven’t set up Depop Payments yet, head to your sellers hub, where you’ll be prompted with a sign up window. Simply follow the instructions to get set up.
Do I have to pay to set up Depop Payments?
No, it's free to set up and you only pay a fee when you make a sale.
US:
Depop fee 10%
Transaction fee 3.3% + $0.45
UK:
Depop fee 10%
Transaction fee 2.9% + £0.30
How are my sales protected with Depop Payments?
You can read more about our seller protection here.
How do I make sure I can receive my payouts?
In order to receive your payout you'll first need to ensure you have linked a valid bank account. This will require you to provide the full account details so we know where to send your payouts.
To link a bank account:
- Go to Selling Hub (middle icon at the bottom of your screen)
- Hit the Payments tab
- Scroll down to Payment settings
- Select bank account
- Fill in your bank account details
Your payout will be made up by any Depop Payments that become available at the same time, rather than being paid per individual sale.
If you’re still unable to receive your payouts, verify your Depop Payments account by providing your ID in the Payments tab.
When will I be paid?
Depending on which country you live in your payout schedules might differ.
To find more info about being paid out in the UK please click here.
To find more info about being paid out in the US please click here.
Can I change how often I get payouts?
You cannot change how often you get paid out. Your payout schedule is fixed but can differ depending on which country you live in.
Do I have to wait for the money to land in my bank account before I ship?
No! Your money is guaranteed as soon as the sale is made. Ship right away even if the payout has not been sent from your balance yet.