Douglas Erwin from cobcobbler says
I've seen several references to Etsy making all the interest from holding of funds. What interest? Have you checked CD rates lately? They're about as close to zero as you can get.
I presume Etsy does make a small profit from our use of DC. So does PayPal. This is a good thing as no one offers new products or services out of the goodness of their heart. Profit is the driving force behind innovation.
the % may be small, but that too is a lot of money when you are talking about 100,000's of dollars and millions. and its fine that etsy makes money on it, same as paypal, but etsy is getting greedy and holding a lot of sellers money for weeks or months. the issue is that they are holding that money, not that they are collecting interest on the money in their accounts