An interesting data point is that Etsy made charges to cards, but then offered refunds to the bank account on file.
This tells me their merchant processing credentials may have been stolen, and since they didn't initiate the debit, they don't have the transaction IDs immediately available to refund/reverse them. (Obviously the processor would be able to provide these on Tuesday when they open back up)
This tells me their merchant processing credentials may have been stolen, and since they didn't initiate the debit, they don't have the transaction IDs immediately available to refund/reverse them. (Obviously the processor would be able to provide these on Tuesday when they open back up)