Author Topic: Payments By Amazon  (Read 9842 times)

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WayOutWest

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Re: Payments By Amazon
« Reply #20 on: October 30, 2008, 07:35:52 PM »
Just got an email response from Anthony @ Amazon   It's got a 14 day lag time

Quote

https://payments.amazon.com/sdui/sdui/business?sn=cba/faq#pay_oftenpaid
How often am I paid?
    Amazon first settles your account 14 days after you register. Subsequently, the
settlement process repeats daily. If you add or update your bank account, then
for security and account verification reasons it takes 14 days to settle your
account in the added or updated bank account. From that point, Amazon will
deposit payments into your Amazon Payments account daily.

« Last Edit: October 30, 2008, 07:39:17 PM by WayOutWest »

ICToys.com

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Re: Payments By Amazon
« Reply #21 on: October 30, 2008, 07:37:48 PM »
Wow.  Wish Amazon would go to daily payouts for its Seller Central merchants. 


biggfredd

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Re: Payments By Amazon
« Reply #22 on: October 30, 2008, 08:17:30 PM »
I rather enjoy getting enough at once to buy a new car.
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Southern Jewel's Fab Finds

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Re: Payments By Amazon
« Reply #23 on: October 30, 2008, 10:38:15 PM »
Wow.  Wish Amazon would go to daily payouts for its Seller Central merchants. 
I agree.
For the same reason I don't want to get a return on my income tax. I don't want Uncle Sam having my money to earn interest on. I'd rather get it myself as fast as I can, so I can be earning the interest.

modied to add:
THANKS WayOutWest for the info.

From that point, Amazon will deposit payments into your Amazon Payments account daily.

Depositing Daily into my Amazon payments account...ok.
Can I withdraw or settle out/transfer to my bank daily?
I can, right?
« Last Edit: October 30, 2008, 10:49:04 PM by Suthrnjewl »

Southern Jewel's Fab Finds

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Re: Payments By Amazon
« Reply #24 on: October 31, 2008, 10:41:36 AM »
I'm looking forward to the free or low payment Online eCommerce Store Builders having the additional Amazon payment means added for their sellers.


biggfredd

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Re: Payments By Amazon
« Reply #25 on: October 31, 2008, 12:19:37 PM »
My only concern is that Amazon provides website service, data manipulation, and now checkout.  What happens when something goes wrong?

That said, I'd much rather Amazon than that other service.
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biscuit

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Re: Payments By Amazon
« Reply #26 on: October 31, 2008, 03:06:45 PM »
Next time you talk to them...I can NOT find anywhere how often we're allowed to receive our money.

Is it a transferrable out anytime? (such as eBay)
Is it the same as a regular selling account on Amazon? (daily)
Is it Seller Central guidelines? (every two weeks)

I can't find it and I'd love to have an answer before I move forward.

THANKS!


From the Amazon Payments help page:

Quote
How do I withdraw funds from my Amazon Payments Account?

If you want to withdraw funds from your Amazon payments account, you can do so by initiating either an Amazon.com Gift Certificate purchase or a transfer to your bank account. To transfer funds to your bank, you must complete the bank account verification process...



Here's the "Withdraw" page...


biscuit

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Re: Payments By Amazon
« Reply #27 on: October 31, 2008, 03:11:45 PM »
Rick, there's no invoicing feature like in Google Checkout (that I know of), but you may be able to use something like Amazon Simple Pay to just attach a "Pay Now" type button to an invoice.  I've not used it yet, so I can't be sure, but just thought I'd put it out there.

http://www.amazonservices.com/payments/simplepay.html


FWIW, this DOES work.  I haven't sent a live invoice to a customer yet, but I did send "test" ones to myself, and it works.

Southern Jewel's Fab Finds

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Re: Payments By Amazon
« Reply #28 on: October 31, 2008, 03:17:13 PM »
Thanks Biscuit.

My main concern: I wanted to know if Amazon was allowing its members of Amazon payments daily disbursements or if we were going to have to wait the way my Seller Central Account is set up...every two weeks for Seller Central accounts before disbursement of funds.

Everything is verified with my Amazon account.

Anyway...I wanted to know what the norm is and if it goes by what type of Amazon Selling Account the member has...if it was every two weeks or if daily transfers.

Thanks for the update on sending a test to yourself.

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Re: Payments By Amazon
« Reply #29 on: October 31, 2008, 04:07:34 PM »
Would this be something a seller such as myself could utilize if there is a turn around time of a couple weeks? Or do you have to ship immediately?

With Google Checkout I just invoice them when I'm caught up to their order and ready to do it. That way, if they pay, I  can produce it and ship in 24 hours. If they don't pay, I move on to the next job. This way I haven't received payment 2 weeks in advance, nor have I produced personalized products that aren't going to be paid for.

Just wondered what their requirements are. Of course, if they think they're going to hold my money for any length of time I have no use for them anyhow.LOL
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WayOutWest

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Re: Payments By Amazon
« Reply #30 on: October 31, 2008, 04:14:26 PM »
According to rep I spoke with, you can set it up to allow for items that are delayed (made to order items, etc).  Customer "pays" but it's actually an authorization run against the card, you get it ready and when ready you tell system to process the charge and then ship it.


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Re: Payments By Amazon
« Reply #31 on: October 31, 2008, 06:30:32 PM »
That's VERY interesting Steve...VERY interesting.

Rick Bradford

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Re: Payments By Amazon
« Reply #32 on: October 31, 2008, 11:43:18 PM »
FWIW, this DOES work.  I haven't sent a live invoice to a customer yet, but I did send "test" ones to myself, and it works.

Thanks, Biscuit, good to know!

  

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