Amazon seller news

Amazon Payments and Settlement Changes

Changes to how and when Amazon pays you — settlement reports, reserves, deferred transactions, currency conversion and lending.

6 articles

• Amazon's deferred transactions and delivery-date reserves explained

  Under Amazon's delivery-date reserve, some order money is paid later; deferred orders appear in settlement reports only once released.

  Announced 23 September 2021

• Amazon's 2021 changes to seller-fulfilled returns: partial refunds and returnless refunds

  From August 2021, partial refunds on seller-fulfilled returns needed grading and a photo; from October 2021, cross-border orders under £20 (€25) with no local return address got returnless refunds.

  Announced 14 July 2021

• Amazon's Payment Service Provider programme: where your payouts can go

  Sellers paid through a payment service provider had to use an approved PSP; others faced a 21-day reserve from 31 May 2021 and no payouts from 15 July 2021.

  Announced 2 February 2021

• Amazon Currency Converter for Sellers moves to volume-based fees

  ACCS switched from a flat fee to volume-based rates as low as 0.75%, recalculated monthly on the previous 12 months' volume.

  Announced 20 October 2020

• Amazon's Disbursements page and the move to flat file V2 settlement reports

  Track payouts on the Disbursements page (with bank Trace IDs); since March 2022 settlement reports come only in flat file V2 format.

  Announced 6 August 2020

• Amazon Lending pauses loan repayments in spring 2020

  Amazon Lending paused loan repayments from 26 March 2020, with no interest accruing, restarting on 1 May 2020 with the same number of payments left.

  Announced 3 April 2020