Questions about Selling on Amazon Payment Account (Europe)

[helpmelol]

Hello,

Recently everyone selling on European marketplace received an email to verify their account/identity.

In my ''Account Info'', I have to update/provide 1 thing, which is ''Verify Micro payments''. I already received the micropayment on my bank account.

My question is: what happens if I verify the micro payments? Will Amazon review my account again? Will I attract attention? Or is it just an automatic process?

Also:

What is the difference between the ''Selling on Amazon Payment Account'', and Amazon disbursements now?

At the moment, I have to wait 2-3 weeks before they transfer funds to my account. Will this change when I verify the micropayment & have a ''Selling on Amazon Payment Account'' ?

[MICKY H]

Basically if you don't verify the micro payments you will not get any disbursements. No your account won't go in a review, this is just standard procedure.

[helpmelol]

Thanks, but what I meant was what will change?
I mean, don't they already know that that's my bank account? They've been sending the disbursements to that account since day 1, so this ''micropayments'' verification seems weird.

In terms of payments; what changes? Will I still have to wait 2 weeks, or will I get my money faster, etc. ?

[MICKY H]

It just amazon policies and we all have to do it.