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Amazon Payments instead of paypal
 

Can anyone tell me how Amazon payments work? how and when they pay i have made account and attached my bank account.

Re: Amazon Payments instead of paypal
 

Amazon holds your money for about 3 weeks until you get paid.

Re: Amazon Payments instead of paypal
 

Yeah don't do it. Long holds on funds, although when I was using them in large volumes I was getting funding from Amazon in the form of low interest loans up to about $200k when banks said no.

But you open yourself up to fraud and the holdings, which are worse than PayPal. At least with PayPal you can use balance to spend on whatever, or withdraw. Amazon payments not the case.

Re: Amazon Payments instead of paypal
 

Non pro account, payment every 7 days, pro account payment every 14 days.

All this information is available in Seller Central.

Re: Amazon Payments instead of paypal
 

Welcome to the forums OP - as Micky stated, all info is on the website. Make sure you read the website well before diving into Amazon - it's not for the faint of heart. :thumb:

Re: Amazon Payments instead of paypal
 

yes, amazon is the worse. in my opinion they kill the local businesses and for example chinese busineses dont even pay taxes... :?

Re: Amazon Payments instead of paypal
 

So, let me get this straight. Mobazon 'puts a hold' on your money and then they are kind enough to charge interest for lending you your own money?

Damn! Scientology, eat your heart out.

Re: Amazon Payments instead of paypal
 

Doubt AZ was holding $200k of his payments. Sounds more like AZ's equivalent of a Paypal Working Capital loan..

Re: Amazon Payments instead of paypal
 

Still, I don't think their loan would be for the whole $200k either.

What a great business model! 1. Force sellers to lend them money at 0% for 'security reasons', 2. Lend money back with zero cost and zero risk, 3. Cashiiing.