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-   -   Why doesn't Amazon pay on time? (https://www.aspkin.com/forums/amazon/96440-why-doesnt-amazon-pay-time.html)

glacier922 05-18-2016 02:31 AM

Why doesn't Amazon pay on time?
 
Got 2100 dollars in my Amazon account. It says it will pay 800 of it today, on May 17th. Instead no pay, I'll get paid 1000 dollars on May 24th. What gives with this? Seriously. Also, got another account that says I will get paid today, 600 bucks, but I only got 90 something dollars.

miketyson 05-18-2016 11:56 AM

Re: Why doesn't Amazon pay on time?
 
14 day rolling reserve that's what its called

glacier922 05-18-2016 01:57 PM

Re: Why doesn't Amazon pay on time?
 
But wasn't my 1300 dollars that they were not going to pay me part of that rolling reserve? Frustrating!

yankee 05-18-2016 02:03 PM

Re: Why doesn't Amazon pay on time?
 
They are going to hold 14 days of revenue at all times on personal accounts.

glacier922 05-18-2016 02:10 PM

Re: Why doesn't Amazon pay on time?
 
It almost seems like I should stop selling on this account and move on to another account. Let's say they were going to pay me 800 bucks, but I had 2100 bucks in there. The reserve should be 1300 bucks. But no, they decide not to pay me, wait another week, and pay me 1000 dollars with 2100 in it. 1300 withheld is more than 50% of 2100, meaning they're holding more than 50%. What if I get my account to 5000 in the next 3 days? All of a sudden they're not going to pay me on the 24th as they promised, and say they'll pay me like 2000 dollars the following week? Frustrating!

yankee 05-18-2016 02:15 PM

Re: Why doesn't Amazon pay on time?
 
It is all right in the details when you signed up. Every personal account are going to be this way 100% of the time.

If you don't like this, don't sell on amazon is the only advice I can give ya.

Play 05-18-2016 02:22 PM

Re: Why doesn't Amazon pay on time?
 
This is how I tend to run my business - and I am just putting it out there so if someone likes it, they can adopt it.

1) Dont get bogged down by payment delays or payment holds.
2) Have sufficient funds to pay off suppliers/bills.
3) Keep in the back of your mind that money will 'eventually' be taken off hold or disbursed, dont worry about it.

I have seen far too many threads about money holds, if you've got nothing to worry about in what you do/sell, then know that, that money isn't going anywhere.

glacier922 05-18-2016 03:07 PM

Re: Why doesn't Amazon pay on time?
 
https://upload.wikimedia.org/wikiped..._May_Apply.jpg


Quote:

Originally Posted by yankee (Post 772424)
It is all right in the details when you signed up. Every personal account are going to be this way 100% of the time.

If you don't like this, don't sell on amazon is the only advice I can give ya.


miketyson 05-18-2016 04:28 PM

Re: Why doesn't Amazon pay on time?
 
You should go with the pro route. Usually don't have to play any games.

nnah 05-27-2016 07:13 PM

Re: Why doesn't Amazon pay on time?
 
amazon reserve usually happens when you sell stuff quickly +large payment

yankee 05-27-2016 07:36 PM

Re: Why doesn't Amazon pay on time?
 
Quote:

Originally Posted by nnah (Post 775173)
amazon reserve usually happens when you sell stuff quickly +large payment

100% of personal accounts have 14 day reserves with 7 day distributions. No way around it on personal accounts.

Kelly441 05-27-2016 09:14 PM

Re: Why doesn't Amazon pay on time?
 
Oh, how I miss the days of daily disbursements


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