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Micah_Amazon

What is a deferred transaction?

A deferred transaction is a transaction that will be paid out to you at a future date. Most transactions are deferred for some period of time before they are paid out.

You can view a list of your deferred transactions on the Transaction view page. On this page, select "Transaction Status" as Deferred transactions from the dropdown, and click Update to see deferral reasons and the expected payment release date for all deferred transactions. After the payment release date, transaction status will update to Released. Note that only released transactions are included for payout in a settlement period.

Why is my transaction deferred?

A transaction is deferred while an order is awaiting delivery or pending buyer payment.

The following are the deferral reasons you may see on the Transaction view page:

Delivery date policy (Orders are awaiting delivery)

Orders placed by customers on Amazon are typically subject to Delivery date-based reserve policies. Sales proceeds are reserved until we know the buyer received the order in the promised condition, and to ensure that you have enough funds to fulfill any returns, claims, or chargebacks.

Note: Previously, sales proceeds withheld through Delivery Date-Based Reserves appeared as a lump sum amount "Account-Level Reserves" on your Payments Dashboard. This is now shown as deferred transactions so that you can know exactly which orders are subject to these policies and for how long they will be reserved.

Invoiced orders (Orders are pending buyer payment)

Invoiced orders placed by Amazon Business customers are deferred while awaiting payment by the buyer. These transactions will be released after the customer completes their invoice payment, which typically occurs within 30-45 days after the order date. Note that these orders are also subject to delivery date policies, but in most cases, the invoice due date will be later than the reserve period.

We would like to hear from our sellers and gain feedback arounds this. Please leave comments below.

738 views
14 replies
Tags:Bank account, Billing, Payments, Policy, Transactions
810
Reply
user profile
Micah_Amazon

What is a deferred transaction?

A deferred transaction is a transaction that will be paid out to you at a future date. Most transactions are deferred for some period of time before they are paid out.

You can view a list of your deferred transactions on the Transaction view page. On this page, select "Transaction Status" as Deferred transactions from the dropdown, and click Update to see deferral reasons and the expected payment release date for all deferred transactions. After the payment release date, transaction status will update to Released. Note that only released transactions are included for payout in a settlement period.

Why is my transaction deferred?

A transaction is deferred while an order is awaiting delivery or pending buyer payment.

The following are the deferral reasons you may see on the Transaction view page:

Delivery date policy (Orders are awaiting delivery)

Orders placed by customers on Amazon are typically subject to Delivery date-based reserve policies. Sales proceeds are reserved until we know the buyer received the order in the promised condition, and to ensure that you have enough funds to fulfill any returns, claims, or chargebacks.

Note: Previously, sales proceeds withheld through Delivery Date-Based Reserves appeared as a lump sum amount "Account-Level Reserves" on your Payments Dashboard. This is now shown as deferred transactions so that you can know exactly which orders are subject to these policies and for how long they will be reserved.

Invoiced orders (Orders are pending buyer payment)

Invoiced orders placed by Amazon Business customers are deferred while awaiting payment by the buyer. These transactions will be released after the customer completes their invoice payment, which typically occurs within 30-45 days after the order date. Note that these orders are also subject to delivery date policies, but in most cases, the invoice due date will be later than the reserve period.

We would like to hear from our sellers and gain feedback arounds this. Please leave comments below.

Tags:Bank account, Billing, Payments, Policy, Transactions
810
738 views
14 replies
Reply
14 replies
user profile
Seller_C2NiEkAU4xTGT
In reply to: Micah_Amazon's post

Personally, I think if Amazon wants to extend credit, (because let's face it, that is what a deferred transaction is) they should pay the third party seller when the item is shipped like usual and credit the funds to themselves, Amazon, when the buyer pays.

330
user profile
Seller_Jp3bg4Vcfa4r2
In reply to: Micah_Amazon's post

I wonder how many of your decision makers have every worked at a small business? In my other job I am an accountant and in my experience, most larger companies have terms of net 20 or net 30, however most small businesses have terms of due on receipt. There is a reason for that and that reason is cash flow. If you are a $1m+ company it is easier to work with a bank to even out cash flow. Small mom and pop stores do not have as many options in that regard. As for my Amazon business, so far all of my deferred transactions have been sales from businesses that have obviously been extended 30 day terms from Amazon. However, I had one that did not release for 90 days. Since we have no choice but to accept deferred transactions, Amazon needs to be cognizant of it's selling partners and realize that some small businesses cannot operate on 90 day terms. If you are requiring your selling partners to accept deferred transactions, than Amazon needs to have some regulation on it so that the partners have some more control over the planning of cash flow. 90 days is excessive.

230
user profile
Seller_4K7eqIN4GuF2E
In reply to: Micah_Amazon's post

Its a scheme where Scamazon "borrows" our money, does NOT pay us interest, creates phony negative balances so they can charge our credit cards on file to "zero" the negative out (thereby taking more of our money), and NOT have to pay interest on borrowing the money from a lender.

130
user profile
Seller_1yVLNgz7dLGHO
In reply to: Micah_Amazon's post

What Amazon does not realize is that third party sellers are in and of themselves businesses. Some of us may have employees. Some of us may be the employees. We should be able to determine what our business practices are, not Amazon. This includes our hours of operation, our shipping schedules, our return policies (especially at Christmas time), how business days are counted (we do not lose a business day for a purchase made one minute before midnight or whatever end of day period is used.) and the credit terms that we set for purchasers if we want to provide such terms. Forcing such things upon us is not fair and honestly not right. Do you provide us with an opt out on offering credit terms? If a customer does not make their payment, do you still send us our funds? If not, do you think that it is fair that you gave terms but we pay for Amazon's bad credit assessment? If you believe this generates more sales then good for Amazon but Amazon should be taking those risks and should not be forcing us to also take delays in payments for purchases made from our businesses. I also believe that major changes in business practices that are forced upon third party sellers should be clearly communicated to us via email and there should be a forum that also provide major changes and updates to third party sellers. It is clear to me that when Amazon makes such decisions, they only seem to be concerned with their bottom line and rarely seem to take into account a third party seller's bottom line. It is my understanding that William Skelly of Skelly oil company, would ask the other party in a deal they were making if that person or business was going to make money on the deal? Mr. Skelly was asked why does that matter to you? Mr. Skelly responded by stating that if you are making money and I am making money then it is more likely that we will be able to make future deals together because this deal benefits all of us. Mr. Skelly knew that if he was the only one making money then there would be no future deals. I have to wonder if Amazon cares if third party sellers are making money or not when they make such business decisions. Amazon may also want to look into the Rotary four way test and utilize that before making major decisions.

Is it the truth?

Is it fair to all concerned?

Will it build goodwill and better friendships?

Will it be beneficial to all concerned?

61
user profile
Seller_GDHNUE0mJYvka
In reply to: Micah_Amazon's post

Hi @Micah_Amazon

I have reviewed my deferred transactions. For some orders, the release date was suppose to be on 2/10. It is now 2/11. Orders were delivered on 2/3 + 7 days. Therefore, these funds should be in my available balance for my next settlement on 2/23. However, available balance is zero for next settlement. Do I need to wait until the end of the day even though its the 11th? Please advise.

30
user profile
Seller_YEx45VKRcAVGN
In reply to: Micah_Amazon's post

We are funding Amazon's business customer's credit?

Tell me how that logic works. If Amazon wants to offer their customers deferred payment fine, it does not negate Amazon's responsibility to pay their bills. Visa doesn't get to not pay a merchant on my purchases until I've made a payment to them, this is not how credit works. Hats off to Amazon's sheer lack of shame in making small businesses cover their costs.

This is one of the reasons we do not offer business discounts on this account. We are a manufacturer who actually could offer sizable business discounts on our products but we are not floating credit that we do not control. Since we do not offer this we only see a very small percentage of our sales get deferred payment.

40
user profile
Seller_7X7H0QEms8as9
In reply to: Micah_Amazon's post

In 15 years selling onAmazon I had never had an invoiced order until recently when I had two of them. It took me about 30 days and 35 days to get my money.

My biggest fear was the buyer had the merchandise all this time and what happens if they don't pay Amazon. I'm out my merchandise and my money.

20
user profile
Seller_ceS0FcXOrQ4pN
In reply to: Micah_Amazon's post

Deferred Transactions are ridiculous for small businesses under 20 employees.

30
user profile
Seller_weu5C3hytYJvl
In reply to: Micah_Amazon's post

Thief company thieving. I cannot wait till my business is at a point where I can stop selling on this garbage platform.

10
user profile
Seller_Lwycr8whwiMNZ
In reply to: Micah_Amazon's post

Splain to me why funds aren't available on the release day Micah? All funds in deferred transactions that are scheduled for release on a given day, never are. Most are released the day after the "release day". Your corrupt thieving company can't even get the thievery schedule right. It's a total disgrace. No reply necessary.

00
user profile
Micah_Amazon

What is a deferred transaction?

A deferred transaction is a transaction that will be paid out to you at a future date. Most transactions are deferred for some period of time before they are paid out.

You can view a list of your deferred transactions on the Transaction view page. On this page, select "Transaction Status" as Deferred transactions from the dropdown, and click Update to see deferral reasons and the expected payment release date for all deferred transactions. After the payment release date, transaction status will update to Released. Note that only released transactions are included for payout in a settlement period.

Why is my transaction deferred?

A transaction is deferred while an order is awaiting delivery or pending buyer payment.

The following are the deferral reasons you may see on the Transaction view page:

Delivery date policy (Orders are awaiting delivery)

Orders placed by customers on Amazon are typically subject to Delivery date-based reserve policies. Sales proceeds are reserved until we know the buyer received the order in the promised condition, and to ensure that you have enough funds to fulfill any returns, claims, or chargebacks.

Note: Previously, sales proceeds withheld through Delivery Date-Based Reserves appeared as a lump sum amount "Account-Level Reserves" on your Payments Dashboard. This is now shown as deferred transactions so that you can know exactly which orders are subject to these policies and for how long they will be reserved.

Invoiced orders (Orders are pending buyer payment)

Invoiced orders placed by Amazon Business customers are deferred while awaiting payment by the buyer. These transactions will be released after the customer completes their invoice payment, which typically occurs within 30-45 days after the order date. Note that these orders are also subject to delivery date policies, but in most cases, the invoice due date will be later than the reserve period.

We would like to hear from our sellers and gain feedback arounds this. Please leave comments below.

738 views
14 replies
Tags:Bank account, Billing, Payments, Policy, Transactions
810
Reply
user profile
Micah_Amazon

What is a deferred transaction?

A deferred transaction is a transaction that will be paid out to you at a future date. Most transactions are deferred for some period of time before they are paid out.

You can view a list of your deferred transactions on the Transaction view page. On this page, select "Transaction Status" as Deferred transactions from the dropdown, and click Update to see deferral reasons and the expected payment release date for all deferred transactions. After the payment release date, transaction status will update to Released. Note that only released transactions are included for payout in a settlement period.

Why is my transaction deferred?

A transaction is deferred while an order is awaiting delivery or pending buyer payment.

The following are the deferral reasons you may see on the Transaction view page:

Delivery date policy (Orders are awaiting delivery)

Orders placed by customers on Amazon are typically subject to Delivery date-based reserve policies. Sales proceeds are reserved until we know the buyer received the order in the promised condition, and to ensure that you have enough funds to fulfill any returns, claims, or chargebacks.

Note: Previously, sales proceeds withheld through Delivery Date-Based Reserves appeared as a lump sum amount "Account-Level Reserves" on your Payments Dashboard. This is now shown as deferred transactions so that you can know exactly which orders are subject to these policies and for how long they will be reserved.

Invoiced orders (Orders are pending buyer payment)

Invoiced orders placed by Amazon Business customers are deferred while awaiting payment by the buyer. These transactions will be released after the customer completes their invoice payment, which typically occurs within 30-45 days after the order date. Note that these orders are also subject to delivery date policies, but in most cases, the invoice due date will be later than the reserve period.

We would like to hear from our sellers and gain feedback arounds this. Please leave comments below.

Tags:Bank account, Billing, Payments, Policy, Transactions
810
738 views
14 replies
Reply
user profile

What is a deferred transaction?

by Micah_Amazon

A deferred transaction is a transaction that will be paid out to you at a future date. Most transactions are deferred for some period of time before they are paid out.

You can view a list of your deferred transactions on the Transaction view page. On this page, select "Transaction Status" as Deferred transactions from the dropdown, and click Update to see deferral reasons and the expected payment release date for all deferred transactions. After the payment release date, transaction status will update to Released. Note that only released transactions are included for payout in a settlement period.

Why is my transaction deferred?

A transaction is deferred while an order is awaiting delivery or pending buyer payment.

The following are the deferral reasons you may see on the Transaction view page:

Delivery date policy (Orders are awaiting delivery)

Orders placed by customers on Amazon are typically subject to Delivery date-based reserve policies. Sales proceeds are reserved until we know the buyer received the order in the promised condition, and to ensure that you have enough funds to fulfill any returns, claims, or chargebacks.

Note: Previously, sales proceeds withheld through Delivery Date-Based Reserves appeared as a lump sum amount "Account-Level Reserves" on your Payments Dashboard. This is now shown as deferred transactions so that you can know exactly which orders are subject to these policies and for how long they will be reserved.

Invoiced orders (Orders are pending buyer payment)

Invoiced orders placed by Amazon Business customers are deferred while awaiting payment by the buyer. These transactions will be released after the customer completes their invoice payment, which typically occurs within 30-45 days after the order date. Note that these orders are also subject to delivery date policies, but in most cases, the invoice due date will be later than the reserve period.

We would like to hear from our sellers and gain feedback arounds this. Please leave comments below.

Tags:Bank account, Billing, Payments, Policy, Transactions
810
738 views
14 replies
Reply
14 replies
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Seller_C2NiEkAU4xTGT
In reply to: Micah_Amazon's post

Personally, I think if Amazon wants to extend credit, (because let's face it, that is what a deferred transaction is) they should pay the third party seller when the item is shipped like usual and credit the funds to themselves, Amazon, when the buyer pays.

330
user profile
Seller_Jp3bg4Vcfa4r2
In reply to: Micah_Amazon's post

I wonder how many of your decision makers have every worked at a small business? In my other job I am an accountant and in my experience, most larger companies have terms of net 20 or net 30, however most small businesses have terms of due on receipt. There is a reason for that and that reason is cash flow. If you are a $1m+ company it is easier to work with a bank to even out cash flow. Small mom and pop stores do not have as many options in that regard. As for my Amazon business, so far all of my deferred transactions have been sales from businesses that have obviously been extended 30 day terms from Amazon. However, I had one that did not release for 90 days. Since we have no choice but to accept deferred transactions, Amazon needs to be cognizant of it's selling partners and realize that some small businesses cannot operate on 90 day terms. If you are requiring your selling partners to accept deferred transactions, than Amazon needs to have some regulation on it so that the partners have some more control over the planning of cash flow. 90 days is excessive.

230
user profile
Seller_4K7eqIN4GuF2E
In reply to: Micah_Amazon's post

Its a scheme where Scamazon "borrows" our money, does NOT pay us interest, creates phony negative balances so they can charge our credit cards on file to "zero" the negative out (thereby taking more of our money), and NOT have to pay interest on borrowing the money from a lender.

130
user profile
Seller_1yVLNgz7dLGHO
In reply to: Micah_Amazon's post

What Amazon does not realize is that third party sellers are in and of themselves businesses. Some of us may have employees. Some of us may be the employees. We should be able to determine what our business practices are, not Amazon. This includes our hours of operation, our shipping schedules, our return policies (especially at Christmas time), how business days are counted (we do not lose a business day for a purchase made one minute before midnight or whatever end of day period is used.) and the credit terms that we set for purchasers if we want to provide such terms. Forcing such things upon us is not fair and honestly not right. Do you provide us with an opt out on offering credit terms? If a customer does not make their payment, do you still send us our funds? If not, do you think that it is fair that you gave terms but we pay for Amazon's bad credit assessment? If you believe this generates more sales then good for Amazon but Amazon should be taking those risks and should not be forcing us to also take delays in payments for purchases made from our businesses. I also believe that major changes in business practices that are forced upon third party sellers should be clearly communicated to us via email and there should be a forum that also provide major changes and updates to third party sellers. It is clear to me that when Amazon makes such decisions, they only seem to be concerned with their bottom line and rarely seem to take into account a third party seller's bottom line. It is my understanding that William Skelly of Skelly oil company, would ask the other party in a deal they were making if that person or business was going to make money on the deal? Mr. Skelly was asked why does that matter to you? Mr. Skelly responded by stating that if you are making money and I am making money then it is more likely that we will be able to make future deals together because this deal benefits all of us. Mr. Skelly knew that if he was the only one making money then there would be no future deals. I have to wonder if Amazon cares if third party sellers are making money or not when they make such business decisions. Amazon may also want to look into the Rotary four way test and utilize that before making major decisions.

Is it the truth?

Is it fair to all concerned?

Will it build goodwill and better friendships?

Will it be beneficial to all concerned?

61
user profile
Seller_GDHNUE0mJYvka
In reply to: Micah_Amazon's post

Hi @Micah_Amazon

I have reviewed my deferred transactions. For some orders, the release date was suppose to be on 2/10. It is now 2/11. Orders were delivered on 2/3 + 7 days. Therefore, these funds should be in my available balance for my next settlement on 2/23. However, available balance is zero for next settlement. Do I need to wait until the end of the day even though its the 11th? Please advise.

30
user profile
Seller_YEx45VKRcAVGN
In reply to: Micah_Amazon's post

We are funding Amazon's business customer's credit?

Tell me how that logic works. If Amazon wants to offer their customers deferred payment fine, it does not negate Amazon's responsibility to pay their bills. Visa doesn't get to not pay a merchant on my purchases until I've made a payment to them, this is not how credit works. Hats off to Amazon's sheer lack of shame in making small businesses cover their costs.

This is one of the reasons we do not offer business discounts on this account. We are a manufacturer who actually could offer sizable business discounts on our products but we are not floating credit that we do not control. Since we do not offer this we only see a very small percentage of our sales get deferred payment.

40
user profile
Seller_7X7H0QEms8as9
In reply to: Micah_Amazon's post

In 15 years selling onAmazon I had never had an invoiced order until recently when I had two of them. It took me about 30 days and 35 days to get my money.

My biggest fear was the buyer had the merchandise all this time and what happens if they don't pay Amazon. I'm out my merchandise and my money.

20
user profile
Seller_ceS0FcXOrQ4pN
In reply to: Micah_Amazon's post

Deferred Transactions are ridiculous for small businesses under 20 employees.

30
user profile
Seller_weu5C3hytYJvl
In reply to: Micah_Amazon's post

Thief company thieving. I cannot wait till my business is at a point where I can stop selling on this garbage platform.

10
user profile
Seller_Lwycr8whwiMNZ
In reply to: Micah_Amazon's post

Splain to me why funds aren't available on the release day Micah? All funds in deferred transactions that are scheduled for release on a given day, never are. Most are released the day after the "release day". Your corrupt thieving company can't even get the thievery schedule right. It's a total disgrace. No reply necessary.

00
user profile
Seller_C2NiEkAU4xTGT
In reply to: Micah_Amazon's post

Personally, I think if Amazon wants to extend credit, (because let's face it, that is what a deferred transaction is) they should pay the third party seller when the item is shipped like usual and credit the funds to themselves, Amazon, when the buyer pays.

330
user profile
Seller_C2NiEkAU4xTGT
In reply to: Micah_Amazon's post

Personally, I think if Amazon wants to extend credit, (because let's face it, that is what a deferred transaction is) they should pay the third party seller when the item is shipped like usual and credit the funds to themselves, Amazon, when the buyer pays.

330
Reply
user profile
Seller_Jp3bg4Vcfa4r2
In reply to: Micah_Amazon's post

I wonder how many of your decision makers have every worked at a small business? In my other job I am an accountant and in my experience, most larger companies have terms of net 20 or net 30, however most small businesses have terms of due on receipt. There is a reason for that and that reason is cash flow. If you are a $1m+ company it is easier to work with a bank to even out cash flow. Small mom and pop stores do not have as many options in that regard. As for my Amazon business, so far all of my deferred transactions have been sales from businesses that have obviously been extended 30 day terms from Amazon. However, I had one that did not release for 90 days. Since we have no choice but to accept deferred transactions, Amazon needs to be cognizant of it's selling partners and realize that some small businesses cannot operate on 90 day terms. If you are requiring your selling partners to accept deferred transactions, than Amazon needs to have some regulation on it so that the partners have some more control over the planning of cash flow. 90 days is excessive.

230
user profile
Seller_Jp3bg4Vcfa4r2
In reply to: Micah_Amazon's post

I wonder how many of your decision makers have every worked at a small business? In my other job I am an accountant and in my experience, most larger companies have terms of net 20 or net 30, however most small businesses have terms of due on receipt. There is a reason for that and that reason is cash flow. If you are a $1m+ company it is easier to work with a bank to even out cash flow. Small mom and pop stores do not have as many options in that regard. As for my Amazon business, so far all of my deferred transactions have been sales from businesses that have obviously been extended 30 day terms from Amazon. However, I had one that did not release for 90 days. Since we have no choice but to accept deferred transactions, Amazon needs to be cognizant of it's selling partners and realize that some small businesses cannot operate on 90 day terms. If you are requiring your selling partners to accept deferred transactions, than Amazon needs to have some regulation on it so that the partners have some more control over the planning of cash flow. 90 days is excessive.

230
Reply
user profile
Seller_4K7eqIN4GuF2E
In reply to: Micah_Amazon's post

Its a scheme where Scamazon "borrows" our money, does NOT pay us interest, creates phony negative balances so they can charge our credit cards on file to "zero" the negative out (thereby taking more of our money), and NOT have to pay interest on borrowing the money from a lender.

130
user profile
Seller_4K7eqIN4GuF2E
In reply to: Micah_Amazon's post

Its a scheme where Scamazon "borrows" our money, does NOT pay us interest, creates phony negative balances so they can charge our credit cards on file to "zero" the negative out (thereby taking more of our money), and NOT have to pay interest on borrowing the money from a lender.

130
Reply
user profile
Seller_1yVLNgz7dLGHO
In reply to: Micah_Amazon's post

What Amazon does not realize is that third party sellers are in and of themselves businesses. Some of us may have employees. Some of us may be the employees. We should be able to determine what our business practices are, not Amazon. This includes our hours of operation, our shipping schedules, our return policies (especially at Christmas time), how business days are counted (we do not lose a business day for a purchase made one minute before midnight or whatever end of day period is used.) and the credit terms that we set for purchasers if we want to provide such terms. Forcing such things upon us is not fair and honestly not right. Do you provide us with an opt out on offering credit terms? If a customer does not make their payment, do you still send us our funds? If not, do you think that it is fair that you gave terms but we pay for Amazon's bad credit assessment? If you believe this generates more sales then good for Amazon but Amazon should be taking those risks and should not be forcing us to also take delays in payments for purchases made from our businesses. I also believe that major changes in business practices that are forced upon third party sellers should be clearly communicated to us via email and there should be a forum that also provide major changes and updates to third party sellers. It is clear to me that when Amazon makes such decisions, they only seem to be concerned with their bottom line and rarely seem to take into account a third party seller's bottom line. It is my understanding that William Skelly of Skelly oil company, would ask the other party in a deal they were making if that person or business was going to make money on the deal? Mr. Skelly was asked why does that matter to you? Mr. Skelly responded by stating that if you are making money and I am making money then it is more likely that we will be able to make future deals together because this deal benefits all of us. Mr. Skelly knew that if he was the only one making money then there would be no future deals. I have to wonder if Amazon cares if third party sellers are making money or not when they make such business decisions. Amazon may also want to look into the Rotary four way test and utilize that before making major decisions.

Is it the truth?

Is it fair to all concerned?

Will it build goodwill and better friendships?

Will it be beneficial to all concerned?

61
user profile
Seller_1yVLNgz7dLGHO
In reply to: Micah_Amazon's post

What Amazon does not realize is that third party sellers are in and of themselves businesses. Some of us may have employees. Some of us may be the employees. We should be able to determine what our business practices are, not Amazon. This includes our hours of operation, our shipping schedules, our return policies (especially at Christmas time), how business days are counted (we do not lose a business day for a purchase made one minute before midnight or whatever end of day period is used.) and the credit terms that we set for purchasers if we want to provide such terms. Forcing such things upon us is not fair and honestly not right. Do you provide us with an opt out on offering credit terms? If a customer does not make their payment, do you still send us our funds? If not, do you think that it is fair that you gave terms but we pay for Amazon's bad credit assessment? If you believe this generates more sales then good for Amazon but Amazon should be taking those risks and should not be forcing us to also take delays in payments for purchases made from our businesses. I also believe that major changes in business practices that are forced upon third party sellers should be clearly communicated to us via email and there should be a forum that also provide major changes and updates to third party sellers. It is clear to me that when Amazon makes such decisions, they only seem to be concerned with their bottom line and rarely seem to take into account a third party seller's bottom line. It is my understanding that William Skelly of Skelly oil company, would ask the other party in a deal they were making if that person or business was going to make money on the deal? Mr. Skelly was asked why does that matter to you? Mr. Skelly responded by stating that if you are making money and I am making money then it is more likely that we will be able to make future deals together because this deal benefits all of us. Mr. Skelly knew that if he was the only one making money then there would be no future deals. I have to wonder if Amazon cares if third party sellers are making money or not when they make such business decisions. Amazon may also want to look into the Rotary four way test and utilize that before making major decisions.

Is it the truth?

Is it fair to all concerned?

Will it build goodwill and better friendships?

Will it be beneficial to all concerned?

61
Reply
user profile
Seller_GDHNUE0mJYvka
In reply to: Micah_Amazon's post

Hi @Micah_Amazon

I have reviewed my deferred transactions. For some orders, the release date was suppose to be on 2/10. It is now 2/11. Orders were delivered on 2/3 + 7 days. Therefore, these funds should be in my available balance for my next settlement on 2/23. However, available balance is zero for next settlement. Do I need to wait until the end of the day even though its the 11th? Please advise.

30
user profile
Seller_GDHNUE0mJYvka
In reply to: Micah_Amazon's post

Hi @Micah_Amazon

I have reviewed my deferred transactions. For some orders, the release date was suppose to be on 2/10. It is now 2/11. Orders were delivered on 2/3 + 7 days. Therefore, these funds should be in my available balance for my next settlement on 2/23. However, available balance is zero for next settlement. Do I need to wait until the end of the day even though its the 11th? Please advise.

30
Reply
user profile
Seller_YEx45VKRcAVGN
In reply to: Micah_Amazon's post

We are funding Amazon's business customer's credit?

Tell me how that logic works. If Amazon wants to offer their customers deferred payment fine, it does not negate Amazon's responsibility to pay their bills. Visa doesn't get to not pay a merchant on my purchases until I've made a payment to them, this is not how credit works. Hats off to Amazon's sheer lack of shame in making small businesses cover their costs.

This is one of the reasons we do not offer business discounts on this account. We are a manufacturer who actually could offer sizable business discounts on our products but we are not floating credit that we do not control. Since we do not offer this we only see a very small percentage of our sales get deferred payment.

40
user profile
Seller_YEx45VKRcAVGN
In reply to: Micah_Amazon's post

We are funding Amazon's business customer's credit?

Tell me how that logic works. If Amazon wants to offer their customers deferred payment fine, it does not negate Amazon's responsibility to pay their bills. Visa doesn't get to not pay a merchant on my purchases until I've made a payment to them, this is not how credit works. Hats off to Amazon's sheer lack of shame in making small businesses cover their costs.

This is one of the reasons we do not offer business discounts on this account. We are a manufacturer who actually could offer sizable business discounts on our products but we are not floating credit that we do not control. Since we do not offer this we only see a very small percentage of our sales get deferred payment.

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Seller_7X7H0QEms8as9
In reply to: Micah_Amazon's post

In 15 years selling onAmazon I had never had an invoiced order until recently when I had two of them. It took me about 30 days and 35 days to get my money.

My biggest fear was the buyer had the merchandise all this time and what happens if they don't pay Amazon. I'm out my merchandise and my money.

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Seller_7X7H0QEms8as9
In reply to: Micah_Amazon's post

In 15 years selling onAmazon I had never had an invoiced order until recently when I had two of them. It took me about 30 days and 35 days to get my money.

My biggest fear was the buyer had the merchandise all this time and what happens if they don't pay Amazon. I'm out my merchandise and my money.

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Seller_ceS0FcXOrQ4pN
In reply to: Micah_Amazon's post

Deferred Transactions are ridiculous for small businesses under 20 employees.

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Seller_ceS0FcXOrQ4pN
In reply to: Micah_Amazon's post

Deferred Transactions are ridiculous for small businesses under 20 employees.

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Seller_weu5C3hytYJvl
In reply to: Micah_Amazon's post

Thief company thieving. I cannot wait till my business is at a point where I can stop selling on this garbage platform.

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Seller_weu5C3hytYJvl
In reply to: Micah_Amazon's post

Thief company thieving. I cannot wait till my business is at a point where I can stop selling on this garbage platform.

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Seller_Lwycr8whwiMNZ
In reply to: Micah_Amazon's post

Splain to me why funds aren't available on the release day Micah? All funds in deferred transactions that are scheduled for release on a given day, never are. Most are released the day after the "release day". Your corrupt thieving company can't even get the thievery schedule right. It's a total disgrace. No reply necessary.

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Seller_Lwycr8whwiMNZ
In reply to: Micah_Amazon's post

Splain to me why funds aren't available on the release day Micah? All funds in deferred transactions that are scheduled for release on a given day, never are. Most are released the day after the "release day". Your corrupt thieving company can't even get the thievery schedule right. It's a total disgrace. No reply necessary.

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