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Amazon Seller Wallet: a new way to manage and transfer funds from Seller Central

by News_Amazon

We’re excited to introduce Amazon Seller Wallet: a new tool to simplify the Amazon global selling experience.

This secure payment solution makes it easy and hassle-free to hold, view, and disburse any amount of sales proceeds directly to your local bank account on your schedule, all within Seller Central.

There's no cost or minimum amount required to enroll in Amazon Seller Wallet, and access is free. Sellers with international bank accounts can convert US dollars into one of 19 supported currencies, with volume-based international transaction fees to convert and transfer funds.

Amazon Seller Wallet is currently available to a select number of Amazon.com sellers by invitation only. We’ll collect feedback to refine the tool over time, and look forward to offering it to more sellers in the coming months.

Contact us for more information.

Tags: News and Announcements
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Seller_2sSWhvyZsq56v
In reply to: News_Amazon's post

Have a chart?

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Seller_T5Mv3ZCUSh7Zl
In reply to: News_Amazon's post

Oh my, what could possibly go wrong?

Sounds like a great tool! Can’t wait for others to try it and work the bugs out!

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Seller_cu1Lr54OxusWw
In reply to: News_Amazon's post

Not even a link to info on how it works? By invitation only?

This is not a helpful thing to post at this point. JMO

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Seller_3NvT4P2ouRoEb
In reply to: News_Amazon's post

So we can use this to get daily payouts again?

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Seller_pF4OOz8BJARoQ
In reply to: News_Amazon's post

Please, We really need this. Paying these third-party percentages is really high for us. We need Amazon to do this transfer directly to our USD account.
I can’t wait.

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Seller_qnZXmFAgHxi82
In reply to: News_Amazon's post

I’m with The_Sawle_Mill, what could possibly go wrong? LOL

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Seller_2oNBnUas7pzQ2
In reply to: News_Amazon's post
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Seller_tsupfvd6uH9Dh
In reply to: News_Amazon's post

Okay… so if we are a US based seller with a US bank account, what use is this? Very confused!

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Seller_Hi7wbO2Kbo6bl
In reply to: News_Amazon's post

This is the part where you insert “neener neener

Seriously – invite who you want, explain it to them. Then if you are going to allow others, make the announcement.

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Seller_8pKBqjeWUpGuP
In reply to: News_Amazon's post

This may be a good tool to mitigate potential damage caused by erroneous suspensions. A fee, if any, could be considered seller insurance against Amazon locking an account and indefinitely holding funds. We have perfect metrics but the risk is real on this platform. Especially with larger sellers.

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