When does Amazon start withholding payments? When does it start deducting monthly rent?

When does Amazon start withholding payments? When does it start deducting monthly rent?

Amazon is a well-known cross-border e-commerce platform. In order to ensure the safety and smoothness of transactions, Amazon will have certain regulations and operations on the payment methods of buyers and sellers. So, when does Amazon start withholding payments?

1. When does Amazon start withholding payments?

For buyers, if they pay by credit card, Amazon will pre-authorize the payment from the buyer's credit card before the order is ready and officially shipped. This pre-authorization deduction is only to confirm the validity and balance of the buyer's credit card, and will not be actually credited to the account.

After the goods are officially shipped, Amazon will request payment from the bank and the transaction will be recorded. Therefore, buyers do not have to worry about being deducted twice, there is only one real deduction.

For sellers, if they sign up for a professional selling plan, Amazon will charge a monthly fee of $39.99. This monthly fee is deducted for the first time when the seller registers an account, and then deducted on the same day of each month.

For example, if a seller signs up for a professional selling plan on January 15, they will have to pay $39.99 on that day, and $39.99 on the 15th of each subsequent month. If the seller cancels the professional selling plan in a certain month, the monthly fee for that month still needs to be paid.

2. When does Amazon start deducting monthly rent?

Amazon Prime is a paid service that provides many benefits and privileges, such as free express delivery, video and music streaming, e-book lending, etc.

The monthly fee for Amazon membership is 99 yuan, and the annual fee is 588 yuan. If you want to become an Amazon member, you can choose to pay monthly or annually.

According to Amazon's official statement, the monthly rent for Amazon members is deducted on the first day of each natural month. That is to say, if you sign up for Amazon members on January 15, your first monthly rent will be deducted on February 1.

If you sign up for Amazon Prime on February 28, your first monthly rent will be deducted on March 1. And so on, 99 yuan will be deducted from your linked bank card or Alipay account on the first day of each month.

If you want to cancel Amazon membership, you can do so at any time on the Amazon website or mobile app. After cancellation, your membership service will expire at the end of the month and no monthly fee will be deducted for the next month. If you have already paid the annual fee, you will get a refund for the remaining time after cancellation.

On the Amazon platform, whether you are a seller or a user, you don’t have to worry about being deducted twice, because under normal circumstances, there is only one actual deduction.

Recommended reading:

How does Amazon close pre-sales? How to do it?

Are there any requirements for Amazon brand sellers? What are the characteristics?

How to open a store on Amazon?

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