Is Amazon's payment pure profit? How to withdraw cash?

For Amazon merchants, once a consumer places an order after opening a store, they need to ship the goods. If the consumer does not confirm receipt, it may be difficult to get the money back. So is Amazon's payment pure profit? The following content will introduce it to you.

Is Amazon’s payment return pure profit?

Amazon's payment is not pure profit.

How to withdraw money?

After a product order is completed, the platform will transfer the funds to the seller's payment account 14 days after the order is completed, which means that it will only be transferred twice a month; and the store owner can only withdraw cash after the platform has transferred the funds.

After the payment is made, it will take 1-3 days for the money to arrive in the account. The arrival time is determined by the binding method. For example, Pay takes about 1-2 days after withdrawal, World takes about 2-3 days, Pingp is faster, and the fastest arrival time is 1 working day, so it depends on the method you choose.

How much is the withdrawal fee?

A withdrawal fee is required, and the specific amount depends on the delivery method chosen by the merchant.

Here are the main payment methods and their fees:

pay: The rate is 1.2% or lower

world: fee is 1%

Ping: up to 1%

Lianlian: The fee is only 0.7%

Asia Global Collection: Fees as low as 0.4% and as high as 0.9%

Note:

Just make sure that the withdrawal account is consistent with the registered account, especially for corporate accounts. The requirement is to withdraw funds to a public account. Some payment methods also support payment to the legal person's bank card. You can choose according to the rules of each payment account and actual situation.

To check whether the withdrawal is successful, you can check the receiving account, or check whether the withdrawal card has been credited. If it has not been credited within the time limit, you need to contact the customer service of the receiving account to see what the reason is to avoid difficulties in turnover. If you have any questions, ask them in advance.

It is recommended that you withdraw your account funds in time, because if your account is blocked, it will affect your account withdrawal. Therefore, you must follow the normal account withdrawal process. If you do not withdraw your funds for a long time, there will actually be risks. Therefore, try to withdraw your funds when you can.

Cash withdrawals on the Amazon platform include profits, but not just profits. The final profit must be deducted from various costs to obtain the remaining portion, so if you really want to talk about profits, it is recommended that you do the math carefully. After all, there are many costs involved in collecting payments.

Recommended reading:

How to transfer Amazon products? How much does it cost?

Can the main company of Amazon store be changed? How to do it?

Can Amazon ship without VAT? How to do it?