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With the announcement of Amazon's peak season warehousing time and event nodes, sellers are fully preparing for the holiday shopping season. However, Amazon's turmoil has not stopped recently. After the collective incident of over-deduction of commissions by sellers, another wave of sellers received warning emails from Amazon for fake orders. Some sellers even reported that they were punished by Amazon for fake orders many years ago and their accounts were banned. Not only that, recently, Amazon’s backend updated a new feature, which attracted the attention of many sellers. Cross-border navigation , Amazon payment account policy changes, North American sellers can activate backup accounts! #Amazon##Cross-border headlines#Cross-border e-commerce video account ▲ Video account focuses on cross-border navigation Latest changes: Amazon can add two payment accounts It is learned that Amazon has updated the following message in the seller backend: In addition to the seller's default deposit method, you can also activate 1 other account for Amazon.com. You can also switch freely between these 2 valid bank accounts without being restricted by the three-day retention period. In other words, Amazon sellers’ accounts can be bound to two payment cards at the same time. This new change is currently only effective on the US site, and other sites have not yet been updated. If the seller needs to open an Amazon second payment account, he can select "Add new deposit method" in the Amazon account background, select the bound site, and fill in the bank account information for receiving payments according to the information provided by the payment company. According to the "Payment Provider Program" officially launched by Amazon on March 1, 2021, sellers can choose payment service providers participating in this program as service providers to open a second payment account. Opening a second payment account on Amazon is equivalent to giving sellers two payment accounts on Amazon. Sellers can flexibly choose a more convenient and affordable payment account. However, many sellers are still waiting and watching for this new change. After all, the payment account is related to the survival of the account, and Amazon's review is "like a wolf and a tiger", so sellers dare not easily test it. What impact does having an additional payment account have on sellers? So what impact does this change have on sellers? In general, it is a mixed bag. On the one hand, by binding two payment accounts at the same time, sellers can have an extra option for their payment information. In this way, if their payment account needs to be changed for some reason, they do not need to change the payment information, but can add a payment account. This is more convenient and safer. A MZ123 learned that the payment account is closely related to the Amazon account review. If the payment account is changed at will, it is likely to trigger a second review and endanger the account security. If a backup account can be added, it will help sellers to spread risks and avoid problems caused by multiple accounts being tied to the same payment account. On the other hand, some sellers also said that the introduction of this function makes it easier for hackers to steal accounts and transfer funds . By canceling the three-day protection period limit, there is no need to be subject to the operational restrictions of not changing any data and information within three days. It is more convenient for sellers to sell accounts and there is no need to change cards frequently. In addition, sellers are also concerned about whether there are any specific restrictions when switching between the default account and the backup account, and whether it will trigger relevant audits. According to sellers, some sellers have opened a second account, but some sellers have triggered a second review due to improper operation. So if the seller wants to open a second account, how can he maximize the security and stability of the account and avoid triggering a second review? According to relevant analysis, when sellers bind an Amazon second payment account, they must choose Amazon payment service providers and operate with caution. According to observations, as soon as the news came out, many payment service providers responded quickly, and their purpose was very clear, which was to seize the market and become the second payment option for sellers. At the same time, some sellers also said that Amazon’s change may be to launch its own payment method. Although Amazon has not made any explanation on this, it is recommended that sellers observe market trends first, operate with caution, and avoid triggering audits due to improper operations.
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