Interpretation of Amazon’s new policy: the payment collection pilot program is officially launched!

When all sellers are preparing for Christmas,

At this time, Amazon suddenly came with good news.

When the seller receives this email from the official,

Congratulations on being selected to join the Faster Payments Pilot Program.

The email also mentioned:

“Starting from December 16, 2021,

The seller's sales revenue from all confirmed orders,

Will be available for three days after actual shipment date.”

Let’s take the simplest example:

“If the seller ships on January 1,

The actual delivery date is January 5th.

The proceeds from the sales will then be paid out starting January 9.”

To sum it up:

Sellers can shorten the payment period to about 3 days.

This news is undoubtedly a big news for all sellers who are short of funds.

You can relax yourself instantly.

Many people will ask why they didn’t receive it.

Because this is a new policy,

Amazon is only doing this as a pilot.

Not all sellers will receive emails and participate in this program.

The official has not yet clarified the specific standards.

But usually I can receive emails.

Priority is given to those with good order volume and good account performance.

And this policy seems to be only open to FBA sellers.

Whatever the reason,

This is a very good thing for sellers.

Because Amazon's internal fees account for an increasing proportion,

Amazon gets about one-third of the seller’s revenue on average.

This is becoming the biggest cost of third-party sellers' business.

Funds are the biggest soul of a store.

This policy can give many sellers some relief.

The payment cycle was shortened to 3 days.

It can be more flexible in supply chain management.

However, how will this policy change later?

Further observation is needed.

To learn more about the new policy,