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If a valid UIN is not submitted, Amazon will withhold and pay the EPR
If a valid UIN is not submitted, Amazon will withhold and pay the EPR
07/30/2022
Sellers seize Amazon's popular trends to adjust store strategy
Sellers seize Amazon's popular trends to adjust store strategy
07/30/2022

Amazon SellerWallet adds seller wallet tool to Amazon US

07/30/2022
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  • Cross-border e-commerce
Amazon SellerWallet adds seller wallet tool to Amazon US

Amazon has released a new policy again! As one of the largest cross-border e-commerce platforms in the world, Amazon's every move has attracted much attention.

Recently, Amazon US released an announcement announcing the launch of a new Amazon Seller Wallet tool for sellers. The purpose is to make it easier for sellers to manage account funds and provide sellers with a simplified Amazon global sales experience.

It is reported that this secure payment solution allows sellers to hold, view and transfer any amount of sales proceeds directly to the seller’s local bank account on a schedule, all within Seller Central. There are no fees or minimums required to sign up for Amazon Seller Wallet, and access is free. Sellers with international bank accounts can exchange U.S. dollars into 19 supported currencies and charge fees for converting and transferring international transactions.

Amazon Seller Wallet

Highlights:

● Through the seller's wallet, the sales proceeds can be directly held, viewed and transferred to the local bank account;

● Sellers who are invited to use the "Amazon Seller Wallet" can use the seller's wallet for free;

● Amazon will charge currency conversion and international transfer fees based on the sale.

Amazon Seller Wallet is currently only available to select sellers by invitation. Over time, Amazon will gather feedback to continuously improve the tool and looks forward to making it available to more sellers in the coming months.

Write at the end:

In my opinion, Amazon Seller Wallet is a new tool to look forward to for dedicated Amazon-operated international sellers, which means that third-party sellers on Amazon can gain more control over the management of their own funds. Many sellers said: Hurry up to implement the policy, can't wait! Most sellers hope that Amazon can do better when it officially launches the tool.

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