Find out the story behind Optimal Workshop’s NZ$10m investment 🚀   Read More

MAG My Amazon Guy logo capitalized

Payment Terms for Amazon Sellers

How Long Does it Take to Get Paid by Amazon?

The short answer is: Professional sellers are paid bi-weekly, while Individual sellers get paid weekly, but the time between an individual marketplace sale transaction and the deposit of funds for that sale can be as short as one day if the sale happens on the settlement day.
When are Payments Made to Professional Sellers?
  • Amazon makes payments to professional sellers every two weeks.
  • Each settlement period is 14 days for sale transactions that shipped up until the cutoff time (for me, it’s 4pm every other Saturday, and the finds show up in my account following Monday).
  • Positive balances are made via ACH transfer with the bank account on file.
  • Negative balances are settled via the credit card on file.
  • Payment holds and unavailable balances are less likely on a professional account, and typically have to do with performance issues.

When are Payments Made to Individual Sellers? 

  • The payment schedule for individual sellers is more complicated.
  • When an order is placed on Amazon and confirmed as shipped, the proceeds from this order will be placed on hold for 14 days.
  • Once 14 days have passed (and there are no issues with the order such as an A-Z claim, etc) the balance will move to the next applicable disbursement date.
  • For example: Order 123 was placed on 12/25 for a total of $50.00. The order is confirmed shipped on 12/27. The funds will be on reserve for 14 days from 12/27. (Until 1/10). The next disbursement date is 1/24. Payment from Order 123 is received on 1/24.

How Does a Seller Find Their Next Settlement Date?

  1. Go to the Seller Central Home Page.
  2. To to your Payments Summary Box – Click on the Number next to Balance.
How Long Does it Take to Get Paid by Amazon 3. This page will let you know what date the next transfer is suppose to initiate on. How Long Does it Take to Get Paid by Amazon

How Long does it Take for Amazon to Pay Sellers?

Professional sellers are paid bi-weekly, while Individual sellers get paid weekly, but the time between an individual marketplace sale transaction and the deposit of funds for that sale can be as short as one day if the sale happens on the settlement day.

Want traffic conversion tips?

I was fortunate to be part of MAG's first batch of its Advertising Internship Program. The timing was perfect for me as I was looking for an opportunity to learn more about Amazon PPC and at the same time to have hands-on training to work on accounts.  

 

When I started my internship, I listed down the things I wanted to learn. And I am happy to say that I've ticked all the boxes! My most favorite was "Optimization Using Bulk Files”. Bulk files and I, we did not get along at first, it was so scary seeing all those data! But I had a great mentor who guided me along the way. He patiently taught me step by step on how to process the data. He was very enthusiastic in answering all of my questions. He supported me until I gained the confidence in uploading my first, second, third (and so on) bulk uploads. 

 

The biggest advantage in working with MAG (and I must say one thing that I always look forward to every week) is its Weekly Ads Training. Every week, we discuss various topics about PPC. Interns/Ads Specialists/Ads Managers, we all share knowledge, information, and updates about PPC. During our discussions, we exchange ideas and feedback. It became an avenue not just to learn a skill, but also to clear any vague or ambiguous PPC topics. 

 

For me, the biggest disadvantage is the work schedule. As an Intern, I have to follow EST timing. The time difference from my location was only 8 hours, but being a morning person, I really struggled to keep myself awake. But if you are a night owl, then this will not be a problem for you.

 

So if you are considering joining the MAG Advertising Internship Program, my advice to you is to take action - APPLY NOW! The knowledge that you will gain and the skill that you will develop from this program will be invaluable. And who knows? From being an Intern, you might be the next one to be promoted as Jr. Ads Specialist! 

Maria Victoria Piedad