What is Amazon payment collection? How to speed up payment collection?

Amazon newbies don’t have a thorough understanding of many of Amazon’s exclusive terms. So, when someone asks about Amazon’s payment collection, some people actually don’t really understand what it means. So what exactly does this payment collection mean? We also need to explain it to everyone.

1. Amazon payment collection

The so-called payment back refers to the part of the money that merchants get from the platform after the transaction on the platform. Ya will withhold a proportion of the money based on the account performance and order performance, which is equivalent to withholding it on the platform, because it is necessary to ensure that the order is completed normally, the goods are received, and there are no refunds or claims during the return period.

Otherwise, all the money has been withdrawn, and when the buyer asks for a refund, the platform will have to pay for it itself, so any platform will hold back money.

2. How to speed up the collection of payment?

1. Actively increase the unit price and conversion rate. The unit price is related to the total sales. The unit price of the product is not unchangeable. We can increase the price volatilely according to the ranking.

If the ranking is stable, you can increase the price slightly, and observe the orders and ranking at the same time. If it is stable for 2-3 days and there is no impact, you can increase the price again. At the same time, you should also pay attention to the conversion rate. A good conversion rate is matched with a high average order value.

Factors affecting conversion: title, picture, price, delivery method, five-point description, category, video, comments, inventory quantity, etc.

2. Reduce the refund rate. For every 1% reduction, the collection rate will increase by 1%. Actively analyze the reasons and find out the optimization points. You can use the [Return Order] function to help us quickly analyze the reasons for returns and find the main reasons for returns and actively respond and optimize based on our own situation.

3. Inventory claims: proactively check inventory status. If there is any loss of inventory, actively file a claim with Ya. When the store's sales are up, the claims may also be a significant income.

3. How to collect payment?

Usually the payment platform is pipong account, which is similar to alipay platform. Later payments are all made through the payment platform, which is equivalent to foreign payee. You bind your payee card and store to the payee. Cash withdrawals are made in euros or dollars to payee, and then the cash is withdrawn to the card. There is no fee.

After that, please send a message every two weeks:

1. The balance should not be less than 25 yuan. Commissions and refunds (if any) will affect the balance.

2.In the platform, enter the valid account information in China. For more information, please refer to Account Information. After completion, the Asia Club will publish the report in the "Report" section of the background and deposit the income into the account through transfer.

It will take 6-10 days from the time of transfer to reach your account. Please note: Holidays will affect the transfer and the arrival of funds will be delayed by 6-10 days.

Amazon repayments refer to the part of the money that users can get from the platform after a transaction on the platform. Of course, repayments are also made in all cycles. However, the amount of repayments may not be the same each time. It depends on the specific situation. If your performance is good, the amount of repayments will be higher.