The following terms supplement the seller agreement of sellers that are eligible to participate in the Get Paid Faster Services. Sellers who are eligible can enrol for the service via the ‘Invoice Payment Settings’ option available on the Account info page. The Get Paid Faster service provides an option to accelerate the application of sales proceeds from invoiced orders to your available balance:
Election: Sales proceeds from invoiced orders are normally credited to your available balance on or before the fifteenth day following the applicable invoice due date. You may elect, in the manner we designate, to accelerate the application of certain sales proceeds for invoiced orders (net of applicable fees) to your available balance (subject to applicable reserve policy) by activating the Get Paid Faster service. Once activated, your election to use the Get Paid Faster Service will apply to all future invoiced orders until you deactivate it.
Fees: In exchange for the accelerated application of Sales Proceeds to your available balance, a processing fee of 1.5% will be applied to all related Sales Proceeds. This processing fee will be in addition to any other fees payable to Amazon or its affiliates under your seller agreement, and will be paid to Amazon Services Europe Sarl.
Remittance schedule: We will remit your available balance to you, including any sales proceeds applied on an accelerated basis, in accordance with the provisions of the Amazon Payments UK – Selling On Amazon Payments User Agreement here.
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