Try Flexible Customer Financing to enable interest-free instalment payment for customers

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News_Amazon

Try Flexible Customer Financing to enable interest-free instalment payment for customers

With Flexible Customer Financing (FCF), you can enable customers to purchase your eligible products with 3 to 48 equal monthly instalments without interest cost on Amazon.co.uk.

Flexible Customer Financing is available for your physical products in stock on Amazon.co.uk with a price range of £80 - £3000. However, for products priced below £100, interest-free payments will only be enabled if the total amount of a customer’s order is at least £100.

Amazon will not charge you the programme fee before June 1, 2023.

To find the FCF programme in Seller Central, go to Growth, select Explore programmes and then select Increase conversion under All Programmes.

For more information on this programme, go to these help pages:

Flexible Customer Financing (FCF) Terms and Conditions

Flexible Customer Financing for sellers selling on Amazon.co.uk

Access the programme directly on Seller Central.

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Seller_j7UlCowZz6aOF

I do have goods that would retail for up to £3000 but there is no way I would consider even listing them on Amazon where a click of a button by a customer would end with a £3000 loss. Even If I changed my mind (I will not) I would not be willing to wait 4 years for full payment and worse still pay Amazon extra fees for the 4 year wait.
I had to check today’s date when reading this as I thought it may still be April 1st

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Seller_vIpv9uvBH6CFY

I already have german customers waiting 2 months to pay for a £5 pound item with the ‘pay by invoice’ rip-off program, where I don’t get paid for months and amazon takes the earned interest off me. The last thing I need is for them to buy 20 of these items and spend decades paying it off.

I think these programs need looking into, because amazon is essentially just using frozen sellers funds as interest earners for themselves. How is this not misappropriation of funds? It’s no different than that bitcoin scandal where they were using customers’ money for their own investments.

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