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

We have launched Flexible Customer Financing (FCF) on Amazon.co.uk. With this, 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.uk with a price range of £80-£3,000. 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 and select Explore 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_aOogeQQcgrYam

Oh my word, have you seen the fees that Amazon are charging for this feature!

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So, up to 23.7% on top of the existing Amazon seller and FBA fees! Wow.If only we actually made 23% margin on anything we sell here! Suffice to say that we won’t be enabling this.

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Seller_aOogeQQcgrYam

Well that’s good news at least.

But this smacks of being similar to the 30 day pay by invoice period automatically enabled for business purchasers. These are Amazon-driven features that should be funded by Amazon out of their standard seller fees, not charged to marketplace sellers at additional cost.

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Seller_Nprc5XWvdLYk9

and if a customer cancels or is refunded otherwise during the loan term - are the fees still payable on the cancelled/refunded transaction?

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