Check your Payment Service Provider before May 31, 2021
On Feb 1, 2021, we launched the Payment Service Provider Program to enhance our ability to detect, prevent, and take actions against potential bad actors so we can continue to protect you and customers from fraud and abuse.
If you use a payment service provider (PSP) to receive your Amazon store sales proceeds, you must use a PSP that participates in the programme.
From May 31, 2021, if you use a bank account from a non-participating PSP, you will be subject to a longer disbursement reserve period of up to 21 days after the latest estimated delivery date.
If you use a bank account issued by a deposit-taking bank, or a participating PSP (see list here), no action is required.
We?re working diligently to enrol more qualified PSPs into the programme. To view the list of PSPs that have met our requirements for provisional enrolment, and to find out more, go to Updates regarding Payment Service Provider Program.
We?ll update the list on a weekly basis.
0 replies
Seller_M2qCVRnuZiT7G
Hi guys,
Does Starling Bank on the list of PSP?! Many Thanks…
Seller_Qrqi3Gr1D0qyY
Can anyone advice me if it’s mandatory to asign deposit methods to all EU marketplaces even if I don’t have any active listings there and I do not send any orders internationaly? I only have my UK bussiness bank account asigned to UK marketplace as a deposit method and my debit card as a charge method (also for to EU).
Are you using your uk bank account for eu marketplaces or other payment providers
Seller_sFEUMUfeW5484
Nice to see you refer to us and customers as separate entities.
Seller_tRuvBEHDedp4q
I bank with Santander
Disbursements come through ok - even from the EU marketplaces (well they did before 1st Jan when I closed down my EU markets)
Do I now need do anything ?
Seller_fFEhZEddgONLM
Why 99% from all these Payment providers are Chinese??? What kind of monopoly is this and why do you consider these companies trustworthy?
Seller_miUYSBgUBQ4ON
Just to clear up. Banks are not PSP. It wont affect you if you have UK bank account. Its third party payment providers that are not classed as banks