Cross-border payment and payment_Cross-border e-commerce payment method_Amazon seller wallet

Having a wallet in hand is worry-free when going overseas

Seller Wallet is a new one-stop cross-border payment solution launched by Amazon to enable cross-border payments. Sellers can store local currency in the seller's wallet, and can independently choose the withdrawal time, withdrawal amount, and payment to third party vendors. Manage and move funds globally, all from Seller Central.

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Safety compliance

● Amazon's consistent high standards protect the security of your account funds and sales data.

● Cooperate with J.P. Morgan to ensure the compliance and security of every payment.

Flexible payment

● Payment: Platform sales revenue can be directly deposited into the seller's wallet, and the withdrawal time and cash withdrawal amount can be controlled independently.

● Payment: No exchange required, pay local suppliers in the US in US dollars, 0 processing fees. Also supports payment to suppliers in Hong Kong, China* in US dollars*

* The amount of a single payment must be greater than or equal to $2,500.

One-stop management

● Seamlessly manage account cross-border fund payments with one click without redirecting to an external website.

● Easy to view and download wallet account statements to quickly grasp financial conditions.

Achieve flexible payments

More flexible

Control the withdrawal time and withdrawal amount independently, and make payments to third party vendors without the need for foreign exchange.

Precisely control the amount of your transfers

More convenient

The estimated exchange rate and payment amount are displayed in real time.
Decide when and how much to withdraw at any time on the Amazon platform.

Manage it all in Seller Central

More convenient

Seamlessly manage account transactions, funds, and transfers across borders.
Wallet account statements can be instantly obtained, easily exported, and downloaded.

The seller wallet solved my need to operate foreign exchange and withdrawal flexibly. Being able to directly manage my funds directly on the seller platform also gave me great peace of mind. Now that I use it, my funds flow back quickly and steadily, flexible and worry-free, and it's really trustworthy!

Amazon seller wallet registration process

Step 1 Self-check your qualifications

Review the Seller Guidebook to check if you are eligible to sign up for an Amazon Seller Wallet.

Step 2 Complete registration in Seller Central

Follow the steps to fill in registration information, upload required materials, and submit for review. Uncompleted registration information will be saved for you, so you can continue to fill it out next time.

Step 3 Material review

Generally, you will receive an update on the review progress within 5 working days after submitting your application. If the information you have submitted is missing or incomplete, the Amazon Seller Wallet team will contact you via email.

Step 4 Set up your bank account

On the Deposit Methods page in Seller Central, you'll need to add and verify a valid bank account. You can withdraw funds from your seller wallet to your business bank account or personal bank account (if you are a beneficiary of your business).

Step 5 Withdraw your first fund

Everything is ready, and you can now withdraw your funds to your bank account anytime!

Learn more

Download the instruction manual now

Frequently asked questions

Get answers to the frequently asked questions about Amazon Seller Wallet

1. What is the exchange rate for RMB?

Amazon seller wallets are converted to currencies through service providers. Sellers can check the estimated exchange rate before exchanging and withdrawing funds from the seller's wallet. After the transaction is complete, you can check the actual exchange rate in the transaction history of the Amazon seller wallet. All rates are transparent and have no hidden fees.

2. Can I use the Amazon Seller Wallet to manage my sales revenue outside of Amazon?

Currently, the Amazon Seller Wallet only supports the management of sales revenue on Amazon.

3. Which sites can I use my Amazon Seller Wallet to manage my sales revenue on?

Up to now, you can use your Amazon seller wallet to manage revenue from sales on the US site, and more sites are being launched continuously.

4. Seller fees Does Amazon Seller Wallet charge fees?

Free registration, no account management fees. From now until November 1, 2023, Chinese sellers on the Amazon US website can qualify for the preferential rate after applying and completing the Amazon seller wallet settings, and can enjoy the preferential rate within 12 months after the preferential rate takes effect. Cross-currency withdrawals are subject to fees, which are tiered rates that decrease as your business with Amazon grows. Pay local suppliers in the US in US dollars with zero processing fees.

5. Which payees can I use my Amazon seller wallet to pay to?

You can use your Amazon seller wallet to pay to a third-party vendor's dollar account in the US and Hong Kong, China.

6. An introduction to the limited-time rate promotion and event rules.

Event description:
From now until December 1, 2023, Amazon sellers in China can qualify for the preferential rate after submitting a seller wallet registration application. Within 12 months after the preferential rate takes effect, they can enjoy the preferential rate shown in the Amazon Seller Wallet as shown below.

Net sales for the past 12 consecutive months*

Preferential rates

Over $1 million (inclusive)

0.30%

$100,000 (inclusive) - $1 million

0.30%

Less than $100,000

0.60%

*The tiered rate is given a corresponding preferential rate based on the seller's net sales ladder within the past 12 consecutive months, and is automatically updated every month. The higher the net sales, the lower the rate

Event rules:
1. Offer applications will close on December 1, 2023 (Beijing time). Your preferential rate will be valid for 12 months after the preferential rate becomes effective.
2. Offer is valid for one seller and one account only.
3. Please note when filling in the registration: Please be sure to fill in the Amazon seller account registration email address and ensure that it is filled in correctly. Please be sure to select the site corresponding to the registered email address.

7. Will Amazon share my personal or business information?

Amazon will only share your seller wallet activity information within the scope of the law to provide you with the transaction services you have proposed. If Amazon needs to share seller wallet data for any other purpose, Amazon will obtain your express prior consent.