The Two Main Ways Amazon Gets Payments
With the growing scale of the Amazon platform, the number of sellers on Amazon has also increased dramatically. Thanks to the rapid development of the e-commerce industry in recent years, the technology of Amazon’s collection is now very mature. For Amazon sellers, there are currently two ways to collect money.
1. Official Amazon Global Collection
Amazon’s global payment collection is a payment method officially launched by Amazon itself. Amazon’s global payment ladder is based on net sales to determine the rate. The higher the accumulated sales in the past 12 consecutive months, the higher the handling fee. Low. The initial handling fee is 0.9%, and it will be reduced in turn. After exceeding 100,000 US dollars, 500,000 US dollars, 1 million US dollars, and 10 million US dollars, the handling fee can be reduced to 0.7%, 0.6%, 0.5%, and 0.4%, respectively.
First of all, Amazon Qiuquan Collection is an official payment collection product launched by the Amazon platform. There is definitely no problem with security, but the handling fee is not so dominant.
2. Third-party platforms
As mentioned earlier, after several years of development and the survival of the fittest, Amazon’s collection technology is now very mature, and many sellers also choose third-party platforms as payment tools, because of convenience and low cost. Compared with Amazon’s 0.9% fee for global collections, the third-party platform’s fee is often only 0.3%, and some platforms can even lower the fee for activities, 0.1% or even 0.
Of course, in addition to these two mainstream methods, there are also some other very small methods, such as opening an overseas bank account for binding, direct withdrawal, etc. However, this method is cumbersome to open an account, and secondly, the difficulty is not low, and there are more A good way to choose, generally will not use this method of collection.