Amazon has been the most reliable for us as far as payment are concerned.
Reserve amounts are usually released in the next payment cycle, which is a gap of barely 7 days.
Another change in Amazon policy of which sellers are unaware.
Earlier Amazon used to refund us 50% of the product charges. Now, they refund us 50% percent of the transfer amount.
This happened without even any notice or prior intimation.
Seller support pretend that this is how it was, but thats not the case.
Need a Strict regulator to curb these Malpractices and unethical behaviour
High time for payment reconciliation.
Amazon changes policy. giving half FBA reimbursement
Amazon changes policy. reduced easy ship reimbursement to approx. 50% of transfer amount not product charges
Amazon not reimbursing all FBA returns (compare fba return orders and reimbursement done)
Amazon changes policy. introduced charges for return order (20% of commission)
Amazon creating self removal of FBA return orders (Check your monthly FBA courier return charges to your warehouse)
Amazon Increased volume in FBA products
Was anyone informed about these changes?
In the name of Big sale and making millionaires overnight, these companies are hard pressing all sellers and slowly pushing loans in name of working capital.
I think, In a few years, many sellers would come under debt cycle and they would have no other option as the money will be of Online Market places and the sale point would be Online market place itself.
To stop prosperity from leaving the country, protection of Sellers is must.