posted on January 12, 2001 01:15:43 PM new
Just got the folowwing email:
Dear Amazon.com Auction Seller,
Thank you for participating in Amazon.com Auctions. There are some
important changes we're about to roll out that will improve Auctions
for both you and your buyers. These improvements will be implemented
in the coming weeks, and we want to let you know in advance. We will
contact you again with firm dates prior to implementation.
In this message:
* Important Amazon.com Payments information
* Global seller preferences
* Completion fees
1. Important Amazon.com Payments Information
Buyers have shown that they overwhelmingly prefer using Amazon.com
Payments. To accommodate your buyers and simplify your selling
experience, we will be requiring all merchants to register for
Amazon.com Payments. This service makes it easier for buyers to
purchase your sold auction listings and for you to collect their
payments. Most of the items currently available on Amazon.com
Auctions are already "Amazon.com Payments enabled. "Click below for
all the relevant details pertaining to Amazon.com Payments:
Or register for your Payments Account today (if you're not already
Amazon.com Payments enabled):
http://s1.amazon.com/exec/varzea/easypay-login/
Here are several very important things to note:
a) In order to be eligible for Amazon.com Payments, you must have
access to a U.S. address and a U.S. bank account.
b) You will still be able to accept alternative payment methods,
such as credit card through a merchant account, check, money
order, and escrow.
c) Because Amazon.com Payments is limited to $2,500 per transaction,
items you sell above that amount will require an alternate
payment method. All items sold below that amount will be
available to buyers via Amazon.com Payments (as well as other
payment methods you choose to accept).
2. Global seller preferences
Changes to seller preferences, like your Customer Service Policy or
shipping ZIP code, will continue to apply only to subsequent Auction
listings, and will not change existing listings. However, changes
will apply to all existing and subsequent zShops listings.
3. Completion fees
As a user of Amazon.com Payments, you may have noticed that you're
still not paying closing fees on your winning auctions. While the
special promotion waiving closing fees for auction items purchased
with Amazon.com Payments officially expired on January 1, 2001,
we've extended the promotion until January 17, 2001.
Closing fees are only assessed if an auction attracts a winning
bidder. The fee is based on the amount of the winning bid as listed
below.
* $0.01 to $25.00 the closing fee is 5%
* $25.01 to $1,000 the closing fee is $1.25 +2.5% of any amount
over $25.00
* $1,000.01 and up the closing fee is $25.63 + 1.25% of any amount
over $1,000
For a complete review of all auction fees, please visit:
We welcome your feedback on these and other issues. Inquiries and
suggestions may be sent to [email protected]. Thank you
for your continued support. We look forward to working more with
you in 2001.
