Changes to the Amazon Payments Agreement
- Oliver Piroska
- Sep 23, 2023
- 1 min read
It appears that Amazon is making changes to its Payments Agreement, specifically the "Amazon Payments – Selling on Amazon User Agreement." Here are the details of the upcoming changes:
**Changes Effective on July 14, 2023:**
Amazon is updating section 2.6 ("reserves") of the "Amazon Payments – Selling on Amazon User Agreement." These changes provide more details on how Amazon handles the disbursement of available funds to sellers. An English version with the changes highlighted is available in a linked PDF. Courtesy translations in various languages will be published on Seller Central on July 14, 2023.
**Changes Effective on December 24, 2022:**
Amazon has updated the Amazon Payments – Selling on Amazon User Agreement to comply with new EU legislation, including DAC7 (administrative cooperation in the field of taxation) and CESOPs (Central Electronic System of Payment Information). These updates reflect the requirements of this legislation. An English version with changes highlighted is available in a linked PDF. Courtesy translations in multiple languages were published on Seller Central on December 24, 2022.
Please note that your continued use of Selling Services after the specified effective dates constitutes your acceptance of these changes. It's important for sellers to review these updates to understand how they may affect their interactions with Amazon and their business operations on the platform. If you have any specific questions or concerns regarding these changes, you may want to reach out to Amazon Seller Support or consult with legal counsel for clarification.
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