Payment Service Provider updates

Amazon introduced the Payment Service Provider Programme (PSPP) on February 1, 2021, as part of its ongoing efforts to enhance the safety and trustworthiness of the platform for customers and sellers. Sellers who opt to use a payment service provider (PSP) to receive their Amazon sales proceeds are required to use a PSP participating in the PSPP.

Effective July 15, 2021, Amazon ceased making disbursements to sellers using non-participating PSPs. Sellers using non-participating PSPs are advised to switch to a participating PSP or utilize a deposit-taking bank (a traditional bank account) to receive their disbursements.

**Participating PSPs:**

Sellers currently using PSPs from the list of participating PSPs or deposit-taking banks to receive disbursements do not need to take any action.

**Provisional Enrolment PSPs:**

Amazon is actively working to enroll more PSPs into the PSPP. Several PSPs have met provisional enrolment requirements and are working toward becoming full participants. Sellers using these PSPs can continue to receive Amazon disbursements through their chosen PSP without disruption. Once these PSPs complete the requirements for full enrolment, they will be added to the list of participating PSPs.

**PSPs Not on Lists:**

If you are using a PSP that is neither on the provided lists nor on the disbursement solutions list, it is recommended to contact your PSP to inquire about their participation plan and current status. If your PSP does not intend to enroll, it is advisable to switch to a participating PSP or use a deposit-taking bank promptly to avoid any disruption to your disbursements.

Amazon will update the lists of participating PSPs and provisional enrolment PSPs on a weekly basis.

For specific details and the most up-to-date information, sellers are encouraged to refer to Amazon's official communications and announcements regarding the Payment Service Provider Programme.