'Small victory' for sellers as Amazon postpones rules delaying payment
The Guardian|August 14, 2023
Amazon has partially relented following a row about new rules affecting thousands of marketplace sellers and is now releasing some of their sale proceeds.
Sarah Butler
'Small victory' for sellers as Amazon postpones rules delaying payment

The online retailer had told many of its sellers in the UK and continental Europe that it would hold on to sale proceeds for more than a week, rather than crediting their accounts immediately a sale was made. The move - revealed by the Guardian prompted some small businesses to say this could force them to go bust.

Amid a growing outcry, and after it emerged that a UK government minister was pressing Amazon for answers, the company revealed at the weekend that it was delaying the rule change for several months for some sellers, typically until 31 January next year.

However, one seller said that while this was a "small victory", it "only delays the pain" until January.

Affected sellers had said their businesses could collapse as they would not receive payment until a week after an item had been delivered, with money not feeding into their bank account until three days later.

"You may experience a one-time cashflow disruption," Amazon wrote.

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