Amazon paymant criteria By Adnan shoukat

 If you're asking about transferring money or making payments on Amazon, there are a few different options depending on the type of transaction you're referring to. Here's an overview of money transfer and payment methods that can be used on Amazon:

1. Amazon Payments and Amazon Pay:

• Amazon Pay: This is Amazon's online payment service, which allows you to make purchases on third-party websites using the payment methods linked to your Amazon account (such as credit/debit cards or Amazon gift cards). You don’t need to re-enter your payment information when making a purchase on a supported site.
• Amazon Balance: This is a virtual wallet in your Amazon account where you can store funds. You can add money to it from bank accounts, debit cards, or Amazon Gift Cards.

2. Adding Funds to Your Amazon Account:

• You can add funds to your Amazon account to use for future purchases. To do so:
  1. Go to the Amazon website.
  2. Navigate to your Account settings.
  3. Choose Your Payments and then Add Funds to Your Account.
  4. You can add funds via a bank account, debit/credit card, or by using an Amazon gift card.

3. Amazon Gift Cards:

• Gift cards can be purchased, gifted, or added to your Amazon account balance for easy payments. You can transfer the value of a gift card to your account, and it can be used to pay for purchases or services like Amazon Prime, Amazon Video rentals, or even subscription-based services.
• To redeem a gift card, go to Your Account, select Gift Cards, and enter the code from the card.

4. Transferring Money to a Bank Account (via Amazon Payments):

• If you're referring to transferring money from your Amazon seller account (if you sell on Amazon), funds are typically transferred to your bank account every 14 days or as per the schedule defined in your seller account.
• For regular users, Amazon itself doesn't offer a direct way to transfer money to a bank account unless you’re a seller. If you're trying to receive money (e.g., through Amazon's affiliate program or selling), you’ll get payments through direct deposit into your bank account.

5. Payment Methods for Purchases:

• Credit/Debit Cards: Amazon accepts most major credit and debit cards, including Visa, MasterCard, American Express, and Discover.
• Bank Accounts: You can link your checking account or savings account to your Amazon account for direct payments, typically through ACH (Automated Clearing House).
• Amazon Store Card: Amazon also has its own credit card that offers specific discounts and payment options.

6. Amazon Pay and Peer-to-Peer Transfers:

• Amazon Pay can also be used to send money to family and friends, but it is generally more focused on enabling payments for online purchases. If you're looking to send money to others, you'd typically use services like PayPal or Venmo.

7. Refunds:

• If you’ve made a purchase and wish to receive a refund, Amazon will typically return the amount to the payment method you originally used. Refunds can take several days depending on your bank or credit card provider.

Summary:

• Money Transfer on Amazon itself generally revolves around payments for purchases and managing funds within your Amazon account.
• Amazon Pay allows you to use your Amazon payment methods for external transactions.
• Sellers can transfer their earnings from Amazon Seller Central to their bank accounts.
• Regular users can add funds to their account using gift cards, debit cards, or bank accounts.