Hi,
Since the beginning of April, Amazon started increasing my “deferred transactions” by a lot; from unnoticeable to around 40% of the payment that supposed to be transfer to my bank account. When it happened the first time (couple weeks ago), I thought it was a one time thing and didn’t think much. Yesterday the money hit the back account, and again it was a lot smaller than usual. I went to the Payment Dashboard and saw the “Deferred Transactions” with the blue badge New (see below).
I haven’t changed anything in the past many months. I’m surprised to see this large increase in the deferred transaction amount Is Amazon going to hold our money more for the deferred transactions from now on? Have you guys seen any changes on your deferred transactions amount?
Are you an “old” Amazon account that was converted to DD+7?
Amazon is converting ALL accounts to some form of ALL sales proceeds being held until after delivery + 7 days and that being shown in Deferred Transactions (for some of us “newer” accounts this has been an Account Reserve).
*Note that purchasing shipping for new sales (and other Amazon fees/charges) will also reduce your available funds (it sounds like they might be temporarily suspending the ad spend being only taken from avaiable funds)
Thanks for your reply. I started selling on Amazon around late 2016. Was that qualified as “old” account?
Are you saying that this has been going on for newer accounts since they started and it just got applied to the older account (like mine)?
Also, thanks for the DD+7 keyword. I just googled and found lots of sellers complaining about this. I will end this thread soon since it’s a well known issue.
Is Amazon going to hold our money more for the deferred transactions from now on? Have you guys seen any changes on your deferred transactions amount?