As part of our continued effort to make Amazon the safest and most trusted store in the world for customers and sellers, Amazon announced the Payment Service Provider program (PSPP, or “Program”) on 1 Feb, 2021. For program details, see the New Payment Service Provider policy announcement. Sellers that choose to use a payment service provider (PSP) to receive their Amazon store sales proceeds must use a PSP participating in the Program.
Note that sellers who continue to use a bank account from a non-participating PSP after 31 May, 2021 will be subject to a longer disbursement reserve period of up to 21 days after the latest estimated delivery date. To learn more, go to Payments based on delivery date. If you use a bank account issued by a deposit taking bank or a participating PSP (see list here), no action is required.
We are enrolling more qualified PSPs into the program. The following PSPs have met our requirements for provisional enrolment, and no action is required if you are using any of them. You can continue to use your PSP to receive your Amazon store disbursements on your normal cadence without being impacted by the upcoming implementation of the disbursement reserve policy on 31 May, 2021.
As these PSPs fulfil the requirements for full enrolment, they will be added to the participating PSP list and to our program landing page. If you are using a PSP that is not on the above list or on our program landing page, please contact your PSP to find out about their participation plan and current status.
We will update this list on a weekly basis.