http://paymentsviews.com/2009/10/29/amazon-payphrase-one-size-doesnt-fit-all/ Views and Opinions about the World of Payments Wed, 10 Mar 2010 18:51:41 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://paymentsviews.com/2009/10/29/amazon-payphrase-one-size-doesnt-fit-all/comment-page-1/#comment-4412 KIKI Sun, 08 Nov 2009 07:34:21 +0000 http://paymentsviews.com/?p=2742#comment-4412 this makes it sound easy for the consumer - but how easy is it for the merchant to get their money from amazon? If we have to wait 7-10 days for money to get to our bank accounts - that will increase the order processing time - not smart to ship without having the payment up front. After researching on Amazon for a method of payment, I have yet to find out it works for the MERCHANT - sure would like to see some 'merchants' reviews. At least with PayPal, the funds are available immediately to pay the suppliers and process the order same day. They also offer a debit cart to get money out of the merchant account quickly, AND like Discover card, the MasterCard debit card earns interest with purchases made using the MasterCard/Debit Card to suppliers. The money paid by the consumer is actually in a real bank - not somewhere in 'time and space' waiting on someone's books. When can Google or Amazon do that? this makes it sound easy for the consumer – but how easy is it for the merchant to get their money from amazon? If we have to wait 7-10 days for money to get to our bank accounts – that will increase the order processing time – not smart to ship without having the payment up front. After researching on Amazon for a method of payment, I have yet to find out it works for the MERCHANT – sure would like to see some ‘merchants’ reviews. At least with PayPal, the funds are available immediately to pay the suppliers and process the order same day. They also offer a debit cart to get money out of the merchant account quickly, AND like Discover card, the MasterCard debit card earns interest with purchases made using the MasterCard/Debit Card to suppliers. The money paid by the consumer is actually in a real bank – not somewhere in ‘time and space’ waiting on someone’s books. When can Google or Amazon do that?

]]>