{"id":7136,"date":"2021-12-15T18:11:53","date_gmt":"2021-12-15T12:41:53","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=7136"},"modified":"2022-12-21T15:06:19","modified_gmt":"2022-12-21T09:36:19","slug":"instant-settlements-for-amazon-sellers","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/instant-settlements-for-amazon-sellers\/","title":{"rendered":"Introducing Instant Settlements for Amazon Sellers: Say Goodbye to Cash Flow Challenges"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">If you run a business on Amazon, you must be well aware that effective cash flow is crucial to the scalability of your business. Whether your business is growing or just starting, instant settlements is the only mantra to sustain the competition. Even a large enterprise making huge profits can collapse due to the non-availability of cash or liquid funds.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What problems can occur due to lack of cash flow?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Once customers make online payments for your products on Amazon, they will only be credited to your bank account in 7-14 days as per your settlement cycle. This engages more money in your business\u2019s working capital and causes a cash crunch.\u00a0<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Without regular cash flow, you run the risk of facing unexpected occurrences that are inevitable on the Amazon landscape. These can be inventory policy changes, unable to negotiate stronger pricing deals from suppliers and vendors and not having resources to properly invest in your Amazon business.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Irregular cash flow can lead to stockouts, missed sales, decreased inventory levels, loss of organic search rank and <a href=\"https:\/\/razorpay.com\/docs\/payments\/payments\/late-authorization\/\">late payment fees<\/a>.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Additionally, wholesalers often move unsold inventory to make room for their seasonal selections during specific times of the year. You need ample capital on hand to take advantage of such deals.\u00a0<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">How Instant Settlements for Amazon Sellers can solve your cash flow challenges<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/razorpay.com\/blog\/keep-your-digital-cash-register-ringing-with-razorpay-instant-settlements\/\">Razorpay Instant Settlements<\/a> will allow you to get access to your money instantly and avoid daily cash flow challenges. You can withdraw cash against your payouts 24\u00d77, even during bank holidays and non-banking hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Receiving your sales revenue early will give you more control of your business growth. With faster access to cash, you can make the investments you need to grow your business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll be charged a simple, fixed flat fee typically between 0.5% and 0.9% of the withdrawal amount. For example, if you are an Amazon Seller who qualifies for a custom fee of 0.7%, and your withdrawal amount is Rs. 10,000 against your Amazon balance, you will pay a fixed fee of Rs. 70. There is no interest or hidden fees or annual maintenance fees.<\/span><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528ff0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/?r=blog_cta_business_banking_instant_settlements&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener noreferrer\">Apply for Instant Settlements today!<\/a><\/div>\n<h2><span style=\"font-weight: 400;\">What are the eligibility requirements?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You are eligible for Instant Settlements if your Amazon payouts are at least Rs. 50,000 per month, with a selling history of 6 months or more.\u00a0<\/span><\/p>\n<p><b>Please note<\/b><span style=\"font-weight: 400;\">: Currently, the feature is only available for Razorpay customers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, you can open a current account with RazorpayX and enjoy the benefits of a 2X withdrawal limit on Instant Settlements.<\/span><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528ff0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/x.razorpay.com\/auth\/signup\/?r=blog_cta_business_banking_instant_settlements_for_amazon_merchants&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener noreferrer\">Open X current account NOW!<\/a><\/div>\n<h2><span style=\"font-weight: 400;\">How to get started?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Applying for Instant Settlement for Amazon Sellers is easy and completely online.<\/span><\/p>\n<p><strong><i>Step 1<\/i><\/strong><span style=\"font-weight: 400;\"> &#8211; Submit an application<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Link your Amazon Seller Account and complete the application in less than 5 minutes.<\/span><\/p>\n<p><strong><i>Step 2<\/i><\/strong><span style=\"font-weight: 400;\"> &#8211; Share KYC documents<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Get Approved in one business day. Submit <a href=\"https:\/\/razorpay.com\/docs\/payments\/kyc\/\">business KYC documents<\/a> once approved.<\/span><\/p>\n<p><strong><i>Step 3<\/i><\/strong><span style=\"font-weight: 400;\"> &#8211; Withdraw funds<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once activated, you can enter the amount up to the balance available in your dashboard. Within seconds, the amount will be credited to your bank account.<\/span><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528ff0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/?r=blog_cta_business_banking_instant_settlements&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener noreferrer\">Apply for Instant Settlements today!<\/a><\/div>\n<h2><span style=\"font-weight: 400;\">How much credit will you be able to access against your payout balance?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To begin with, based on your eligibility you will be able to access a maximum of \u20b9 1 Lakh against your Amazon Payout balance. Nevertheless, your withdrawals and repayments will be periodically reviewed to increase your limit.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How do Instant Settlement repayments work?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You can pay back directly from the <a href=\"https:\/\/dashboard.razorpay.com\/signin\">Razorpay dashboard<\/a> whenever Amazon settles your payout balance.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Final thoughts<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Steady positive cash flow can help you increase profits quickly by increasing your sales velocity, allowing you to invest in new inventory more frequently, enabling you to rank higher on Amazon and negotiating better pricing with your suppliers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, what are you waiting for?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Supercharge your business with Instant Settlements for Amazon Sellers today.\u00a0<\/span><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528ff0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/x.razorpay.com\/auth\/signup\/?r=blog_cta_business_banking_instant_settlements_for_amazon_merchants&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener noreferrer\">Get started now!<\/a><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Razorpay Instant Settlements for Amazon Sellers, you can get your Amazon payouts balance settled into your bank account within 7 seconds. <\/p>\n","protected":false},"author":66,"featured_media":7213,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[27],"tags":[],"class_list":{"0":"post-7136","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-banking"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/7136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=7136"}],"version-history":[{"count":0,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/7136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/7213"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=7136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=7136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=7136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}