Express Payout is now available to eligible businesses using Amazon Pay. Amazon Pay’s new integration with a network of hundreds of banks and credit unions means businesses no longer have to wait up to 5 days for payments on the ACH network. When you log in to Seller Central, you can opt in to Express Payout to start receiving payouts within 24 hours (even weekends).
with Amazon Pay?
Who can use Express Payout?
Express Payout is available to U.S. businesses. To be eligible for Express Payout, you must:
- Be signed up for Amazon Pay.
- Have an account with an in-network U.S. bank.
- Have a valid business address in the United States (U.S. territories excluded).
- Have transactions of $1 million or less at the time of the payment initiation.
If you meet all the above requirements, you can opt in to the free Express Payout service on the Deposit Methods page on Seller Central.
How do I enroll in Express Payout?
Sellers can access Express Payout through Seller Central for no additional cost. Log in to your Amazon Pay account in Seller Central, go to Account Info, then Deposit Methods. If your business is eligible, you will be able to select “Express Payout” as your preferred option.
What does Express Payout cost?
Express Payout will be available for free to eligible businesses using Amazon Pay.
Once I sign up, which payouts are affected?
Once you’ve enrolled in Express Payout, the new settings apply only to the specific bank account you enrolled with. All payouts of $1 million or less from your U.S. Amazon Pay account will be completed through Express Payout, unless you opt out or are no longer eligible.
Can I opt out of Express Payout?
You can choose to opt out of Express Payout at any time. If you opt-out, your bank account will return to the default Standard Payout setting through ACH payment networks in the current three- to five-day timeline.