Email a copy of 'All Amazon Sellers Must Accept Pay By Invoice Orders' to a friend
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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
“Amazon doesn’t allow sellers to opt out, and though it allows sellers to get paid faster for PBI transactions, there’s a 1.5% fee for doing so, which has incensed some sellers.”
This is something that should be illegal.
Holding sellers funds and collecting God knows how much interest per day off of them should be illegal as well.