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This article applies to selling in: India

Acceptable bank accounts and Payment Service Providers

To improve our ability to identify and prevent bad actors so that we can continue to protect customers and sellers against fraud and abuse, we limit the types of accounts that we accept for the disbursement of Amazon marketplace sales proceeds. You may either receive your sales proceeds to a bank account directly issued to you by a deposit-taking bank or, to the extent permitted under applicable law, to a bank account issued by a Payment Service Provider (“PSP”) that participates in Amazon’s Payment Service Provider Program to prevent fraud, abuse and other illegal activity (the ”Program”).The requirements above apply both when you choose to receive direct disbursement and when you receive disbursements through the Amazon Currency Converter for sellers program, to the extent it is available to you.

Payment Service Provider Program

If you choose to use a PSP to receive your funds, Amazon will only accept bank accounts managed by PSPs that participate in the Program (a “Participating PSP”). Please see this page for the current list of Participating PSPs and information about how to sign up for a Participating PSP.

If you use a PSP that does not participate in the Program, we will notify you and you will be required to switch to either a Participating PSP or a bank account directly issued to you by a deposit-taking bank within the timeframes described on this page. Your disbursements may be delayed as permitted under applicable law until you change your disbursement method. You can change your bank account information on the Add Deposit Method page.

Amazon shares with Participating PSPs the PSP account number you provided to us and information about your Amazon selling account in order to verify that your bank account is issued by a Participating PSP, and to protect against fraud and abuse. Participating PSPs also share with Amazon information about your identity and your PSP account. If your Selling on Amazon account is deactivated or terminated due to abuse, fraud, or illegal activity, Amazon will receive additional information about your PSP account, including limited transaction information. Amazon uses information provided by Participating PSPs only to identify and take actions against individuals who engage in abuse, fraud, or other illegal activity. For more information about how Amazon handles your personal information, refer to Privacy Notice.

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