One marketplace firm says Amazon is only ‘delaying the pain’ of having to wait a week for their proceeds
Amazon has partially relented following a row about new rules affecting thousands of marketplace sellers and is now releasing some of their sale proceeds.
The online retailer had told many of its sellers in the UK and continental Europe that it would now hold on to the proceeds of sales for more than a week, rather than crediting their accounts immediately a sale was made. Some small firms said the move – first revealed by the Guardian – could force them out of business.
More Stories
Microsoft unveils chip it says could bring quantum computing within years
Ex-US security officials urge funding for science research to keep up with China
Virologist Wendy Barclay: ‘Wild avian viruses are mixing up their genetics all the time. It’s like viral sex on steroids’