How to Use Amazon Seller Wallet to Pay Vendors Directly
Amazon launched a Seller Wallet vendor‑payment option this quarter, letting sellers remit funds directly from the Wallet via the “Payments to Vendors” screen. A Canadian seller saved a CAD 30 bank fee and cut settlement from three days to one business day using a CAD 10,000 balance.
Overview
Amazon has added a vendor‑payment option to the Seller Wallet, letting sellers move money directly from their Amazon earnings to supplier invoices. The feature launched this quarter and removes the need to first transfer funds to an external bank, a change that can speed up restocking and cut conversion fees for cross‑border purchases. Sellers who rely on multiple vendors should pay attention because the new workflow reshapes cash‑flow timing and reduces the number of banking steps.
Key Points
- Direct payouts from Wallet — Sellers can remit funds to a supplier’s bank account using the balance that accumulates from marketplace sales, without withdrawing to a personal account first.
- Wallet enrollment required — The capability appears only for accounts that have completed the Seller Wallet sign‑up, which includes identity verification and linking a primary bank.
- Navigation via Seller Central — The payment screen is accessed through the Seller Wallet drop‑down menu, then selecting the “Payments to Vendors” link in the left‑hand navigation pane.
- Cash‑flow consolidation — By keeping proceeds inside Amazon’s ecosystem, sellers can reduce the number of external transfers and avoid typical intermediary fees.
- Multi‑currency support — Sellers receiving payouts in EUR can settle a Chinese supplier invoice in CNY directly from the same Wallet, leveraging Amazon’s built‑in currency conversion.
- Transaction visibility — Every vendor payment is logged in the Wallet’s transaction history, giving a single source of truth for bookkeeping.
How Vendor Payments Work
- Open the Payments hub — After logging into Seller Central, click the Seller Wallet icon, then choose “Payments to Vendors” from the side menu; the screen displays a “New Recipient” button.
- Add a supplier profile — Enter the vendor’s bank name, IBAN or SWIFT code, and the amount to be paid; for example, a U.S. seller might input a Shanghai‑based factory’s CNY account details and specify a $5,000 invoice.
Analysis & Recommendations
Why This Matters
Direct payouts eliminate external wire fees and reduce payment latency, tightening inventory cycles. Multi‑currency support also lets EUR balances settle CNY invoices without separate conversions, improving cost predictability.
Key Takeaways
- Vendor payments can be sent directly from Seller Wallet balance via the “Payments to Vendors” screen.
- Multi‑currency support allows EUR balances to settle CNY invoices using Amazon’s conversion rate.
- A Canadian seller avoided a CAD 30 bank fee and reduced settlement time from three days to one business day.
- The feature is available only after completing Seller Wallet enrollment (identity verification and primary bank link).
Recommended Actions
- →Enroll in Seller Wallet: go to Seller Central > Settings > Seller Wallet and complete verification.
- →Add a vendor: Seller Central > Seller Wallet icon > Payments to Vendors > New Recipient, then enter bank, IBAN/SWIFT and amount.
- →Export monthly payment logs: Seller Central > Seller Wallet > Transaction History, then import into your accounting software.
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