Amazon Launched NEFT Payment Method for its Amazon India Associates


Are you an Amazon India Associate? Amazon launched NEFT (National Electronic Funds Transfer) payment method for its associates. Read the article to know more.

Here's some good news for all Amazon India Associates. Amazon launched NEFT (National Electronic Funds Transfer) payment method for its associates. On 8 July, Amazon team mailed all its customers saying, "We are excited to announce the launch of NEFT (National Electronic Funds Transfer) as a payment method for all Amazon.in Associates. With this launch, all Associates can now get their earnings deposited directly into their bank accounts (once their earnings exceed INR 1,000)."

amazon

This means that you no longer need to wait for your earnings to reach INR 2,500 to withdraw it via cheque. Just update your bank details on the "Change Payment Method" page under the 'Account Settings' link given on Associates Central and you will very conveniently receive earnings in your bank account via NEFT. This is a quicker and more secure way of transferring money.

Amazon EFT Payment

Of course the earlier option wherein you can receive your cheque at your registered address is open but I am an Amazon India Associate myself and I can't think of any reason why I would need a cheque once the NEFT Payment Method is launched. Waiting for the threshold amount of INR 2,500 for a cheque that can take more than a week to deliver is not something I would like. Using NEFT method, I can receive my earnings in two business days and there isn't any fee. The service is free of cost. Voila! What more could we ask for.

To receive your earnings up to June via NEFT, you will have to wait a bit as the first batch of payments will start in the last week of August 2014. For any further queries, you can leave your message in the comment box below or you can contact the Amazon Associates Team which is always happy to help.

Read Earning income through Amazon India affiliate program



Related Articles

Amazon India affiliate commission structure

Read this article to understand the Amazon associate programs and their affiliate structure in India. Currently, Amazon India offers 10% affiliate commission for most of their products except electronics.

Earning income through Amazon India affiliate program

Want to know about one of the top affiliate marketing website in India? Please read further to know about the affiliate program offered by Amazon India. Here, you can find the advantages of having an Amazon India affiliate partnership and how the sale of Amazon products can fetch you good commission!

More articles: Amazon Affiliate Program Affiliate Programs in India

Comments

Author: Amit08 Jul 2014 Member Level: Gold   Points : 0

Just converted my payment method on Amazon from Cheque to NEFT. Good job Amazon!

Author: Sampath KNS10 Jul 2014 Member Level: Bronze   Points : 0

Good to Hear that. And what is the limit / Cap for the transactions?

Can all Bank holders can avail this?

Author: Bhakti Savla11 Jul 2014 Member Level: Gold   Points : 2

Thanks to the author for sharing details about the NEFT payment option at Amazon. I was desperately waiting for this option and I will switch to this payment option for my Amazon affiliate program.

Author: Amit15 Jul 2014 Member Level: Gold   Points : 0

Flipkart today followed suit and reduced their EFT payment limit to Rs.1000 from Rs.2500 earlier.

Author: Adesola Adeyeye16 Jul 2014 Member Level: Silver   Points : 2

The author has given very good information here. It will afford Amazon publishers to receive their payments through click of a mouse. There will not be any other bottle necked problems again.

Guest Author: alan18 Sep 2014

How can I shift my amazon associate account from .com to .in?



  • Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.
  • No HTML formatting and links to other web sites are allowed.
  • This is a strictly moderated site. Absolutely no spam allowed.
  • Name:
    Email: