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-   -   Amazon Payments (https://www.flyertalk.com/forum/manufactured-spending/1144591-amazon-payments.html)

MaineCoon Dec 22, 2013 11:06 pm


Originally Posted by PainCorp (Post 22013625)
You might wanna check again...Amazon doesn't have a very steep profit margin last time I checked....


Originally Posted by jamesteroh (Post 22013720)
The have a net operating LOSS. Their revenues are up but they are still operating at a loss

Thanks guys, I just checked.
1457 P/E. Unbelievable.

http://finance.yahoo.com/q?s=AMZN

I would short it. I might.

but look at this idiot who recommended to short it at $307?\

http://seekingalpha.com/article/1551...urns-to-owners

can you say squeeze?

xoxx Dec 22, 2013 11:22 pm


Originally Posted by MaineCoon (Post 22013893)
Thanks guys, I just checked.
1457 P/E. Unbelievable.

http://finance.yahoo.com/q?s=AMZN

I would short it. I might.

but look at this idiot who recommended to short it at $307?\

http://seekingalpha.com/article/1551...urns-to-owners

can you say squeeze?

AMZN reminds me of wikipedia. Something that will probably be around for a very very long time.

AlohaDaveKennedy Dec 23, 2013 6:45 am

Maybe, but they are making it up on volume!:D


Originally Posted by MaineCoon (Post 22006859)
I tend to believe, though, that Amazon will sooner or later close this wonderful window.
They are losing money on each transaction.


AlohaDaveKennedy Dec 23, 2013 6:50 am

Really?:rolleyes:


Originally Posted by MaineCoon (Post 22013240)
...And making payments w/CC is the only interesting way to everyone involved in MS...


drquack02 Dec 23, 2013 8:04 am

Went to withdrawal funds from my AP account today and noticed something odd.

Account Balance: $1000.00
Disbursable balance: $899.81

Both $500 transactions to the account were completed....anyone have something similar happen to them?

f0xx Dec 23, 2013 8:51 am


Originally Posted by drquack02 (Post 22015353)
Went to withdrawal funds from my AP account today and noticed something odd.

Account Balance: $1000.00
Disbursable balance: $899.81

Both $500 transactions to the account were completed....anyone have something similar happen to them?

Do you have a unverified account or something?

Mbcijim10 Dec 23, 2013 10:06 am

Doing a little experiment, I have a gift card from Amex I bought from Staples. It is $200. I couldn't get it to work at $200, so I switched the amount to $199 because I thought I read that Amex holds $1.00 or something like that. I got it to work that way. So basically if I want to do this I will lose a $1 on top of the $7 fee from Staples, correct?

kjgco Dec 23, 2013 10:09 am


Originally Posted by Mbcijim10 (Post 22015965)
Doing a little experiment, I have a gift card from Amex I bought from Staples. It is $200. I couldn't get it to work at $200, so I switched the amount to $199 because I thought I read that Amex holds $1.00 or something like that. I got it to work that way. So basically if I want to do this I will lose a $1 on top of the $7 fee from Staples, correct?

There is a thread somewhere about using incorrect expiration dates to avoid the $1 hold. You can also just wait until the hold falls off (~ 7 days) and pay a cable/cell bill or something along those lines.

yasn Dec 23, 2013 10:36 am


Originally Posted by kjgco (Post 22015983)
There is a thread somewhere about using incorrect expiration dates to avoid the $1 hold. You can also just wait until the hold falls off (~ 7 days) and pay a cable/cell bill or something along those lines.

Or just use it next time you buy something from supermarket or Target. Most of their cash registers know how to take the max out of a prepaid card.

JudyJFLA Dec 23, 2013 11:11 am

So I am assuming that AP and ATM are the only way to get funds out of a Amex Prepaid card account (the dark blue card) Does not look like it has bill pay on it. Had it in a drawer from an old $25 promo.

And BTW when entering on AP, use the wrong year for the exp date, then go right back and change it to the correct one and you will have the full value of your gift card available.

JudyJFLA

JerMah Dec 23, 2013 1:51 pm


Originally Posted by Mbcijim10 (Post 22015965)
Doing a little experiment, I have a gift card from Amex I bought from Staples. It is $200. I couldn't get it to work at $200, so I switched the amount to $199 because I thought I read that Amex holds $1.00 or something like that. I got it to work that way. So basically if I want to do this I will lose a $1 on top of the $7 fee from Staples, correct?

Incorrect. The $1 hold is a temporary charge that just verifies your info is correct. This happens on almost any online merchant that you use a card with. Not sure how you're not aware of this, or perhaps you just don't buy online often?

Mbcijim10 Dec 23, 2013 2:33 pm


Originally Posted by JerMah (Post 22017222)
Incorrect. The $1 hold is a temporary charge that just verifies your info is correct. This happens on almost any online merchant that you use a card with. Not sure how you're not aware of this, or perhaps you just don't buy online often?

I think I knew it was temporary, just never bought gift cards before and never paid attention that much to an online purchase to realize it.

Thank you all for the quick response!

BarnyardRomeo Dec 23, 2013 3:17 pm

well they got me. one of my AP is now in "suspended status". Weird they took one and only one AP out. I would think that the sending AP is just as naughty as the receiving AP.
I have no experience with this, but I'm assuming that this suspended status won't be lifted on its own, as I read happened for others earlier this year when they did a mass ban and subsequent mass activation.
weird thing is that they took out my legit account. amazon prime member for a few years with a large gift card balance. one thing i did that may or may not be related is i deleted all the many old cards from each of my accounts recently because i had a hard time finding the active ones in the list that i just added and needed to liquidate.
bummer, i will have to think about where to go from here. possibly cancel this account and reactivate it, if possible. or see if the ban lifts itself after a period of time, or just let it go and live with the remaining accounts, or maybe even contact amazon and act stupid and beg forgiveness lol (unlikely i will do this as i feel it will risk the remaining ones if a human digs into my business).

flowfaster Dec 23, 2013 6:14 pm


Originally Posted by BarnyardRomeo (Post 22017606)
well they got me. one of my AP is now in "suspended status". Weird they took one and only one AP out. I would think that the sending AP is just as naughty as the receiving AP.
I have no experience with this, but I'm assuming that this suspended status won't be lifted on its own, as I read happened for others earlier this year when they did a mass ban and subsequent mass activation.
weird thing is that they took out my legit account. amazon prime member for a few years with a large gift card balance. one thing i did that may or may not be related is i deleted all the many old cards from each of my accounts recently because i had a hard time finding the active ones in the list that i just added and needed to liquidate.
bummer, i will have to think about where to go from here. possibly cancel this account and reactivate it, if possible. or see if the ban lifts itself after a period of time, or just let it go and live with the remaining accounts, or maybe even contact amazon and act stupid and beg forgiveness lol (unlikely i will do this as i feel it will risk the remaining ones if a human digs into my business).

how many accounts did you have?

sk8uno Dec 23, 2013 11:29 pm


Originally Posted by BarnyardRomeo (Post 22017606)
well they got me. one of my AP is now in "suspended status". Weird they took one and only one AP out. I would think that the sending AP is just as naughty as the receiving AP.
I have no experience with this, but I'm assuming that this suspended status won't be lifted on its own, as I read happened for others earlier this year when they did a mass ban and subsequent mass activation.
weird thing is that they took out my legit account. amazon prime member for a few years with a large gift card balance. one thing i did that may or may not be related is i deleted all the many old cards from each of my accounts recently because i had a hard time finding the active ones in the list that i just added and needed to liquidate.
bummer, i will have to think about where to go from here. possibly cancel this account and reactivate it, if possible. or see if the ban lifts itself after a period of time, or just let it go and live with the remaining accounts, or maybe even contact amazon and act stupid and beg forgiveness lol (unlikely i will do this as i feel it will risk the remaining ones if a human digs into my business).

it didn't affect your regular amazon shopping account, did it?


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