Nov 10, 2013, 11:26 am
Last edit by: mcdullhk88
Dead as of 10/13/14
FAQ's
Is Amazon Payments treated as a cash advance? No CC issuer has been reported as treating an AP transaction as a cash advance unless the sender selected "Payment is for Cash Advance" on the Send Money screen.
What does it mean when your payment is "pending"? Your payment will be reviewed. We are unsure whether this review is done by a human or computer. It should take less than 24 hours but is usually within minutes.
How should you describe your payment? "Goods or services" will allow you to charge with a CC and it will not be treated as a cash advance. Note: If you choose cash advance, it may be treated as such by your CC issuer; always choose Goods/Services. There is no reason to put anything in the optional description field - leave it blank.
What is the monthly limit for sending CC payments? $1,000 per calendar month per AP account
What is the monthly limit for receiving CC payments? $1,000 per calendar month per AP account
What if it is not allowing me to send/receive more than $500 or any at all? You probably have not verified your bank and/or added a CC. In order to get the full $1,000 allowance for sending and receiving you must have a bank verified AND a CC added to your account as a payment method.
Does AP qualify for special spending categories? Specifically it qualifies for Discover's (usually 4th quarter) category of online purchases but so far, not Chase's "5% CB on Amazon.com purchases." Refer to thread for other options.
Can you get shutdown? Yes.
How do you get shutdown? No one knows. Anecdotes are found throughout the thread. Some suspicious behavior that MIGHT get your AP account(s) shut down is listed below.
Which transaction is most advisable? A -> B -> C -> A (see here)
Are any fees charged during this process? No, not by Amazon Payments. If your transaction is treated as a cash advance by your card issuer--fees are possible. Beware and always double check that goods/services is selected!
Can you liquidate Amazon GC via AP? NO!
Can you liquidate other gift cards via AP? Yes. Note that you cannot liquidate the full value of a GC because amazon places a $1 hold while it verifies the validity of the GC. You can sometimes (not always) avoid the hold by entering an incorrect expiration date for the GC when adding it to your AP account, and after you have added it, go to "Edit my account settings," then to "Add edit or delete my credit cards" and edit the expiration date there.
When does the month end? It appears as if Amazon is on pacific time, so midnight PDT/PST is when the month resets.
It bears repeating that no one knows the methodology amazon uses to police AP transactions, determines which transactions violate its T&Cs, or identifies violators. However, various people in this thread and elsewhere have confirmed that their AP account(s) were shut down for the following reasons:
Additionally, we have updated the terms and conditions of our User Agreement (https://payments.amazon.com/help/Personal-Accounts/User-Agreement-Policies/User-Agreement) that apply to your use of the products and services provided by Amazon Payments. Our updated User Agreement revises certain terms (including, among other things, the elimination of person-to-person payments). Our new User Agreement will become effective on October 13, 2014, which is more than 30 days from when we first posted our updated User Agreement. By continuing to use our services after October 13, 2014, you are agreeing to be bound by the terms and conditions of our new User Agreement.
Is Amazon Payments treated as a cash advance? No CC issuer has been reported as treating an AP transaction as a cash advance unless the sender selected "Payment is for Cash Advance" on the Send Money screen.
What does it mean when your payment is "pending"? Your payment will be reviewed. We are unsure whether this review is done by a human or computer. It should take less than 24 hours but is usually within minutes.
How should you describe your payment? "Goods or services" will allow you to charge with a CC and it will not be treated as a cash advance. Note: If you choose cash advance, it may be treated as such by your CC issuer; always choose Goods/Services. There is no reason to put anything in the optional description field - leave it blank.
What is the monthly limit for sending CC payments? $1,000 per calendar month per AP account
What is the monthly limit for receiving CC payments? $1,000 per calendar month per AP account
What if it is not allowing me to send/receive more than $500 or any at all? You probably have not verified your bank and/or added a CC. In order to get the full $1,000 allowance for sending and receiving you must have a bank verified AND a CC added to your account as a payment method.
Does AP qualify for special spending categories? Specifically it qualifies for Discover's (usually 4th quarter) category of online purchases but so far, not Chase's "5% CB on Amazon.com purchases." Refer to thread for other options.
Can you get shutdown? Yes.
How do you get shutdown? No one knows. Anecdotes are found throughout the thread. Some suspicious behavior that MIGHT get your AP account(s) shut down is listed below.
Which transaction is most advisable? A -> B -> C -> A (see here)
Are any fees charged during this process? No, not by Amazon Payments. If your transaction is treated as a cash advance by your card issuer--fees are possible. Beware and always double check that goods/services is selected!
Can you liquidate Amazon GC via AP? NO!
Can you liquidate other gift cards via AP? Yes. Note that you cannot liquidate the full value of a GC because amazon places a $1 hold while it verifies the validity of the GC. You can sometimes (not always) avoid the hold by entering an incorrect expiration date for the GC when adding it to your AP account, and after you have added it, go to "Edit my account settings," then to "Add edit or delete my credit cards" and edit the expiration date there.
When does the month end? It appears as if Amazon is on pacific time, so midnight PDT/PST is when the month resets.
It bears repeating that no one knows the methodology amazon uses to police AP transactions, determines which transactions violate its T&Cs, or identifies violators. However, various people in this thread and elsewhere have confirmed that their AP account(s) were shut down for the following reasons:
- Associating one credit card number with more than one AP account (Be Careful if authorized user card has the same number as the primary card holder - in some instances the CC numbers are completely different)
- Associating one bank account with more than one AP account
Amazon Payments
Sep 10, 2014 | 3:36 pm
#4727
Join Date: Aug 2014
Location: Sacramento, CA
Posts: 97
Amazon Payments to remove person-to-person payment option
Just got this in my email. Looks like it's curtains for using AP to quickly meet minimum spend...
Greetings from Amazon Payments:
Each year we send out a notice to every person who has an active Amazon Payments account. This notice is not a bill; it contains important information about our privacy practices, changes we are making to the availability of certain services, and how you can report errors or unauthorized transactions related to your account.
We appreciate the trust that you have put in Amazon Payments by using our services and want to make sure you are informed about our policies and practices. We know that you care how information about you is used and shared. To help you understand our privacy practices, we have detailed how we collect, use and safeguard your personal and financial information in our Privacy Notice (https://payments.amazon.com/help/Per...Privacy-Notice).
Our Unauthorized Transaction Policy (https://payments.amazon.com/help/Per...actions-Policy) describes how you can report to us any billing errors or unauthorized transactions involving the use of your account balance or registered bank account. It also describes our liability and your rights for these types of errors or transactions.
Additionally, we have updated the terms and conditions of our User Agreement (https://payments.amazon.com/help/Per...User-Agreement) that apply to your use of the products and services provided by Amazon Payments. Our updated User Agreement revises certain terms (including, among other things, the elimination of person-to-person payments). Our new User Agreement will become effective on October 13, 2014, which is more than 30 days from when we first posted our updated User Agreement. By continuing to use our services after October 13, 2014, you are agreeing to be bound by the terms and conditions of our new User Agreement.
Please take a moment to review our Privacy Notice (https://payments.amazon.com/help/Per...Privacy-Notice), Unauthorized Transaction Policy (https://payments.amazon.com/help/Per...actions-Policy), and User Agreement (https://payments.amazon.com/help/Per...User-Agreement). They may be found by clicking the User Agreement/Policies link on our web site at payments.amazon.com.
If you have questions or concerns about this information, please contact us by signing in to your Amazon Payments account and clicking on the Contact Us link (https://payments.amazon.com/contact) or by writing to us at Amazon Payments, Attn: Compliance, P.O. Box 81226 Seattle, Washington 98108-1226.
Thank you for using Amazon Payments.
Sincerely,
The Amazon Payments Team
Each year we send out a notice to every person who has an active Amazon Payments account. This notice is not a bill; it contains important information about our privacy practices, changes we are making to the availability of certain services, and how you can report errors or unauthorized transactions related to your account.
We appreciate the trust that you have put in Amazon Payments by using our services and want to make sure you are informed about our policies and practices. We know that you care how information about you is used and shared. To help you understand our privacy practices, we have detailed how we collect, use and safeguard your personal and financial information in our Privacy Notice (https://payments.amazon.com/help/Per...Privacy-Notice).
Our Unauthorized Transaction Policy (https://payments.amazon.com/help/Per...actions-Policy) describes how you can report to us any billing errors or unauthorized transactions involving the use of your account balance or registered bank account. It also describes our liability and your rights for these types of errors or transactions.
Additionally, we have updated the terms and conditions of our User Agreement (https://payments.amazon.com/help/Per...User-Agreement) that apply to your use of the products and services provided by Amazon Payments. Our updated User Agreement revises certain terms (including, among other things, the elimination of person-to-person payments). Our new User Agreement will become effective on October 13, 2014, which is more than 30 days from when we first posted our updated User Agreement. By continuing to use our services after October 13, 2014, you are agreeing to be bound by the terms and conditions of our new User Agreement.
Please take a moment to review our Privacy Notice (https://payments.amazon.com/help/Per...Privacy-Notice), Unauthorized Transaction Policy (https://payments.amazon.com/help/Per...actions-Policy), and User Agreement (https://payments.amazon.com/help/Per...User-Agreement). They may be found by clicking the User Agreement/Policies link on our web site at payments.amazon.com.
If you have questions or concerns about this information, please contact us by signing in to your Amazon Payments account and clicking on the Contact Us link (https://payments.amazon.com/contact) or by writing to us at Amazon Payments, Attn: Compliance, P.O. Box 81226 Seattle, Washington 98108-1226.
Thank you for using Amazon Payments.
Sincerely,
The Amazon Payments Team
Sep 10, 2014 | 3:41 pm
#4729
Join Date: Jan 2012
Programs: Marriott/SPG Plat, Hilton Gold
Posts: 887
I saw this in another thread.
However where does it actually say that in the User Agreement?
Majority of people use this for innocuous small items like paying the babysitter. They are going to eliminate that entirely?
However where does it actually say that in the User Agreement?
Majority of people use this for innocuous small items like paying the babysitter. They are going to eliminate that entirely?
Sep 10, 2014 | 3:52 pm
#4731
Join Date: May 2014
Posts: 466
It doesn't say anything about P2P payments in the new agreement. Thats what it means to eliminate something.
Sep 10, 2014 | 3:52 pm
#4732
Join Date: Jan 2014
Location: NY
Programs: AA, MR, SPG
Posts: 18
Old Terms
P3.1 General. You may make payments to any person who has a valid e-mail address and a Payment Account or establishes one with us. Unregistered users may not access funds sent to them until and unless (a) they create a Personal Account or Business Account and verify their e-mail address and (b) we verify their identity in accordance with Section 2.3. If an intended recipient does not have a Personal Account or Business Account, he or she will be notified that a payment request has been initiated and prompted to create an account by visiting our Site. When you send a payment, you remain the owner of those funds until that payment is accepted by the recipient. We hold those funds on your behalf, but you will not be able to disburse or send those funds to any other user unless the initial transaction is cancelled or rejected. If a payment is denied or unclaimed by the recipient, the funds will be returned to the sender (less applicable fees). We are not liable to any person for any damages associated with any unaccepted payment. Any time you send funds you are doing so at your own risk.
New Terms
B3.1 General. You may use your Payment Account to make purchases of goods and services wherever Amazon Payments is accepted.
P3.1 General. You may make payments to any person who has a valid e-mail address and a Payment Account or establishes one with us. Unregistered users may not access funds sent to them until and unless (a) they create a Personal Account or Business Account and verify their e-mail address and (b) we verify their identity in accordance with Section 2.3. If an intended recipient does not have a Personal Account or Business Account, he or she will be notified that a payment request has been initiated and prompted to create an account by visiting our Site. When you send a payment, you remain the owner of those funds until that payment is accepted by the recipient. We hold those funds on your behalf, but you will not be able to disburse or send those funds to any other user unless the initial transaction is cancelled or rejected. If a payment is denied or unclaimed by the recipient, the funds will be returned to the sender (less applicable fees). We are not liable to any person for any damages associated with any unaccepted payment. Any time you send funds you are doing so at your own risk.
New Terms
B3.1 General. You may use your Payment Account to make purchases of goods and services wherever Amazon Payments is accepted.
Sep 10, 2014 | 3:55 pm
#4733
Join Date: Jan 2012
Programs: Marriott/SPG Plat, Hilton Gold
Posts: 887
Sep 10, 2014 | 4:06 pm
#4735
Join Date: Aug 2011
Location: The Phoenix Desert
Programs: Hilton Cubic Zirconia, Marriott Fools Gold
Posts: 1,692
Sep 10, 2014 | 4:09 pm
#4736
Join Date: May 2014
Posts: 466
Sep 10, 2014 | 4:30 pm
#4738
Suspended
Join Date: May 2014
Location: ILG/PHL
Programs: Amex Plat, AA Gold, SPG Gold, Hyatt Gold, HHonors Gold, Carlson Gold
Posts: 1,075
Well, at least it's after Oct. 1 so I can get my Discover Q4 CB.
I don't understand the point of this service if they get rid of the person to person payments though. No one else uses this on their website to accept payments.
I don't understand the point of this service if they get rid of the person to person payments though. No one else uses this on their website to accept payments.