We have discussed about receiving amazon affiliate payment before few days ago, at that time, I have suggested amazon affiliate team to do needful and issue payment directly to bank account. I also have my conversation with their team to make payment issued via PayPal or direct bank transfer, but each and everytime, they told me that they will take it as suggestion and future implement. They never did any help with this regard.
Now I have found solution to this, Indian users can easily receive amazon affiliate earning directly to their bank account, even amazon does not provide direct bank transfer. Thanks to Payoneer for this. Here in this article we are going to discuss on how you can configure your amazon affiliate account to receive your payment directly to your bank account.
How to Create Account with Payoneer in Just 5 Steps!!
You will need FREE Payoneer Account that will provide you US bank information that can be added to your amazon affiliate account. Here is how to create FREE account with Payoneer.
Step 1 : Signup for Payoneer (Aff link), here are steps mentioned below to create an account.When you click on my affiliate link and signup, I will get commission from them since I have refereed you to them. Don’t worry, you will not have to pay anything, and after creating account there, you too can refer your friends to get commission.
Step 2 : Once you click on signup now button, you will see a page, where you need to fill up your account details.
Click on individual or company depending what you are. E.g. If you are an agency regularly receiving payments, you can select company. Or if you are not a company, go for individual. Enter other required details and click on next button to add your contact information.
Step 3 : Now clicking on next button, will lead you to adding your address and phone number details.
Enter appropriate details and go to next step. You can have one account per mobile number, but I would not recommend you to go for multiple account. One account is enough for your work, just like PayPal.
Step 4 : Once you click on next button, you will need to fill up security details as shown below.
Adding security question will increase account security and reduce chance of your account data getting stolen.
Step 5 : Now you will have to add your bank details to Payoneer account, so that you will receive funds whenever issued by amazon affiliate program.
Enter your saving or current bank account along with your bank’s IFSC code, account number and required details. If you don’t know IFSC code of your bank, you can use online Bank IFSC code finder website, that will help you to find your bank’s IFSC number.
Once you click on I agree to terms and condition and pricing and fees, click on finish button and your account gets created. They will approve each account manually, but usually they approve every account within 1-2 hours.
How to Proceed Further, Once you have approved Payoneer Account
Once your account gets approved, you will have to upload your government issued ID card and address proof for their approval. It will also get approved within 24-48 hours usually.
Once everything is perfect, you will see your Payoneer dashboard look like this. This is screenshot of my Payoneer account.
Where to Find US Bank Details for Receiving Funds from Amazon
Now Payoneer will provide you US bank account number with Routing number that is necessary to receive payment from amazon affiliate program. To get that details, you will have to click on US Payment Service in your Payoneer account.
This information will be used to configure payment option on your amazon affiliate account. Now where you will have to configure this payment information on your amazon account? this will be question in your mind, just log on to your amazon affiliate account and go to change your payment method tab.
You may have selected pay me by check option, click on pay me by direct deposit option and add your bank details you received from Payoneer account. Once you enter everything there, click on submit and your payment method will be changed on your amazon account.
From now, whenever they issue any payment, you will receive email notification from Payoneer saying that You Received a New Payment.
Once they transfer that payment to your bank account, you will receive another confirmation email from them saying Your Payoneer Balance Has Been Transferred to Your Bank Account.
Usually whenever they issue any payment, I receive it within 24-48 hours to my bank account. So I said good bye to amazon affiliate check option and receiving payment quickly whenever issued.
Did you enabled direct bank transfer option in your amazon affiliate account? Do you use Payoneer to receive amazon affiliate earning? If not, you can sign up for FREE Payoneer account and receive payment very faster than any other service. I also received payment method using check but their charges seems approx equal to receiving payment using payoneer option.
Do let me know in the comment, if you have any question about this guide, I would be happy to help you with this regard.