Topic Wiki

DEAD - 10/13/14

READ THE WIKI! IT IS VERY CLEAR!

The Basics:

You can send up to $1,000/month directly from your CCs or GCs, and receive the same amount, which can then be withdrawn to your bank account. (No, you don't withdraw the money to your CC or GC.) These limits reset on the 1st of the calendar month at 12am Pacific Time.

Setup:

1. Although AP requires a SSN, you will not get a hard pull against your credit. You will not get a 1099-K unless you are receiving over $20k per year AND have done 200 transactions.

2. The driver's license number on the account need not be a real number, only the same format.

3. You need to connect and verify a bank account to be able to send $1,000/month. Otherwise, only $500 will be allowed. (Also, you will have difficulty withdrawing money to your bank account if it is not connected to your account.)

4. Verification can sometimes be instant if you log into your bank account through Amazon, but sometimes (particularly with smaller banks or CUs, it seems) the only working option is to allow AP to make two small deposits to you account (less than a dollar, often much less) and then reporting the exact amounts thereby verifying that the account is yours. (If you want to use AP as described here, don't even think about trying to profit from the small deposits by opening up a ton of accounts. You have been warned.)

5. The receiver account must add a credit card to be able to capture the funds sent.

Sending Money

1. Make sure to select "Goods and Services" when sending money. This is important so that the transaction codes as a purchase (for which you will get CC points/miles) and not a cash advance (for which you will not).

2. For some reason, when sending the value from GCs, AP will often prevent the full value from being sent unless, when connecting the GC with your account, you first enter the wrong expiration date and then change it to the correct one. <blinkblink>... <shrug>... but it works.  Or wait a week after putting the GC into your account for the hold to be removed from the funds.

3. And no, Amazon Gift Card balance cannot be used with Amazon Payments.

Multiple accounts:

1. It is highly recommended not to access both accounts of a transaction from the same IP address. Please see the IP Information section below for more... IP Information.

2. Most people didn't have problems opening two accounts per SSN even if they link to the same bank account, but it is risky to send money back and forth between them. Some report a similar risk with sending or receiving with a spouse who has the same bank account linked to their account.

3. Sending money using the same CC from different accounts is a known cause of shutdown.

Error messages and potential delays

1. If you get a message stating "We are unable to complete your transaction until further review. It can take up to 24 hours to complete this transaction. We apologize for any inconvenience this delay may cause," relax and be patient. It is perfectly normal.

2. Withdrawals are never authorized immediately. Be patient. It usually doesn't even take a full day. Likewise it's perfectly normal for you to get a message that your withdrawal has succeeded but it doesn't show up in your bank account yet even as pending. It will be there soon. Be patient.

3. Verifying a bank account via the deposit method can take a few days. Please anticipate and account for the extra time needed for the deposit method if you are planning to set up and use an account for the first time late in the month.

IP Information:

1. To check the IP address of the device you're using, Google "how to check my IP address"

2. All devices using the same WiFi router have the same IP address.

3. A computer connected to the Internet with a router has a different IP than it does if connected to the Internet without a router.

4. Browsing incognito or in private mode does not change your IP address.

5. To change the IP address of a computer, turn off the computer, wait a few minutes, then turn it back on. Check if you have a new IP address. If not, turn it off for 8+ hours (overnight or something) and check again. You will likely have a new IP address.

6. On a phone or other device (with it's own data) switch WiFi off. To change IP addresses, switch to 'airplane mode' and switch back and you will usually have a new IP address. Note: If your phone or tablet has WiFi only, it will always have the same IP address as other devices that connect through the same WiFi.


PBaruch's suggestions:

1. It is no longer generally considered safe to have multiple AP accounts for the same person.  Yes, there are exceptions and some people have had luck but I would caution against it.  If you are the reckless type go to number 2 below.  If not, please proceed to number 3 below.

2. If you do decide to try your luck and open 2 or more AP accounts for the same person, do not send $ back and forth between these two accounts.

3. Do not send $ back and forth between people in the same household.  Again, there are exceptions and some people have had luck but it is a trigger for a shutdown.  The way AP views it is if you are in the same household, give em cash. 

4. If there are multiple AP users in the same household, do NOT use the same IP address.  If you do, be warned.  You will very likely be shut down.

5. If you are shut down, you may have luck reopening your AP account by varying the spelling of your name and changing your address. 

6. If you want to send $ to a spouse, it helps if he/she has a different last name and address.

7. I would caution against any complete circles or triangles.  For instance, do not send A-B-C-A.  Rather, send A-B-C-D.

8. If you need bank accounts to link to AP, it is VERY easy to open multiple accounts (with no fee) by using Capitol One 360: https://home.capitalone360.com/ (Be aware that this is likely a hard pull.)

9. Do NOT do instant account verification. Let them send deposits instead to verify the account.  By doing so, I do not believe that they know who owns the account. This may be useful if you use some of my other suggestions.

These are my suggestions based upon personal experience and my gleaning of other posts.

Poll

Were you shut down?

Yes, but i got it back! :)
7 (2.9%)
Yes. :(
55 (22.5%)
No, B"H!  :)
149 (61.1%)
Yes and No (I have more then 1 account)
33 (13.5%)

Total Members Voted: 244

Author Topic: Amazon Payments Master Thread (RIP 10/13/14)  (Read 1123067 times)

Offline PlatinumGuy

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #740 on: May 08, 2012, 10:08:20 AM »
Do you pay % for swipe and how much
Its like a keyboard. You buy it and you have it.
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline askmoses

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #741 on: May 08, 2012, 11:14:40 AM »
another reason could be the 5x points with the ink bold
Another risky venture from what I've read...

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #742 on: May 08, 2012, 11:26:54 AM »
Its like a keyboard. You buy it and you have it.
Do you sign up with a bank.

Offline yitzf

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Earn miles/points with Amazon payments using a credit card
« Reply #743 on: May 08, 2012, 11:55:21 AM »
AP was asking me to verify my wifes account and I did and now when I log into her acc. it says there are restrictions and she cant send or receive. what does that mean?
you probably didn't do it fast enough. Email them at payments-verification@ amazon.com with the DOB and last four of the social and they will lift the restrictions. It can take them up to a day to respond.

Offline yitzf

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #744 on: May 08, 2012, 11:59:07 AM »
Do you pay % for swipe and how much
It's a reader not a processor. It just transfers the card info to your computer.

Offline askmoses

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #745 on: May 08, 2012, 12:12:33 PM »
It's a reader not a processor. It just transfers the card info to your computer.

Does it apply that info into your browser easily? Like one swipe will fill out CC #, Exp?

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #746 on: May 08, 2012, 02:58:59 PM »
Some people actually do use AP for business payment services. If one of his customers doesn't have an AP account,  he will add the cc to his personal account and send the money to his business account.
if the max is $1000 a month then how many costumers could you put on already

Offline yitzf

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Earn miles/points with Amazon payments using a credit card
« Reply #747 on: May 08, 2012, 03:01:39 PM »
Does it apply that info into your browser easily? Like one swipe will fill out CC #, Exp?
no, there might be such a thing out there but not this.

Offline Drago

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #748 on: May 08, 2012, 03:55:42 PM »
if the max is $1000 a month then how many costumers could you put on already
You can only send 1k with cc per month. However, you can receive unlimited, and send unlimited from your linked bank account.

Offline askmoses

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #749 on: May 08, 2012, 04:40:12 PM »
no, there might be such a thing out there but not this.

So then what is a practical use of the reader when it comes to GCs?

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #750 on: May 08, 2012, 05:04:51 PM »
Has anyone been charged $10.00 by amazon for making a payment. The bank that was getting the deposit says that Amazon is doing this often.

Offline askmoses

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #751 on: May 08, 2012, 05:09:53 PM »
Has anyone been charged $10.00 by amazon for making a payment. The bank that was getting the deposit says that Amazon is doing this often.
first I've heard of it... is this for transferring money into your bank? I never use banks to send money :)

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #752 on: May 08, 2012, 05:58:39 PM »
first I've heard of it... is this for transferring money into your bank? I never use banks to send money :)
Yes for transferring to Chase. The Chase CS said that this is happening.

Offline HelpMe

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #753 on: May 08, 2012, 06:21:45 PM »
Yes for transferring to Chase. The Chase CS said that this is happening.
Who is charging the fee, Chase? I just had transfers to Alliant CU today and no fees.
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Re: Earn miles/points with Amazon payments using a credit card
« Reply #754 on: May 08, 2012, 07:26:14 PM »
Who is charging the fee, Chase? I just had transfers to Alliant CU today and no fees.
Amazon is making the charge

Offline HelpMe

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #755 on: May 08, 2012, 07:32:20 PM »
Amazon is making the charge
Was it disclosed by AP when you made the transfer?
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Re: Earn miles/points with Amazon payments using a credit card
« Reply #756 on: May 08, 2012, 07:34:44 PM »
Was it disclosed by AP when you made the transfer?
This is not for me. It is for s friend of mine. They called chase and chase said the charge was from AP

Offline askmoses

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #757 on: May 08, 2012, 08:28:14 PM »
This is not for me. It is for s friend of mine. They called chase and chase said the charge was from AP
I've done it to chase several times and this is the first I've heard of it... anyone else have had this happen?

Offline boruch

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #758 on: May 09, 2012, 06:53:32 AM »
Transferring to my Chase account for over a year now. Never happened.

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #759 on: May 09, 2012, 07:07:22 AM »
I think it would be pretty safe to file the $10 charge under "sh*t happens" and leave it at that.
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