Amazon to Eliminate Closing Fees for Auctions and zShops

[Kristijntje]

Dear Amazon.com Sellers,

In the next few weeks, we will be removing the closing fee associated with Auctions and zShops sales. This will eliminate the need for the Online Credit Request form, which is currently required to request a refund of closing fees for incomplete Auctions and zShops transactions.

To balance the removal of the closing fee, we will increase the Amazon Payments fee. The new Payments fee will be $0.25 plus 5% of the total amount of the purchase (item price and shipping costs). The Payments fee is not charged until a transaction is paid for using Amazon Payments. Additionally, the fee is refunded automatically when a full refund is submitted using the Amazon Payments system.

We hope this change will make it easier for sellers to handle incomplete Auctions and zShops transactions in the future.

Thanks for selling on Amazon.com.

http://www.amazonsellercommunity.com/for...dID=118588&tstart=0

[bargainbloodhound]

Sooo, for zShop and Auction items under $25:
old (closing fees +Payments fees): $0.25 + 7.5%
new: $0.25 + 5%

zShops and Auctions $25-$1000:
old: $1.50 + 5%
new: $0.25 + 5%

I can live with that.