Funding your Walmart and Amazon stores with Capital Advance from Payoneer

This is a guest post from Ben Stein of Payoneer. Payoneer’s mission is to empower businesses to go beyond – beyond borders, limits and expectations. In today’s digital world, Payoneer’s platform streamlines global commerce for millions of businesses from 200 countries and territories, delivering a suite of services that includes cross-border payments, working capital, tax solutions and risk management.

Amazon and Walmart are two of the largest marketplaces in the United States generating over a combined $600 BN in GMV over the last year and Walmart’s marketplace growth nearly doubled in the last year with the rise in eCommerce.

As a marketplace seller you have a large opportunity to continue to capture market share with your brand on these marketplaces; however, keeping products in stock to meet consumer demand and maintaining search relevance are often two of the biggest challenges preventing you from meeting your business goals.

Cash flow is essential to ensure that your business can meet rising marketplace demand and as an Amazon or Walmart seller you will need cash to help you achieve these goals.

Industry reports tell us that 64% of business owners have struggled with cash flow and 29% of businesses fail within the first year due to cash flow constraints, which limits their brand’s potential. Payoneer’s Capital Advance can help you overcome cash flow challenges and grow your business by offering short-term cash boosts that can help with advertising, inventory purchases, or any other unexpected challenge that comes your way.

The amount of the offer you receive will depend on your online store’s sales performance, but all working capital offers include three great features that make Capital Advance the ideal cash flow management solution.

1) Instant funds without credit checks

Payoneer extends working capital offers based on your marketplace sales history, and you can get the funds in your Payoneer account with just a few clicks.

2) Gradual settlement from marketplace sales

Once you accept the offer, Payoneer will collect a portion of your future marketplace sales. That means they only get paid when you do, while leaving you with cash to maintain your business between payout dates. After an offer is completely settled, a new offer will follow it, subject to eligibility requirements.

3) One low, fixed fee

There’s nothing worse than the surprise fees and hidden costs that can really impact your bottom line. With Payoneer, you’ll only be charged one fee after you finish settling your advance and you’ll see the fee amount before you accept the offer.

How to get capital for your Amazon and Walmart stores

Amazon Sellers

  1. Register for a Payoneer account. (Your account will be reviewed and approved by our team in less than 24 hours.)
  2. Once approved, connect your Amazon MWS token to your Payoneer account. Once connected all you need to do is wait for the first Amazon disbursement to be received into your new Payoneer account.
  3. After you receive your first payment, you will receive an offer from Payoneer within 24 hours for up to $500k.
  4. Accept your offer and funds will be deposited into your Payoneer account immediately.
Timeline for Amazon SellersTimeframe
Register for a Payoneer account and be approved by our teamWithin 24 hours
Connect Payoneer account within Amazon and connect MWS tokenImmediately when approved
Connect store to Payoneer In “Store Manager” (relevant only for Amazon new sellers)Immediately
Wait for the first payment to be received into the Payoneer account from Amazon2-14 days depending on Amazon’s disbursement schedule
Offer is sent by Payoneer24-48 hours from when the disbursement hits the Payoneer account
Offer acceptedFunds are deposited into the seller’s Payoneer account immediately

Walmart Sellers

As a Walmart seller you already have a Payoneer account as we partner with Walmart to make disbursements easy. However if you do not, you can sign up here. Once you’ve signed up for a Payoneer account all you need to do is request to switch your bank account in your seller account to Payoneer, and you’ll automatically receive a Capital Advance offer in your account every Sunday. If you accept the offer, funds will be deposited directly into your account!

Timeline for Walmart SellersTimeframe
Most Walmart sellers have Payoneer accounts as we handle the payouts for Walmart marketplaceImmediately
Walmart sellers need to request to switch to have their funds stop within their Payoneer accountOne click in our back office by the Payoneer Team
Offer is sent by PayoneerEach Sunday
Offer acceptedFunds are deposited into the seller’s Payoneer account immediately

Here is an example of a $100,000 capital advance taken from an Amazon or Walmart seller and how the repayment process works:

So, if you are looking to grow your Amazon or Walmart business, click here to learn more about working capital, or contact Ben Stein at Payoneer (benst@payoneer.com) today.

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