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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Small firms fear going bust as Amazon extends wait time for sale proceeds

A phone screen displaying the Amazon seller homepage.
One seller said they had just over £100,000 ‘locked in Amazon’. Photograph: Dzmitry Kliapitski/Alamy

Amazon has told thousands of marketplace sellers in the UK and continental Europe it will hold on to sale proceeds for more than a week in a move that small businesses say could force them to go bust.

The company has written to sellers to inform them it will no longer credit their accounts as soon as a sale is made online but will do so a week after an item has been delivered.

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