Currently, we can only offer Amazon Payment Services to customers in UAE and Saudi Arabia. Below are the process for creating an Amazon Account:
- Email Introduction
- You will receive an email from us, to introduce you to our Amazon Payment Services (APS) onboarding contact, requesting the below information:
- Number of students enrolled
- Tuition Fees per year (SAR)
- Frequency of Payments per customer (Monthly/Quarterly)
- Expected Online Card Volume monthly (SAR)
- The ratio of Local vs International card transactions %
- Current Online/POS Service Provider if any
- APS Initial Contact and Proposal
Amazon Payment Services will then arrange a suitable time with you to discuss your requirements. Following this, they will request particulars about your organisation, and then provide a commercial proposal and set your account up using the Merchant Page Model. - Bank Rate
APS will negotiate with the bank and confirm the rates to you, along with the formal proposal and KYC requirements.
IMPORTANT - PLEASE NOTE - If you already have an Amazon account for taking payments for another reason such as Tuition Fees you will need a sub-account for processing fees with SchoolsBuddy. You will need to ask Amazon to set up the sub-account for you. If it is a sub-account you should not need a new agreement with Amazon to do this - they should be able to add this for you fairly quickly.