Last week we introduced you to the Getting Started Resource Center that offers an overview of benefits and tips to jump-start your Amazon Business account. The first step for any account is setting up your payment method.
Let’s take a look at your shared payment options:
- Bank-issued credit cards: These are corporate cards managed through your bank. Bank-issued credit cards can be set up as a shared payment method
- Pay by Invoice: This is a line of credit that allows you to buy now and pay later for your Amazon Business purchases
- Corporate credit lines: These are pay-in-full or revolving credit line options facilitated through Synchrony Bank
It’s important to note that Amazon Business shared payments allow you to set up payment methods and shipping addresses from a single source; this gives you control over all buyers in your organization and how they make purchases.
This customization helps you to consolidate your business purchasing and better manage budgets. You can choose to enable purchasing for only select groups in your organization and customize which shared payment methods are available to each of those groups.
Now that you’ve learned a little about shared payments and what payment options are available to you, come back next week for more on corporate credit lines and the options of pay-in-full or revolving credit.
Bookmark the Getting Started Resource Center today.