Topics
- Amazon Associates
- adding payment method
- tax information
Video summary
The video provides a tutorial on how to open, create or import a payment method for Amazon affiliate program. The first step is to have an Amazon account which can be created easily. Accessing the Amazon Associates section, there are various options to link products, promote, and generate reports. To add a payment method, select the payment and tax information from the account settings and choose the 'change payment method' option. Under this, select the 'add a new bank account' option, fill the details of account holding, currency, account type, bank name, account number and ABA number. The video also discusses providing tax information.
Dig Deeper
How to Create or Import Payment Method for Amazon Affiliate Program
In this tutorial, the speaker discussed the process of creating or importing a payment method for the Amazon Affiliate Program. The first step is to create an Amazon account. Once logged in, users can access the Amazon Associates side stripe where they will find the home section, product linking, promotions, tools, reports, and help.
Accessing Payment and Tax Information
To access payment and tax information, users can select "My Account" and then click on "My Account Settings." Here, they will see the payment and tax information section, where they can select "Change Payment Method."
Adding a New Bank Account
In order to add a new bank account, users can select "Add a New Bank Account" from the payment method menu. They will then need to fill out information including the bank location, account holding, bank currency, account type, account number, bank name, and routing number or ABA number. If the user is unsure about what an ABA number is, they can access an article from Amazon that explains it in more detail.
Providing Tax Information
Users can provide tax information by selecting "View/Provide Tax Information." Here they can fill out information about their tax classification, permanent residence, and tax identity.
Impact on Affiliate Marketing Industry
The ease of adding and managing payment methods in the Amazon Affiliate Program has the potential to positively impact the affiliate marketing industry. With more streamlined processes, affiliates can focus on promoting products and increasing revenue rather than dealing with payment and tax-related issues.
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