Introduction
Hey there, are you curious to know about the “amazon prime pmts”? Wondering what is it? Look no further, in this article, I am going to share every detail regarding “amazon prime pmts”.
Recently, you may have noticed “amazon prime pmts” posted on your credit card statement. Do you know why? It is because you agreed to become a Prime member of Amazon. It is the way of Amazon’s saying, “we are charging for your prime subscription”.
So, What Is the “Amazon Prime PMTS”?
When you see the mention of “amazon prime PMTS” on your credit card statement, that means it corresponds to the financial transaction associated with your Amazon Prime Membership. It is a subscription-based service offered by the e-commerce giant Amazon.
In a simple way, Amazon Prime PMTS is a service that allows Sellers to tokenize payment methods like credit cards. It enables them to store these methods for their future use. Also, this service is available for sellers who use the payment processing system of Amazon.
When you sign up for the Prime membership, you will be charged a fee for the service. This fee will automatically charge to the payment method you have chosen. So, this charge will appear on a bank statement as an “Amazon Prime PMTS”.
Note that, Amazon Prime PMTS is not a separate service from Amazon but a simple payment processing service that Amazon provides to its sellers and prime members.
In 2005, Amazon Prime was first introduced, as a way to offer customers an enhanced shopping experience. After that, the program has expanded and included many benefits. Today, it has become the most popular subscription service.
Moreover, it provides several benefits like free and expedited shipping, access to streamline content, exclusive deals and many more. Also, you can get more benefits for accessing prime video and music.
For example, while many items are offered at a low price, you can grab them for even cheaper if you subscribe to an amazon prime membership.
Here, it is advisable to review your credit card statements and Amazon account for maintaining accuracy and understand the charges. Still, if you face any problem, you can reach out to Amazon’s customer support. It will help you in clarifying the nature of the transaction.
What To Do When You Get Charged But Don’t Know Why?
Are you worried about getting charged on Amazon but don’t know why? No worries, follow these below instructions to see all your Amazon transactions.
For desktop help,
- Sign in to Amazon.com (Open in a new link)
- Click on “your account” ( in the account and list dropdown )
- Click on “your payments”
- Click the “transaction” button
For mobile help,
- Click on “your account (in the account and list dropdown)
- Click on “your payments”
- Click the “transaction” button
So, this is how you can know all about Amazon transactions.
When Amazon Prime Membership Payment Got Charged To Your Credit Card?
You are essentially agreeing to the terms and conditions when you sign up for Amazon Prime. Also, these payments will be deducted from your credit or debit card as per your preference whether monthly or yearly basis. So, when you get charged for amazon prime membership, it will show up on your statement as “Amazon Prime PMTS”.
The most vital part of Amazon is the payment. They are continuously taking care of this area to make sure that they are offering the best experience to their customers. They use payments in several ways, like for goods and services, manage gift card balances, and pay sellers for their goods and services.
Amazon Prime Membership Plans
Amazon Prime provides some membership options to choose from according to your requirements.
- Prime Monthly
If you want to use prime service for a short period, this is the best option you can choose. So, you can choose this option for $14.99 per month.
- Prime Annual
If you wish to use prime service for a long period, this is the better value plan that costs $139 per year.
- Prime Student
If you are a student or want to activate this plan for your child, this option costs $7.49 per month or $69 per year. This plan is a better option for students as it is with a valid .edu email address.
- Prime Access
This plan provided a discount on the monthly prime membership for EBT, Medicaid, NAP, and other government assistance recipients.
Moreover, you have to pay sales tax for your Prime membership, which means you have to pay a bit more than the above fee structure. Remember, when you keep activating your Prime membership, your credit card will be charged for it monthly or annually according to your plan. so, if you are using the benefits it offers or not, you will have to pay for the membership.
Another reason you see “Amazon Prime PMTS” can be because you enrolled in a Prime video, Amazon Music Unlimited, or Kindle Unlimited Subscription. It costs $8.99 per month for Prime video membership, and $7.99 per month or $79 per year for Prime music membership.
You can view payment details for any digital orders you placed from the “Digital Orders” tab under the “Orders” section.
Benefits Of Amazon Prime Membership
The most beneficial part of the amazon prime membership is the free two-day shipping on eligible items. So, if you are the one who often shops online, this can be a huge perk.
Additionally, you can also get access to several streamlined services, like Prime Video and Prime Music.
Prime Video provides several TV shows and movies, while Prime Music provides access to over two million songs.
Another best benefit of Prime Membership is the exclusive discounts offered to its members. So, you can access lightning deals, that are for a limited period discount offer on selected items. Also, you can get early access to select sales and promotions.
Wondering Why Amazon Prime Payment Posted To Your Account?
There could be many reasons for getting charged for Amazon Prime when you don’t have it.
- When amazon prime subscription was renewed.
- When a bank placed a hold for recently canceled or changed orders.
- Also possible when you have been a victim of a scam and you should contact support.
How To Cancel Your Prime Membership?
As you know, Amazon provides free, 30-day trials for its Prime Membership Program. After that, if you forget to cancel the membership before 30 days, you can cancel it at any time you want. All you need to do is follow the below instructions.
- Log in (amazon account)
- Click on “Accounts and Lists” (you can see it at the upper right corner of the desktop screen)
- Click on the “Prime”
- Click on the “Update, cancel, and more”
- Next, click on the “End Membership” button
- Proceed to cancel the membership
To proceed to cancel your membership, amazon will prompt pause your membership or cancel it on the renewal date. If you want to cancel it immediately, proceed to end it now.
What To Do If You See Unauthorized Charges On A Credit Card From Amazon?
so, when you find unauthorized charges from Amazon, we advise you to contact the company. You can contact them via telephone or chat.
First, you should check your Amazon account to ensure that you have only one active Prime plan. That means, if you are active for multiple plans, you can be charged multiple times.
Also, Sometimes, Amazon places a pending charge on your account for the full amount to ensure the card is not stolen or lost. So, when you order more than one item, you may see various amounts posted to your account.
In short, Amazon charges you for the item which is shipped. So, if you are purchasing various packages, you will see various charges on your credit card statement.
Still, if you believe that you have been charged the wrong amount, you should contact Amazon customer service for a refund. It can also help you manage your Prime subscription, like canceling your subscription or changing your payment method.
Also, it may be a fraudulent charge if you see a charge for ” Amazon Prime PMTS ” on your bank statement and you do not have an active Prime member.
The Final Wrap Up
So, what you have learned in the article is PTMS in the transaction record stands for “Payments”, which means Amazon Prime Payments. Amazon Prime PMTS is a service which allows sellers to tokenize payment methods like credit cards. This can enable them to store these methods for future use.
Moreover, when you pay by Visa, the bill will appear as ‘AMZN.COM/PMTS’ and when you pay by Mastercard, the bill will appear as ‘AMZN MKTP US’.
Remember, Amazon Prime PMTS and Amazon Prime Membership are different. For example, if you are not an Amazon Prime Member, you can buy without being charged for Amazon Prime PMTS.
