Amazon reportedly paying back money owed to UK tech suppliers

Amazon has begun paying back money it owes to UK IT distributors and suppliers for deliveries made as early as spring 2015, according to reports.

Last month, several unnamed IT distributors told The Register that they were still chasing up payments from the etailer. The overall figure allegedly runs into seven figures overall.

The delay in payments apparently came about after Amazon made an internal system change in the first quarter of 2015.

Now suppliers have said that Amazon is starting to pay some of them back, though one distributor is not expecting to receive the full payment.

"There is a settlement on the table but Amazon has not agreed to pay the total bill,” one source told The Register anonymously.

“I have no idea how many pence in the pound Amazon has offered to others. I have talked to half a dozen suppliers about this.”

Another supplier added: "Amazon is not saying it won’t pay [additional future payments], they are chipping away at it. They are being quite straightforward – they are open to further settlements."

PCR has reached out to Amazon which said it will look into this. We’ll update this article with any response or comments we receive from the etailer on the matter.

Check Also

Acer expands UK horizons with Bridgehead alliance

Bridgehead International is collaborating with Acer, which marks Acer’s commitment to supplying a diverse range …