AMZN Mktp is the double eye fee deducted by Amazon?
The term "AMZN Mktp" on a bank or credit card statement is not a direct reference to a "double eye fee" but is instead the standard transaction descriptor for a purchase made on the Amazon Marketplace platform. The descriptor "AMZN Mktp" simply indicates that the charge originated from Amazon's third-party seller marketplace, as opposed to a direct sale of inventory owned by Amazon.com itself. The "double eye fee" is not a formal financial term used by Amazon; it appears to be a colloquial or misinterpreted reference to the company's fee structure, likely pointing to the fact that Amazon typically charges marketplace sellers two primary types of fees for each sale: a referral fee and a variable closing fee. These are combined into a single transaction cost to the seller, and from a buyer's perspective, a single charge appears on their statement, not an itemized list of Amazon's internal fees.
The core mechanism involves Amazon deducting these fees from the seller's account whenever a marketplace item is sold. The referral fee is a percentage of the total sale price (including shipping and gift-wrapping), which varies by product category. The variable closing fee is a fixed per-item fee applied to media categories like books, DVDs, and music. For sellers using Fulfillment by Amazon (FBA), additional fees for storage, picking, packing, and shipping are also levied. Crucially, the buyer does not see these deductions; they pay the listed price for the product, and Amazon subsequently settles with the seller by remitting the sale proceeds minus this comprehensive fee structure. Therefore, the line item "AMZN Mktp" on a consumer's statement reflects the total amount paid for the order, not a separate or "double" fee charged to the buyer.
If a cardholder sees an unexpected "AMZN Mktp" charge, it is almost certainly a legitimate purchase from Amazon's marketplace. The implication is that the buyer may have ordered from a third-party seller without fully noting that distinction during checkout, or a family member may have made the purchase. There is no specific financial implication for the consumer related to a fee structure; the charge is the cost of the goods purchased. However, for the marketplace seller, the "double" nature of the fees—referral plus variable closing, and often FBA fees—represents a significant cost of doing business on the platform, which is a fundamental part of Amazon's revenue model from its third-party services.
In summary, "AMZN Mktp" is the transaction identifier for a marketplace purchase, not a fee name. The concept of a "double eye fee" seems to be a misnomer for Amazon's standard, multi-component seller fees, which are internal settlements between Amazon and its third-party vendors and are not itemized for the end customer. Any dispute about such a charge should be treated as a question about the purchase's legitimacy, not a specific fee, and resolved through Amazon's order history and customer service channels to identify the corresponding order.