Getting error during setup

I am getting the following error. Not sure what this means.

near '(14) NOT NULL, PRIMARY KEY (payment_id), KEY member_id (member_id) )' at line 16
SQL:

How do I fix this.

I am using MAMP 2.0.3 on a MacBookPro

additional info

Here is the complete error message:

You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near '(14) NOT NULL, PRIMARY KEY (payment_id), KEY member_id (member_id) )' at line 16
SQL:

# Table structure for table 'payments'
#

CREATE TABLE amember_payments (
payment_id int(11) NOT NULL auto_increment,
member_id int(11) NOT NULL ,
product_id int(11) NOT NULL ,
begin_date date NOT NULL ,
expire_date date NOT NULL ,
paysys_id varchar(32) NOT NULL default '',
receipt_id varchar(32) NOT NULL default '',
amount decimal(12,2) NOT NULL default '0.00',
completed smallint(6) default '0',
remote_addr varchar(15) NOT NULL default '',
data text,
time timestamp(14) NOT NULL,
PRIMARY KEY (payment_id),
KEY member_id (member_id)