Friday, August 28, 2015

Payoneer and how it can help Indie Authors!

Ever had the problem of receiving royalties from Amazon because you do not have a US bank account?  If yes, then continue reading as this blog will help solve your concern.

Continue reading if you are any or a combination of the following:

  • have published an ebook in Amazon.com
  • have no US bank account
  • prefer to receive royalty payments via EFT, instead of via wire transfer or check.

The solution is simple, sign up for a Payoneer account and you will be issued a bank account which you can setup in your KDP account.  After this, of course, you will have to enter the details of your local bank account such as the SWIFT code and the account number.  The rest will be the usual confirmation via your email.

The setup of your own account is free, but there will be charges when you receive payments.  I am more than happy to be charged a small percentage rather than wait for sales to accumulate to $100USD, and wait for check to be delivered to my doorstep.  At least with EFT, there is no minimum amount before royalty payments will be paid out to you.

This is a huge help to indie authors who live outside the US.  Interested?  If yes, feel free to visit Payoneer.com.

Keep writing!  I hope you become inspired to write and publish more with this information.

Cheers.