Kindle Payments

by oppyeaunome

Posted: 11 years ago 8 replies

INTERNET MARKETING

I have a question warriors I'm thinking about publishing on kindle but I want to know how long or what day of the month does kindle publishing pay by method of EFT?

Thanks

Peace

#kindle #payments

cashcow 11 years ago

It takes 60 days to get payment and it usually comes on or near the last day of the month.

So if you started earning money in May, you wouldn't get your first check until the end of July.

I can't remember if they have a a minimum payout.
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- oppyeaunome 11 years ago
  
  So even by EFT it takes so long?
  
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  cashcow 11 years ago
  
  Originally Posted by oppyeaunome
  
  So even by EFT it takes so long?
  
  yep. It probably takes longer if you have them send a check.
  
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GobBluthJD 11 years ago

There's a minimum payout of $10 for EFT and $100 if they are sending you a check.
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- oppyeaunome 11 years ago
  
  So GobBluthJD does it really take 60 days for an EFT payment? Why does it take so long?
  
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  GobBluthJD 11 years ago
  
  Originally Posted by oppyeaunome
  
  So GobBluthJD does it really take 60 days for an EFT payment? Why does it take so long?
  
  I'm afraid so. Per their site: "The balance of each account will be paid sixty days after the end of a month in which the balance accrued at least $10/£10/€10/Rs 500 for Electronic funds transfer or $100/£100/€100 for payments by check"
  
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  Kay King 11 years ago
  
  Here are the answers from Amazon...
  
  https://kdp.amazon.com/self-publishi...A2QXUTPLVVUEMS
  
  As for why it takes 60 days - it's what Amazon chose and probably due to allowing time for refunds, etc.
  
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  oppyeaunome 11 years ago
  
  Uhh Shucks Thanks Guys! I honestly thought that EFTs were done faster than by check, but it is what it is.
  
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Kindle Payments

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