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Payment in EUROS

     
8:16 pm on Nov 23, 2006 (gmt 0)

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Why doesn't Google decide to start paying us in EUR - I'm absolutely fed up of getting $$$$$$ with this unfavourable exchange rate. I'm in the EURO zone like thousands of other Google partners - I expect to be paid in EUROS! Isn't google supposed not to be evil yet it continues supporting the evil!
8:40 pm on Nov 23, 2006 (gmt 0)

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well if you can choose EFT then choose it as they pay you in your country's currency, other than that, they are a United States incorporated and US tax residence based business so paying in dollars isn't that strange, it would cost them a hell of a lot more to pay everyone's cheques/checks in different denominations as they would have to set up accounts all over the wolrd just for that one business process and why should they do that?

if you want your own national currency and have to be paid in checks/cheques because your country is not on the EFT list then eliminate adsense from your site and choose a company from your own country to deal with...you might see a drop in income though!

9:57 pm on Nov 23, 2006 (gmt 0)

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It does not make a difference in what currency they pay you, the amount of money is the same.
11:58 pm on Nov 24, 2006 (gmt 0)

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luckystrike - EFT pays in euros.
2:36 pm on Nov 25, 2006 (gmt 0)

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No, last month the EFT in EU was payed in USD.

Yes, the Euro should be better for Adsense Payment, because USD is falling down, Euro is stabil.

Anyway, if you earn 1000$, it is the same, if you get 1000$ or 750, isn't?

2:52 pm on Nov 25, 2006 (gmt 0)

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Yes, the Euro should be better for Adsense Payment, because USD is falling down, Euro is stabil.

How would it be better? If Google were handling the dollar-to-euro conversion, you'd simply get fewer euros when the dollar dropped (in the same way that you get fewer euros if your bank is handling the currency conversion and the dollar is headed south).

11:54 am on Nov 27, 2006 (gmt 0)

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if you have thousands of $$$$ standing in your bank account when the national currency is EUROS you will know what I'm talking about. One its a fact the USD is unstable, second I'm charged fees everytime I convert any $$$$ - I think Google can easily start paying us earnings in the major currencies...I don't expect them to pay in every currency available obviously - they just don't want to!

[edited by: luckystrike at 12:02 pm (utc) on Nov. 27, 2006]

12:01 pm on Nov 27, 2006 (gmt 0)

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The amount of money would be the same.
1:15 pm on Nov 27, 2006 (gmt 0)

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If google would charge it`s european advertisers in euros then the amount wouldn`t be the same. Otherwisely it`s useless to change the currency.
1:46 pm on Nov 27, 2006 (gmt 0)

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Hmm, my EFTs are in euros...
1:53 pm on Nov 27, 2006 (gmt 0)

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You are from the right country. In Slovenia, only checks are possible.
2:43 pm on Nov 27, 2006 (gmt 0)

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If google would charge it`s european advertisers in euros then the amount wouldn`t be the same.

European advertisers can already get charged in EUROs. You can choose this when you sign up for an AdWords account.

[edited by: Zygoot at 2:43 pm (utc) on Nov. 27, 2006]

3:02 pm on Nov 27, 2006 (gmt 0)

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Though this is another sympton of the success of euro as an international currency, I agree is annoying the increasing gap between USD and euro. Somehow you feel you are on the losing side as it's easy to fall in the trap of thinking as if 1 USD = 1 euro.

Maybe Google could make the calculation in European receiving Adsense control panels directly in euros... but perhaps that's too complex as it would involve the daily change of value to be accounted at least monthly.

3:14 pm on Nov 27, 2006 (gmt 0)

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Google isn't a bank, and it's probably unrealistic to think that Google would want to deal with the complexities of issues like "OK, this click was purchased in euros and should be paid to publisher A in dollars" or "This click was purchased in dollars and should be paid to publisher B in euros, using the exchange rate that prevailed at the time the advertiser put money into his account."

Currency variations are simply a fact of life in a global economy, and we have to live with them in the same way that a U.S. or European importer of Elbonian widgets has to cope with a rise in the value of the Elbonian Franc.

One way to minimize any negative impact from changing currency valuations is to have revenue streams in more than one currency. AdSense may pay in dollars, but some affiliate programs pay in euros, pounds sterling, or other currencies, and a Web publisher with a global audience can take advantage of that fact.

3:30 pm on Nov 27, 2006 (gmt 0)

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No, last month the EFT in EU was payed in USD.

I was paid in Euro. Is Holland in Europe?

8:22 pm on Nov 27, 2006 (gmt 0)

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I do believe everyone is paid in dollar, humble. Your bank probably auto-transfers the amount to Euro because your account is in Euro.

That's the case for me.... I feel really sick by the way for losing so many this week with a large drop in the dollar right on PIP. Complot theory book here I come!

8:33 pm on Nov 27, 2006 (gmt 0)

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"Your bank probably auto-transfers the amount to Euro because your account is in Euro."

That's false!

In my google adsense account i see my amount in Euros.
And google publish there the change rate that applied.
This month (October income): 0,779 : 1
And you can see (in the google adsense account) your amount in USD and in EUR (when paid).

So the wire transfer is in EUROs.

7:56 am on Nov 28, 2006 (gmt 0)

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I loose 5% on conversion!
I want EURO, but Google doesn't send WIRE even in Romania and EFT is a strange and unknown thing around here...

In Romania USD has dropped ~ 20% in the last 4 months an my national currency (RON) is stronger than ever.
All is raported to EURO anyway... that's Europe.

8:29 am on Nov 28, 2006 (gmt 0)

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I do believe everyone is paid in dollar, humble. Your bank probably auto-transfers the amount to Euro because your account is in Euro.

Jinxboy, in my case that's correct.
My Adsense stats (the poor they may be) are in US$.
But since I have a regular Dutch bank account,
the money shows up in Euro.

For the past 18 months I have hoped for the US$ to gain a bit, preferably to at least a level where 1 US$ = 1 Euro.
For us europeans that would mean about a 25% rise in earnings (if all other metrics stay the same).

I alway make an estimate at the end of the month: how much Adsense cash will appear on my account this month? I believe the average exchange rate for the past few months was about 1 US$ to 0,78 Euro. But Google always pays me a bit more, as if the exchange rate was a bit better, more like 1 US$ to 0.80 Euro. So I don't have complaints.

8:59 am on Nov 28, 2006 (gmt 0)

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I have found that Google pay slightly more than current exchange rate prices. I am paid in dollars and the money gets converted into UK pounds.
9:17 am on Nov 28, 2006 (gmt 0)

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Yes, they do seem to use a favourable exchange rate. Yesterday a payment came into my account at about 1.5% above the retail rate, so although it was affected by the drop in value of the dollar, Google did cushion the blow somewhat.
12:41 pm on Nov 28, 2006 (gmt 0)

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They always use the rate of the 15th day of the month!

Sometimes is negative for us, sometimes positive.

1:50 pm on Nov 28, 2006 (gmt 0)

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I was pondering the subject of the very unworthy dollar myself this morning. The system runs in dollars and is paid in whatever is the currency of our account, thankful at least that that is all pretty painless, but the exchange rates are a bit frustrating sometimes and no - it's not really something Google can solve.

One other thought. Does that mean that the current exchange rate allows advertisers to spend more on advertising?

8:25 pm on Nov 28, 2006 (gmt 0)

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I am in the UK and am paid in pounds.
11:08 am on Nov 29, 2006 (gmt 0)

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Obviously you're paid in pounds, davelms, the UK doesn't have the euro.
5:57 pm on Nov 29, 2006 (gmt 0)

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;-)

Haha - I think my comment works best in the context of some of the comments before it, one in particular, but on its own I admit it does look quite foolish. And I was even going to "quote" as well, but I couldn't see the button! Ah well... :-D

<closes the door on his way out>

 

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