Forum Moderators: martinibuster
What's people feelings on google still using cheques as the only way to pay account owners?
I live in the uk and have to pay over £10 to cash the cheques, I have been running adsence now for over 4 years and must have spent over £200 on cashing google adsence cheques.
I wish google would pay us via Pay Pal or offer other electronic payment options to save those of us outside the USA money on cashing cheques
What do you think?
[edited by: webmasterguy at 9:41 pm (utc) on Mar. 14, 2005]
Getting checks here in the jungles of SA (that's a little exaggeration) is a hit and miss situation especially when everything else in the world is electronic.
How about just crediting it to my AdWords account. That seems fairly simple.
My Swedish bank charges me SEK 130 {¡Ö USD 19) per cheque, and it still takes them a week to process.
Paypal would be a perfect solution for me.
I cant see why they cant pay us via Pay Pal or offer other electronic payment options.. Baffles me.
A recent update to the payment stats indicated that an update may be coming soon, due to the addition of a 'Payment Type' field (currently only cheque).
Really though, as nice as Paypal might sound, they will gouge the <bleep> out of you on a big cheque. It's painful enough to get 61 cents taken off my $10 products.
Direct bank deposit is the only viable alternative.
Direct bank deposit is the only viable alternative.
Really though, as nice as Paypal might sound, they will gouge the <bleep> out of you on a big cheque. It's painful enough to get 61 cents taken off my $10 products. ]
You have a point Flyerguy, infact the bigger the cheque the bigger the cut with Pay Pal - so yup i agree with you that direct bank deposit does seem the only viable alternative.
[edited by: webmasterguy at 9:39 pm (utc) on Mar. 14, 2005]
It's the need for adsence account payment CHANGES thats the issue. Those of us outside the UK don't want to have to pay a huge fee to cash google adsence cheques and having to wait 5- 7 days to get your money. So yup we have been discussing this issue for a few years but we are still waiting for a change!
So we are hopeing google do come up with an more effective adsence payment alternitive asap!
[edited by: webmasterguy at 9:56 pm (utc) on Mar. 14, 2005]
I have been running adsence now for over 4 years and must have spent over £200 on cashing google adsence cheques.
Really? I'm not really all that up on this stuff but didn't Adsense just start in June of 2003, just *under* two years ago?
Shortzz
infact we started our account on the 3rd Dec 2003 is that better! not that its got anything to do with the discussion.
Really though, as nice as PayPal might sound, they will gouge the <bleep> out of you on a big cheque. It's painful enough to get 61 cents taken off my $10 products.
I have used PayPal extensively for over 4 years and as a Premier account I get charged approx. 3% on payments. If AdSense was sending a $200 payment that would be $6. it costs nothing to deposit it to one of my approved foreign accounts.
61¢ on $10 is 6%.
For me that would be fine as it's a 50/50 chance that our country's mail system would not get the cheque to me - especially if it LOOKED like a cheque.
However we could see direct payments in the future.
I currently pay 15 euros for the cheque processing and have to wait 7 days. I would have the advantage as well of immediate withdrawal through Paypal, however the 'service' charge would be much more than 15 euros.
I have used PayPal extensively for over 4 years and as a Premier account I get charged approx. 3% on payments. If AdSense was sending a $200 payment that would be $6. it costs nothing to deposit it to one of my approved foreign accounts.61¢ on $10 is 6%.
The way PayPal works, you (as a publisher) wouldn't have to pay anything to receive money from Google via PayPal (if they offered it).
Google would just need to pay PayPal a small fee (with a max fee of $1 to use the PayPal "MassPay" feature).
So, unless PayPal is charging you to transfer money from your PayPal account to your bank account (which is free in the US and other countries), then there would be no fee for this service.
As Jenstar stated though, it's doubtful that they would use PayPal (although Fastclick deals with large publisher payments and pays via PayPal).
I have a feeling direct deposit/ach payments will be a more likely option when they get around to making it a priority.
Wire transfers, free worldwide over a certain size, are the only way to go
Depends on your definition of a "wire transfer".
My bank charges me for incoming and outgoing "wire transfers", however "ACH" deposits and withdrawls are free.
it also takes a whopping 30 days to actually clear the cheque and get access to my money. (however it does show in my bank account, I just can't draw on it.. so good thing is I am still getting paid interest even though I can't actually physically get the cash until it clears.)
sux.
so i'm all for other payment options they can come up with that will benefit us.
There is big money in holding funds and this system leaves millions of $'s in Googles bank for longer than it would with direct transfer.
Also how many cheques never get cashed, lost in the post, held for a month or even forgotten about.
There are milllions of sites out there with adsense on that are now dormant, people moving address etc.
Millions a year must go unclaimed.
It also relieves them of the problems etc involved in converting to local currency as many accounts in different countries would not take a foreign currency transfer etc
I just hope everyone who would like direct deposit has at least written an email to Google requesting it. Don't think they don't have better things to do than troll message boards!
You should pester Paypal to have this in Italy.
G is so big that it can actually start its own payment services.
Elfred, actually that's not true at all. Until the check is actually cashed or deposited by the recipient it is considered "float" and Google will collect whatever pittance of an interest it can gather from the days between the check is sent out and the funds are phsyically claimed by the recipient (or the recipient's bank).
Offsetting that you naturally have the postage and check printing fees -- yet Wall Street likes to see companies hang on to their money for as long as they can and that may be why something as logical as direct deposits has been a slow moving migration process for Google.
I would desperately like direct payment from Google straight into my UK bank account every month. It would save me a lot of bother and commission
Looks like your desperation is over :) Google added Electronic Funds Transfer as a payment option today!
