Amazon changeJanuary 21st, 2014 | Posted by in Uncategorized
I saw this yesterday on Amazon’s newsletter.
Minimum Electronic Payment Threshold Removed
Kindle Direct Publishing (KDP) authors who receive their royalty payments electronically will now be paid in full every month for all their sales without any minimum thresholds for payout. This gives authors greater access to their earnings and a more reliable payment schedule, 60 days after the month royalties are earned. It’s easy to set your account payment preference for the Electronic Funds Transfer (EFT) royalty payment option. Simply sign in to your KDP account and under “Your Royalty Payments,” select EFT for each applicable marketplace.
This is great news because many authors have difficulties getting payment information. Now authors can access their accounts and receive payments, no matter the amount, every month!
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