Kindle Publishing Tip
Great news indie authors or absolutely anyone who needs to collect money for any reason from the USA and you don’t have a US bank account.
Payoneer have a debit card system which also grants you a US bank account number. It is a virtual bank account, but they state in their application that Amazon will pay into your Payoneer account.
They call it a US Payment Service.
You have to submit all the usual details to open a bank account including photo ID.
I have submitted my photo ID, a colour scan of my photo ID.
Beats waiting months for cheques in the snail mail.
It’s a simple process, quite quick and the money is easily transferred onto the card. It not only works for book royalty payments, but anyone can deposit money from anywhere in the world into this account. (Great if you are travelling too!)
The following is a list of some of the online businesses you can request your earnings be placed into your Payoneer US Payment Service. There is a full list of companies on the application form.
- Amazon.com
- Barnes & Noble
- eBay
- E-Trade Financial Corporation
- Etsy
Link to Payoneer to apply for your debit card and US Payment Service, click here.
For more publishing tips, click here.
6 comments
Alex Mitchell
Great news Aishah! This could make author’s lives so much easier. I look forward to hearing how you get on so I can share the great news with my clients; the whole US bank account thing has been a real bugbear! Thanks for sharing
14/09/12121212
aishah
Alex, I’m holding my breath.
28/09/12121212
Marj
It sounds great. And yet, is it legit? It would be a great way for people to harvest IDs for identity fraud.
12/06/13131313
Marj
I’ve been investigating. There seem to be some very doubtful people out there – enough warning signs that I think I might stick to cheques for now. Maybe one day Createspace and Amazon will see reason and treat their Australian authors as they should be treated.
12/06/13131313
aishah
The card you get with Payoneer is a Mastercard. Mastercard are 100% legit and do not issue their cards to any provider who is doubtful. Your information is as safe as it can be with any Mastercard or Visa provider. Also, the bank routing number is with First Century Bank, a US bank that is more than 100 years old.
I have been informed by people who work with internationl banking transfers, it’s not Amazon who won’t pay into Australian Bank accounts, apparently it’s the Australian Banking system that makes it difficult for Amazon!
Also, I would NEVER promote anything that is doubtful, you have my word on that. If you have any information casting suspicion on the the Payoneer Mastercard or the First Century Bank, I would like to see it! So far, I have nothing but praise, and I am using the system regularly.
12/06/13131313
Marj
Just what I found on Google. Pleased to hear that it’s all good.
12/06/13131313