Author Topic: StockXpert payment schedule (Read 2062 times)

xst · « **on:** January 13, 2010, 19:00 »

got response from support:

All royalties will be transferred to your Paypal or Moneybookers (as you
chose in your account preferences) account this coming Friday, January 15,
2010.

Starting January 15th, all payments will be processed weekly, every Friday.

We apologize for the delay and appreciate your patience during this
transition time.

If you have any further questions, please do not hesitate to contact us.

Yours,

Darek

iStockphoto Team

cybernesco · « **Reply #1 on:** January 13, 2010, 19:40 »

Quote from: mocker on January 13, 2010, 19:00

got response from support:

All royalties will be transferred to your Paypal or Moneybookers (as you
chose in your account preferences) account this coming Friday, January 15,
2010.

Starting January 15th, all payments will be processed weekly, every Friday.

We apologize for the delay and appreciate your patience during this
transition time.

If you have any further questions, please do not hesitate to contact us.

Yours,

Darek

iStockphoto Team

This is good news thank you for sharing Mocker

Denis

designalldone · « **Reply #2 on:** January 13, 2010, 20:04 »

Thanks for posting Mocker, thats good to hear.

helix7 · « **Reply #3 on:** January 20, 2010, 09:43 »

Via Seb at the StockXpert forum about payment request cut-off times:

"The cut off is 9 am MST each Friday to be paid this Friday."

cclapper · « **Reply #4 on:** January 20, 2010, 10:28 »

That makes it clear as mud. So if request is made by 9am this Friday, we will also receive the payout this Friday, the very same day?

I asked the question on the StockXpert forum as well.

jsnover · « **Reply #5 on:** January 20, 2010, 12:09 »

Doesn't this sound like a variation on the IS payment scheme - weekly payments one week in arrears? IOW if you request by the cutoff on a Friday, you get paid the following Friday.

cclapper · « **Reply #6 on:** January 20, 2010, 14:55 »

jsnover, that is what I figured it would be, the same as IS's payment scheduled, except on a Friday instead of Monday.

Wonder why they just don't say so. Better to issue a bunch of double-speak and confuse everybody.

helix7 · « **Reply #7 on:** January 20, 2010, 16:00 »

Actually I was understanding it to mean that whenever you make a request, you get paid the very next Friday. Like if I put in a request today, I get paid Friday the 22nd.

Not sure how it could work otherwise. You can't have multiple payout requests in at the same time, so the istock method wouldn't work. I couldn't get a request in for next week if I already have a pending request to be paid out this week. The cutoff time would prevent that.

cclapper · « **Reply #8 on:** January 20, 2010, 16:07 »

So if I make a request Friday morning, the 22nd, at lets say 8am, I am going to get a paypal payout that same day? That doesn't seem like something these places can do that fast. I hope you are right.

Seb posted after my question.

Quote

So if we request payment by 9am this Friday, we will receive our Paypal payment this Friday, the very same day? I hope that's true, that would rock.

157. Jan 20, 2010 11:27 AM | posted by lisafx

Thanks for the response Seb. I assume then that there isn't a week delay like at Istock?

That would be great

158. Jan 20, 2010 1:19 PM | posted by seb_p

According to my iStock sources, this is how they plan to pay. Good for you guys that you don't have to wait.

massman · « **Reply #9 on:** January 22, 2010, 11:51 »

Quote from: cclapper on January 20, 2010, 16:07

So if I make a request Friday morning, the 22nd, at lets say 8am, I am going to get a paypal payout that same day? That doesn't seem like something these places can do that fast. I hope you are right.

Seb posted after my question.


Quote
So if we request payment by 9am this Friday, we will receive our Paypal payment this Friday, the very same day? I hope that's true, that would rock.

157. Jan 20, 2010 11:27 AM | posted by lisafx

   Thanks for the response Seb. I assume then that there isn't a week delay like at Istock?

That would be great

158. Jan 20, 2010 1:19 PM | posted by seb_p

   According to my iStock sources, this is how they plan to pay. Good for you guys that you don't have to wait.

I can confirm that this is correct. I made a payment request today about 10:00 GMT and have just had the funds paid to my paypal account. Smooth.