MicrostockGroup
Agency Based Discussion => Adobe Stock => Topic started by: ichiro17 on November 16, 2006, 17:33
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I was just wondering if its possible to get a cheque from them as Paypal takes too large a cut. Anyone know?
Thanks,
Joseph
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I had read about the cut from paypal before, but I just got my first two payouts, one fotolia and one SS, and there was no fee for either. I was surprised, but I'll take it.
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What's the fee for PayPal? I've never noticed one.
As far as I can tell, if you're outside the States, PayPal is a lot better deal than cheques. Try to cash a cheque here, in a Swiss bank, and they take about half of it as something they call 'commission'. (No wonder the ports in the south of France are stuffed with bankers' yachts.)
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i would sudjest paypal as well. You need a personal payapl account though NOT a business account. I have two paypal accounts, one that can accept credit cards (the business account - which is used for ebay things) and a private personal paypal account that i use for mircrostocks... that ones doesn't have any fees. The conversion fee is pretty crappy through paypal, but i think it is better than all the fees i would incur with using a cheque.
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If the payout is above $50 FT don't a cut if is below $50 they make a $1 charge.
Paypal no so clear cut as far as I know PLEASE CORRECT IF WRONG
If you have a Personal account linked to a bank account supposedly no charges
Unless they fund their payment with a credit card I think StockXpert did to Leaf but they sorted that out months ago.
If you have a premier/business account then you can incur charges for receiving payments
Any charge is going to be less than the huge chunk a bank is going to take out of a US dollar cheque
FT started off sending cheques, I think they still do.
I know SS has raised its minimum cheque payout to $300 still $75 for paypal and moneybookers
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If the payout is above $50 FT don't a cut if is below $50 they make a $1 charge.
Paypal no so clear cut as far as I know PLEASE CORRECT IF WRONG
If you have a Personal account linked to a bank account supposedly no charges
Unless they fund their payment with a credit card I think StockXpert did to Leaf but they sorted that out months ago.
If you have a premier/business account then you can incur charges for receiving payments
Any charge is going to be less than the huge chunk a bank is going to take out of a US dollar cheque
FT started off sending cheques, I think they still do.
I know SS has raised its minimum cheque payout to $300 still $75 for paypal and moneybookers
well put
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I have a business account and for things I've sold on Ebay, there were charges. There were no fees on the payments I have got from SS or Fotolia.
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yeah that is true: if you have a business account and the sender is sending money using paypal funds there is no fee. if they fund the payment via credit card or bank account (i think) there is a fee.
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i am going to try Paypal once i can get my first payout. I am still waiting for it since joining stock in July06. Sigh...Bigstock should be able to get it soon, hopefully this month. Its been a long wait.
I am going to try paypal cos i was once given a US$ cheque and i live in s'pore. they had no alternative payment. So i bank in the cheque. The bank took more than S$20 which is more than 10% of the S$ equivalent amount as charges. I think paypal charges much much less than the banks. Banks are blood suckers. They are "loan sharks" in disguise, with credit card charges of 24%!
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Not to hijack but it's sort of related.... How long does it take StockXpert to cut a check? It's been saying pending for over a week now. Is this normal for them? This will be my first StockXpert payout.
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Glad you asked, they're next on my hit list :-)
Back to the original thread, Fotolia took 8 days