MicrostockGroup
Agency Based Discussion => Adobe Stock => Topic started by: morning.light on June 27, 2013, 13:00
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I read somewhere that Fotolia pays contributors in different currencies. Does that mean that some contributors get more money than others? Let's say a contributor in Europe has 50 credits and one in USA has 50 credits as well. The one in USA will get 50 dollars and the one in Europe 50 euros? ( that's almost 15 dollars difference! ). Or something is done to compensate this?
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Yep, sign up in Europe.
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Yep, I signed up on the wrong side of the pond as well. And the difference is even bigger on GPB accounts
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Actually, the best deal is a Euro account not GBP especially if you're in a Euro currency country.
The payout in GBP is NOT £50 but 50 credits and a credit in GBP is £0.75. So, if you get paid out 50 credits from FT UK you actually get 0.75 X£50 = around €43 when the currency conversion is done through Paypal.
I don't know for certain but I thought that if you get paid out in Euro that you get 50 credits = €50.
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That wouldn't be fair at all but I guess I can't complain as I'm in Europe. I'm going to get my first payment in a few days and I really wouldn't mind if I would get 50 euros instead of dollars.
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I am in Europe too, but still get dollars. It depends on which site you signed up. And my bet is its a US site.
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Yep, I signed up on the wrong side of the pond as well. And the difference is even bigger on GPB accounts
No it isn't. Why do you continually pass comment when you clearly haven't got a clue what you are talking about?
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Uhm...I'm really confused now. So is there a difference or not?
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Uhm...I'm really confused now. So is there a difference or not?
Yes, there is a difference. Up to 40% difference based on recent currency rates.
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Yep, I signed up on the wrong side of the pond as well. And the difference is even bigger on GPB accounts
No it isn't. Why do you continually pass comment when you clearly haven't got a clue what you are talking about?
Its loose again. Dont you have better things to do then police the boards and insult people when you can?
Maybe I was wrong about the GPB account, but the euro account gets paid 1 credit 1 euro.
And I speak from experience when I say I am in Europe on a US account and get pad dollars. Thats fact. Eejit.
http://us.fotolia.com/forum/viewtopic.php?id=43330 (http://us.fotolia.com/forum/viewtopic.php?id=43330)
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Is there a way to find out which type of account I have? Or I have to wait for the actual payment?
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Click the link I posted
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I did but it redirects me to the general forum, I can't see a certain post.
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If you get paid out in US$ then for 50 credits, you get US$50. If you get paid out in GBP, then 50 credits means a payout of 0.75 X £50 = £37.50 = US$ 57.00. If you get paid in Euro, 50 credits = €50 is US$65.
Any currency exchange through Paypal will incur around a 4-5% poorer exchange than given above. Therefore the 'best' payment to receive is that in an FT Euro account which you convert to US$ but the actual advantage after a balance transfer with Paypal will only be 25 -26%. (Exchange rate € =$1.30 ie 30% more but Paypal takes 4-5%).
Of course, you're sort of on a double loser when you get paid out in US$ and have to convert to Euro; losing 30% on the dollar/Euro value and another 4-5% in the conversion.
When I joined FT, there was no English language Euro site option. I could have joined FT.de or FT.fr to get paid in Euro but then I would have had to understand the language in order to join. So I registered with FT.uk although I live in the Eurozone. My payout for 50 credits (£37.50) from FT.uk usually works out at €42-43 after Paypal conversion and commission.
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Click the link I posted
I assume your Fotolia account is bookmarked on your computer. If your url starts with en. fotolia.com, that's the UK site and payout is in 0.75GBP. If it starts with eu.fotolia.com, that's the English language Euro site and get paid in 'whole' Euro's. If it's fotolia.com payout is in 'whole' USD.
(I'm only sure about the first two options and assume that the US site is fotolia.com).
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It doesnt matter if the actial price for 1 sale is the same. I'm in Europe also and get €0,27 for subs. But I always wondered if the $ sales are the same. Do they get $0.27 or do they get $0.35?
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I did but it redirects me to the general forum, I can't see a certain post.
OK, it says You'll need to contact support to determine where your account is registered.
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If you get paid out in US$ then for 50 credits, you get US$50. If you get paid out in GBP, then 50 credits means a payout of 0.75 X £50 = £37.50 = US$ 57.00. If you get paid in Euro, 50 credits = €50 is US$65.
So was right afterall
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If you get paid out in US$ then for 50 credits, you get US$50. If you get paid out in GBP, then 50 credits means a payout of 0.75 X £50 = £37.50 = US$ 57.00. If you get paid in Euro, 50 credits = €50 is US$65.
So was right afterall
You are at double disadvantage being registered in the US and payout in USD when your spending currency is Euro. Is your $50 payout via Paypal around €36? If registered in the UK then it would be around €43 (post-Paypal) or the full whack of €50 if registered on eu.FT.
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Yes 35 euro.
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That's a big chunk to lose to make considering that FT sales are also a fraction of those on SS (for me anyway). You could always set up a second eu account and only feed new work into that. You're pretty active at adding new content so It wouldn't take long to get a few hundred there at eu. Don't know if I would run the risk of deleting from the USD account to place in the Euro account though. Ya never know what can happen there!!
I set one up some time ago and had a few sales but they quickly died off. Never reached payout and I've occasionally used accrued income to buy images for clients. Just didn't bother to add more images at a certain point as it went dead. I dunno but I had the distinct idea that the eu site wasn't really to be encouraged..........had one image that sold well in the first weeks but then seemed to get killed by some unknown mechanism and never sold again. Put it at SS and it's one of my best sellers........probably more to do with luck rather than anything else.
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Been thinking to set up an EU account and port everything over slowly. I need to figure this out somehow. Maybe start with a new EU account indeed and take it from their. Problem is my user name then as it has to be Semmick Photo. Email address is no issue, got plenty of them.