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Agency Based Discussion => Adobe Stock => Topic started by: karkozphoto on December 04, 2013, 13:44

Title: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: karkozphoto on December 04, 2013, 13:44

I decided to try Moneybookers/Skrill as a payment option and opened Skrill account with base currency EUR. I made support ticket to Fotolia to change my payout currency from PLN to EUR as I wanted to get most of my new Skrill account and MasterCard in EUR they offer. Unfortunately I got a negative response that they are not able to do anything, because of a zone I originally registered my account, in my case Poland. In the same time I discovered quite shocking thing, how differently we are paid because of their "zones". As you know, on Fotolia we earn credits, which  with a payout are converted by their rates to our zone currency. Have a look at my research:

Currency------1 credit price----------exchange rate---------credit price in USD

JPY zone------1 credit=150 JPY------JPY/USD=0,011-------1,650USD
EUR zone-----1 credit=1 EUR--------EUR/USD=1,329------1,329USD
GBP zone-----1 credit=0,75 GBP-----GBP/USD=1,563------1,172USD
SEK zone-----1 credit=7,10 SEK-----SEK/USD=0,152------1,079USD
USD zone-----1 credit=1 USD--------USD/USD=1-----------1,000USD
KRW zone----1 credit=1100 KRW----KRW/USD=0,0009----0,990USD
PLN zone-----1 credit=3 PLN---------PLN/USD=0,313-------0,939USD
ZAR zone-----1 credit=7,5 ZAR------ZAR/USD=0,107------0,802USD

My rates are based on Bloomberg average from max/min rates from 52wk range.

What does it mean for us? For the same hard work we are paid so differently. Let's say we have 1000 credits accumulated. Guys from Japan will get 1650 USD, while ones from South Africa only 802 USD and me from Poland 939 USD :( Got extremely upset... Solution? Go for a trip to Japan and open a new account  ;) (It is not a joke, I was told by Fotolia support to do this if I want to be paid in different currency)

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: Ron on December 04, 2013, 14:15

Yeah, I am missing out on 400 dollar every 1000 credits. I dont even want to think about it.

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: tickstock on December 04, 2013, 14:18

4

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: cthoman on December 04, 2013, 14:28

Fotolia? Never heard of them.  ;)

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: Jo Ann Snover on December 04, 2013, 14:29

It is completely outrageous, but has been debated many times before. Unfortunately, what they're doing isn't illegal, however sad sack their ethics are

http://www.microstockgroup.com/fotolia-com/fotolia-now-paying-less-than-16- (http://www.microstockgroup.com/fotolia-com/fotolia-now-paying-less-than-16-)!!!!!!/

http://www.microstockgroup.com/fotolia-com/so-how-much-exactly-is-worth-1-credit/ (http://www.microstockgroup.com/fotolia-com/so-how-much-exactly-is-worth-1-credit/)

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: heywoody on December 04, 2013, 16:54

Yes, the euro payouts do take some of the pain away  8)

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: topol on December 04, 2013, 16:57

People from s. africa get payed less than half for the same thing as ppl from japan :O that's severely insultive...

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: morning.light on December 12, 2013, 22:03

Wow, that's good to know. I go to Japan every year, will open an account from there next time. Unfortunately I just came back from this year's trip...

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: Curvabezier on December 13, 2013, 00:02

Wow, don´t even want to know how much Im missing out here in South America.

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: gillian vann on January 27, 2014, 03:39

what's the Aussie rate?  please tell me, for once, it's in my favour?

Title: Re: How we are underpaid by Fotolia because of the zone where we opened our account.
Post by: emicristea on May 23, 2014, 04:27

Why, from Romania, they put me USD currency? Whe are in Europe Union, and if we don't have EUR local currency the have to put us on EUR currency, not in USD.

Is anywhere a list with all countries and currency zones?