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StockXpert payment schedule

Started by xst, January 14, 2010, 00:00

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xst

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

#1
Quote from: mocker on January 14, 2010, 00:00
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
Denis Pepin Royalty-Free Stock Images
http://www.denispepin.com

designalldone

Thanks for posting Mocker, thats good to hear.

helix7

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."


cathyslife

#4
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.
#boycottShutterstock   #shutterstockBoycott

Jo Ann Snover

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.

cathyslife

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.
#boycottShutterstock   #shutterstockBoycott

helix7

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.


cathyslife

#8
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.

   
QuoteSo 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.
#boycottShutterstock   #shutterstockBoycott

massman

Quote from: cclapper on January 20, 2010, 21:07
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.

   
QuoteSo 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.

cathyslife

#boycottShutterstock   #shutterstockBoycott

PeterChigmaroff

I guess it's payday cause I just received a notice of payment.

helix7


Looks like things are going smoothly again. Just have to remember to put in those payment requests every Friday morning.