Quote from: tätarätä on February 24, 2023, 15:04
From my point of view i see a benefit being paid in USD.
Probably its just my opinion but i think inflation will get worse in Europe next years.
USD will do better. The 3% PayPal currency exchange rate is annoying but maybe it will be better to keep income in USD at PayPal.
Just if you don't need the microstock money every month at your Euro bank account.

If that really happens and $ becomes much stronger than €, I could bet that AS won't keep 1 = 1 ratio for these currencies.

Quote from: Lina on February 25, 2023, 10:29

Quote from: tätarätä on February 24, 2023, 15:04
From my point of view i see a benefit being paid in USD.
Probably its just my opinion but i think inflation will get worse in Europe next years.
USD will do better. The 3% PayPal currency exchange rate is annoying but maybe it will be better to keep income in USD at PayPal.
Just if you don't need the microstock money every month at your Euro bank account.

If that really happens and $ becomes much stronger than €, I could bet that AS won't keep 1 = 1 ratio for these currencies.

I get your point but it's Unlikely... they're paying you a dollar so it doesn't cost them any more or less. They're saving by reducing red tape, staff and systems converting currency in house. It's the bank / payment system that takes on that job and takes a % cut by offering a slightly less favourable conversion rate.

Quote from: HalfFull on February 25, 2023, 11:17

Quote from: Lina on February 25, 2023, 10:29

Quote from: tätarätä on February 24, 2023, 15:04
From my point of view i see a benefit being paid in USD.
Probably its just my opinion but i think inflation will get worse in Europe next years.
USD will do better. The 3% PayPal currency exchange rate is annoying but maybe it will be better to keep income in USD at PayPal.
Just if you don't need the microstock money every month at your Euro bank account.

If that really happens and $ becomes much stronger than €, I could bet that AS won't keep 1 = 1 ratio for these currencies.

I get your point but it's Unlikely... they're paying you a dollar so it doesn't cost them any more or less. They're saving by reducing red tape, staff and systems converting currency in house. It's the bank / payment system that takes on that job and takes a % cut by offering a slightly less favourable conversion rate.

It took 4 pages and there's the answer. Nothing but making bookkeeping easier. US company pays in US dollars.

Quote from: HalfFull on February 25, 2023, 11:17

Quote from: Lina on February 25, 2023, 10:29

Quote from: tätarätä on February 24, 2023, 15:04
From my point of view i see a benefit being paid in USD.
Probably its just my opinion but i think inflation will get worse in Europe next years.
USD will do better. The 3% PayPal currency exchange rate is annoying but maybe it will be better to keep income in USD at PayPal.
Just if you don't need the microstock money every month at your Euro bank account.

If that really happens and $ becomes much stronger than €, I could bet that AS won't keep 1 = 1 ratio for these currencies.

I get your point but it's Unlikely... they're paying you a dollar so it doesn't cost them any more or less. They're saving by reducing red tape, staff and systems converting currency in house. It's the bank / payment system that takes on that job and takes a % cut by offering a slightly less favourable conversion rate.

Well, they are still charging buyers in €, so I guess they are not saving that much, they still have to do some conversions. And I believe it goes mostly automatically these days, not that they calculating by hand so it needs so many resources.

Most companies make nothing from that as the credit card / bank takes your £ € and charges you X amount to convert to the dollars payment.

Effectively a 10% paycut for all contributors outside the USA factoring in the conversion and rates from paypal etc.

Not a good look.  Commission reduction via the back door.

Quote from: HalfFull on February 25, 2023, 08:15
True... but that doesn't mean it's right that we should be treated unfairly just to help the EU.

Of course not, I did not say that. All I said was that this is a move by Adobe to drastically reduce contributors' income and that it doesn't matter that a few people will now get more money, when a lot of people will get less, because overall in the end Adobe pays out much less money to contributors than before, but still gets the higher € prices from all European customers. It's just a greedy sheme to mask a commission cut.

A fair way would be to treat all contributors the same. If an image was sold for a higher € price, then the contributor the image belongs to should also get a higher commission, completely regardless of whether he is in the US, the UK, or somewhere in the € zone. We should all get the percentage we were promised from a sale, not from some made up $ price that does not equal what the image was really sold for.

Quote from: gnirtS on February 25, 2023, 15:11
Effectively a 10% paycut for all contributors outside the USA factoring in the conversion and rates from paypal etc.

Not a good look.  Commission reduction via the back door.

So effectively people who got paid in dollars were making 10% less than the rest of the world all this time? When do we get compensated for the inequity that gave you more than us? 🤔 😈

Quote from: Uncle Pete on February 25, 2023, 17:46

Quote from: gnirtS on February 25, 2023, 15:11
Effectively a 10% paycut for all contributors outside the USA factoring in the conversion and rates from paypal etc.

Not a good look.  Commission reduction via the back door.

So effectively people who got paid in dollars were making 10% less than the rest of the world all this time? When do we get compensated for the inequity that gave you more than us? 🤔 😈

Exactly, I didn't see any contributor complaining when they we're getting more than the dollar conversion rate... certainly no one from the EU was saying, common, those poor folks in the UK and other countries have been getting way less than the official exchange rate for many years!

If customers pay in in Euros based on exchange rate, then it's only right that contributors also receive dollars so they too can receive the proper exchange rate.

As it stands at the moment, these made up exchange rates are rarely ever providing the contributor with the correct rate. The new system will but some who were benefiting while others were suffering are now upset they've lost the additional extra above the official rate. Why should they pocket the extra others lose out on?

Listen... this is the last I'll say on it but to me it's not a conspiracy to do the EU contributors out of earnings, it's to streamline their bookkeeping, making the system easier to manage and make sure everyone is able to obtain the official exchange rate into their own currencies.

The Dollar, like it or not, is classed as the international currency and Alamy and many other UK companies use it when the majority of their customers live outside the UK. Today you may be down, tomorrow you maybe up but it no longer will be someone in a grey suit in a boardroom deciding it just because they want to skim some extra money (SS), it's the economy of the free world deciding the value of the exchange rate.

Quote from: Jens G on February 24, 2023, 12:57
Yesterday I decided to apply for a Payoneer account, and was quickly approved.

But I managed to get it blocked at first log in.

The code, that was supposed to come at my phone, didn't arrive.
I tried resend a couple of times, and when it finally came, I got a message that it had taken too long, when I entered it(it was only a few seconds after it arrived). On next attempt, I got a message that I had entered a wrong code too many times(I had only entered a code once), and that my account was blocked.

I have not been able to find a way to contact Payoneer about the blocked account, so I guess that's it for me with Payoneer.

have you tried using a different email? 

Quote from: Uncle Pete on February 25, 2023, 17:46

Quote from: gnirtS on February 25, 2023, 15:11
Effectively a 10% paycut for all contributors outside the USA factoring in the conversion and rates from paypal etc.

Not a good look.  Commission reduction via the back door.

So effectively people who got paid in dollars were making 10% less than the rest of the world all this time? When do we get compensated for the inequity that gave you more than us? 🤔 😈

You should ask Adobe, european contributors didn't take anything from you. Plus currently it is around 10% with conversion to euro, which you don't need to do.

Adobe wont offer the chance to pay for CC in USD though.  That's local currency so they're winning twice there.

Maybe everyone should be paid in Euros, if you look at the USA now.

Quote from: cascoly on February 25, 2023, 18:56

Quote from: Jens G on February 24, 2023, 12:57
Yesterday I decided to apply for a Payoneer account, and was quickly approved.

But I managed to get it blocked at first log in.

The code, that was supposed to come at my phone, didn't arrive.
I tried resend a couple of times, and when it finally came, I got a message that it had taken too long, when I entered it(it was only a few seconds after it arrived). On next attempt, I got a message that I had entered a wrong code too many times(I had only entered a code once), and that my account was blocked.

I have not been able to find a way to contact Payoneer about the blocked account, so I guess that's it for me with Payoneer.

have you tried using a different email?

It would of course be an option to close the account I just made, and make a new with a different email address. But getting blocked because their system didn't work right, and not being able to contact them about it as a first impression, tells me that Payoneer is not for me. I would be afraid that it could happen again.

Quote from: gnirtS on February 26, 2023, 00:00
Adobe wont offer the chance to pay for CC in USD though.  That's local currency so they're winning twice there.

They even made up some bs story about how their CC plans and products need to be marketed for European countries, with translations and overseas legislation and everything, and how all of those expenses result in higher EUR prices.
Even though the revenue from the markup on the EUR prices outweigh all of those expenses.

So what will be the best option for payout for us living and having bank accounts in the EU?

Quote from: Lina on February 25, 2023, 19:10

Quote from: Uncle Pete on February 25, 2023, 17:46

Quote from: gnirtS on February 25, 2023, 15:11
Effectively a 10% paycut for all contributors outside the USA factoring in the conversion and rates from paypal etc.

Not a good look.  Commission reduction via the back door.

So effectively people who got paid in dollars were making 10% less than the rest of the world all this time? When do we get compensated for the inequity that gave you more than us? 🤔 😈

You should ask Adobe, european contributors didn't take anything from you. Plus currently it is around 10% with conversion to euro, which you don't need to do.

Although I wasn't totally serious with that request that we get the same pay for the same work, if you want to start picking? The fact that you got paid more, took away from the company profits, so all of other people got paid less and the company couldn't afford to give us more or equal pay. So yes you did take something from us.

Honestly, a company paying suppliers with one currency is a good idea. For them, not for us, but for their accounting and internal affairs.

What they do for CC has nothing to do with our business and interests. When they announced this it didn't say Euros or dollars or Pounds. It said many different international currencies. I wonder how many they were using and having to figure out, convert and then pay.

Yes I agree, the European people will get stiffed a bit by this and possibly exchange rates or transfers. And you will be incurring higher expenses for the cost of doing business. You have my honest sympathy, but I'm not going overboard, as you got paid more than the rest of us for about 20 years.

Quote from: Uncle Pete on February 26, 2023, 19:48

Quote from: Lina on February 25, 2023, 19:10

Quote from: Uncle Pete on February 25, 2023, 17:46

Quote from: gnirtS on February 25, 2023, 15:11
Effectively a 10% paycut for all contributors outside the USA factoring in the conversion and rates from paypal etc.

Not a good look.  Commission reduction via the back door.

So effectively people who got paid in dollars were making 10% less than the rest of the world all this time? When do we get compensated for the inequity that gave you more than us? 🤔 😈

You should ask Adobe, european contributors didn't take anything from you. Plus currently it is around 10% with conversion to euro, which you don't need to do.

Although I wasn't totally serious with that request that we get the same pay for the same work, if you want to start picking? The fact that you got paid more, took away from the company profits, so all of other people got paid less and the company couldn't afford to give us more or equal pay. So yes you did take something from us.

Honestly, a company paying suppliers with one currency is a good idea. For them, not for us, but for their accounting and internal affairs.

What they do for CC has nothing to do with our business and interests. When they announced this it didn't say Euros or dollars or Pounds. It said many different international currencies. I wonder how many they were using and having to figure out, convert and then pay.

Yes I agree, the European people will get stiffed a bit by this and possibly exchange rates or transfers. And you will be incurring higher expenses for the cost of doing business. You have my honest sympathy, but I'm not going overboard, as you got paid more than the rest of us for about 20 years.

Something discussed extensively a few years ago:

https://www.microstockgroup.com/fotolia-com/adobe-stock-30084/msg491269/#msg491269

Probably, as opposite to the Fotolia days, the amount of US sales is now exceeding by some margin the amount of eurozone sales, so whatever gains AS had by selling in euros in the eurozone, are now nullified by overpaying the eurozone contributors for their US sales.

So, the charity had to be ended.

I think possible antitrust lawsuit might be better reason to cut expenses than trying to pay contributors equally, but of course I can be wrong.

So we are supposed to accept XX % less depending on the dollar rate.  During my years in microstock, this XX has been between -9% (2022) and -49% (2008) !!


On top of that, Adobe will be PAYING in dollars, which will cost us between 2,5% (payoneer) and 3,5% (paypal). 


Did Adobe not know they can PAY in euros?  Canstock just changed this to our benefit :  I am EARNING in dollars at Canstock, but I'm PAID in euros, so I can skip the Paypal fee there.

Quote from: Anyka on February 27, 2023, 08:40

Did Adobe not know they can PAY in euros?  Canstock just changed this to our benefit :  I am EARNING in dollars at Canstock, but I'm PAID in euros, so I can skip the Paypal fee there.

Same with Alamy. My earnings are displayed in $, but I get paid in €.

Quote from: Her Ugliness on February 27, 2023, 08:44

Quote from: Anyka on February 27, 2023, 08:40

Did Adobe not know they can PAY in euros?  Canstock just changed this to our benefit :  I am EARNING in dollars at Canstock, but I'm PAID in euros, so I can skip the Paypal fee there.

Same with Alamy. My earnings are displayed in $, but I get paid in €.

Did you think you were getting the exact exchange rate from Alamy just because you don't see the workings out behind it?

"Section 12.4 of the Contributor contract: Where your chosen currency is not US Dollars, all amounts due to you will be converted from US Dollars to your chosen currency at the exchange rate provided by Alamy or Alamy's Payment Provider on the date that the payment is made or the preceding working day in England. If the exchange rate is provided by Alamy, it will be within 2.5% of the spot rate on that day.".

So, they too take a cut which is no more than 2.5%. Smoke and mirrors. It costs them to convert the currency and they aren't going to do that for nothing! And Alamy's Payment provider does the same to them... which is even less transparent.

You can send dollars directly to your bank... but they too will charge you a commission to cover expenses etc.

Quote from: HalfFull on February 27, 2023, 08:59

Quote from: Her Ugliness on February 27, 2023, 08:44

Quote from: Anyka on February 27, 2023, 08:40

Did Adobe not know they can PAY in euros?  Canstock just changed this to our benefit :  I am EARNING in dollars at Canstock, but I'm PAID in euros, so I can skip the Paypal fee there.

Same with Alamy. My earnings are displayed in $, but I get paid in €.

Did you think you were getting the exact exchange rate from Alamy just because you don't see the workings out behind it?

"Section 12.4 of the Contributor contract: Where your chosen currency is not US Dollars, all amounts due to you will be converted from US Dollars to your chosen currency at the exchange rate provided by Alamy or Alamy's Payment Provider on the date that the payment is made or the preceding working day in England. If the exchange rate is provided by Alamy, it will be within 2.5% of the spot rate on that day.".

So, they too take a cut which is no more than 2.5%. Smoke and mirrors. It costs them to convert the currency and they aren't going to do that for nothing! And Alamy's Payment provider does the same to them... which is even less transparent.

You can send dollars directly to your bank... but they too will charge you a commission to cover expenses etc.

No, I can't. Directly from PayPal:

QuoteWe only support transfers in local currency. If you withdraw money from a foreign currency balance, there will be a conversion fee.

Paypal uses a crappy conversion rate to convert $ to € that is much higher than the actual rate and then on top of that they charge a conversion fee when you want to withdraw $ to a € account. If Alamy pays me directly in €, I get the crappy conversion rate deal, but I don't have to pay the fee for withdrawing a foreign currency on top of that.

Quote from: Her Ugliness on February 27, 2023, 09:12

Quote from: HalfFull on February 27, 2023, 08:59

Quote from: Her Ugliness on February 27, 2023, 08:44

Quote from: Anyka on February 27, 2023, 08:40

Did Adobe not know they can PAY in euros?  Canstock just changed this to our benefit :  I am EARNING in dollars at Canstock, but I'm PAID in euros, so I can skip the Paypal fee there.

Same with Alamy. My earnings are displayed in $, but I get paid in €.

Did you think you were getting the exact exchange rate from Alamy just because you don't see the workings out behind it?

"Section 12.4 of the Contributor contract: Where your chosen currency is not US Dollars, all amounts due to you will be converted from US Dollars to your chosen currency at the exchange rate provided by Alamy or Alamy's Payment Provider on the date that the payment is made or the preceding working day in England. If the exchange rate is provided by Alamy, it will be within 2.5% of the spot rate on that day.".

So, they too take a cut which is no more than 2.5%. Smoke and mirrors. It costs them to convert the currency and they aren't going to do that for nothing! And Alamy's Payment provider does the same to them... which is even less transparent.

You can send dollars directly to your bank... but they too will charge you a commission to cover expenses etc.

No, I can't. Directly from PayPal:

QuoteWe only support transfers in local currency. If you withdraw money from a foreign currency balance, there will be a conversion fee.

Paypal uses a crappy conversion rate to convert $ to € that is much higher than the actual rate and then on top of that they charge a conversion fee when you want to withdraw $ to a € account. If Alamy pays me directly in €, I get the crappy conversion rate deal, but I don't have to pay the fee for withdrawing a foreign currency on top of that.

I think you may be replying to someone else as it doesn't look like you're commenting on my post about Alamy applying up to 2.5% fee for converting you $ to your local currency. This is the same or a little more than Payoneer (depending on the agreement you have with them).

I think you just have to accept you will be charged to exchange currency, no matter where you go. It's just a case of finding the cheapest one available. If you received a handful of dollars and went in in person to exchange them to Euros, they most certainly won't give you the exchange rate, it will the exchange rate less a reasonable reduction for the pleasure. They certainly won't give you more than the exchange rate like Adobe has been giving you for years.

Because of the accounting, Adobe is supposedly paying 10% less - Really? - and _Half full_ thinks this is good.
I got your point...
It is obvious part of society to support unfairness from some people.

As you can easily check, images keyworded in english on Adobe Stock rank better in the english language space, which is far larger - UNFAIR!

The internal translation mechanism has been delivering poorer results outside the English-speaking world for months - UNFAIR!

Now 10 percent less - without equalizing this situation overall, i.e. also for buyers from the EU - UNFAIR!
Well, the buyers will get to know that.