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

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."

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.

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.

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.

   

Quote

So 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.

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