In a newsletter sent out today, Draft2Digital announced that there will no longer be a minimum payment threshold for PayPal or US Direct Deposit payments from Draft2Digital! This means that if you are using either of these payment methods, you will receive any funds due to you on the very next payment period, each month.
The authors who opt for PayPal or US Direct Deposit payment options will get faster payments, secure and protected transactions, immediate access to your funds, when they’re available, and less hassle or wasted time dealing with bank and deposits. You will get your royalties the moment they’re available, instead of waiting days or weeks for the mail to arrive without any transaction or processing fees for this service.
The International Direct Deposit still requires a $10 minimum before funds are transferred, but funds are still available much faster than payment by check.
Draft2Digital is an online platform that offers simple ebook formatting, conversion, and distribution to powerful digital stores with a few clicks. Check their blog for useful tips on self-publishing.