Thursday, February 9, 2017

Draft2Digital Drops Minimum Payment to PayPal & US Directi Deposit - The Digital Reader

Panzer made a quick trip to The Digital Reader site today. After a little digging around there our inquisitive traveler is doing the happy kitty dance. He uncovered a post about Draft2Digital's new payment program.

According to the post by site owner Nate Hoffelder, Draft2Digital (D2D) will now make payments to authors' PayPal accounts or U.S. bank direct deposits on a regular schedule no matter what the monetary amount. Previously D2D would only issue payments when authors reached a minimum amount. D2D's competitor Pronoun is also offering this payment option. Mr. Hoffelder speculates the shrinking indie author market is driving the better author payment terms.
Always watch your competition.

Panzer says, "Umm ... I think Draft2Digal and Pronoun are both a little late to the party. Amazon dropped the minimum payment requirement three years ago."

Note: This is a short post. Bring a cup of tea for today's reading selection.

To read the post, tootle over to Draft2Digital

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