Friday, June 29, 2012

Amazon's CreateSpace is pushing its clients to do direct deposit

According to Galleycat, Amazon's CreateSpace self-publishing service is trying to push customers to accept direct deposit payments for their royalties instead of getting paid by check. The minimum amount of earnings for which CreateSpace will cut a check has been raised to $100 from $28. In addition, they now charge $8 to send each check (so, if you're only getting $100 in royalties, that's like paying 8% for your own money.) By comparison, CreateSpace will issue an electronic royalty payment for as little as $10, with no processing fee.
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