Recently Google Adsense has updated it’s payment system for Indian publishers from cheque to NEFT (National Electronic Funds Transfer). Good thing about Adsense NEFT (National Electronic Funds Transfer) is that, you would not have to wait for your cheque to come from bluedart courier company and go to bank to drop it in your account to receive money. You just have to add your bank account details there and they will directly transfer the amount you have earned. No wait, no rush to bank. You would receive payment within a day or two as per current currency conversation rate.
Amazon Associate has launched NEFT Payment Method. Now Indian publishers can use NEFT Payment Method to receive payment in India.Here is the mail, that I have received from Amazon Associates.
Dear Amazon Associate,
We are excited to announce the launch of NEFT (National Electronic Funds Transfer) as a payment method for all Amazon.in Associates. With this launch, all Associates can now get their earnings deposited directly into their bank accounts (once their earnings exceed INR 1,000).
Some of the key benefits of using NEFT option are:
1. NEFT transfers are a quick and secure way of transferring money.
2. The minimum payment threshold is INR 1,000 for NEFT (vs. INR 2,500 for payment by cheque).
3. There are no fees.
All you to need to do to start receiving payments via NEFT is update your bank details on the Change Payment Method page under the “Account Settings” link on Associates Central.
Please note that the first batch of payments via NEFT will happen in the last week of August 2014 (for earnings up to June 2014).
We encourage you to switch to NEFT payments for a quicker, more secure payment experience.
As always, feel free to contact us if you have any questions or feedback.
The Amazon Associates Team
How to Get Amazon Payment via NEFT :
You just have to update your bank details on the Change Payment Method page under the “Account Settings” link on Associates Central. Below is the screenshot for your reference. There, you have to fill-up the form provided at the page. It would ask you for Bank name, Payee Name as per your bank records, Bank account numbers, IFSC code and submit it. Once you fill up that details, you would get confirmation that your payment option have been updated. It seems this will beat other Indian Affiliate programs in India. I have an issue with Snapdeal affiliate program,they have never paid me anything even if I have refereed so many customers and they purchased from my affiliate links. So many bloggers and affiliate would prefer other affiliate programs, instead of using Indian Affiliate Programs. Let’s see how Amazon would beat other affiliate programs by Indian eCommerce websites.