kindle-direct-publishingAmazon will begin an all-electronic payment system for Kindle Direct Publishing writers as of September.

Word came in a notice I received this week.

KDP authors are being asked to update their information to include bank account information, and payments will occur automatically every 60 days.

This was welcome news for me. When I first signed up for an author account, I was unable to receive electronic funds transfers because Canadian banks don’t use a BIC number as their branch ID, and Amazon could not accept a bank account which didn’t have one. I was told I would be paid by cheque as soon as I accrued $100. Each country (Amazon.ca, Amazon.com and so on) had to accrue $100 individually before they would send out a cheque, so even though I had sales, I had yet to receive an actual payment.

So, we’ll see what happens in 60 days! The update process was straightforward enough—just sign into your Amazon account, and under ‘royalty payments’ click ‘add a bank account.’ All the information I needed was available in the code at the bottom of an empty cheque, but you may have to Google to find out where specifically your particular bank places it all. I needed my account number, branch number and bank code.

I look forward to seeing what my first royalty payment will be. I have slacked a little on promoting and producing new stuff because I was starting to despair that it would ever go anywhere. Now that I can get paid more frequently, I feel the urge to hustle a little more!

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"I’m a journalist, a teacher and an e-book fiend. I work as a French teacher at a K-3 private school. I use drama, music, puppets, props and all manner of tech in my job, and I love it. I enjoy moving between all the classes and having a relationship with each child in the school. Kids are hilarious, and I enjoy watching them grow and learn. My current device of choice for reading is my Amazon Kindle Touch, but I have owned or used devices by Sony, Kobo, Aluratek and others. I also read on my tablet devices using the Kindle app, and I enjoy synching between them, so that I’m always up to date no matter where I am or what I have with me."

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