Hmm. . .
Sure, in some ways, the bulk, delayed payment makes things easier for
your accountant.
The transition could be rough. No cash flow between February 1st and
March 15th.
If someone is making a living as an Android Developer, it's like
saying "Oh, no paycheck in February, sorry."
I didn't know Google/Carriers were hurting for cash so much that they
are trying to make money on the float.
Nathan
===================================================================================================================================
Dear Checkout Seller:
We are making changes to our current Terms of Service with you
("Agreement"):
A. Beginning on February 1, 2011, if you link your Seller account to
the Android Market or another Google Marketplace, all your
transactions will be subject to a set monthly payout schedule, as
follows:
If your account is linked, for transactions submitted for capture
within a calendar month, we will transfer funds to your Settlement
Account before close of business on the 15th day of the following
calendar month. For example, if your account is linked and a
transaction is submitted for capture on February 22, 2011, the payout
for that transaction would occur before the close of business on March
15, 2011. This monthly payout schedule will apply to all payment
transactions processed for linked accounts, whether or not the
transaction is conducted through a Google Marketplace. If you do not
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is not affected.
B. We are removing the option to receive payouts from GPC by check or
wire transfer.
The revised Agreement is located here:
https://checkout.google.com/customer/tos/viewdocument.html?docId=0.sellertos/US/1/1/und
If you do not agree to these changes, you may terminate your Agreement
with us by sending a notice of termination to “Contact Us” in the
Merchant Help Center before February 1, 2011. If you do not terminate
the Agreement before February 1, 2011 in this way, you will be deemed
to have accepted the revised Agreement.
If you have any questions, you may contact us through the Merchant
Help Centre: http://checkout.google.com/sell/support/
Thanks for using Checkout.
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