Google Adsense to Introduce EFT Payments for Indian Publishers Soon

Good news for Indian webmasters. Google may soon introduce EFT payments for Adsense publishers in India.

Source: http://webtrickz.com/google-adsense-to-introduce-eft-payments-for-indian-publishers-soon/

UPDATE (March 5, 2014) - Google has Finally Introduced EFT Payments for Adsense Publishers in India via Wire Transfer.

Everything you need to know! http://webtrickz.com/google-adsense-publishers-in-india-can-now-receive-payments-via-wire-transfer/

 

More money to Google D:

 

There Google employee said and I quote:

Still waiting mr. AdSense PRO.

 

It was scheduled for last year but still no updates on this.

 

I am thinking to contact them. Did anyone already contacted them regarding this issue?, if yes then what was their reply.

 

Today I got this reply from AdSense:

 

Hearing it from the last 3 years. But still no strong action they have followed.

 

But in that period no AdSense pro made comment on this. This topic is hot now because of this: http://productforums.google.com/forum/#!msg/adsense/v7AiOAXG8XM/UlDLoWgQ-i0J

 

Read there that they are working to remove that $25 fee from EFT transfers. Also someone said its expected in Feb 2014.

 

That $25 is intermediate bank fees for wire transfer. If Google uses existing NEFT/RTGS infrastructure the fees is Rs.2.50 (~$0.05) which has to be paid by the sender.
And BTW: the post you are talking about is irrelevant as I donot think the publisher actually got payment via EFT (as Google haven't implemented this in India yet).

Even though there is a $25 fee, I will not have an issue with it, as I will get the payment in my account within 2-3 days.

 

Ya, if its done via NEFT then it wont even take days but we will get our money in few hours only.

 

I think Google needs some time to forward the data and process the payment even after PI appeared in AdSense dashboard. That's why I said 2-3 days. And yes after initiation of NEFT transfer it takes around 2-5 hours to credit in the beneficiary account.

 

Finally, the EFT has been officially announced in India - http://trak.in/tags/business/2014/03/05/google-adsense-india-eft-payments/

 

UPDATE - Google has Finally Introduced EFT Payments for Adsense Publishers in India via Wire Transfer.

Everything you need to know! webtrickz.com/google-adsense-publishers-in-india-can-now-receive-payments-via-wire-transfer

 

That's in beta, and I am a part of that beta testing.
Last month Google made that testing with limited 15 publishers, this month they are expanding this test to more users.
Officially : EFT is still not available for all Indian publishers.

 

Now EFT payment is available for Indian publishers take a look at Bigknol.com

 

I am hearing this from last year. Maybe it will happen at this year.

 

I got an email from adsense team regarding this payment upgrade and other updates to payment settings, I have one question to OP, Can we have more then one bank account in payment profile? and withdraw money selectively?
Thanks