Hello! Here are today’s answers.
Yes, if details such as your company name or country of residence change, you should submit a new W form. As your the payment account holder and country need to be the same as those listed on the W form, you would need to update your payment account details at the same time.
As Collis explained in January’s platform discussion, there is a large range and variation in what a platform can look like and how they work. On the one hand there are platforms like Etsy and eBay where money flows directly from the buyer to the seller and the buyer and the seller directly interact. The platform provider typically charges very low fees, and is quite hands off.
On the other hand there are platforms like Google Play and Envato Market. Here the platform plays more of an intermediary role - money flows via the platform, items are subject to a review process, and buyers and sellers interact less. The platform provides more services and usually charges higher fees as a result.
That said, we are keen to grow the interactions between buyers and authors for marketing, sales, support, and community, and give authors more control. One recent move we’ve made on this front is to introduce author-driven pricing for some categories on GraphicRiver. We’ll continue to explore initiatives like this including author access to buyer contact details.
Hi NAZ_, we won’t start withholding until January 1st, 2016. I think this difference is due to our recent introduction of a fixed buyer fee for certain categories on GraphicRiver. Please check out the announcement and let me know in that thread if you have any questions. Thanks!