Note: This update affects Russian authors who currently use Payoneer as their preferred payment option for Elements earnings.
If you hold a Payoneer account you may be aware that the Russian Federation Prosecutor General’s Office has placed a ban on the Payoneer site.
This means that whilst your earnings sent to your Payoneer account are secure, you may have difficulties with some transactions through the website. However, Payoneer has informed us that the Payoneer mobile app is available and able to process bank transfers. If you need to process bank transfers we strongly encourage you to download their mobile app to do this.
We will process your March payment as usual, and all normal operations are in place if you wish to make changes to your payment options. If you would like to change your payment method please do this by the 11th March 2021 (AEDT).
We are monitoring this situation closely, and will contact you if we hear of any further changes.
Of course SWIFT!
I doubt that the solution to the Payoneer problem in Russia will be fast (if at all). Unfortunately, there are also problems with PayPal…
We all worry about the safety of our earned money.
SWIFT is a good option!
I don’t have an ETA yet, but we’ll be sharing details on the forums once we know more about the rollout
The first stage of that project is a major overhaul of how our systems process payments in general, removing some processes that currently add a lot of time and technical complexity. Once that’s done, it will prepare the way for adding new payment options. The early work will all take place in the backend though, so you’re unlikely to see anything changing in the author interface until the later stages are underway.