Google has made a change in its payment schedule which now means that Google Play developers will be paid 15 days after the month ends. Google will holding onto developer payments for long this time as it plans to introduce “new forms of payment”.
While some developers are fuming about this, it is believed that Google will now introduce a new feature in Google Wallet that will allow the money to be transfered directly to the bank account, more like PayPal. Also, Google would probably introduce its very own Google Wallet physical cards as being pointed out by AndroidPolice.
Here’s the full email that Google sent –
We are committed to providing you with a consistent and reliable payout experience while we introduce new forms of payment to better serve your users and create more revenue opportunities for you. In order to do so, we are shifting our payout date to 15 days after the month’s end.
Starting in February 2013, we will transition you to a schedule from being paid two days after the end of the month to 15 days after the end of the month. In an attempt to ease the transition, we will make two interim payments before you are completely shifted to the new payment schedule as follows:
– February 2nd: Payment for January sales
– February 15th: Payment for February 1 – 13 sales
– March 15th: Payment for February 14 – 28 sales
– April 15th: Payment for March sales
And every month after, you will also receive payment on the 15th.
We remain committed to offering a best in class marketplace for developers to sell their apps. These changes will allow us to ensure users can buy your apps and we can transmit payments to you in a reliable fashion.
If you have any questions, please contact Google Checkout Merchant team at http://support.google.com/checkout/sell/bin/request.py
Thank you for your continued support of Google Play.
The Google Play Team