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About My Payment
publish date:
2020-08-21 20:03:50Payment Method
We can pay you by PayPal, bank transfer, and Payoneer. Paypal is most recommended because you will receive payment soon after we send it out. For bank account payment, it may take some time before you can get it.
Please fill in the payment information carefully, should the payment information be filled incorrectly, you will bear the risk of payment failure. If the payment fails, it will automatically be passed on to the following month; if it’s successful but made to a wrong address due to false info, the payment will not be remade.
It is recommended that you choose the appropriate payment method, and the transfer fee will be borne by you. (If you find that the amount you received is less than the amount you should get, this is probably because the transfer fee is deducted. Paypal has less transfer fee and that's also the reason why we recommend Paypal instead of a bank account.)
Payment Info
You can fill your payment info on your personal page. Click on the “payment info” button to fill in your payment info.
You can check your earnings in your personal page by clicking on "details". Please use a desktop website for you might not be able to see it on your mobile phone.
Notice!
Once you filled your payment form, you cannot change it yourself. If you want to change your payment method or fill in the wrong information, you could ask your editor to change it for you.
Also, please remember to check your payment amount before 5th of each month. If you notice anything wrong, please contact your editor before 5th each month, because it may be too late to make any changes to this months' payment after that day.
3.2 Payment Process
The income of the previous month will be settled on the first day of each month. And you will be paid from the 10th of each month. It usually takes about a week for the payment to proceed.
Unfortunately, you can't withdraw the money whenever you want. You will receive it monthly, or the month after you have over $100 income. If the total of your income is less than 100 USD, the income will be accumulated next month.
3.3 Late Payment
We will start the payment process from the 10th of each month. But it may take some time to proceed for international transactions, especially for bank transfer. If you have not received your money on the 10th, please wait for a few days. Thanks for your understanding.
If you haven’t received your payment 2 weeks after the 10th, please contact your editor, and he/she can check the payment status for you!
#First Month Income of Exclusive Story
To ensure that readers can get paid for the 1st month of signing the contract, we have a special policy for counting premium words in the 1st month. So don't worry, you can start updating your work whenever you sign the contract with us!
If the number of updated words in the first month is less than 40,000 words,
Attendance bonus will be (the number of premium words) ÷ (40,000 words) x (200 USD)
And if the premium word count for the first month is more than 40K it will be $200, 300, or 400. It won't be anywhere in between like $259, or $360.
40,000 - 59,999 premium words = $200
60,000 - 79,999 premium words = $300
over 80,000 premium words = $400
So, your posted chapters, including all the chapters you have uploaded before the next month starts should follow this rule and the result would be your bonus. And starting from the second month, you need to update for 20 days from 1st to 30st or 31th to get the bonus.
# If I sign multiple exclusive books with GN, how much can I get each month?
For all the books that are NOT in their 1st month of contract, all premium words are count together.For example, if you signed 3 books and all 3 of them were signed months ago, and you update 20 days for each book and have 80k total premium words, you get $400. But even if you have 100k total premium words, you still get $400.You need to update each of your books 20 days a month in order to get their words counted. For example, If your book1 and book2 updated for 20 days and book3 updated for 10 days, then only the premium word in book1 and book2 will be counted.However, if one of your books is signed THIS MONTH and 2 of your books are signed before this month, you can get $400 max for the 2 old books and another $400 max for the new book. Also, all new books are counted separately. For example, if you sign 2 books this month, you could receive $400 max for each of your book providing they reach 80k premium words each.
Latest chapter
Author's Guidebook Copyright, Contract Terms, and Others
#What is copyright and what happens to my copyright if I sign the contract?As an auto, copyright of a book usually refers to your right to upload this book on any platform.In exclusive, you lose your copyright of this book. You will only have this contracted book on GoodNovel, and it should not be present on any other platform except this one.Copyright does not mean that your book, your idea will be written by someone else or will be named on someone else. You will still be the author of the book and you will still have the complete right of how your story progresses and what ending it has. The only limit is that you cannot post your books on simultaneous online platforms or adapt your book to audiobook or something else, It will only be posted and used by GoodNovel.In non-exclusive contract, you can post your story on different websites by yourself. You can only sign exclusive contract with one platform but you can sign any number of non-exclusive co
Author's Guidebook After Signing the Contract
#What are the things I need to do after I sign a contract?Make sure you read our Author's Guidebook first.Here are 3 things you might want to check after you sign the contract with GoodNovel:1. Fill in your payment info so that we'll be able to pay you. Go to your personal page using a DESKTOP and you'll find it. (You can't fill in payment info on your phone)2. Usually, after you have 15 chapters, you can apply for premium. Please contact your editor about setting the premium chapters(paid chapters) for your book.Most of our books open premium somewhere between the 5th -15 th chapter, and where there's a cliffhanger. You can decide on your own and ask your editor's opinion.3. In case you're wondering why your book(s) still don't have a lot of reads, that's probably because you haven't reached 50k words so we can't put your book in the recommendation list on the home page. Talk to your editor after you upload 50k words and they will arrange
Author's Guidebook About My Payment
Payment MethodWe can pay you by PayPal, bank transfer, and Payoneer. Paypal is most recommended because you will receive payment soon after we send it out. For bank account payment, it may take some time before you can get it.Please fill in the payment information carefully, should the payment information be filled incorrectly, you will bear the risk of payment failure. If the payment fails, it will automatically be passed on to the following month; if it’s successful but made to a wrong address due to false info, the payment will not be remade.It is recommended that you choose the appropriate payment method, and the transfer fee will be borne by you. (If you find that the amount you received is less than the amount you should get, this is probably because the transfer fee is deducted. Paypal has less transfer fee and that's also the reason why we recommend Paypal instead of a bank account.)Payment InfoYou can fill your pay
Author's Guidebook On Signing the Contract
#Will I have an editor/ a CE if I apply for contract?Yes. The person who sends you the offer will be your editor and your only editor in GoodNovel, and you can ask him/her anything regarding your book or your contract.# Can I sign different types of contracts for different books at the same time?Sure! We sign one contract for one book，so you can sign different contracts for different books with us at the same time!# How long does the contract application take? It’s usually take 2 weeks to 1 month to response your application. We're very sorry about this, because we're having a lot of books since the contest began. If you didn’t receive any reply email over 1 month, please contact this email(writers@goodnovel.com) to tell us.# How do I know if I get rejected or not?If we think your book needs improvement, you will receive a "Closed" notice on your book info pa
Author's Guidebook Before Signing the Contract
# How do I apply for contract?When uploading a book on our platform, you will need to register an account on our website first and then start uploading your book chapter by chapter. When you create a new book, the synopsis and book cover needs to be reviewed to make sure there's no infringement or anything inappropriate. The reviewing process normally takes a few working days. When we finish reviewing it, your book can be published and will be qualified to applying for contract.After you upload more than 15,000 words, you need to click the “Apply for contract” button which is on your personal page (Click your avatar) to submit your application. Then, the editors will review your book and decide whether we will sign a contract with you.#When I upload my book, it immediately says "in review" and won't publish, what does it mean?All newly uploaded books needs to be reviewed first in case there's any copyright
Author's Guidebook Exclusive And Non-Exclusive Contracts
Being a signed author of GoodNovel might be a milestone in your writing career. We offer two different contract types:1. Exclusive contract2. Non-exclusive contractEXCLUSIVE contract means that your novel can only be published on GoodNovel within the designated time. If the novel has been published on other platforms, you should remove it within a 30-day time limit. It's okay to put about 5 chapters on other platforms to tell the readers to read your story on GoodNovel.
