About App Store/Google Play payments
Students who have just started to do independent development may have a low income at the beginning, unable to reach the lower limit of the app store payment, and finally collect enough money to collect, only to find that they do not know all kinds of pits.
Here’s some basic information:
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You need to save at least $150 for App Store revenue and $100 for Google Play revenue. This is for domestic, if it is an American account, basically you have 1 ~ 10 dollars in your account, you will be paid.
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Both the App Store and Google Play, including Admob, aggregate payments into dollars
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For overseas payment of App Store, only 20% ~ 30% tax is deducted from Japan, while payment from other regions is not deducted tax (or apple has paid tax, so we are not forced to pay by ourselves).
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The App Store will lock up money for a month as their cash flow. For example, if you earn money in July, Apple will send you a settlement in early August, send you an email, and then receive payment in early September.” “The time of the beginning of the month is also very variable, 1 ~ 10 May
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Google there will be a little conscience, is generally the middle of the next month to pay, your money will only be detained for half a month
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Generally speaking, the receiving bank card is more arbitrary, with your ID card registered developer account, the receiving bank card is your parents does not matter.
How receivables, receivables pit
This is the Banking page for App Store Connect. Generally, follow instructions and simply fill in some information, including name, bank card number, bank of account and so on. Google Play and Admob are similar, but Admob in particular doesn’t start collecting money until they receive a paper letter with a PIN number inside it. Many people (myself included) did not receive this email for three months in a row. Finally go to the official website to take a remedial measure to collect money.
One of the problems with the App Store is that if you make money from in-app purchases, your in-app purchases can be created, your code can run, your App can be released, but users can’t order in-app purchases, and you can’t tell from the error messages. Sometimes it’s because you didn’t fill in your bank card information…
After all these holes are gone, there is still one more hurdle to go through, which is the bank…
Bank of dad
The following problems can only be solved by changing your payment method, bank card, etc., the problem is not in Google, Apple side.
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If the Google Play and Google Admob receiving cards are not in the U.S. and you don’t use a Western Union wire transfer, then (in most cases) there’s a fee deducted from the money you receive. Personally, every time I made $100 from Admob, I only got $88, and I gave $12 to the bank.
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Domestic bank debit card receives account directly (no matter what your income source is), every year you are the amount that has 5W USD only, this is national law regulation, exceed this amount, all bank cards under the name of this person cannot settle exchange again. While the average indie developer may not make $50 million a year, your regular payments will take up that $50 million. Later, when there are other needs, will suffer a little.
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** This is the most pit part of the state-owned bank!! Different banks have different requirements, and there is no uniform caliber. The first example is that the August payment on the App Store will be settled at the beginning of October, which coincides with the National Day holiday when many posts are closed. As a result, the Payment is shown on the Apple side, but your bank card does not move. ** sent an email to Apple to inquire, but received the reply that the money had already been sent out, but called the bank and asked you to call the branch, called the branch and asked you to find another department… In the end, you don’t know where your money is. Neither the bank nor Apple stole it from you, so you have to wait, as anyone who has received money this month should know. ** The second thing is more troublesome, that is, the bank asks you to submit the paper legal materials offline. ** Including but not limited to certificate of source of account entry, labor contract, etc., some things really do not know where to get, each bank has different requirements, when you go two times, complete the formalities, a weekend is lost……
Recommended Weapon – PingPong
I personally recommend PingPong collection
The only reason to recommend this channel is to bypass the banks!!
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When you collect money, you do it through a virtual BANK of America account on their side. It doesn’t take up your $50 million a year quota (absolutely legal).
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After all, it’s a private company. You don’t have to call three or four times to transfer your call. Of course, there will be no need to submit labor contracts, income proof of a kind of situation.
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Apple remittance can be within 48 hours to the account, personal cash withdrawal if it is not a holiday, generally the same day to the account.
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** This is an important bonus for small developers who are just starting to make money. ** Is because PingPong opened an American account for you, so the App Store will pay you when it costs $10, and Google Play will pay you when it costs $1. When your income is low at the beginning, you can see the money immediately, which is also an incentive for yourself, so that you won’t have to wait several months to see the money. There are other platforms you may not want to continue with, but there is a little money left in the platform, you are advised to try PingPong. And it’s certainly not more than their free cash withdrawals, which are equivalent to nothing but wool.
I also have a withdrawal rule from their official statement case, which you can use if you have special needs
After entering PingPong into the account, it can choose to withdraw cash to:
1. Domestic personal bank card — personal online ID card is required for real-name authentication, and cash withdrawal is settled into RMB according to the real-time bank buying rate;
2. Domestic RMB corporate account — enterprise business license certification, safe record, foreign exchange receipt and payment list record and other information, withdrawal in RMB to the account;
3. Domestic USD public account — enterprise business license certification, safe record, withdrawal in US dollars;
4. Hong Kong USD personal account — personal online ID card real-name authentication is required, and cash withdrawal is made in US dollars;
5. Hong Kong USD for public account — the company’s information is required to authenticate, and the cash will be received in US dollars;
6. Overseas accounts distribution — to pay overseas expenses (such as advertisers, anchors, foreign teachers, etc.)
The identity of the platform developer ID (enterprise or individual) does not affect their choice of subject for PingPong authentication (enterprise or individual)
Agreed benefits
This is the discount I personally asked for from PingPong’s internal friends. If you register through this link, you can get a free cash withdrawal amount of $3000 (directly register through the official website and only have the amount of $1000 announced by the official). If your income from independent development has not reached RMB 2W per month, That’s enough for at least a month 🙂
More here
Welcome to have a look, I will continue to export dry goods
【 public ID 】KyXu Indie (ID: KyXuIndie)