An email from Google to its Play store partners (developers) appeared today, letting us know that Google is working on adding some secret, new payment methods. Unfortunately, we don't have an idea exactly what's in the works (after all, it's a secret), but some are speculating that it may have something to do with an upcoming version of Google Wallet, which will let you maintain a Wallet balance.
On another note, Google has used the opportunity to inform developers that it will transition to paying them on the 15th of every new month, instead of on the 2nd. That change has been needed due to these new payment methods that are in the works. What this means is that we'll also know what the new forms of payment will be soon enough!
Check out the full email here:
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