Tag Archives: Turkey

Paypal Suspends Operations In Turkey. StreetLib, Draft2Digital, Smashwords, Pronoun et al – Take Notice.

download

Imagine you’re an indie author in Turkey. You’ve been selling ebooks using platforms like Smashwords, StreetLib, D2D, Pronoun, etc, and receiving your payments through Paypal because for most of the above that’s the only option available to you(in Pronoun’s case, the only option available, period.)

From 06 June your writing career is going to be effectively over as Paypal suspends all operations in Turkey.

The Turkish financial authorities have declined to renew Paypal’s licence. (LINK)

The whys and wherefores are neither here nor there.

For these Turkish authors (and ex-pats in Turkey without a Paypal account in another country) sales coming in through Smashwords, StreetLib, D2D, Pronoun, etc will effectively be meaningless unless those authors are able to use one of the very limited alternative payment options available.

Pronoun only offers Paypal. Pronoun no longer has any relevance to Turkish authors. Some of the other distributors offer bank-transfers, but getting money transferred to a European account from the US can be prohibitively expensive ad make smaller payments pointless. Likewise receiving and banking USD cheques/checks outside the US can be a nightmare.

Continue reading