Last Updated:
2024-10-29 19:42:56Payment Method & Account Info
#Payment Method
We can pay you by bank transfer, and Payoneer. Payoneer 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, if the payment information is 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.
*Important notice: 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. MegaNovel doesn't take any fee from your transaction.
#Account Info
You can fill in your payment info yourself. Access your user center, click on the “payment info” button to fill in your payment info.
You can check your earnings on 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!*****
1. Editors are not able to help you change account info. You can modify your account info yourself.
2. Though you can modify your account info whenever you want, the amendment will take effect immediately if you modified your account info from 1st to 9th of every month. But on the other days, the amendment will take effect on the 1st of the next month.
3. Check your payment amount before 5th of each month. If you notice anything wrong, please contact your editor before 5th of each month, because it may be too late to make any changes to this months' payment after that day.
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 and carried on to next month until you have $100 in total.
Late Payment
We will start the payment process in a week after the 10th of each month. But it may take some time to proceed for international transactions, especially for bank transfers. Please wait for a few days after 10th. But sometimes it may get delayed for another few days because of holidays. 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!
For all the contracts signed before Apr 1st, 2021, your benefits will follow the old rules till you complete the book and stops receiving the monthly bonus.
#I heard that Payoneer transactions only take a $2 fee per transaction. Is it true and how do I set it up?
Yes, it's true. Payoneer has less transfer fee and that's also the reason why we recommend Payoneer instead of a bank account.
However, if you want the $2 fee policy to go into effect, your account needs to add GoodNovel's account to your payer's list.
Also, please make sure your payoneer account is verified. Usually, it needs your ID photo and some other information. Once the account is successfully linked and verified, the new transaction policy of $2 per transaction will come into effect!
#Can I get a Monthly Attendance Bonus (MAB) from the 1st month I sign?
Writers can only get MAB with exclusive stories.
You must update with at least 50k words for 25 days in a month, excluding the first 50k words for winning signing bonus
For example, let's say you sign the contract on Jan. 1st. and update 50k words before Jan. 5th, you have to keep updating for the next 25 days and arrive at 100k words if you want to get MAB from the first month you sign.
#If my book is completed but I forget to tell my editor it’s completed, can I still receive the completion bonus?
You need to contact your editor and ask your editor to mark your book as “completed” in order to receive the completion bonus.
#Will I still receive the profit share besides the exclusive writer’s benefit?
Yes. Unless you have discussed with your editor and reached a special agreement.
#If I have 2 exclusive books under the new plan at the same time, can I receive 2 MABs every month?
You can receive a signing bonus and a completion bonus for each exclusive book respectively. But in a single calendar month, you can only receive 1 MAB.
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FAQ #Edit chapters and book info
#I want to proofread my story to make sure there are no grammar mistakes. Can my editor proofread the book for me?We are sorry but proofreading or polishing the story is not a part of our editors' job in MegaNovel. If you need to proofread your story, you can use grammar-check tools such as Grammarly. And if you need better proofreading, you can find professional proofreaders on the Internet to help you with your grammar and language.#My editor wants me to edit my book, what should I do?Congrats! If your editor proposes to you to ed
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FAQ #Copyright, Contract Terms
#What is copyright and what happens to my copyright if I sign the contract?As an author, 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 MegaNovel, 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 to how your story progresses and what end it has. The only limit i
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FAQ #About Payment
Payment Method & Account Info #Payment Method We can pay you by bank transfer, and Payoneer. Payoneer 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, if the payment information is 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 fal
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Step 3: After Signing the Contract
#What are the things I need to do after I sign a contract? Here are 3 things you might want to check after you sign the contract with MegaNovel: 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 10 or 15 chapters, you can apply for premium. Please contact your editor about setting the premium chapters (paid chapters) for your book.
