The Rest Of The World

Created 11 days ago by Dr Jack Edward Effron with 3 comments
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20800051 10154904360058634 481838643385855497 n Elena Stofle · Inksharesian · edited 5 days ago · 1 like
I couldn’t have said it better myself, @Robert Batten 
@Dr Jack Edward Effron  I am sorry for the inconvenience. As we are a team of only 6 people, Stripe is the most economically feasible way to accept and refund money from readers. Most authors are backed by people in their country, and we need to make sure those funds are secure. Paying authors is easy, but coordinating with readers in countries that are not included in Stripe is much more complicated. If you wanted to set up a bank account in Stripe country, even if you do not live there, we could still work with you. 
Batten003 web400px Robert Batten · Author · edited 5 days ago · 3 likes
They currently support authors living in nineteen countries (Austria, Australia, Belgium, Canada, Switzerland, Germany, Denmark, Spain, Finland, France, The United Kingdom, Ireland, Italy, Japan, Luxembourg, Netherlands, Norway, Sweden or The United States), which isn’t that small. Stripe is used for credit card payments (purchases of books), not necessarily paying authors. I don’t want to answer for Inkshares, but there are different legal requirements when paying royalties to authors in different regions, and Inkshares need to make sure they have their legal arrangements in place. As a small team, it may not be practical, or financially viable, for them to work with all jurisdictions. Or, it may just be a matter of time for them to be able to support it.
Userphoto9 original Dr Jack Edward Effron · Author · added 11 days ago
I just put up a project on Inkshares as a kind of experiment. I like the system in general and am willing to try it. However, I see that they have a small list of countries where writers must live for Inkshares to publish their books, apparently dictated by Stripe (about whom you can see many complaints on the internet). I do not live in those countries, I live in the rest of the world. Are we, who live there (and would never rely on Stripe for anything) wasting our time with Inkshares? Has Inkshares never  heard of Wire Transfers?