Are you a Nigeria-based author who is looking to get paid from Amazon KDP? If you are, then youre in the right place.
In this comprehensive guide, we will be walking you through the entire process step-by-step so that you can start receiving payments from Amazon KDP in Nigeria.
We will provide a detailed understanding of the benefits of getting paid from Amazon KDP in Nigeria, as well as the five steps you need to take in order to set up and verify your account.
Additionally, we will discuss common issues to consider when getting paid from Amazon KDP in Nigeria.
So, if youre ready to start making money from your writing, lets get started!.
Short Answer
In order to get paid from Amazon KDP in Nigeria, you need to have an Amazon Payments account set up in Nigeria.
You can do this by signing up for a free account on the Amazon Payments website.
Once your account is set up, you can link it to your KDP account and then select Nigeria as the payment method when you set up your KDP account.
Once you’ve published your book, all payments made to your KDP account will be sent to your Amazon Payments account.
Benefits of Getting Paid from Amazon KDP in Nigeria
Getting paid from Amazon KDP in Nigeria can be a great way for authors to monetize their books.
Not only does it provide authors with a reliable source of income, but it also allows them access to a wider global audience.
With Amazon KDP, authors can reach readers in over 180 countries, including Nigeria.
This gives authors the opportunity to expand their reach and potentially increase their revenue.
Additionally, Amazon KDP offers a variety of payment options, including direct deposit to Nigerian bank accounts.
This eliminates the need for authors to convert their revenue into different currencies, saving them time and money.
Finally, Amazon KDP provides authors with detailed sales reports and analytics, allowing them to track their sales and better understand their readers.
This can be invaluable for authors who are looking to understand their market and improve their books performance.
Step 1
Getting paid from Amazon KDP in Nigeria is possible, but there are a few extra steps that must be followed in order to ensure a successful transaction.
The first step to getting paid is to sign up for an Amazon KDP account.
In order to do this, authors will need to provide their full name, email address, and a valid Nigerian bank account.
This is necessary in order for Amazon KDP to send payments to the correct account.
It is important to note that the account must be verified by Amazon KDP before any payments can be sent, which may take a few days.
Once the account has been verified, authors will need to select the Nigerian bank option in the royalty payment settings.
This will allow Amazon KDP to send payments to the Nigerian bank account.
It is important to make sure that the bank account information is accurate and up-to-date, as payments will not be sent to an outdated or incorrect account.
By following these steps, authors will be able to monetize their books and receive payments from Amazon KDP in Nigeria.
This is a great way to make money from writing, as it allows authors to get paid for their work without having to worry about any additional fees or restrictions.
Step 2
Step 2: Once you have signed up for an Amazon KDP account, Amazon KDP will need to verify the account before payments can be sent to your Nigerian bank account.
This process typically takes a few days and involves Amazon KDP verifying that the bank account and the associated information is valid.
During the verification process, Amazon KDP will contact your bank for additional details to ensure that the payment can be sent successfully.
Once the account has been verified, Amazon KDP will provide you with an account number and a payment gateway.
You will then need to select the Nigerian bank option in the royalty payment settings within your Amazon KDP account.
This will allow Amazon KDP to send payments directly to your Nigerian bank account.
It is important to note that Amazon KDP will only pay authors who have verified accounts and who have selected the Nigerian bank option in the royalty payment settings.
Therefore, it is essential that authors take the time to complete the account verification process and set up the Nigerian bank option to ensure that any payments they receive from Amazon KDP in Nigeria are sent to the correct bank account.
Step 3
Once the account is verified, authors can select the Nigerian bank option in the royalty payment settings, allowing payments to be sent to the Nigerian bank account.
This is a crucial step, as it ensures that Amazon KDP is able to send payments to the Nigerian bank account.
To select the Nigerian bank option, authors will need to go to the “Royalty Payment Settings” section of their Amazon KDP dashboard.
Once there, they will be able to select the Nigerian bank option from the available list of banks.
When setting up the Nigerian bank account, authors will need to provide their Nigerian bank’s routing number, account number and SWIFT code.
This information will be required to ensure that payments are sent to the correct account.
Once the information is provided, Amazon KDP will need to verify the account information, which may take a few days.
Once the Nigerian bank option is selected and the account is verified, authors will be able to receive payments from Amazon KDP in Nigeria.
This will allow authors to monetize their books and receive payments for their work.
Step 4
Once the account is verified and the Nigerian bank account is added, it is time to make sure Amazon KDP knows where to send the payments.
Authors can select the Nigerian bank option in the royalty payment settings on their Amazon KDP account.
This will allow payments to be sent to the Nigerian bank account.
Authors will need to provide their bank details and an authorization code, which can be obtained from the bank.
Once all the details are provided, Amazon KDP will be able to make payments to the Nigerian bank account.
In order to receive payments from Amazon KDP in Nigeria, authors will need to ensure that their books have been published in the correct format for the Nigerian market.
Amazon KDP provides a range of formats, including Kindle, PDF and ePub, which can be used to publish books in Nigeria.
Authors can also publish their books in the Amazon KDP Print format, which allows for physical copies of the book to be printed and shipped to customers in Nigeria.
Finally, authors should make sure that their book is set up to be sold in Nigeria.
This can be done by selecting the Nigeria option in the Country Availability section of the books Details page.
Once this is done, authors will be able to receive payments from Amazon KDP in Nigeria.
Step 5
The fifth and final step in getting paid from Amazon KDP in Nigeria is to review the payment information and confirm the payment settings.
Once the settings have been confirmed and the payment method has been selected, authors will be able to start receiving payments from Amazon KDP.
It is important to note that payments may take up to 45 days to reach authors bank accounts.
It is also important to remember to keep the payment settings up to date, as Amazon KDP will need to verify any changes to the payment settings before payments can be made.
Finally, authors should keep an eye on the payments dashboard to track the progress of their payments and ensure that payments are being made correctly.
Common Issues to Consider When Getting Paid from Amazon KDP in Nigeria
When getting paid from Amazon KDP in Nigeria, there are a few common issues that authors should consider.
The first is the currency conversion rate.
Nigeria uses the Naira (NGN) as its currency, and when receiving payments from Amazon KDP, authors should make sure that the conversion rate is favorable.
As the Naira is a volatile currency, the conversion rate can fluctuate significantly, so authors should check the market rate before expecting payment.
Another issue to consider is the additional fees associated with receiving payments from Amazon KDP.
Amazon KDP charges a flat fee of $0.
15 USD per transaction, plus a currency conversion fee that can range from 1.
5% to 3%.
Authors should be aware of these fees when setting their royalty rates, as they can significantly reduce the payments received.
Finally, authors should be aware of any taxes associated with receiving payments from Amazon KDP.
In Nigeria, authors may be subject to Value Added Tax (VAT) on their payments, so they should check with the Nigerian Tax Authority to ensure they are compliant with any applicable laws.
In summary, getting paid from Amazon KDP in Nigeria is possible, but authors should be aware of the common issues associated with the process.
By staying informed and managing the currency conversion rate and additional fees, authors can ensure that they are receiving the full amount of their payments.
Final Thoughts
Getting paid through Amazon KDP in Nigeria is not only possible, but it can be easier than you might think.
By following the steps outlined in this guide, you can start making money from your books in no time.
Just make sure to take the time to review the common issues section and make sure that everything is in order.
With a little effort and the right know-how, you can start getting paid from Amazon KDP in Nigeria today!.