In this article, I’ll be sharing exactly how to get paid from Amazon KDP in Nigeria for completely free.
To get paid on Amazon KDP you need a bank account in a region that is permitted by Amazon.
Unfortunately, the local Nigerian bank account isn’t accepted as a payment method on Amazon KDP.
Most Nigerians are therefore frustrated about how to get paid from Amazon KDP.
I’ll be providing a huge solution that will allow you to receive payments from Kindle Direct Publishing for completely free.
In case you might want to ask, Amazon KDP doesn’t support Paypal, so don’t bother searching.
Quick Answer: How To Get Paid from Amazon KDP in Nigeria.
To receive your royalties from Amazon KDP you’re going to need a Payoneer account.
Payoneer is a Paypal alternative that allows Freelancers and business owners online to pay worldwide.
To anyone that signs up, Payoneer gives access to a US and a UK bank account that is accepted by Amazon KDP.
Keep reading this guide on how to create a Payoneer account to receive your earnings from Amazon KDP.
How KDP Royalties Work?
First, you’re going to need to understand how Amazon pays out its royalties to writers.
Royalties are the commission you make whenever someone buys your book on Amazon. Most times it is 60% of the book’s total price.
Amazon pays out its commissions every 60 days after the book sale has been made.
In other words, if you sell your book on the 1st of January, Amazon sends out your commission, 60 days from that.
So when you’re just starting out on the platform, you will have to wait 60 days. Then you’ll receive your first Commission and that’s only if you made a sale.
As regards the Payment threshold, Amazon doesn’t have any. No matter how small your commissions are, Amazon always sends a paycheck.
How To Get Paid from Amazon KDP in Nigeria.
There are 2 things you’re going to need in order to start receiving payments on Amazon KDP in Nigeria and these include:
1. A Free Payoneer account
What is Payoneer?
Payoneer is an online payment gateway, just like Paypal.
It allows you to receive payments globally and withdraw your earnings directly to your local bank account.
It works worldwide and includes Nigeria.
Unlike PayPal, Payoneer is a lot more secure in my opinion. I made a comparison between these two platforms.
How does Payoneer Work?
Payoneer gives you access to a UK and US Bank account and all the bank details you need to fill in as your payment method on Amazon KDP.
This includes your routing number and your bank location. This global service provider is completely free to use.
Payoneer makes money when you make money and by that, I mean that Payoneer receives a tiny percentage of the money you get from Amazon KDP.
I find this really befitting, because before now, to own a real US and UK bank account from Nigeria, would have cost you a whole lot.
With Payoneer, you just need your phone laptop, and an internet connection. In a matter of minutes, you can create your own Payoneer account and start receiving payments online from Amazon KDP.
How to withdraw your money from Payoneer?
Payoneer unlike other payment gateways will not put you through hell when it comes time to withdraw your funds.
With Payoneer, you just need to meet the minimum threshold of $20 after which you’ll be able to request a withdrawal.
As to where you’re going to be withdrawing your funds, your local bank account is more than enough.
When you create a new Payoneer account, Payoneer will ask for details about your local bank account. This will help Payoneer verify the validity of the details, to avoid payment errors.
I love Payoneer even more because they allow you to add in two local bank accounts if you need to.
How To Create a Payoneer Account in Nigeria
As I said earlier, creating a Payoneer account in Nigeria is really very easy. All you need to do so include:
- A phone or a laptop
- An internet connection
- Proof of your identity e.g your passport or driver’s license
- Proof of your address e.g your utility bills like Nepa bills or your bank statements
- Your local bank account
When creating a Payoneer account to receive payments from Amazon KDP, you need to ensure all of your details are in sync.
By this I mean, the name, date of birth, and address on your passport or driver’s license should be the same as the one you provide on your Amazon KDP account, your local bank account, and your proof of address.
Amazon KDP will not accept a UK or US bank account that has a name contrary to that of the KDP account.
While Payoneer will not accept a local bank account that has a name contrary to what was provided as the name of the account holder.
This means all of the resources you’ll be needing to create a Payoneer account should be in one name.
So, If you don’t have a passport or driver’s license, find a friend or family member that does, and get all the above-listed resources from them.
Once you have all of these details ready, it’s time to create your Payoneer account.
You can also read this step-by-step guide to learn how to create your Payoneer account to receive your amazon KDP earnings in Nigeria.
That’s not all, there is one more reason why I love Payoneer so much. This is because they offer a $25 welcome bonus for every new sign-up that joins the platform through a referral link.
If you go over to payoneer.com directly to sign up for your account, you won’t get the $25 welcome bonus.
So when you’re ready to create your account on Payoneer, sign up using this link.
After you have the whole process all completed, Login to your dashboard, there you can find your US and UK Bank accounts.
2. A Verified KDP account
At this point, you should already have a functional payment method on Amazon KDP. There’s just one problem left.
Amazon will only send in your royalties if your account is verified. This means you’re going to need who has your tax information filled out correctly.
Don’t worry, if you don’t have your tax ID ready, this video has everything you need to know to get one for free.
Once you fill out your tax information on your Amazon KDP account, you now have a verified account and Amazon will be able to pay out your royalties to your Payoneer account.
From there you’ll be able to withdraw directly to your local bank account.
How To Make Money With Amazon KDP in Nigeria
We now have our accounts up and running to receive payments in Nigeria. Let me show how to make money on Amazon KDP in Nigeria. There’s a whole lot of strategy that goes into creating books that sell on Amazon.
That’s the difference between a book that makes a lot of sales and one that simply gathers dust on the bookshelf.
I made a step by step guide on How To Make Money With Amazon Publishing In Nigeria, I can promise you one thing, that article is the most comprehensive guide explaining the entire process for Nigerians.
Commonly Asked Questions on How To Get Paid from Amazon KDP in Nigeria
Once you have your Payoneer account, you’ll need to add the US or UK bank account you get to your payment information on Amazon KDP.
1. When you log in to your Payoneer account, click on the burger bar on your dashboard and head over to the “get paid” section and click on the Receiving accounts.
2. On the Receiving accounts section, you’ll be able to access your US and UK Bank account. Payoneer will also provide you with all the bank details amazon will ask of you as your payment information.
3. With your US and UK bank account in hand, simply head over to your Amazon KDP account and on the “Your account” section, click on the Payment information tab to fill out all the bank details provided to you by Payoneer.
To receive payments from Amazon, you need a local bank account in regions permitted by Amazon.
For Amazon sellers who does not live in the countries with bank accounts listed for payment by Amazon, Payoneer and Transferwise are some other payment options.
These payment service providers allow sellers access to an Active US and a UK Bank account which can be used to accept payment on Amazon KDP.
Amazon KDP doesn’t pay out royalties to writers though PayPal. The only accepted payment methods on KDP is either through a local bank account in listed countries by Amazon or a Foreign account given by Payment service providers like Transferwise or Payoneer.
Read through the guide again to understand how to get paid from Amazon KDP in Nigeria.
You can easily create a payoneer account for free with just your phone or laptop. Head over to Payoneer.com and on their home page, click the sign up button and fill out the sign up forms.
You will to verify your identity and address, but your passport/driver’s license and a proof of your address is more than enough.
Setting up an Amazon account is more than just signing up with an email address. After you create a free KDP account, you’ll still need to fill out some important information to start getting paid from Amazon. These information includes: your tax id and your payment details. Both of these are completely free to get online.
Plz how can i reach you on whatsapp
Hey Walter, we have a floating WhatsApp contact icon on our website, just click on the button and you’ll be redirected to my whatsapp inbox
Kudos, you are doing a great job. A lot of questions agitating my mind were answered as I read through your site. Thanks a lot.
One other question please:
The links supplied by Amazon for buyers to purchase my Ebook and Paperback are not accessible to Nigerian buyers – the complaints logged by Amazon is that the products are not available in that area. How can my books on Amazon be accessible to Nigerian buyers?
You mentioned Transferwise – How can I open an account with Transferwise please? (A friend in UK also mentioned Transferwise to me sometime).
Anticipating your reply, please.
Hey Ezekiel, thank you for taking out the time to ask these questions.
First, I highly recommend you stick with PAYONEER because recently transferwise rolled out a policy and right now doesn’t send money to Nigeria.
As for your amazon link, make sure you are viewing your product in the general marketplace and not just a regional one
Thanks much for your time to answer God bless.
How can I make my Ebook on Amazon available to buyers in Nigeria and other African countries?
Hello good morning… I have an Amazon kdp account and I opened a payoneer account yesterday and it was validated. But since yesterday it says I’m not eligible to request a receiving account,so I’ve not been able to get the details for Amazon payment
Thanks for this.
1. Did you mean that i cant get paid by Amazon kdp directly into my local bank account without a third party like Payoneer?
2. If someone send me money, e.g 300 dollar from abroad through Payoneer, can i cash it from my local bank in nigeria also in dollars?
Good day, Please I want to ask, if I am good to go after the Payoneer account is linked to my local bank account which I have registered it to my kdp account. Does that mean that any one that buys my book will pay into the Payoneer account or I still have to create another account apart from Payoneer and my local bank account.
I already logged on to the Payoneer and I have my own account! However, I was notified I have to receive 50USD before I request a payment account. How?
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