Fotolia increases payment

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Leading microstock photography agency Fotolia has increased payment rates for contributors. Members earn credits for images sold. Currently, the exchange rate is 1 credit equals US$1, if you are signed up with Fotolia US. As part of the launching of Fotolia V2 next week, 1 credit will equal US$1.36 which translates into a 30% increase in earnings. This value is more accurate and equal to other international countries who use the Euro as a basis of payment.

Along with the price increase, Fotolia is making changes to its licensing models, removing the Exclusive Buyout licence because of fraud and will be introducing new licensing models in its place.

In addition, images with no sales for 18 months will be removed so that server space can be more productively used for newer and higher quality images. Site functionality and speed will be improved and optimized to include support for vector files, and a flash upload system.

This comes hot on the heels of another leading microstock photography agency, Shutterstock recently increasing its payout to members.

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Tags: fotolia, microstock photography, make money selling images

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One Response to “Fotolia increases payment”

Fotolia V2 teething problems-Make Money Online with Some Useless Info on June 27th, 2007 4:46 pm

[…] Fotolia, one of the main microstock photography agencies launched their revamped site with overhauls on their entire technical system and are facing some problems as a result. Members have reported facing multiple problems, from being unable to withdraw their payments to facing blank pages when accessing the forum and uploading images. […]

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