In early May, Google announced its redesigned AdSense payment page. This included a redesigned payment summary and payment settings page, more flexibility with payment settings, and tweaks to navigation of the payments interface.
Google says these things were only part of a bigger upgrade to its payments system, and that changes will be rolling out to all publishers over the coming months.
In a blog post today, Google's Colm Keady said, "For publishers located in countries where we offer payments via Electronic Funds Transfer (EFT), we’ve made improvements to this form of payment to give you quicker access to your earnings. Once your account has been upgraded to our new system, EFT payments will appear in your bank account just days after posting to your Payments page. As always, EFT payments are free of charge, less error prone, more efficient and the most environmentally-friendly payment method."
"With these changes, please note that the new system won’t support check payments in countries where we offer EFT as a form of payment," Keady adds. "If you’re located in a country where we offer EFT payments and you currently receive check payments, please be advised that you’ll need to complete a few steps once your account is upgraded. However, no immediate action is required on your part at the moment. Once your account is transitioned to the new system, you’ll receive an email notification with detailed instructions on setting up EFT payments."
Google says it is also working on ways to improve the payments process and speed up payments for countries that don't support EFT. Unfortunately, no specifics are given on that front.