As I understand, Lulu authors have a choice between Paypal and paper check options for receiving royalties. I'd like to suggest that Lulu offer authors who go with the paper check option the choice to also go with direct bank deposit. Here is why:
- Paper checks require printing and postage. A direct deposit will be better for the environment and less costly for Lulu to process. It is also easier for authors, who can avoid a trip to a bank or forwarding a check to a bank.
- While it is true that Lulu and its authors can achieve these benefits through Paypal, direct deposit is a better option because unlike Paypal, which charges the funds recipient fees ranging from 1.9% to 2.9% + $0.30, direct deposit is free for most banks. Moreover, the recipient is spared the trouble of going through Paypal and transferring funds to his account.