Google Adsense payment system hit by a currency conversion bug
It seems from the reports of Google Adsense users that, Google adsense programs payment system is been hit by a currency conversion bug.
Many users have found their August earnings are not being converted to their respective local currency . Google is doing the conversion in USD 1 = 1 unit of respective local currency format.
For example, a person who is waiting for USD 300 in India would get Rs. 300 instead of (300 x 45) Rs. 13500/- as Google payment system is calculating USD 1 = INR 1 instead of present market value of USD 1 = INR 45.
Google explains in their Adsense help forum,
Hi all,
Please be assured that we are aware of this issue, and are working to correct it as soon as possible.
We appreciate your patience in the meantime, and will be sure to keep you updated here.
Ashley
Satyam said
am September 26 2008 @ 6:51 pm
Exactly
You caught them
teaser-trailer.com said
am September 27 2008 @ 3:35 pm
You just stopped my undergoing a heart stroke!
Thank you!
chandan said
am September 27 2008 @ 3:59 pm
it really annoys me
Debiprasad Sahoo said
am September 28 2008 @ 4:25 pm
You caught it late. However I appreciate it.
They emailed me that “While the exchange rate is incorrectly listed as 1:1, please rest assured that your payment has been issued with the correct exchange rate. You can expect your check to arrive according to the normal delivery time, within two to four weeks.”
So anyone need not to be worry about their payments.
Debiprasad Sahoo said
am September 29 2008 @ 5:57 pm
Now they fixed this. Now you can see the actual conversion rate, at which they had sent you the check.
Mrinmay Bhattacharjee said
am October 10 2008 @ 7:30 am
Thanks for the information. Really this is a new thing for me to know.
Thanks again