Theis changing it’s payment system to be every month instead of once a quarter. So instead of getting 4 cheques (or gift certificates) per year you’ll get 12.
The payment terms will be 60 days (ie you get your cheque or certificate 60 days after the month ends) but this aspect of things isn’t really that much different to present as the quarterly payments are over 30 days (usually around 45 days from memory) after the end of the quarter anyway.
There will be new tiers to reflect this change as follows:
I’m yet to analyze these tiers and see how they compare to the current ones.
Full details at The Official Amazon Associates Blog.
PS: In other Amazon Associate news not posted on their blog but at the bottom of an email sent to publishers was this:
“Lastly, effective January 1, 2007, we are increasing the Check Processing Fee for US-based Associates from $8 to $15. The minimum check amount is still $100. We encourage all US-based Associates to choose direct deposit (EFT) or Amazon.com Gift Certificates as their payment method to avoid this fee. The minimum amount for these payment types is $10. Visit Associates Central to change your payment method.”