This is great news to Indian Bloggers and webmasters whose source of online income is Google Adsense can now get their earnings wired to them directly to their bank accounts. Below is a quote from the blog post.
“Hello AdSense publishers in India!
We’re excited to let you know that we’ll soon be improving the payments process in India and use a faster, more reliable, and secure alternative to cheque payments. As part of upgrading your account to our new payments system, we are replacing cheque payments with U.S. Dollar international wire transfers. We think you’ll find this to be a major improvement over cheque payments, and we welcome your feedback to let us know how this changes your payment experience. Publishers participating in our recent wire transfer beta testing report minimal fees (typically Rs. 56/- to Rs. 110/-, approximately $0.90 to $1.78) and favorable exchange rates on these transactions. You’ll benefit from receiving these payments in your bank account automatically, saving you from a trip to the bank.”
You can check for more details on Google Product forum here. Cheers!