Google announced plans to discontinue paying AdSense publishers by check in all countries where they officially support paying by electronic funds transfer (EFT).
Google said “EFT payments are free of charge, less error prone, more efficient and the most environmentally-friendly payment method.” In fact, Google has recommended EFT since before 2007, just two years after the EFT option within AdSense went out of beta.
Now, Google is going to require most publishers to receive payment via EFT. For most of you, this is not a big deal. Personally, I’ve always received them via check, but switching to EFT is not a big deal for me.
Google wrote:
To see if you are effected, see the list of countries on this page.
Here is a video Google made on EFT AdSense payments in 2009:
Is this going to be an issue for you?
Forum discussion at WebmasterWorld.