Yahoo! Publisher Network has introduced the option of receiving payment by direct deposit for publishers of their contextual targeted ’search’ advertising system. This option allows these publishers to receive their earnings 10 to 15 days faster than before as deposits to bank accounts occur on the 25th of each month.

However, for all new publishers direct deposit will be the default mode of payment method.

Yahoo! Publisher Network has over 2,000 publishers for their beta product. Yahoo! Publisher Network will be using its Portal Alerts messaging system and emails to notify publishers whenever a validation or payment failure occurs.

According to  Will Johnson, GM/VP of YPN, and Product Manager Carolina Toro YPN is also offering a Tax Withholding option for publishers. This should see substantial additions in the publisher list .