Payouts
"Why do I need to submit tax forms if I didn't hit the IRS threshold?"
The IRS mandates individuals report all income on their tax returns, regardless of the amount. This includes earnings under $600, for which businesses...
How to Submit Your Tax Information as a Sole Proprietor
Before withdrawing funds from their Lumanu wallet, users are required to submit their tax information to Lumanu. Lumanu is set up as a third-party set...
How to Submit Your Tax Information As A Business
Before withdrawing funds from their Lumanu wallet, users are required to submit their tax information to Lumanu. Lumanu is set up as a third-party set...
How to Request a Payout From a Lumanu Team
To send a payment request to a company via Lumanu, you must first be added as an approved Partner to their team. Ask your client before filling out a...
How to Connect A Bank or PayPal Account to Lumanu
Link your bank or PayPal account to Lumanu by clicking Finances in the navigation bar, then select Linked Accounts . Click the Add bank account but...
How to Withdraw Funds to Your Connected Account
To withdrawal your funds, you must submit your tax information and verify your identity/business. To do so, log-in to your Lumanu account and navigate...
Which International Currencies Does Lumanu Support?
Lumanu supports payment withdrawals in the below currencies: Australian dollar Canadian dollar Euro British pound Japanese yen South Korean won Singap...
What is Instant Pay and How Do I Get It?
Instant Pay gives vendors the option to get paid instantly for a small fee, rather than waiting net 30, 60, 90 days to get paid. In order for a payout...
Understanding International Withdrawal Fees
When withdrawing funds internationally, you may encounter bank or Paypal fees. This article covers the fees associated with different withdrawal metho...
Receive Payments in USD and CAD
Introducing dual wallets for vendors: Receive Payments in USD and CAD We are excited to introduce a new feature that allows you to receive payments in...