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 The Conversion Fee for International Vendors?
When transferring funds to a International bank account, conversion fees are generally around .5%, but can fluctuate based on your location and a vari...
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...