Once you have reached the Payout Criteria you can click on the Withdraw button to request a payout from our accounts team.
At this stage, all payouts must be manually requested by you, the influencer. We will process this on our side after reviewing your account. Our team will do our best to process the request within 48 hours, however, further delays may be applicable if there is an issue with your bank details or provided documents.
What we need to process a payout:
- A minimum of R500 in your Lit Wallet
- You will need a valid bank account (We will request a bank confirmation letter)
- Your ID number
- Your full name
- Your physical address
- If you are a VAT registered business we will require your VAT number (only applicable to businesses)
- Good standing on the platform
Once you request a payout, the system will automatically generate an invoice on your behalf with your details and addressed to Lit. This is a SARS requirement and must happen. According to our ToS, we stipulate that we (Lit) will create invoices on your behalf so that we can pay you. We will retain these invoices for a period of five years and request that you do the same. The invoice will be emailed to you once the payout is approved. Shortly thereafter your payment will reflect in your bank account.