TemplateMonster authors can withdraw the money they earned in the marketplace via the author account.
Starting from October 1, 2021, authors can withdraw commission on any day of the month.
All authors have two balances in their account – general and available for withdrawal (the balance is updated daily, according to the transaction’s status).
The author can choose from two withdrawal options in the Billing tab in the author account:
Automatic withdrawal:
Manual withdrawal:
The payments are released via:
TemplateMonster marketplace requires your account verification; you need to scan your documents to complete the verification process. Please do not crop, rotate, adjust colors, or alter the images. After you fill in your billing information, please provide a scan of a valid government-issued ID (passport, driver’s license, national ID card.)
This is a one-time requirement. There’s no need to verify accounts each time when you decide to withdraw some cash. Only if any of your personal details change, the marketplace will ask you to send a scan of your government-issued ID.
Please mind that non-verified accounts are not eligible for commission withdrawal.
To withdraw your funds via Wire Transfer, you must have at least $500 on your account balance. As for PayPal, Payoneer – you can withdraw your funds starting from $100. The recipient pays the money transfer fee.
Before payout processing, the TemplateMonster billing team should consider the withdrawal request, which can be approved or declined.
All information that deals with the author’s earnings and money withdrawal options are available in the Billing tab in the vendor’s account.
You can find the Edit Billing Info button at the top right corner of the billing page. Click on it to fill in the fields with your valid billing details.
If you enter the wrong billing information, click the Edit Billing Info button. Write down your valid billing information and save the changes once done. If you need to edit the withdrawal info, click the Withdrawal Info button and fill in the correct information. Save changes once done. That it!
You can find details about your sales and money withdrawal requests in the Transactions tab.
Click Request Money Withdrawal to transfer money from your account in the Money Withdrawal tab.
You can choose from several money withdrawal options – PayPal, Wire, and Payoneer. Also, there is an option to change billing details with the help of Edit Billing Info and Withdrawal Info at the top right corner.
Your Products Purchases tab contains information about all digital products you sold in the website templates marketplace (including views, purchases, and profit). The option to filter digital products by date/type streamlines the search.
Each author upon reaching the minimum amount for withdrawal ($100) on the author account balance must be verified i.e. provide documents confirming his identity.
This verification is obligatory for all the marketplace authors.
When you decide to withdraw money from your balance, click Request Money Withdrawal. In a pop-up window, you will see 3 Taxpayer Identification Number and Certification tabs.
US citizens will be asked to fill in the following form:
If you are not a US citizen and run an individual account, you will be asked to fill in the following fields.
If you are not a US citizen and own a corporate account, then get ready to provide the following information:
Please note! If you withdraw money in the individual account and continue withdrawing in the corporate account (or vice versa), you will need to update your withdrawal info.
To get the payout, you’re required to go through identity verification. At the bottom of the Taxpayer Identification Number and Certification popup, you must upload your government-issued ID (scanned copy or high-quality photograph of the passport, driver’s license, or any other government-issued document.)
Important! The name on your ID should correspond to the name on your author account; otherwise, we will not be able to verify your account and approve the withdrawal.
Click on the Browse button to choose scanned copies or photographs of your documents, then click on the Save Information button.
Starting from the 24th of February, 2022, we no longer cooperate with authors from Russia and Belarus. It means that the account balances of existing authors from the Russian Federation and Belarus will be frozen (even if the author has changed the place of residence) without exception. Collaboration with authors from countries-aggressors is terminated. Also, the registration of authors will not be possible in the future.
To set up Payoneer Money withdrawal details, click on the Billing tab in the TemplateMonster Author Cabinet. Click Activate Payoneer Card button.
You will be referred to the Payoneer website. In the pop-up window, choose your preferred payment option.
Click Sign up, and you will be taken to the registration window.
Fill in Contact Details and click NEXT to be taken to the following step.
Fill in Security Details, and click NEXT.
At the Almost Done step, fill in your Personal / Company Account details. Once done, click Submit.
The Congratulations window will show up once the registration is completed.
To withdraw money to your PayPal account, click on the Billing tab in the TemplateMonster Author Cabinet. Choose PayPal, enter the email address to which your PayPal account is connected, and click Save.
To withdraw money to your Wire transfer, click on the Billing tab in the TemplateMonster Author Cabinet. Choose Wire and fill in the fields in the drop-down menu. Once done, click Save.
That’s it. Submit your products for review, sell items in the marketplace, and withdraw your funds using the payment methods of your own choice.