How to Set Up Withdrawal Method in the TemplateMonster Author Cabinet

TemplateMonster authors can withdraw the money they earned in the marketplace via the author cabinet

Authors can request to withdraw earnings twice per month:

  • If you submit the withdrawal request during the 10th-24th days of the month, it will be processed on 25th and payout will be performed during the 26th-31st days of the month.
  • If the withdrawal request was submitted from the 25th till 9th days of the next month, it will be processed on 10th and payout will be performed during the 11th-15th days of the month.

The payments are released via:

  • PayPal,
  • Wire,
  • Payoneer.

TemplateMonster marketplace requires verification of your account, you need to scan your documents in order to complete the verification process. Please do not crop, rotate, adjust colors, or alter the images in any way. After you fill in your billing information please provide a scan of a valid government-issued ID (passport, driver 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 need to have at least $600 on your account balance. As for PayPal, Payoneer – you can withdraw your funds starting from $100. The money transfer fee is paid by the recipient.

Prior to payout processing, the withdrawal request should be considered by the TemplateMonster billing team and as a result, it can be approved or declined.

How to Manage Author’s Financial Details

All information that deals with the author’s earning and money withdrawal options are available in the Billing tab in the vendor’s account. 

At the top right corner of the billing page, you can find the Edit Billing Info button. Click on it to fill in the fields with your valid billing details.

In case you enter wrong billing information, then click Edit Billing Info button. Write down your valid billing information and save the changes once done. If you need to edit the withdrawal info, then click Withdrawal Info button and fill in the proper information. Save changes once done. That easy! 

In the Transactions tab, you can find details about your sales and money withdrawal requests. 

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, Payoneer. Also, there is also 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 that you sold in the website templates marketplace (this includes views, purchases, and profit). There is an option to filter digital products by date/type, which streamlines the search.

Withdrawal Info for US and Non-US Citizens

When you decide to withdraw money from your balance, click Request Money Withdrawal. In a pop-up window, you will see 3 tabs of the Taxpayer Identification Number and Certification.

US citizens will be asked to fill in the following form:

If you are not a US citizen and run an individual account, then 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:

Mind: if you withdraw money in the individual account and decide to continue withdrawing in the corporate account (or vise versa), then you will need to update your withdrawal info. 

How to Withdraw Money to Payoneer

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 taken 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, 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 successfully completed. 

How to Withdraw to PayPal 

To withdraw money to your PayPal account, click on the Billing tab in the TemplateMonster Author Cabinet. Choose PayPal, enter your email address that your PayPal account is connected to, and click Save.  

How to Withdraw to Wire 

To withdraw money to your Wire transfer, click on the Billing tab in the TemplateMonster Author Cabinet. Choose Wire and fill in the fields that show up 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. 

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