How to Set Up Your Payment Method in Moneybox
Summary
This article provides a step-by-step guide on how to set up your payment information in The Moneytizer's Moneybox. It includes instructions for the required 2-step verification process, as well as an overview of the four main steps to complete your payment setup.
Introduction
To ensure you can receive your earnings, it's crucial to correctly set up your payment method in your Moneytizer account. This process is simple and is divided into four main steps. To get started, you will first need to set up a 2-step verification for enhanced account security.
This guide will walk you through each step of the process to ensure your payment information is accurate and ready for invoice generation.
Set Up 2-Step Verification
For security purposes, you must first verify your identity with a mobile phone number before you can access your payment settings.
Log in to your Moneytizer account.
On the left-hand navigation menu, click on "My Profile."
A pop-up window will appear, prompting you to "Set up 2-step verification."
Enter your mobile phone number in the designated field.
Click "Send code."
Once you receive the verification code on your phone, you can enter it to proceed to the next step and begin the payment setup process.
Log in to your Moneytizer account.
On the left-hand navigation menu, click on "My Profile."
A pop-up window will appear, prompting you to "Set up 2-step verification."
Enter your mobile phone number in the designated field.
Click "Send code."
Step 1:Enter Your Information (Address)
Once your 2-step verification is complete, you will be directed to the first stage of the payment setup: "Address."
To ensure you receive your payments on time, please enter your details exactly as they appear on your bank account.
At the top of the form, you'll need to choose whether you are an "Individual" or a "Company." Select the option that corresponds to your legal status. The required fields will automatically update based on your selection.
Special Note for French Publishers
If you are a French publisher and you selected "Individual" in the previous step, you will see an additional option at the bottom of the form: "Auto entrepreneur?" Please select "Yes" or "No" to accurately reflect your status.
Company:
Important: Payment Country
By default, the system will only allow you to select a payment country that matches your country of residence.
If your bank is registered in a different country, you must first contact our support team at contact@themoneytizer.com to enable this option. For example, if you live in Japan but your bank is in Luxembourg, you need to contact us first.
Once our support team has confirmed access, you can go back to Step 1 in your profile and click Edit. You will then see a new option: "If you want to be paid in a country different than the above, select a country below."
Clicking this will display the full list of countries, allowing you to select the one where your bank account is held.
Step 2: Choose Your Payment Method
After entering your address details, you will move to the next step: "Payment Method." The available options will vary based on your country of residence and the currency you select.
Tipalti, our payment partner, offers several options for you to receive your earnings:
Local Transfer / SEPA Transfer
Direct Deposit / ACH
Wire Transfer
PayPal
You will need to select the option that is most suitable for you. Below is a breakdown of each payment method.
Local Transfer / SEPA Transfer
Direct Deposit / ACH
Wire Transfer
PayPal
Local Transfer / SEPA Transfer
This is a great option for users in the SEPA/EUROPE zone or those with a European bank account that accepts SEPA payments. It's a low-cost and efficient way to receive your funds.
Eligibility: Users in the SEPA/EUROPE zone or with a European bank account.
Currency: Euro (€)
Transaction Fee: €0.50
Important: If you use a digital bank like Wise or Revolut, you must select this payment method to ensure your payment is processed correctly.
Eligibility: Users in the SEPA/EUROPE zone or with a European bank account.
Currency: Euro (€)
Transaction Fee: €0.50
Direct Deposit / ACH
International Wire Transfer
Choose this option if you don't live in the U.S. and aren't eligible for a SEPA transfer.
Eligibility: Users outside of the United States and the SEPA zone.
Currency: Your choice
Transaction Fee: Up to €13.00, plus a 3% currency conversion fee if your chosen currency is different from the account currency.
Eligibility: Users outside of the United States and the SEPA zone.
Currency: Your choice
PayPal
PayPal is a convenient option for users worldwide.
Eligibility: Available globally.
Transaction Fee: 2% of the amount + €0.50, with a maximum fee of €21.00.
After selecting your preferred payment method and entering the required banking details, make sure to check the box to agree to the Tipalti Terms of Service and Privacy Policy. Then, click Next to continue to the next step.
Important: Payments via PayPal can only be received in U.S. dollars (USD). Please note that although the option to receive payments in euros via PayPal may appear in Tipalti, it cannot be disabled on our side due to platform limitations. For this reason, we kindly ask you to pay close attention when selecting the payment currency.
PayPal is a convenient option for users worldwide.
Eligibility: Available globally.
Transaction Fee: 2% of the amount + €0.50, with a maximum fee of €21.00.
Choosing Your Payment Currency
For payments processed via Wire Transfer and PayPal, you will have the option to select the currency in which you wish to receive your earnings.
Important: Minimum Payment Threshold
In some cases, a minimum threshold is required to process a payment in a specific currency. For example, payments in PEN (Peruvian Sol) are only available above a USD 1,030.00 equivalent. If this minimum is not reached, the payment cannot be issued.
It is crucial to be aware of these thresholds to ensure your payments are not delayed.
Step 3: Complete Your Tax Information
Next, you will need to provide your tax details. This step will present two options, and you should select the one that corresponds to your situation:
I am VAT registered: If this applies to you, you will need to enter your VAT Number in the provided field.
I am not VAT registered: If you are not VAT registered for tax purposes, select this option. You must then confirm your declaration by checking the box below.
Click Next to continue once all information is entered.
Step 4: Final Confirmation
This is the last step of the payment setup process. After successfully completing the previous steps, you will see a final confirmation screen.
The screen will display "DONE" and a message confirming that your setup is complete and payments will be made according to your selections.
If there is an issue with your submission, Tipalti will notify you. This may happen if information is missing or if additional documents are required. Your account will only be fully enabled to receive payments once everything has been successfully verified.
Related Articles
When Do I Get Paid? Understanding the Payment Cycle
Summary Payments are directly linked to invoicing. To receive an invoice and a subsequent payment, a publisher must meet several criteria, including having an active site, reaching the minimum payment threshold of 50 euros/dollars, and having ...Understanding Your MoneyBox Billing and Payments
Summary This article explains how to navigate your MoneyBox billing dashboard. Learn how to view your payment history, track invoice statuses, and download payment confirmations and invoices. Introduction This guide will walk you through your Billing ...Payments FAQ: Methods, Fees, and Troubleshooting
Summary This guide provides answers to the most common questions about setting up your payment method, understanding fees, and troubleshooting payment issues. All payments are securely managed through our partner, Tipalti. 1. Getting Started with ...Minimum Payout Thresholds and How They Work
Summary Our payment system is fully automatic and based on a minimum payout threshold of 50 euros/dollars. Once you reach this amount in a given month, an invoice is generated on the 10th of the following month, and payment is sent 60 days later. If ...How to Update Your Tax Information via Tipalti
Summary To ensure timely and compliant payments, it is essential that you keep your tax information accurate and up to date. All updates must be submitted through the secure Tipalti portal, which is integrated directly into your Moneybox account. ...