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Refer an ERA teammate and get $30 cash for each successful referral.
We work closely with ERA to provide commission advance service (projects, resales, tagger-fees, incentives) to ERA property agents.
When a cash out request is submitted by an ERA agent, LytePay will proceed with transferring the requested payment amount to the ERA agent’s registered bank account.
Yes, it is free to sign up for a LytePay account.
No. If you do not submit a cash out request, ERA will continue to pay your commissions the usual way.
Sign up for free here, using your agency-registered email address and mobile. Ensure that your email address, mobile, agency, identity (via SingPass), and bank account are verified.
Upon completion of the sign-up process, your account will be verified by LytePay within 1 business day. After which, you can start submitting your cash out requests.
LytePay Pte Ltd is a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) under the Payment Services Act to provide (i) account issuance service; (ii) domestic money transfer service; and (iii) cross-border money transfer service.
On a first-in-first-out basis, ERA will deduct the cash out amount that was requested by the agent from his/her next commission. This amount will be used to repay LytePay.
This is done automatically between ERA and LytePay. There is no extra manual work required by ERA agents to repay LytePay.
No. LytePay is not providing a loan. LytePay provides a commission advance service and charges a flat-rate fee of 4.5% per cash out request. There are no interest charges nor hidden fees.
You may refer to our Policy Centre to find out more.
LyteMoney is the available commission that you can cash out.
LyteMoney’s algorithm will determine the amount of LyteMoney available to you now. Once a sale has been invoiced and the invoice date is today or has passed, 80% of your total commissions for this transaction will be added to LyteMoney.
If your invoice date is in the future, it will depend on various factors and a range of 20-80% of your total due commissions will be added to your LyteMoney balance.
You can cashout any amount you wish from your LyteMoney balance. Your LyteMoney will change on a daily basis. Rest assured, when your LyteMoney increases, you’ll be notified via email and SMS too.
Firstly, you must have signed up with LytePay. Ensure that your email address, mobile, agency, identity (via SingPass), and bank account are verified.
Once you’ve completed the above, you will be able to see your LyteMoney on the dashboard.
You may cashout up to $100,000 per cashout. There’s a minimum of $500 cashout amount.
As long as you have an outstanding amount on LytePay, ERA will continue to deduct from your next resale or rental commission to repay back your outstanding amount on LytePay.
Your remaining commission may or may not be deducted to repay back your outstanding amount on LytePay.
You can check your outstanding amount owing to LytePay on the Transactions page. Or you can visit this link.