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💸 What Information Must a User Provide to Receive Payments?

To ensure you receive your royalty payments safely, legally, and without delays.

Carlos Holguin avatar
Written by Carlos Holguin
Updated over a week ago

🧾 Required Information to Activate Payouts:

1. 🪪 Valid Personal Identification

You’ll need to upload a government-issued ID to confirm your identity, such as:

  • National ID card or document

  • Passport

  • Driver’s license

🔐 This helps protect your account and comply with anti-fraud and identity verification standards.


2. 🏠 Full Residential Address

Include:

  • Street name and number

  • City

  • State/Province

  • Postal/ZIP code

  • Country

🌍📬 This is required for tax purposes and for verifying your legal residency.


3. 🧾 Tax Identification Number (TIN / RUC / RFC, etc.)

Depending on your country, this may be:

  • Social Security Number (SSN)

  • Tax Identification Number (TIN or NIF)

  • RUC (in Ecuador or Peru)

  • RFC (in Mexico)

  • CUIL or CUIT (in Argentina)

📊 This is crucial for generating legal income reports and complying with local tax regulations.


4. 🏦 Accurate & Up-to-Date Bank Account Details

To send payments directly to your bank, you’ll need to provide:

  • Bank name

  • Account number or IBAN

  • SWIFT/BIC code (for international transfers)

  • Account holder's name (must match your verified identity)

💳 Double-check this information to avoid failed transfers or payment delays.


⚠️ What Happens If You Don’t Provide This Information?

❌ Royalties cannot be processed or sent
❌ Your account may be placed under review
⏸️ Any balance will be held until all data is properly submitted


🎯 In Summary:

Requirement

Purpose

🪪 Personal ID

Verify your legal identity

🏠 Residential address

Fiscal validation and identity confirmation

🧾 Tax ID

Tax compliance and income reporting

🏦 Bank details

Accurate and timely payment processing

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