Komigo: Setting up your IPayout Account

Komigo: Setting up your IPayout Account

Komigo only pays out commissions at the end of a month when the accumulated commissions are greater than or equal to $50.  This isn't a one time ever threshold, you will have to meet it every month if you wish to be paid every month, otherwise it will roll into the next month and continue to accumulate.

Once you have earned at least $50 (or market equivalent) in commissions for the first time, you should receive an email from <>.  This email sometimes ends up in your SPAM folder, so you will want to check there if you don't see it.  This email will have your username and a temporary password.
  1. Click the link in the email and log in with your username and temporary password
  2. You will see a registration screen where you need to fill in your personal data, such as your first and last name, gender, address, email, phone number, date of birth, country of citizenship, and preferred communication language.
  3. (Optional) If you wish to register an a business entity, you also need to provide your company's name and Tax ID number, if applicable. You'll also need to agree to provide verification documentation.  This step does not look very Optional but it is, don't fill in these field unless you know you are a business and want to be set up as one, just leave them empty and proceed.
  4. Enter your Social Security Number (for US beneficiaries).
  5. Agree to the terms and conditions and fee schedule.
  6. Choose a Transaction PIN (4 to 6 digits) and keep it safe, as it will be required for transactions within your eWallet.
  7. Submit a government-issued photo ID for identity verification, which can take 3-4 business days for approval. 
  8. If there are problems you'll be notified and may have to re-upload some documents.
That's it!  You should be all setup now.  Currently funds are deposited on the 5th of each month and should show in your account by the end of the day.  

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