LytePay for Huttons Singapore
Your commission in your hands – whenever you want it.
No more long waits. Take control of your earnings and grow your property business to the next level.
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One flat fee
One-time flat fee for every instant payment request.
Get paid fast
No long waits. Receive your commission in your bank account within 3-5 business days#.
Zero risk
Using LytePay will never impact your credit score and TDSR.
No interest or hidden fees
It’s not a bank loan. It’s your money, and transparency is what we promise.
#For 1st time requests, it may take 5-7 business days as Huttons will need to verify your identity.
Get started – it’s freeFind out how to sign up
Refer a Huttons agent, and get rewarded!
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Frequently asked questions
About LytePay
How does LytePay work with Huttons?
We work closely with Huttons to provide commission advance services (projects only) to Huttons agents.
When an instant payment request is submitted by a Huttons agent, Huttons will review and approve the request. Thereafter, LytePay will proceed with transferring the requested payment amount to the Huttons agent’s registered bank account.
Is it free to sign up?
Yes, it is free to sign up for a LytePay account.
If I sign up, does it mean that all my commission will now go through LytePay?
No. If you do not submit an instant payment request, Huttons will continue to pay your commissions the usual way.
How do I sign-up?
Visit www.lytepay.co/huttons to sign up for free with your agency-registered email address and mobile. Ensure that your email address, mobile, and identity (via SingPass) are verified.
You can also watch this video for a step-by-step guide on how to sign up.
When can I start using LytePay after signing up?
Upon completion of the sign-up process, it may take 1 to 2 business days for your account to be verified by LytePay.
Is LytePay safe to use?
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.
What is the repayment process to Huttons, if I use LytePay?
When Huttons receives the payment from the property developer, Huttons will repay the instant payment request amount you’ve requested to LytePay. The remaining amount that you did not request will be paid to you by Huttons the usual way.
This is done automatically between Huttons and LytePay. There is no extra manual work required by you, to repay LytePay.
Is LytePay a loan?
No. LytePay is not a loan. LytePay provides a commission advance service and charges a flat-rate fee per instant payment request. There are no interest charges nor hidden fees.
Are there any terms and conditions that I should be aware of?
You may refer to our Policy Centre at www.lyteventures.com/legal to find out more.
About Instant Payment Requests
What is the processing fee for each instant payment?
The processing fee is calculated automatically and dynamically via algorithm. The fee is calculated based on multiple factors such as transaction status, OTP date, and other risk factors.
On average, the processing fee is 4%-12%. Rest assured, the processing fee will appear on the request form before you submit the instant payment request.
How to submit an instant payment request?
Login via www.lytepay.co/huttons. On the LytePay dashboard, click on Request Instant Payment.
For 1st time instant payment request, you will need to provide your CEA number. In the relevant fields, provide details on the sales transaction that you would like to request instant payment from. Thereafter, submit the instant payment request.
Watch this video for a step-by-step guide on how to submit a payment request.
How soon will I receive my instant payment?
Upon completion of a cash out request, it will be reviewed by Huttons.
Upon approval of the request from Huttons, you will receive an email notification to choose to accept or decline the cash out request.
After accepting the request, you will receive the commission amount in your bank account within 1-2 business days.
Which types of sale transactions can I request an instant payment from?
You can request an instant payment from LytePay as long as it is a project transaction.
On the instant payment request page, provide the name of the project transaction, the block/house number, unit number, and OTP date.
How will I receive my commission?
Your requested commission amount will be transferred to the bank account that you registered with LytePay.
You will receive an email and SMS notification from LytePay once the transfer is complete.
Is there a minimum or maximum amount I can request?
There is a minimum of $1,500 and a maximum of $100,000 per instant payment request.
If I request for only a partial of my commission, what will happen to the remaining commission that is owed to me?
When your commission is eventually paid to Huttons, they will deduct the amount you have requested from LytePay before directly transferring the remainder to you.
It is automatic and seamless, so you don’t have to worry or do anything.
Since 2017, we have served more than 7,500 property agents and processed over $70m of their commissions.
Grow your business with greater control today.
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Based in Singapore, Lyte Ventures provides financing solutions to freelancers and SMEs around the world. Driven by the desire to empower individuals and businesses alike, Lyte Ventures is committed to create opportunities for everyone through our digital platforms. We hold fast to integrity, empathy, and being future-proof in our strategy, design, and innovation.
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