Free* Cash Out of up to $10,000 for all SRI agents!

LytePay for Singapore Realtors Inc (SRI)

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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Licensed by MAS
$70M+
Income processed
7,500+
Property agents trust us

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 SRI will need to verify your identity.

Get started – it’s free

Find out how to sign up

Frequently asked questions

About LytePay

We work closely with SRI to provide commission advance services (resale and projects only) to SRI agents. When an instant payment request is submitted by an SRI agent, SRI will review and approve the request. Thereafter, LytePay will proceed with transferring the requested payment amount to the SRI agent’s registered bank account. 

Yes, it is free to sign up for a LytePay account. 

No. If you do not submit an instant payment request, SRI will continue to pay your commissions the usual way. 

Visit www.lytepay.co/sri 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. 

Upon completion of the sign-up process, it may take 3 to 5 business days for your account to be verified by LytePay. 

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. 

When SRI receives the payment from the property developer or resale transaction, SRI 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 SRI the usual way. 

This is done automatically between SRI and LytePay. There is no extra manual work required by you, to repay LytePay. 

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. 

You may refer to our Policy Centre at www.lyteventures.com/legal to find out more. 

About Instant Payment Requests

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. 

Login via www.lytepay.co/sri. 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.

Upon completion of a cash out request, it will be reviewed by SRI.

Upon approval of the request from SRI, 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 or resale transaction. 

On the instant payment request page, provide the name of the project or resale transaction, the block/house number, unit number, and OTP date. 

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. 

There is a minimum of $1,500 and a maximum of $100,000 per instant payment request. 

When your commission is eventually paid to SRI, 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.

Sign up now

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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Contact
LytePay Pte Ltd
6 Bukit Pasoh Road, #02-01
Singapore 089820

support@lytepay.co
Lyte Ventures Pte Ltd is the holding company of the Lyte group of companies. Lytepay Pte Ltd is a subsidiary of Lyte Ventures Pte Ltd. 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. Please note that this does not mean you will be able to recover all the money you paid to if LytePay’s business fails. Consumer Advisory: LytePay Pte Ltd is not a moneylender and does not require the approval of the MAS or the Ministry of Law to carry on business. Consumers (users) are advised to read the terms and conditions carefully. If you wish to discuss data protection matters, please contact our Data Protection Officer at dpo@lyteventures.com. Disclaimer: Lyte Ventures Pte Ltd, its officers, employees, representatives or agents shall not be held liable for any damages or injury resulting from your access to, or inability to access this internet site, or from your reliance on any information provided on this site or any accompanying literature or documentation. The information and material provided on this site do not constitute an offer to sell or the solicitation of an offer to buy, any currencies or securities and must not be relied upon in connection with any payment decision.

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