Accounting & Financial - Frequently asked questions
Why is there two different monthly prices?
Yo, let's break down how our monthly pricing works – it's got two main ways we figure it out, and we go with whichever one costs you more in a month. This way, it's kinda fair depending on how much money you're moving through our platform.
Here's the deal:
-
Flat Rate Option π°: Think of this like a set price tag every month, no matter how much cash flows through your account with us. It's the same consistent fee, month after month, so it's easy to budget for.
-
Percentage Option πΈβ‘οΈ: The other way we calculate your monthly fee is by taking a small slice (a percentage) of all the money that gets processed through our platform for you in that month. So, if you have a big month, this number goes up; if it's a slower month, it's lower.
The Catch (but it's for the best!):
To make sure it's all good and makes sense, we look at both of these amounts at the end of the month. You'll end up paying whichever number is bigger – either the flat rate or the percentage of your income.
Why do we do it this way?
Basically, it means if you're using our platform a lot and making good money, your fee will reflect that. But if it's a slower month, you won't pay more than the flat rate. It's all about trying to keep things balanced and transparent for everyone using our services. Hope that makes sense! π
What are the different types of payment options?
Here's a breakdown of the payment methods we support for you to receive funds:
- π³ Debit & Credit Cards: Good old reliable plastic. We can process direct payments from debit and credit cards.
- π±πΈ Cash App Transfers: Digital payments through the popular Cash App platform.
- π Custom Payment Links: We can create unique payment links just for you, making it easy for your subs to send funds.
- π§Ύπ§ Billing & Invoicing: We handle creating and sending out invoices to your payers.
- tap-to-pay NFC Payments: If you want to get super techy, you can even accept contactless payments using your phone!
- π¦β‘οΈ ACH Transfers: Direct bank-to-bank transfers initiated by your subs.
- ππ° PayPal: Another widely used platform for online money transfers.
- π±π€ Venmo: Easy peer-to-peer payments through the Venmo app.
- π page Wish2Fund Contributions: Fans can send you money directly through a personalized Wish2Fund page we set up for you.
I live in a Country that does not allow Cashapp, PayPal, etc.
Okay, listen up! π Doesn't matter if you're chilling in the USA, vibing in the UK, or anywhere else on the planet πΊοΈ – if you sign up for a payment tier with us, you can grab all the payment methods listed for that level. Straight up, no country restrictions on what you can accept.
Let's say you're a boss babe π in the Czech Republic. You know Cash App πΈ isn't a thing there, right? But guess what? With Findom Management Solutions, you can still get those Cash App payments rolling in! We hook it up on your Wish2Fund page or you can accept it through a special payment link we give you. Or, if that's not your style, we can even send an invoice straight to your sub's to pay via Cash App.
It's the same deal for all the payment options our processor offers. So, whether it's PayPal, Venmo, or whatever else is on your tier, you can accept payments from your subs worldwide π without them (or you!) having to jump through a bunch of hoops because of where you live. We make it easy-peasy to get your bag no matter where you (or your payers) are at! π
I don't want my subs to know you are doing this for me.
π€« Your subs will be totally in the dark about us being the behind-the-scenes magic, unless you spill the tea! π When we get your account sorted, all payments will show up with your Master name (or whatever name you want it to be!). Plus, we'll get you a customer service phone number, and you'll even get your own personalized web address (domain name) for your Wish2Fund page. It'll look totally pro and all you! ππ
What is @mastersmail.pro email?
About your account perks – you'll get a professional email address: yourname@mastersmail.pro! π§ This email can help you level up your online presence and look super legit to your subs. Plus, it's where we'll send you all the important updates and info. We use Google Workspace/Gmail, and you can even use the Gmail app on your phone to stay connected on the go! π± Bonus: you also get access to all the Google Workspace software goodies! π»β¨
How do you help with my tax liability if I am in the U.S.?
π¨ The IRS is keeping a close eye on payment apps like Cash App, PayPal, and Venmo. If they see a lot of action or big money flowing into your account, they might come asking questions π€¨ – and they don't even need a warrant just to inquire!
Now, listen to this: if they figure out you're getting paid for Findom services and haven't been reporting it, you could be on the hook for some serious back taxes PLUS current self-employment taxes. We're talking around 15.3% to the feds, and that's not even counting your state income tax, which could tack on another 4.6%! So, you could be looking at coughing up almost 20% of your past and present Findom income π¬πΈ.
But here's the smart move π: When you roll with Findom Management Solutions, we handle all your payments through our processor. We use your expenses to lower your taxable income, so you could end up paying very little or even $0 in taxes! Then, we send your money to you as payment for services you provided to us. This means we don't need a W-9 from you, and we can send your funds through a free Found Checking Account (if you're in the US), a free ACH transfer to your bank, or via Western Union or Wise (you'd cover those fees).
Just a heads-up though: if you choose to get paid directly through PayPal, Venmo, or Cash App, it kinda defeats the whole purpose of using us π€·βοΈ. If you're in the US, we highly recommend signing up for a free Found Account. If you're outside the US, we can only send via Western Union or Wise. Let's keep things smart and tax-savvy! ππ°π‘οΈ
What is contract management?
Okay, so like, contracts are the π OG foundation of Findom and Master/slave relationships – it's how things have been and still are done. Think of them as the π rulebook that helps everyone know what's up π€ and keeps things solid in the long run. Trust πͺ, having clear contracts is a big reason why some people stick around in this world way longer β³ than others.
We can even hook you up with Power of Attorney (POA) documents. Imagine giving someone you trust the legal power π¦ΈβοΈ to make decisions for you, like handling your πΈ money or signing βοΈ stuff if you can't. It's like giving them temporary control πΉοΈ of certain aspects of your life. BUT heads up π’, POAs we can set up are only a thing in the United States πΊπΈ.
We also got something called a Findom Debt Contract π§Ύ. Basically, if your sub agrees to give you π° money over time (like paying off a "debt" they owe you πβοΈ), this contract lays out all the details – how much π’, how often ποΈ, all that jazz πΆ. It makes sure everyone's on the same page legally β . Again, this specific contract is mainly for our US Masters πΊπΈ.
Now, this last one is kinda a big deal π and works worldwide π: the Findom Ownership Contract π. Think of this as a way to really solidify your control and authority πͺ over your submissive π. It helps establish the dynamic and your full ownership π in a clear and defined way, no matter where in the world πΊοΈ you or your sub are located. It's all about making sure your dominance π is recognized and respected π, wherever you both may be. πππ―
What is a Wish2Fund page?
Alright, so a Wish2Fund page is basically like those Throne pages, Amazon Wishlists, and stuff you see online, where your subs can send you gifts or contribute financially. But peep the HUGE upgrades we've got:
- Universal Payments πΈπ: Unlike those other pages that mostly just take credit or debit cards π³, Wish2Fund is all-inclusive! We accept way more payment options, giving your subs tons of easy ways to send you love (aka, money π). More ways to pay = more for you! π€
- Speedy Cash-Out π¨π°: Forget waiting forever to get your funds! With Wish2Fund, your money gets processed and sent to you within just three business days ποΈποΈποΈ. That's way faster than Throne's ten business days π! Get your hands on your earnings quicker! π₯
- Gift Sending Without Extra Fees ππ«: Just like Throne, your subs can send you actual gifts and items through your Wish2Fund page. But here's the kicker: WE DON'T CHARGE YOU EXTRA FOR IT! π₯³ Throne often adds sneaky fees, but we keep it straightforward and free for you. π
- Content Control & Compliance ππ‘οΈ: We've got your back when it comes to keeping your Wish2Fund page on the right side of the rules. We handle all the behind-the-scenes stuff to make sure everything you say or "sell" on your page follows our payment processor's guidelines. This means you can focus on connecting with your subs without worrying about getting flagged or shut down! ππ
What is 50% off payment processing fees?
Alright, listen up, VIPs! π If you're rolling with our premium tier, you're about to score some seriously sweet savings on those annoying payment processing fees. Think of it like this: everyone else in the basic and advanced tiers has to cough up 3.5% of each payment they get, plus an extra 15 cents. But YOU, my friend, as a premium client, get to cut those fees in HALF! π€©
So, while the others are paying that 3.5% + 15¢, your rate drops down to a super low 1.75% plus just 7.5 cents (that's less than a dime!). Basically, you're keeping way more of your hard-earned cash because we're taking a much smaller cut every time your subs send tribute. It's like getting a permanent 50% discount just for being a top-tier Master! ππ° Keep that extra money flowing into your bank account! π₯
Log in to see/take payments from subs
Yo, check this out! π As a client, you'll get your own personal login to our payment processor's phone app – it's like having your own money control center right in your pocket! π± From this app, you can see every single payment that comes through, so you're always in the know about your earnings. π€
But get this – you can also straight-up TAKE payments using the super cool 'tap' feature on your iPhone or Android! β¨ It's like magic! If you're meeting a sub IRL or just wanna grab a quick tribute, you can just tap their card or their phone to yours, and BAM! Payment secured. πΈ This means you've got the ultimate power to get your money how you want, whenever you want. It's all about putting YOU in control of your bag! ππ
Management Services - Frequently asked questions
Is Findom Master Support Really Legit?
- Findom Master Support is a legitimate company based in the United States. It is registered in the Commonwealth of Kentucky under its parent company, CSN Investments, LLC.
- CSN Investments, LLC. was registered with the Commonwealth of Kentucky on October 1, 2020.
- Findom Master Support was registered with the Commonwealth of Kentucky on April 26, 2024.
What Do I Charge Masters?
- I've been helping Masters for nearly three decades. Initially, I offered my services for free and asked Masters to cover software costs using funds collected from cash pigs.
- Given rising expenses, I've implemented a flat fee of 20% for my services.
- There's a one-time setup fee of $100.00 to ensure commitment. This helps prevent clients from quitting before gaining traction, as they'll be invested in their success.
How Do I Pay Masters?
- I collect payments from cash pigs on behalf of the Masters I represent.
- Since I work primarily with international Masters facing payment platform limitations, all payments are processed through my platforms, including Cash App, Venmo, PayPal, your WishPage Store, and custom payment links.
- Funds are then transferred to my Wise account and converted to the appropriate currency before being sent to the Master's local account.
- Payments are typically sent via Wise on Wednesdays. You'll only be charged the minimal Wise transfer fee.
- For expedited payments, received daily, I charge a 10% transfer fee. For example, on a $500 payment, you'd pay $50 in addition to the Wise fee.
- If your country doesn't accept Wise payments, we'll explore alternative methods like MoneyGram or Western Union. You'll be responsible for any associated transfer fees.
Do I Make Masters Sign a Contract?
- Yes, a contract is essential for our partnership.
- While contracts can sometimes seem daunting, they're crucial for protecting both your interests and mine. The contract outlines our expectations, responsibilities, and payment terms.
- I require a signed contract before starting any work.
Do You Promote Me?
- We'll help you gain visibility on platforms like Twitter and Muscle Chatrooms, and we'll connect you with other websites that can attract an audience. Plus, we'll promote your content on YouTube.
- We also offer in-person events, like our Summer Tours, where we visit 2-3 U.S. cities to meet with potential clients. These tours can generate around $20,000 for a Master in about 8 days of work. (International Master's will of course, need a passport to come to the U.S.)
- We offer a promo special that gets you in front of 162,000 cashfags for a flat cost of $350.00 (this goes to the RT accounts, not to Findom Master Support). This can be paid up front when you start, or we can use the funds you get to pay this for you.
Do You Pair Me Up With Other Masters?
We usually don’t pair you with other Masters. Instead, we organize Zoom group shows and sell tickets to them. These shows feature you and one or more other Masters from Findom Master Support. This is a great way to get more exposure.
What If I Am Not 18 Years Old Yet?
Age isn't a factor for me. As they say, ignorance is bliss. I've worked with people of all ages and have no issues. However, you'll need to be able to handle the increased workload that comes with financial domination while still prioritizing your education. I believe education is crucial for young people, so if you let financial domination interfere with your schooling, I won't continue to represent you.
Referral Program
Refer a fellow Master and earn 1% of their income. Plus, enjoy a 50% discount on your commission rate for 30 days!