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#11404 - 07/19/20 08:59 PM
Re: Deposit percentage
[Re: John_Bolton]
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Veteran
Registered: 10/13/15
Posts: 1318
Loc: Romania
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There is a fee if the receiver wants the money transferred instantly to their bank. Otherwise the companies hold onto your funds for a couple of days before sending it the free "standard" way and they make money by using your money for free during the float.
_________________________
Making grown men cry . . . and loving every minute of it. Main website: www.mistressayn.comContent site: www.aynrules.com Follow Me on Twitter - @MistressAyn
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#11409 - 07/20/20 12:32 AM
Re: Deposit percentage
[Re: John_Bolton]
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Regular
Registered: 07/09/19
Posts: 170
Loc: Jersey City, NJ
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If Cashapp is free, what is the hidden cost? I don't think someone like Jack Dorsey just creates an app like that out of the kindness of his nonexistent heart. What is he using the data for? Cashapp makes most of their money by charging businesses, not individuals. Being free to individuals makes it widely popular which then puts pressure on businesses to spend the money to use it.
Edited by DommeLynx (07/20/20 12:33 AM)
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#11783 - 09/17/20 06:17 AM
Re: Deposit percentage
[Re: Mistress Ayn]
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Artisan
Registered: 12/08/19
Posts: 99
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From a Domme's POV, are any of the vendor apps preferred - venmo, cashapp, paypal, amazon card, giftrocket?
I'm totally agnostic, and just want to go with the one that is the least hassle and skims the least from the recipient.
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#11788 - 09/17/20 12:36 PM
Re: Deposit percentage
[Re: future pet]
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Artisan
Registered: 12/08/19
Posts: 99
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And to extrapolate a step further...
Would one of those vehicles be preferable to NF and onlyfans? Say one was planning to have a call (or to offer a tip on onlyfans). Is it better to just ask for the call and pay for it as directed by the domme through one of those other channels - or does NF and OF offer some benefit that offsets their "tax"?
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#11789 - 09/17/20 12:38 PM
Re: Deposit percentage
[Re: future pet]
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Veteran
Registered: 10/13/15
Posts: 1318
Loc: Romania
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Hello fp. Good to see you here again. I am sure each Lady has her own opinion but I prefer Venmo with a close second going to CashApp. It is still important for you to be discreet with the note. Neither of them deduct a fee (we get it all) if the receiver is willing to wait a couple of days for it to hit their bank account. If they want an instant credit they both charge a small fee.
Giftrocket canceled a transaction 10 days later (after I had already done the session) and closed my account because the guy put "session deposit" in the notes. They sent me an email saying that I needed to find a different way to accept payment because they were only for gifts. I have heard of this happening to several Ladies.
Paypal reveals both our real names so I don't use that at all. (Venmo is owned by Paypal but the process for sign up is different.)
Amazon gift card is a very safe option. It protects identity and I have never heard of one being revoked. However, there is only so much you can do with Amazon dollars. If cash is tight for a Domme or she has a surplus of funds with Amazon she probably will not want payment this way.
Hope this helps.
_________________________
Making grown men cry . . . and loving every minute of it. Main website: www.mistressayn.comContent site: www.aynrules.com Follow Me on Twitter - @MistressAyn
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#11792 - 09/17/20 01:02 PM
Re: Deposit percentage
[Re: future pet]
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Veteran
Registered: 10/13/15
Posts: 1318
Loc: Romania
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I can't speak for fans only because I don't have an account. But NiteFlirt is a complete rip off. They deduct a "connection fee" plus 40%. For tributes that take a straight 40%. I would much rather do the transaction direct.
The only benefit of NF is that everyone can remain completely anonymous. It doesn't reveal the phone number of either party. Even today with most work being virtual, I seldom log into NF and it is usually because someone requests it. I have also found that many clients are getting wise to the fees and I often have the clients suggest that we do future calls outside of NF. They get more time and I get more money. Of course if NF ever found this out they would delete the provider's account.
I know they have to make a living but they have gotten so much business due to the current climate that they should really have lowered their fees - at least on tributes. Their lack of empathy to our situation has made me much more ruthless with conversion off the site.
_________________________
Making grown men cry . . . and loving every minute of it. Main website: www.mistressayn.comContent site: www.aynrules.com Follow Me on Twitter - @MistressAyn
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#11793 - 09/17/20 01:44 PM
Re: Deposit percentage
[Re: Mistress Ayn]
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Addict
Registered: 06/15/19
Posts: 458
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I can't speak for fans only because I don't have an account. But NiteFlirt is a complete rip off. They deduct a "connection fee" plus 40%. For tributes that take a straight 40%. I would much rather do the transaction direct.
The only benefit of NF is that everyone can remain completely anonymous. It doesn't reveal the phone number of either party. Even today with most work being virtual, I seldom log into NF and it is usually because someone requests it. I have also found that many clients are getting wise to the fees and I often have the clients suggest that we do future calls outside of NF. They get more time and I get more money. Of course if NF ever found this out they would delete the provider's account.
I know they have to make a living but they have gotten so much business due to the current climate that they should really have lowered their fees - at least on tributes. Their lack of empathy to our situation has made me much more ruthless with conversion off the site. Never liked NF. I have been on herbicepscam.com, with dominant female bodybuilders, and supposedly that site is adamant about not exchanging contact info. I don't know what fees they charge. The most convenient and intimate way of doing deposits is, of course, with a Mistress you know. With two Mistresses I've known I snail-mailed deposits and/or been trusted with their business bank account numbers to make direct deposits. For me making a deposit for them (33%, 50% etc.) was always a turn on because both told me to text when I did it via their bank account. They would usually text me back saying something provocative. With one Mistress I'd just leave an envelope on a table saying nothing. With the other, she loved it when I knelt down to start the session, and she counted the tribute as I gave her each individual bill.
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#11794 - 09/17/20 09:32 PM
Re: Deposit percentage
[Re: Mistress Ayn]
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Artisan
Registered: 12/08/19
Posts: 99
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Thank you, Mistress. That's a big help.
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#11803 - 09/19/20 07:24 AM
Re: Deposit percentage
[Re: John_Bolton]
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Addict
Registered: 11/03/15
Posts: 497
Loc: Paris, France
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I am more okay now with paying a deposit because it means i'll actually show up and won't make the mistake of jerking off too close to the session time and backing out/losing interest. I'm surprised they all don't charge deposits. Wow. Because it means you'll "actually show up" its attitudes like this that dictate the necessity for Pro Dommes to charge a non refundable deposit.
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