Earnings and Payouts
Effective Date: 2021
Introduction
These terms govern the earnings and payouts process for Creators using ForFansOnly. By creating and maintaining a Creator account, you agree to these terms as part of our Terms of Service.
Earnings Split
ForFansOnly operates on an 80/20 revenue split. As a Creator:
- You retain 80% of all payments made by your Fans (subscriptions, pay-per-view content, tips, etc.).
- ForFansOnly retains 20% as a platform fee for providing the tools, technology, and services to manage your account and interactions with Fans.
Payout Eligibility
To be eligible for payouts, you must:
- Verify your identity by uploading a valid government-issued ID.
- Add a valid bank account or payout method in the Payout Settings section of your profile.
- Meet the minimum payout threshold for your region.
Payout Process
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Earnings Updates
- Your earnings will appear in your ForFansOnly Balance once payments from Fans are processed.
- Earnings are subject to a brief processing period to ensure payment validity.
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Payout Schedule
- Payouts are processed weekly or monthly, depending on your selected payout option.
- The cutoff for weekly payouts is every [Insert Day/Time]; amounts earned after this time will roll over to the next payout cycle.
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Minimum Payout Amount
- The minimum payout threshold varies based on your payout method and location. Refer to the Payout Settings for specific details.
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Currency
- Payouts are made in [Insert Currency]. Exchange rates and conversion fees, if applicable, are determined by your payout provider and may vary.
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Fees
- ForFansOnly does not charge additional fees for payouts beyond the 20% platform fee. However, third-party payout providers may charge transfer or conversion fees, which are the Creator’s responsibility.
Chargebacks and Refunds
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Chargebacks
- If a Fan disputes a payment, resulting in a chargeback, the disputed amount will be deducted from your earnings.
- ForFansOnly reserves the right to investigate chargebacks and take appropriate actions.
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Refunds
- Refunds are generally not issued without valid cause. If a refund is granted, it will be deducted from your earnings.
Circumstances Affecting Payouts
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Withheld Earnings
- Earnings may be withheld temporarily if:
- There is suspected fraud or illegal activity.
- You breach any part of the Terms of Service.
- A Fan initiates a chargeback or disputes a payment.
- Earnings may be withheld temporarily if:
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Forfeiture of Earnings
- Earnings may be forfeited if investigations confirm fraudulent or prohibited activities, or if you repeatedly violate the Terms of Service.
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Payout Method Issues
- If your payout method is invalid or rejected, you will be notified to update it. Payouts will resume once the issue is resolved.
Taxes and Compliance
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Tax Responsibility
- You are solely responsible for reporting and paying any applicable taxes on your earnings, based on the laws of your jurisdiction.
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Tax Documentation
- ForFansOnly may require tax documentation (e.g., W-9, W-8BEN) to comply with local tax regulations.
Disputes and Resolutions
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Dispute Resolution
- For any discrepancies in your earnings or payouts, contact ForFansOnly support at [Insert Contact Email/Link].
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Timeframe for Claims
- Any claim regarding earnings or payouts must be submitted within 30 days of the payout date. Claims submitted after this period may not be honored.
Changes to Payout Terms
ForFansOnly reserves the right to modify these terms to reflect changes in policies or regulations. Significant changes will be communicated in advance via email or platform notifications.