At Fancentro, we understand the importance of seamless and transparent financial interactions between agencies and creators. Our platform is designed to facilitate the equitable distribution of earnings, ensuring clarity and ease in managing revenue shares and payouts. This guide outlines the steps and considerations vital for agencies using Fancentro to manage creators’ revenue shares and payouts effectively.
Setting Creators’ Revenue Share
The initial step involves defining the agency/creator share ratio. It’s essential to engage in a clear discussion with the creator beforehand to set expectations and prevent misunderstandings or conflicts. To configure the creator’s share:
Navigate to the Creators tab of your admin and click on the three dots at the bottom-right corner of the creator’s avatar.
Select ‘Stats & details’.
Proceed to the ‘Payout details’ section, find ‘Creators share’, and specify the desired percentage.
Please note, that the share percentage can range from 0% to 80%, considering that Fancentro retains a standard 20% revenue share on all transactions.
Managing Creators’ Payouts
Agencies have the option to choose who manages the payouts – the agency itself or Fancentro.
Agency-Managed Payouts: If the agency opts to manage payouts, the total revenue after Fancentro’s share is added to the agency’s balance. Agencies are then responsible for disbursing payments to creators. Our system provides a detailed breakdown of the amounts due to each creator based on the set percentage. This option offers agencies more direct control over the payment process.
Fancentro-Managed Payouts: Should the agency prefer Fancentro to handle the payouts, creator payouts will be processed according to our standard payout schedule. Payouts will be made directly to the payment details provided in the creator’s account. By offering these options, Fancentro aims to provide flexibility and convenience to agencies in managing financial transactions with creators.
This system not only streamlines the revenue-sharing process but also ensures transparency and accuracy in payouts, reinforcing a trustworthy relationship between agencies and creators. For any further assistance or clarification, agencies are encouraged to reach out to our Account Management Team. We are committed to ensuring a smooth and efficient experience on our platform for both agencies and creators.