Home Safest Way To Receive Money From Sugar Daddy

You’re a gorgeous single girl, laidback, witty, popular, and have literally no desire to work off your back as all your friends do, and you’ve decided to taste the luxurious life of a sugar baby. Certainly, having a passive income as a sugar baby is way simpler than, for example, earning pennies working hard as a waitress or something like that. However, still—even sugar relationships aren’t that cloudless. You don’t want to screw up everything without knowledge, do you? That’s why you’re here.

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We’re gonna touch on such a distasteful thing as fees—the financial and legal side of sugar relationships and how to receive funds when sugar daddy sends you money. Here is how to immerse yourself in the sugar lifestyle swimmingly and get money from a sugar daddy easily and worry-free.

What is the safest way to receive money from a sugar daddy?

It’s only natural that the safest method to get or send finances as a sugar partner is different for different people. If you’re a newbie to sugar relationships and know almost nothing about this process, you need to find out some common methods to transfer money or get an allowance from your partner to always be on the safe side.

Sugar daddy and sugar baby
Sugar daddy and sugar baby

Although there are numerous platforms like SugarDaddy.com that connect women and men seeking just entertainment without any obligations, not all of them offer services allowing them to send cash. Even when you join the most popular websites for sugaring, you won’t find in-build perks for it. So, how do real sugar daddies transfer money? Learn a lot about available services for payments and sugar daddy cash app names to choose the most convenient and secure among them.

PayPal

  • Anonymous: no
  • Untraceable: no
  • Mobile compatible: yes
  • Fast: yes

This is one of the most reputable sugar daddy apps that send money among people seeking entertainment with no strings attached, making it a popular payment system for sending or getting the sugar allowance. Paypal is compatible with most devices and smoothly runs on every tablet or smartphone. With a gadget in your hands, you may add and change settings, add credit and debit cards, execute currency transfers, and much more. This sugar baby cash app lets you receive payments almost instantly, making it a convenient service for most sugar girls and sugar daddies interested in a pleasant time and entertainment.

This cash app for sugar babies doesn’t require extra charges for receiving or sending finances. It can be done only in case you convert different currencies. . You can use it, among other methods, if you go with Secret Benefits or LuxuryDate to find your sugar relationships. You won’t face any commissions when you want to pay for meetings with a girl from your location. Is PayPal safe for sugar daddy? Read the pros and cons to find out the answer to your question.

Pros
  • PayPal doesn’t share personal and financial details with other services
  • The app is convenient and intuitive in a daily usage
  • It lets to send money in several clicks
Cons
  • PayPal sends Form 1099-K to the IRS if the transaction is over $20,000. So, if you receive less than $20,000 per year, it’s ok.
  • The transaction on Paypal for a sugar daddy can be reversed. It can be a bad sign for a sugar baby if her partner is a scammer. He may send her money and make a refund later after he reaches his goals.

E-wallets

  • Anonymous: no
  • Untraceable: no
  • Mobile compatible: yes
  • Fast: yes

An E-wallet is a comfortable perk for sugar babies who don’t know how to get money from a sugar daddy.  It’s pretty usually used on such platforms like Secret Benefits or SugarDaddy.com. There are different types of e-wallets, but to enjoy safe usage, it’s recommended to choose from the most popular of them:

  • Skrill (MoneyBookers)—popular sugar platforms usually accept this service
  • Google Wallet—some countries don’t accept this method, but it works in the USA
  • Venmo
  • Neteller
  • Payoneer

When it comes to this cash app for sugar daddies, it may hide extra bills for transfers and fees for currency converting. Typically, transactions may take up to 7 banking days, but in most cases, sending and receiving finances takes up to 1-2 days. But the main advantage of this service is that e-wallets are easy to use and acceptable across the globe. A sugar daddy that uses this cash app has a wide selection of ways to pay for a pleasant time with a gorgeous lady. Let’s check the advantages and disadvantages.

Pros
  • Convenient.
  • Instant.
  • E-mail address instead of card-numbers
Cons
  • Electronic record of every transaction is not an anonymous option.
  • Not the safest way, though.

Prepaid debit cards

  • Anonymous: no
  • Untraceable: no
  • Mobile compatible: yes
  • Fast: depends

Prepaid debit cards are another effective way to execute money transfers when you use sugar dating platforms. It’s actually one of the most convenient payment methods for wealthy men, but it’s not as common in the sugar dating scene. Here’s how it works: a rich sugar daddy opens a separate current account in his name, gives a card of this account to his sugar baby, and deposits money into it. 

For a sugar lady, it’s probably the safest way to receive money from a sugar daddy. These cards allow transactions via bank deposits, ATMs, and transfers. This method is absolutely safe and convenient if a sugar daddy has no-strings-attached dates with the same sugar lady. Prepaid cards also help to control your expenses not to overpay in case you have limited financial opportunities. You may set a limit for payments not to spend more than you’ve planned. Another great thing here is that you mustn’t complete the credit check. All the fees regarding withdrawing cash or making purchases by a sugar baby depend on the bank you choose.

So, here are some flaws and benefits of pre-debit cards:

Pros
  • You can use these cards anytime and everywhere
  • The majority of places accept these cards
  • You may use them as credit and debit cards
Cons
  • Losing it may bring you a lot of trouble.
  • The need to store the card info somewhere to be able to return your money in case of loss.

It’s one of the most popular sugar daddy apps that send money without meeting. However, this method requires a certain level of trust between sugar partners. When you don’t want to share your personal details with a sugar baby or explain why you need a second account to your bank, this option isn’t for you. 

Cryptocurrency

  • Anonymous: yes
  • Untraceable: yes
  • Mobile compatible: yes
  • Fast: not really

Crypto values become more and more popular among well-off men. Almost everyone finds this payment method anonymous and convenient. Many sugar daddies consider cryptocurrency to be one of the most suitable ways to pay sugar babies for meetings that allow staying anonymous. You shouldn’t provide your real name, phone number, or wallet. A bitcoin can’t be reversed, which, in its turn, guarantees a sugar girl that she’ll get her cash.

The only disadvantage is that most sites created for seeking sugar connections with no strings attached don’t accept crypto payments. This method can be good if you’d like to send an allowance to a sugar baby directly, but if you want to pay through the platform, probably, you won’t be able to use your crypto wallet. This currency isn’t the most reliable option for both parties, but some men prefer it if they want to keep anonymity. 

Pros
  • Now that’s truly the most anonymous way.
  • Minimal risks of theft or loss.
  • Easy to transact.
Cons
  • If you’re all at sea in how to handle, use, and convert the crypto—that’s a headache.
  • The exchange rate has its ups and downs: tomorrow, its value allows you to buy a penthouse, and the next day you have one zero instead of four.

Bills

  • Anonymous: yes
  • Untraceable: yes
  • Mobile compatible: mostly
  • Fast: yes

This option isn’t provided on sugar platforms as a payment method, but you can use it to pay for the lady’s needs to please her. You may set an agreement and pay her bills, rent, or education. For a financially stable sugar daddy, it isn’t a problem. 

This way requires a certain trust level from a sugar baby because she would share details about her real address or university. If your partner doesn’t mind giving you such private information, this payment method can be quite convenient. In other cases, some sugar babies prefer getting their money in the form of cash and paying their bills in their name.

Pros
  • Just an amazing option to help your baby with your life expenses.
  • The easiest way, no need to worry about anonymity.
Cons
  • Limited control for a baby.
  • May not be a worry-free option.

What is the safest way to receive money from a sugar daddy?

Google Wallet

  • Anonymous: no
  • Untraceable: no
  • Mobile compatible: yes
  • Fast: yes

Google Wallet is a quick and secure method of obtaining money from your sugar daddy, offered by LuxuryDate for your convenience. Google Wallet won’t require you to provide any information, just your e-mail address. The transaction goes immediately and you can be sure of the reliability of this method.

Pros
  • Truly, one of the most convenient sugar daddy apps that send money.
  • No personal info needed—just your e-mail.
  • Immediate transactions.
  • High security.
  • No fees.
Cons
  • You can’t call it anonymous.

Bank deposit

  • Anonymous: no
  • Untraceable: no
  • Mobile compatible: yes
  • Fast: no

This is a fine way if you prefer sugar daddy apps that send money without meeting.

A sugar daddy might put money directly into your bank account. However, before handing over your account number or any other personal data or information, you should first establish a relationship of faith and dependence with him. 

This is an easy way to receive money, and you don’t have to go to the bank every time you want to make a deposit. However, it might be dangerous if you do not trust him or if you do trust him but are just starting to know him (sugar daddy). Tax difficulties may arise from bank deposits as well.

Pros
  • Reliable, highly safe method.
Cons
  • Not anonymous.
  • Tax difficulties.
  • Requires an ocean of mutual trust.

Cash

  • Anonymous: yes
  • Untraceable: yes
  • Mobile compatible: no
  • Fast: depends

That’s just it. Cash can be sent by mail or shared throughout the personal meeting. This is the easiest way, it doesn’t require any fees to be covered and, yes, you can call it anonymous—no transactions, no digital information about it to store. However, this way also requires mutual trust. That’s funny to say but, what if those bucks are fake?

Pros
  • The most anonymous way to receive sugar daddy money.
  • No fees, no taxes.
Cons
  • Not convenient for online shopping
  • Also requires mutual trust.
  • Can be stolen.

Zelle

  • Anonymous: no
  • Untraceable: no
  • Mobile compatible: yes
  • Fast: utterly

Zelle is a convenient and highly popular application for quick money transactions. Users appreciate Zelle for its high mobile compatibility (iOS and Android), only e-mail is needed to send money, and its amazing integration with other banking apps. 

If you trust your sugar partner, Zelle is a nice equivalent to Google Wallet. It integrates with other banking apps, which makes Zelle even more convenient than PayPal and Payoneer.

Pros
  • Instant and convenient if you want your sugar daddy to send money now.
  • Compatible with iOS and Android.
  • Integrates with other banks.
  • No fees.
Cons
  • Not anonymous.
  • Payment limits.
  • Only US bank accounts.
  • No fraud protection.

A bit about fees and taxes for sugar daddies and babies

Sugar babies, using free sugar daddy apps that send money without meeting, and being afraid of taxes can calm down—dealing with taxes and laws won’t be entirely their concern.

However, a sugar daddy (or a sugar momma) should understand how exactly they can reward their babies while adhering to the country’s regulations.

Limits on gifts: for Daddies

The way you’re sending any incentives to your babies is not important: using e-wallets or doing it through the sugar daddy websites and platforms that send money—if you’re doing it in the USA, be prepared to report money gifts that exceed $15,000 per year.

Bank reports: for Babies

You’ve found a sugar daddy app that pays you, and, lucky you, a daddy sends you decent gifts that exceed $10,000. Be careful handling it! If a sugar baby’s total cash deposits in a week are less than $10,000, she is unlikely to be reported and should have no trouble depositing the money at a bank.

However, US banks, in particular, are required to file a report for each cash deposit over $10,000. Although sugar dating is not illegal, this report may prompt an investigation.

In this situation, you can use “structuring”, the process of dividing a deposit of more than $10,000 into smaller sums in order to evade reporting.

Almost every lady who opens a world of mutually beneficial connections wonders, how can a sugar daddy send me money now? Luckily, there are numerous payment methods today which don’t require meeting in person. Most of them allow you to proceed with transactions in several clicks, so a sugar baby doesn’t need to wait for weeks and think how sugar daddy can send me money. Just choose the most preferred option, discuss it, and enjoy fascinating meetings with the best partners!

Mike Scott
Editor
Mike's motto is readability matters the most, and he transmits it to the online sugar dating business. On the part of justsugardaddy.com editor, he makes the articles of his colleagues refined and easy-to-reading. This is done with care of the platform's users and desire to keep you interested. Hope you'll evaluate his contribution!

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