Capitaller — User Guide

What is Capitaller

Capitaller is a collective wallet-management service on the PayMoney platform. It lets a group of people — business partners, a project team, investors — jointly own a shared account and run it by transparent rules: money is distributed automatically, key decisions are made by weighted voting, and profit is paid out as dividends.

The core concept is the Budget Automat (BA) — a self-contained "organisation" account with its own wallets: it can receive payments, pay invoices and act as a merchant. It is operated by an administrator and controlled by the shareholders of its management fund.

Participants and Roles

• Initiator — the person who created the BA. Requires an approved identity verification (KYC).
• Administrator — runs day-to-day operations: payments from expense wallets, staff, reports. The shareholders confirm the administrator's authority by vote once a year.
• Staff — employees granted access by the administrator to BA sections (14 sections, each with 3 levels: no access / read only / full access).
• Shareholders — hold shares of the management fund. They vote in proportion to their shares, receive dividends, and freely sell or transfer shares.

How to Create a Budget Automat

Dashboard → Capitaller → Create Budget Automat. Requirements: a verified (KYC-approved) account and no more than one active BA per user.

Two registration modes:

1. Full — with a management fund: you set the number of shares, the nominal (at least 1) and the fund currency. After registration you have 30 days for the fund to be bought out: the first 25% of shares is automatically listed at nominal price; the rest goes on sale once the first tranche is sold. Whatever remains unsold by the deadline is destroyed (the fund shrinks); if nothing was bought at all, the registration is annulled.
2. Simplified — for sole management: a fund of a single share that is immediately yours, every decision applies instantly, and income flows straight to the expense wallet. You can expand the BA later through the fund-increase procedure.

Three founding documents are generated automatically at registration: the Participants Agreement, the BA Charter and the Founding Declaration (with your business plan). They are available on the automat's "Documents" page and publicly on the exchange.

Wallets and Income Distribution

Every BA has five types of wallets:

• Income wallets — receive money from outside. They cannot be spent from directly.
• Expenses, Staff Payments and Additional wallets — managed by the administrator.
• Management Fund — the shareholders' money; any payment from it requires a vote.

The key rule: every incoming payment on an income wallet is distributed automatically according to the scheme. The default scheme is 30% to expenses, 50% to staff, 20% to the management fund — the initiator sets their own at creation. Once the fund is formed, the scheme can only be changed by a 75% shareholder vote.

Also available: issuing and paying invoices, scheduled automatic payments (the "Planning" section), weekly public reports and custom administrator reports.

The Management Fund and Shares

Management fund = number of shares × nominal. A share is the accounting unit of participation: it grants voting power and a right to dividends in proportion to your holding. Proceeds from the primary sale of shares are credited to the management-fund wallet — this is the BA's starting capital.

Shares can be bought from open orders, sold (including privately to a specific user), gifted and transferred. Every movement is recorded in the registry; the history is visible in the cabinet and on the exchange.

The Shareholder Exchange

A dedicated portal — shares.paymoney.online. It hosts:

• The public registry — a catalogue of qualified BAs with requisites, documents, reports and dividend history;
• Primary placements — funds being formed, shares at nominal price;
• The order book of each BA — buying and selling shares between participants;
• My Portfolio — your shares, orders, offers addressed to you, accrued dividends and a fee-free withdrawal button.

To buy shares you need a wallet in the BA's fund currency and a verified email.

Voting

Your voting weight equals the number of shares you hold at the moment the vote closes. A decision passes when the quorum is met (more than 50% of all shares voted) and the required share of "for" votes is reached:

If one person holds 100% of the shares, their decisions execute instantly. Selling shares during a vote is allowed — the weight is recalculated at close.

Dividends

The administrator starts a "Dividend distribution" vote specifying an amount from the management-fund wallet. Once passed, the amount is distributed pro-rata to holdings onto the holders' internal dividend accounts. You can withdraw dividends to your own wallet at any time on the exchange under "My Portfolio" — free of charge.

Staff and Permissions

The administrator invites employees by email or username and configures each one's access matrix: Wallets, Invoices, Planning, Staff, Discussion, Company Data, Merchant, Notifications, API, Shares, Operations and more — "no access", "read only" or "full". A verified email is all an employee needs.

Increasing the Fund

By a 75% vote the fund can be multiplied by a whole number. Every shareholder automatically receives a proportional offer to buy the new shares at nominal within 30 days. Share trading is frozen for that period; unsold new shares are destroyed.

The Public Registry

A BA enters the public catalogue automatically when: its fund is at least 2,000 EUR, its average monthly income is at least 1/12 of the fund, it has a working website and an active status. The check runs daily; a BA that stops qualifying is removed from the catalogue (the BA itself keeps working — it is just not listed publicly).

Liquidation

Four paths: voluntary (by unanimous decision), automatic (no income for over 6 months or the administrator was not confirmed), by platform decision (for violations), and by administrator buyout (a >75% holding plus a vote). On liquidation, incoming payments are blocked, wallet remainders are distributed to shareholders pro-rata, and accrued dividends remain withdrawable. The procedure is irreversible.

Fees

• Transfers between wallets of the same BA — 0%;
• Withdrawing money out of a BA — 0.8%;
• Receiving and withdrawing dividends — 0%;
• Buying/selling shares — 0% (you pay only the share price).

FAQ

Can I create several BAs? No — one active BA per account (as initiator or administrator). You can hold shares of any number of other BAs.

What if the fund is not bought out in 30 days? The fund automatically shrinks to the amount actually sold and the BA starts working. If nothing was bought, the registration is annulled and buyers are refunded.

Can the administrator take the fund's money? No. Any payment from the management-fund wallet executes only automatically after a shareholder vote.

How do I exit a BA? Sell your shares on the exchange (by open or addressed order) or transfer them to another participant. Accrued dividends remain withdrawable.

Is a share a security? No. A share is an internal accounting unit of participation in collective wallet management under the PayMoney platform rules and the BA Participants Agreement.