JOHNNY DOETHE LIFE WHISPERER

What bank or EMI should I use for adult site?

cdawg436

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cdawg436New MemberAuthor
Joined
Sep 2020
Messages
18

#1

I'm US based and have an adult site coming out where we will need to pay out people who use our affiliate system and content creators. We're currently approved for CCBill and epoch to handle our payments. We will need to pay out the thousands of creators/users using the affiliate system all over the world very frequently. Any suggestions on what to use? Something like transferwise would be perfect if they allowed adult content. Currently the best EMI I've found is bitsafe but the fees are quite high. Maybe a bank is the best route and have a front website, but how long will that work? If we grow to a huge size they'll surely catch on?

NicolasMaduroRecognized Voice
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Mar 2020
Messages
595

#2

merkleberg said:

I'm US based and have an adult site coming out where we will need to pay out people who use our affiliate system and content creators. We're currently approved for CCBill and epoch to handle our payments. We will need to pay out the thousands of creators/users using the affiliate system all over the world very frequently. Any suggestions on what to use? Something like transferwise would be perfect if they allowed adult content. Currently the best EMI I've found is bitsafe but the fees are quite high. Maybe a bank is the best route and have a front website, but how long will that work? If we grow to a huge size they'll surely catch on?

Well the second CCBill pays out money to your TransferWise account, what do you think TransferWise will do?

cdawg436New MemberAuthor
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Sep 2020
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18

#3

NicolasMaduro said:

Well the second CCBill pays out money to your TransferWise account, what do you think TransferWise will do?

You're saying they will heavily suspect something is off if we have a front but are receiving payments from ccbill? You're right, didn't think of it that way.

NicolasMaduroRecognized Voice
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Mar 2020
Messages
595

#4

merkleberg said:

You're saying they will heavily suspect something is off if we have a front but are receiving payments from ccbill? You're right, didn't think of it that way.

Yes, and I think you will save yourself a lot of headaches by going with Bitsafe. Maybe pass on the fees to the creators, as like a payout fee. If you get big and succesful its should be easier for you to get cheaper solutions

DandylineActive Recruit
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Jun 2020
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465

#5

merkleberg said:

I'm US based and have an adult site coming out where we will need to pay out people who use our affiliate system and content creators. We're currently approved for CCBill and epoch to handle our payments. We will need to pay out the thousands of creators/users using the affiliate system all over the world very frequently. Any suggestions on what to use? Something like transferwise would be perfect if they allowed adult content. Currently the best EMI I've found is bitsafe but the fees are quite high. Maybe a bank is the best route and have a front website, but how long will that work? If we grow to a huge size they'll surely catch on?

Probably best to setup a simple affiliate network operation as a front.

cdawg436New MemberAuthor
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Sep 2020
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18

#6

Dandyline said:

Probably best to setup a simple affiliate network operation as a front.

I could set that up and get wired from ccbill > chase bank and then use chase > transferwise?

DandylineActive Recruit
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Jun 2020
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465

#7

merkleberg said:

I could set that up and get wired from ccbill > chase bank and then use chase > transferwise?

I guess you can pay your affiliates from chase

cdawg436New MemberAuthor
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Sep 2020
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18

#8

Dandyline said:

I guess you can pay your affiliates from chase

No I mean fund my transferwise account with chase instead of with ccbill so there's no suspicion. Chase is very expensive to use to pay overseas affiliates, they just offer free ach to USA

CaptKQuiet Authority
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May 2020
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2,127

#9

That's the biggest headache is the paying out.
You loose 5% on merchant, then another 1.5% in the transfer, then another 2% On exchange and Swift/SEPA fees.

cdawg436New MemberAuthor
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Sep 2020
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18

#10

CaptK said:

That's the biggest headache is the paying out.
You loose 5% on merchant, then another 1.5% in the transfer, then another 2% On exchange and Swift/SEPA fees.

I understand the fees just asking if you have any idea what bank/emi we can use?

CaptKQuiet Authority
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May 2020
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2,127

#11

I don't but you need to look at banks in the Netherlands, Germany and Luxembourg as they understand the Adult business well.
I will ask my clients that bank there who they use.

cdawg436New MemberAuthor
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Sep 2020
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18

#12

CaptK said:

I don't but you need to look at banks in the Netherlands, Germany and Luxembourg as they understand the Adult business well.
I will ask my clients that bank there who they use.

Is it possible to use a bank there being a US company with US based owners?

tacokaiFake user - Alias of JohnLocke
Joined
Sep 2020
Messages
638

#13

In the past it was payoneer but I wonder if there is any alternative to them? I mean, there are million of Adult webmasters there must be some company that took this challenge up??

cdawg436New MemberAuthor
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Sep 2020
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18

#14

tacokai said:

In the past it was payoneer but I wonder if there is any alternative to them? I mean, there are million of Adult webmasters there must be some company that took this challenge up??

I haven't been able to find anything. What happened to payoneer?

cdawg436New MemberAuthor
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Sep 2020
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18

#15

ukishore said:

hello , I am also from same industry . we can help , if interested plz write in person.

What is your email/discord/telegram?

LisaSimpsonActive Recruit
Joined
Dec 2016
Messages
141

#16

payoneer is not adult friendly.

merkleberg said:

I haven't been able to find anything. What happened to payoneer?

LisaSimpsonActive Recruit
Joined
Dec 2016
Messages
141

#17

Transferwise can't work for adult websites:
1608720941138.webp

LisaSimpsonActive Recruit
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Dec 2016
Messages
141

#18

The solution is bitsafe.com
It is a dutch based company. They officially accept money coming from adult websites and adult payment processors like verotel and ccbill.
Bitsafe - Protecting Your Identity Online

CodioNew Member
Joined
Dec 2020
Messages
17

#19

Where did you set up your company and which bank will you use @merkleberg ?

CodioNew Member
Joined
Dec 2020
Messages
17

#20

CaptK said:

I don't but you need to look at banks in the Netherlands, Germany and Luxembourg as they understand the Adult business well.
I will ask my clients that bank there who they use.

Hi CaptK, i'm also in the Adult Business and i'm looking for a solution company + bank account, i'm having troubles to find a bank who is open to the adult business. Do you have any recommendations? Thanks!

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