Greetings!
I am very new at the online adult entertainment industry and I'm a new member here at offshorecorptalk. Very glad I found this forum looking to learn from everyone here.
I am currently building a P**N website like a Cam site. After some light reading I think I want to incoporate with a wyoming LLC and use paxum to temporarily store funds and pay my content creators. However, I am struggling to find a cc payment processor that's reputable and charges an rate that's acceptable for my business model.
I looked up verotel and CC bill, both of them start at rougly 15%. As I am trying to create a high payout for models 15% will eat up my entire profit margin. How should I approach this issue? Should I start with serveral less reputable payment processors to test out? I understand if there's no marginal cost for selling the content 15% is managable, but if i'm paying out 80% of the revenue 15% fee simply won't work.
I want to thank everyone here for taking the time to understand my situation, and would appreciate any help and pointers you can give me.
Thanks.
I am very new at the online adult entertainment industry and I'm a new member here at offshorecorptalk. Very glad I found this forum looking to learn from everyone here.
I am currently building a P**N website like a Cam site. After some light reading I think I want to incoporate with a wyoming LLC and use paxum to temporarily store funds and pay my content creators. However, I am struggling to find a cc payment processor that's reputable and charges an rate that's acceptable for my business model.
I looked up verotel and CC bill, both of them start at rougly 15%. As I am trying to create a high payout for models 15% will eat up my entire profit margin. How should I approach this issue? Should I start with serveral less reputable payment processors to test out? I understand if there's no marginal cost for selling the content 15% is managable, but if i'm paying out 80% of the revenue 15% fee simply won't work.
I want to thank everyone here for taking the time to understand my situation, and would appreciate any help and pointers you can give me.
Thanks.