What bank or EMI should I use for adult site?

[cdawg436]

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?

 

[NicolasMaduro]

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?

 

[cdawg436]

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.

 

[NicolasMaduro]

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

 

[Dandyline]

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.

 

[cdawg436]

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?

 

[Dandyline]

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

 

[cdawg436]

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

 

[CaptK]

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.

 

[cdawg436]

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?

 

[CaptK]

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.

 

[cdawg436]

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?

 

[tacokai]

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??

 

[cdawg436]

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?

 

[cdawg436]

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

What is your email/discord/telegram?

 

[LisaSimpson]

payoneer is not adult friendly.

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

 

[LisaSimpson]

Transferwise can't work for adult websites:

 

[LisaSimpson]

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

 

[Codio]

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

 

[Codio]

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!