3 ms·
My experience in both digital payments and the adult space is that this line of reasoning (high risk + fraud) is outdated. The myth that adult payments are high
by ianhawes 7y ago
My experience in both digital payments and the adult space is that this line of reasoning (high risk + fraud) is outdated. The myth that adult payments are higher risk is perpetuated by those certain PSPs (CCBill, et al) that process adult payments for 15-20%, require 4% reserves, and have very high setup fees.
I would love to see an adult version of Stripe to help innovate payments in the adult industry. Paging @pc???
- spookthesunset 7y agoI’d be curious to see that backed up. Having worked in the industry at one time, all I can say is there is a good reason merchant accounts are super expensive for porn sites. All the players in the game are pretty sketch.