Quote:
Originally Posted by ice123
How can OnlyFans, ManyVids and other platforms payout 80% and still make a profit? If you look at most adult payment processors they seem to charge around 15% fees and on top of that, they have a rolling reserve of 5% to 10%. Where's the profit for the platform? are they getting much lower rates than advertised or am I mssing something? I can understand maybe huge platforms getting better rates but even new ones seem to be able to payout at least 80%.
Also, how can platforms make payouts without applying banking fees? International payments are expensive, wires can cost $20 or $30, even other payment methods have fees. So, what's the secret to covering all these costs?
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These guys will have their own merchant account, same as we do so you dont need to use 3rd party billers like ccbill etc. and your rates are more like 5% rather than 15%
So long as your turnover is a minimum of around $10k a month then theres plenty of aquiring banks that will deal with you direct