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-   -   Wire/ACH provider to pay out models? What do onlyfans and fancentro use? (https://gfy.com/showthread.php?t=1332389)

olivier69 08-19-2020 04:18 PM

Wire/ACH provider to pay out models? What do onlyfans and fancentro use?
 
We need to pay out models and are looking for a wire+ach solution that is adult friendly. Does anyone know what onlyfans and fancentro use?

yuu.design 08-19-2020 04:45 PM

Did you check TranferWise?

olivier69 08-19-2020 04:58 PM

Transferwise does not accept adult, do they? Last time we checked they didn’t.

EddyTheDog 08-19-2020 07:09 PM

If you are in Europe look at Monese - I have a personal and biz account...

ZENRA 08-20-2020 01:39 PM

Quote:

Originally Posted by olivier69 (Post 22720018)
Transferwise does not accept adult, do they? Last time we checked they didn’t.

Seconding this. They check and will shut you down if you're in our industry (though they have no problem running ads of people stripping: https://www.youtube.com/watch?v=5mPHZHkNGbQ).

There are other services like them that actually predate them and don't explicitly forbid adult in their ToS.

Klen 08-20-2020 01:45 PM

Revolut does not allow selling porn but b2b should be fine. They did not bothered me so far.

RuthB 08-20-2020 02:47 PM

Quote:

Originally Posted by olivier69 (Post 22720008)
We need to pay out models and are looking for a wire+ach solution that is adult friendly. Does anyone know what onlyfans and fancentro use?

Here at Paxum we can definitely help you with your global payments. P2P, Wire, ACH, EFT, external card withdraw. If you're an international (non-USA) business then you can access these options with a verified Paxum Business account.

If you have a USA business then we can offer you a Factoring account via Paxum, and you could use Paxum Bank for 3rd party Wire/ACH.

Paxum has been serving the adult industry's payments for over a decade. I'd be happy to discuss our services with you. My email is ruth /at/ paxum /dot/ com - My Telegram is PaxumRuth

fyi Onlyfans and Fancentro offer Paxum as a payment option, as do the majority of cam programs/platforms/studios and adult industry businesses.

NatalieK 08-21-2020 12:34 AM

Quote:

Originally Posted by olivier69 (Post 22720018)
Transferwise does not accept adult, do they? Last time we checked they didn’t.

correct, although if you were using it to pay direct for some content or a private transaction, i´d recommend it...



fyi, i think they use SEPA, I´m paid through SEPA with MC and FC direct banking

:2 cents:

BigFurry 08-21-2020 05:12 AM

Quote:

Originally Posted by Klen (Post 22720532)
Revolut does not allow selling porn but b2b should be fine. They did not bothered me so far.

I'm sure you can get away with doing a few transactions now and then, but if they start paying hundreds of models all around the world, they'd probably shut them down.

Klen 08-21-2020 05:45 AM

Quote:

Originally Posted by BigFurry (Post 22720828)
I'm sure you can get away with doing a few transactions now and then, but if they start paying hundreds of models all around the world, they'd probably shut them down.

Well depend, because with it you can send wires and sepa transfers as well, not just p2p transfers.
Revolut is actual bank compared to other e-wallet systems.

BigFurry 08-21-2020 07:29 AM

Quote:

Originally Posted by Klen (Post 22720834)
Well depend, because with it you can send wires and sepa transfers as well, not just p2p transfers.
Revolut is actual bank compared to other e-wallet systems.

I've read many stories of people being kicked out of Revolut for doing many international transfers. It seems like they're super afraid of getting in trouble with the financial authorities, and actually have stricter AML procedures than regular banks.

But it's possible that they're not that strict when it comes to business accounts.

Klen 08-21-2020 07:48 AM

Quote:

Originally Posted by BigFurry (Post 22720857)
I've read many stories of people being kicked out of Revolut for doing many international transfers. It seems like they're super afraid of getting in trouble with the financial authorities, and actually have stricter AML procedures than regular banks.

But it's possible that they're not that strict when it comes to business accounts.

They charging monthly fee if you do a lot of transfers, so yes rules could be easier for bussiness accounts. Tho , i am currently on 0$ plan as i dont do transactions there any-more.

Screwed Up 08-23-2020 09:22 AM

Quote:

Originally Posted by Klen (Post 22720873)
They charging monthly fee if you do a lot of transfers, so yes rules could be easier for bussiness accounts. Tho , i am currently on 0$ plan as i dont do transactions there any-more.

Revolut are a bunch of amateurs.

They declined an incoming third party transfer sending it back to the original bank. The original bank declined the return which was sent back to Revolut. Revolut declined it again, going back like this in a circle who knows how many times.
Two months later they finally accepted it minus a total of $500 in bank fees. Not our fault, they say. :2 cents:


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