View Full Version : The BoleynModels/InstantPay Thread
ClassyCara
09-28-2022, 11:15 AM
Is it possible to be released from BM just with streamate? Would I have to wait a certain time period before I'd be able to stream again?
xxxGothBarbie
09-28-2022, 11:20 AM
Is it possible to be released from BM just with streamate? Would I have to wait a certain time period before I'd be able to stream again?
I'm thinking the same thing actually.
MolzBaby
09-28-2022, 11:27 AM
Has anyone tried to transfer money to their US bank with Cosmo Pay yet and know the time frame? Is it less than 7 business days?
Hoetales
09-28-2022, 11:29 AM
If you didn’t have an independent sm account to began with, meaning you opened your sm account through Boleyn instead of transferring over. You’ll have to start over with a fresh account, wait to be verified again, and then wait the 21 days for your payment. The liz team has confirmed this, I’ve asked already.
Hoetales
09-28-2022, 11:35 AM
As US models, what’s everyone planning to do as far as payment? All of the options so far seem to work a little smoother for out of the country models. I know cosmo is an option but, I cannot/don’t want to pay a lot in fees on top of the 5%, not will bills are due. Katy, I know this is a case by case thing, but would you advise for us to just hang in there until we have more information about mass pay? Is mass paddy offering instant/daily payments?
KatyBoleyn
09-28-2022, 11:46 AM
As US models, what’s everyone planning to do as far as payment? All of the options so far seem to work a little smoother for out of the country models. I know cosmo is an option but, I cannot/don’t want to pay a lot in fees on top of the 5%, not will bills are due. Katy, I know this is a case by case thing, but would you advise for us to just hang in there until we have more information about mass pay? Is mass paddy offering instant/daily payments?
The sales pitch is that they have Next day ACH, Same day ACH, and Instant deposits. We obviously don't have time to test it, but we also haven't seen any issues crop up from companies that use them in our research. We'll adjust our minimums according to their pricing. From what we understand, models will not need an account with them for ACH. They may need an account (via invite from us) for instant deposits.
VioletH
09-28-2022, 11:56 AM
So funny, I'm switching to masspay on F4F over fear of "vs media" getting recognized and getting my bank account closed. So masspay for me it is! Also their fees for instant deposit look low:)
ClassyCara
09-28-2022, 12:28 PM
If you didn’t have an independent sm account to began with, meaning you opened your sm account through Boleyn instead of transferring over. You’ll have to start over with a fresh account, wait to be verified again, and then wait the 21 days for your payment. The liz team has confirmed this, I’ve asked already.
I had an account before joining BM, so I'm not sure what difference that makes.
Hoetales
09-28-2022, 12:43 PM
If you had an independent account before, and you received bank deposits straight from streamate, they can reinstate your old account and you can switch the payment back to ach without having to wait the 21 day delay.
I had an account before joining BM, so I'm not sure what difference that makes.
MelanieJ
09-28-2022, 01:03 PM
With everything going on, I'm extremely overwhelmed.
Can someone assist me with signing up for Cosmo, please? I don't want to do anything wrong, and I'm not seeing clear direction on how to do this with Boleyn Models.
KatyBoleyn
09-28-2022, 01:17 PM
With everything going on, I'm extremely overwhelmed.
Can someone assist me with signing up for Cosmo, please? I don't want to do anything wrong, and I'm not seeing clear direction on how to do this with Boleyn Models.
Contact either BoleynModels or Katy.boleyn on Skype, we can walk you through it.
PrincessPlump
09-28-2022, 01:23 PM
So i lost my wallet that had my banking information so i had to make a new bank (this when right when you guys stopped ach and switched to veem). I was told my bank information wasn't updated in the system because you had stopped using that service (i believe i was the very first one or ones to sign up to veem). Will my new bank information be updated? In the ach information it shows my new bank info but is it updated on your end?
KatyBoleyn
09-28-2022, 01:27 PM
So i lost my wallet that had my banking information so i had to make a new bank (this when right when you guys stopped ach and switched to veem). I was told my bank information wasn't updated in the system because you had stopped using that service (i believe i was the very first one or ones to sign up to veem). Will my new bank information be updated? In the ach information it shows my new bank info but is it updated on your end?
When the time comes (looking like Friday or Monday), we'll do a database pull of everyone that A) We owe money AND B) They have ACH information sitting there in our system as a payout method. This will be loaded immediately into the new system.
At the same time, we'll make the announcement and anyone that had switched to other payment methods can switch back and we'll load them also. We'll probably be spending several days doing this continuously, then we'll do it regularly at each payout time.
freya_jade_
09-28-2022, 01:42 PM
Woohoo, I just added my cosmopay account to boleyn yesterday, got paid today, and the money is already in my cosmopay account! I am just going to pay my bills online directly from that account to not worry about the bank transfer time. I'm liking cosmo so far!
Coolbeans
09-28-2022, 01:50 PM
Woohoo, I just added my cosmopay account to boleyn yesterday, got paid today, and the money is already in my cosmopay account! I am just going to pay my bills online directly from that account to not worry about the bank transfer time. I'm liking cosmo so far!
That’s great!!! Okay Cosmo me next lettsss gooo lol
laurielegs
09-28-2022, 01:59 PM
When the time comes (looking like Friday or Monday), we'll do a database pull of everyone that A) We owe money AND B) They have ACH information sitting there in our system as a payout method. This will be loaded immediately into the new system.
At the same time, we'll make the announcement and anyone that had switched to other payment methods can switch back and we'll load them also. We'll probably be spending several days doing this continuously, then we'll do it regularly at each payout time.
For those of us in the U.S. who have gotten ACH in the past and already have our same bank accounts in Boleynmodel's system, will our banks have to be reverified? (first ACH deposit takes longer from what I remember if not verified).
I'd rather not pay the extra fees but if it's going to be an extra week or so maybe Cosmopay would be best for a temporary solution?
VioletH
09-28-2022, 02:02 PM
For those of us in the U.S. who have gotten ACH in the past and already have our same bank accounts in Boleynmodel's system, will our banks have to be reverified? (first ACH deposit takes longer from what I remember if not verified).
I'd rather not pay the extra fees but if it's going to be an extra week or so maybe Cosmopay would be best for a temporary solution?
Curious about this too. I switched my ach info from WF to Cap1, though I'm not sure how friendly Cap1 is either... Though if I get a masspay account I might just use that with the instant deposit feature.
KatyBoleyn
09-28-2022, 02:09 PM
For those of us in the U.S. who have gotten ACH in the past and already have our same bank accounts in Boleynmodel's system, will our banks have to be reverified? (first ACH deposit takes longer from what I remember if not verified).
I'd rather not pay the extra fees but if it's going to be an extra week or so maybe Cosmopay would be best for a temporary solution?
It really depends, but it is likely.
The ACH requires a mandatory 3-day wait time on the first deposit between two institutions for an account. Some banks break or bend the rules a bit to get around it, but most enforce it arbitrarily even if they don't need to. On the bank end, the ACH organization gives stiff penalties for failed transactions for those that cheat the system. That's why you also end up with odd-duck things happening sometimes where the first deposit takes three days, but a deposit made the next day shows up BEFORE the first one.
redvelvette
09-28-2022, 02:31 PM
OK...how the hell are we supposed to show the back/front of ID in one pic for cosmo?? I can edi in photoshop and that's the only way to do it. Anyone have any other ideas or experience with this requirement? thanks
On the second round of uploads they’re more clear about this. It says if all your information is on the front that’s all you need to show, but if something like your address is printed on the back then you have to show both.
redvelvette
09-28-2022, 02:47 PM
What’s all this about masspay? Is this for US models too? My Bitsafe account was completely verified and ready to go today but I guess it’s not recommended for us models.
EDIT: oh, nevermind about massspay. I just saw my dashboard announcement.
KatyBoleyn
09-28-2022, 03:02 PM
What’s all this about masspay? Is this for US models too? My Bitsafe account was completely verified and ready to go today but I guess it’s not recommended for us models.
EDIT: oh, nevermind about massspay. I just saw my dashboard announcement.
We're going to sound like idiots asking this, but for your Bitsafe account were you able to create it directly in US dollars? We had issues in tests where it would only let users make Euro accounts. This is why we didn't recommend it to US models or anyone outside Europe, as you'd get double-dipped on currency conversion trying to do anything.
redvelvette
09-28-2022, 03:19 PM
We're going to sound like idiots asking this, but for your Bitsafe account were you able to create it directly in US dollars? We had issues in tests where it would only let users make Euro accounts. This is why we didn't recommend it to US models or anyone outside Europe, as you'd get double-dipped on currency conversion trying to do anything.
It says Available Funds 0.00 USD. When I click view details it says Secured as 0.00 EUR. Not sure what that means, but that's all I know.
No, scratch that, when I go into my account details on the website everything is listed in Euros, so it must mean they convert it to USD for us, and I don't know what the exchange rate is.
VioletH
09-28-2022, 03:28 PM
On the price chart it makes it seem like a flat 5 Euro rate to send your balance to a US bank or get a check in the US, but I'm just as lost about the whole thing haha
Coolbeans
09-28-2022, 03:32 PM
We're going to sound like idiots asking this, but for your Bitsafe account were you able to create it directly in US dollars? We had issues in tests where it would only let users make Euro accounts. This is why we didn't recommend it to US models or anyone outside Europe, as you'd get double-dipped on currency conversion trying to do anything.
I emailed them about this yesterday and got this response:
Thanks for your email.
USD payments can be sent directly to your Bitsafe account.
Incoming and outgoing transactions are displayed in the currency of that transaction. Please note that all these transactions are also converted to euro currency and that this conversion prevails.
The actual funds are secured in euro at the European Central Bank. Therefore all Bitsafe’s charges are charged in euro currency.
A Bitsafe Talent Account is a hybrid version of a true multi-currency account and an account with a single currency.
Please be advised that if any currency conversion happens such conversion to the applicable currency will be against Bitsafe Talent Account low market rates determined by Bitsafe Payments.
Best Regards,
Bitsafe Support
naughtybabe1
09-28-2022, 06:08 PM
im still waitimg on cosmo pay approval but i just found out another intesresting fact. I belong to a well known midwest credit union. I am a BM model and am waiting for a new payment method. I told the bank of my current non payment and they told me I had 2000.00 on my checihing profile with only 1 33.00 overdraft protection fee. So basicaly..I have 2500.00 on my debit card with each payment over that limit. I had NO idea! So toady I went to the grocory store and got gas for hte NEXT 2 WEEKS while I cam at home waiting for BM to output a new payment method. I consider myself really lucky. I'm happy to pay the 72 dollars I earned in overdraft fees while waiting for my payment. I encourage US ladies to use a local credit union'
xxxGothBarbie
09-28-2022, 08:44 PM
I'm most likely gonna wait until I hear from Katy about the new payment option before working on SM again. I don't like the idea of having to put all my info out there to all these places that may or may not shut down on us.
If I do sign up for Cosmo pay, can I transfer funds from that over to my bank account or does it have to be used on an E card type thing?
ClassyCara
09-28-2022, 09:43 PM
I'm most likely gonna wait until I hear from Katy about the new payment option before working on SM again. I don't like the idea of having to put all my info out there to all these places that may or may not shut down on us.
If I do sign up for Cosmo pay, can I transfer funds from that over to my bank account or does it have to be used on an E card type thing?
From what I know, that is an option. But I'm still waiting to hear back from them after submitting my application. It's been more than 24hrs so I'm assuming I wasn't approved, or at the least didn't give enough/the right info.
I'm considering taking a break for SM too until it's all sorted. Which has me rethinking everything!!!
Cutie101
09-28-2022, 10:43 PM
I'm most likely gonna wait until I hear from Katy about the new payment option before working on SM again. I don't like the idea of having to put all my info out there to all these places that may or may not shut down on us.
If I do sign up for Cosmo pay, can I transfer funds from that over to my bank account or does it have to be used on an E card type thing?
You can transfer money to your bank account, yes. Cosmo also has a Mastercard physical card. I use it to pay everything with it at any kind of physical store/ gas station/ hotel that accepts Mastercard. You can also withdraw cash from the ATM with it.
Just make sure you don't keep too much money in the account, in case of a bad surprise with those payment processors. If you plan to pay with the cosmo card, keep a small amount there for shopping and transfer the rest to your bank account or withdraw from the ATM.
TheBrownFox
09-28-2022, 10:57 PM
I'm most likely gonna wait until I hear from Katy about the new payment option before working on SM again. I don't like the idea of having to put all my info out there to all these places that may or may not shut down on us.
This is how I feel. I've always been an ACH/direct deposit girl (or Payoneer debit card, when that was the popular thing on here back in the day), and am not interested in familiarizing myself with a different payment method yet again.
NYMami
09-29-2022, 07:19 AM
im still waitimg on cosmo pay approval but i just found out another intesresting fact. I belong to a well known midwest credit union. I am a BM model and am waiting for a new payment method. I told the bank of my current non payment and they told me I had 2000.00 on my checihing profile with only 1 33.00 overdraft protection fee. So basicaly..I have 2500.00 on my debit card with each payment over that limit. I had NO idea! So toady I went to the grocory store and got gas for hte NEXT 2 WEEKS while I cam at home waiting for BM to output a new payment method. I consider myself really lucky. I'm happy to pay the 72 dollars I earned in overdraft fees while waiting for my payment. I encourage US ladies to use a local credit union'
Can you explain why? I’ve never used a credit union and if it’s safer to get my money that way then I’ll gladly sign up with one.
misspandora
09-29-2022, 07:33 AM
From what I know, that is an option. But I'm still waiting to hear back from them after submitting my application. It's been more than 24hrs so I'm assuming I wasn't approved, or at the least didn't give enough/the right info.
I'm considering taking a break for SM too until it's all sorted. Which has me rethinking everything!!!
In my case, they took almost a week to approve me. But once approved, the money did go into my bank account (along with a hefty fee taken out ugh)
misspandora
09-29-2022, 07:34 AM
I'm most likely gonna wait until I hear from Katy about the new payment option before working on SM again. ?
I can't afford to not cam, but I'm looking into other sites now, like Flirt4Free. I have dormant Chaturbate and Cam4 accounts.
redvelvette
09-29-2022, 07:43 AM
In my case, they took almost a week to approve me. But once approved, the money did go into my bank account (along with a hefty fee taken out ugh)
Are you North American? Do you remember how long it took for the bank transfer? On the site it says 1-3 days, but I hear models saying they expect 7 days, so maybe it's longer outside of Europe?
naughtybabe1
09-29-2022, 10:18 AM
im still waiting for my cosmo approval. it's going on 48 hours....
laurielegs
09-29-2022, 10:21 AM
In my case, they took almost a week to approve me. But once approved, the money did go into my bank account (along with a hefty fee taken out ugh)
Oh damn I hope it doesn't take a week for mine. I applied yesterday and heard nothing so far. I bet they are getting slammed with applications today.
passionflower
09-29-2022, 10:22 AM
im still waiting for my cosmo approval. it's going on 48 hours....
Been about 48 hours for me too. Even checking my spam folder - nothing.
Esixxx
09-29-2022, 10:28 AM
Been about 48 hours for me too. Even checking my spam folder - nothing.
Ultimately- I am holding out for ACH, but I signed up for Cosmo just in case- it's been about the same time frame as both of you- and I've haven't heard anything from them.
KatyBoleyn
09-29-2022, 10:44 AM
Oh damn I hope it doesn't take a week for mine. I applied yesterday and heard nothing so far. I bet they are getting slammed with applications today.
They're also watching this thread intently, hi guys :)
But yes, they are getting slammed with applications and are working hard. We are very thankful they're helping mitigate this situation.
That being said, it still takes time for funds to get there but they are working with us to keep the account loaded. We haven't had to cap payments yet, but it could be a possibility.
---
Update on Masspay - We are fully approved. We had to make some additions to our Terms of Service, and those will be posted shortly. Nothing radical, just boilerplate stuff on restricted activities that mirror the terms on websites you already work on.
Today we'll keep working on technical details of how to get everyone going. On the table is:
1) ACH (to include TW and cross-border) - You will NOT need to make another account anywhere. We'll pay directly to your ACH details, and it goes automatically. We cover any associated fees and ACH payments will be sent with the highest speed available.
2) Instant Payment - They have an Instant Payment option similar to Veem for US models. You will need to make an account with them by invite from us, some models already have one from other websites. We're inquiring on how the fees will be assessed and who can pay them. Hopefully there's some flexibility there.
We're still on track to make payments Tuesday at the latest. I'll update if this changes.
babysback
09-29-2022, 10:59 AM
I signed up with Paxum yesterday with relatively few issues, they had everything approved in probably less than two hours - have received and withdrawn my first payment since then, just waiting for it to hit my bank account x
NYMami
09-29-2022, 11:48 AM
Ultimately- I am holding out for ACH, but I signed up for Cosmo just in case- it's been about the same time frame as both of you- and I've haven't heard anything from them.
I also haven’t heard anything from Cosmo yet either. They were quick with accepting my initial application. That was on Tuesday in the evening. I submitted the other two documents they needed on Tuesday the very second I got the email saying my application was approved. I’m hoping by tomorrow that my account will be good to go to accept payments.
NYMami
09-29-2022, 11:50 AM
They're also watching this thread intently, hi guys :)
But yes, they are getting slammed with applications and are working hard. We are very thankful they're helping mitigate this situation.
That being said, it still takes time for funds to get there but they are working with us to keep the account loaded. We haven't had to cap payments yet, but it could be a possibility.
---
Update on Masspay - We are fully approved. We had to make some additions to our Terms of Service, and those will be posted shortly. Nothing radical, just boilerplate stuff on restricted activities that mirror the terms on websites you already work on.
Today we'll keep working on technical details of how to get everyone going. On the table is:
1) ACH (to include TW and cross-border) - You will NOT need to make another account anywhere. We'll pay directly to your ACH details, and it goes automatically. We cover any associated fees and ACH payments will be sent with the highest speed available.
2) Instant Payment - They have an Instant Payment option similar to Veem for US models. You will need to make an account with them by invite from us, some models already have one from other websites. We're inquiring on how the fees will be assessed and who can pay them. Hopefully there's some flexibility there.
We're still on track to make payments Tuesday at the latest. I'll update if this changes.
This is great news. Thank you! Even if it’s on Tuesday the latest I’ll have enough time to cover my bills and it won’t be too late. Just by a few days, thankfully. Though I’d rather Cosmo be up and running by tomorrow or Monday, so I can use their virtual CC for bills.
xxxGothBarbie
09-29-2022, 12:37 PM
So Katy, I just send in a ticket to BM and you guys will send the link for sign up? I'm already signed up with you guys for ACH (direct deposit) so is there anything else I need to do?
MelanieJ
09-29-2022, 12:46 PM
I'm a little confused so are we able to select an option to do ACH with BM?
redvelvette
09-29-2022, 12:50 PM
I also haven’t heard anything from Cosmo yet either. They were quick with accepting my initial application. That was on Tuesday in the evening. I submitted the other two documents they needed on Tuesday the very second I got the email saying my application was approved. I’m hoping by tomorrow that my account will be good to go to accept payments.
You can already accept payments. As soon as your first documents are approved you should be able to log into the website and you'll have a virtual cc number an BM can send money there. You just can't withdraw it or transfer it out. BM payments are pretty much instant once you switch over on their site. I've paid 3 bills already with the virtual cc and I haven't had my second set of documents confirmed yet.
KatyBoleyn
09-29-2022, 12:58 PM
I'm a little confused so are we able to select an option to do ACH with BM?
We'll announce what needs to be done. If you don't mind waiting, it is helpful to us to have your payment method set to ACH with us and ensure your bank details are current.
Masspay web engineers are currently building and customizing their interface to suit what we need. It's out of our hands at least for a day or so.
We'll keep everyone posted with further progress.
seashell
09-29-2022, 01:05 PM
Really glad to see everything coming along!
I was planning to open a Cosmo account and get back to working here again. But having ACH in the near future is a huge relief.
Coolbeans
09-29-2022, 01:07 PM
I signed up with Paxum yesterday with relatively few issues, they had everything approved in probably less than two hours - have received and withdrawn my first payment since then, just waiting for it to hit my bank account x
US can use this too?
MelanieJ
09-29-2022, 01:36 PM
We'll announce what needs to be done. If you don't mind waiting, it is helpful to us to have your payment method set to ACH with us and ensure your bank details are current.
Masspay web engineers are currently building and customizing their interface to suit what we need. It's out of our hands at least for a day or so.
We'll keep everyone posted with further progress.
Thank you for clarifying. I hope this can be resolved in the next week or less, if not, I'd need to have another option. Is there no way to give a possible turnaround time so we can make an informed decision?
I was going to sign up for Cosmo, but if you say to wait, I'll be patient I suppose.
naughtybabe1
09-29-2022, 01:39 PM
We'll announce what needs to be done. If you don't mind waiting, it is helpful to us to have your payment method set to ACH with us and ensure your bank details are current.
Masspay web engineers are currently building and customizing their interface to suit what we need. It's out of our hands at least for a day or so.
We'll keep everyone posted with further progress.
Ok this works for me! I just need payment by next Thursday to meet some obligations. I'm still going with Cosmo and keep the account as a 2nd option which is a good idea these days. If cosmo comes through I'll use that or just do the instant ACH option. It's good progress. Glad the processor is adult friendly. That eases my mind a bit too....
KatyBoleyn
09-29-2022, 01:49 PM
Thank you for clarifying. I hope this can be resolved in the next week or less, if not, I'd need to have another option. Is there no way to give a possible turnaround time so we can make an informed decision?
I was going to sign up for Cosmo, but if you say to wait, I'll be patient I suppose.
Obviously nobody in that line of work will commit to a solid timeline. We did press, and we're giving everyone exactly what they responded with. Know that if WE are responsible for any part, we're on it with keenness and speed. Nobody waits on us.