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Best way for an escort to process credit card payments/take deposits?
Hello everyone! I'm an escort in the US who wants to start offering travel dates. I would need to take deposits to cover expenses and would love direct feedback about what systems others use to process non cash payments. I'd like something with reasonable transaction fees that protects my privacy, is sex worker friendly, and is easy for my clients to use. Thanks for your help!
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Re: Best way for an escort to process credit card payments/take deposits?
Paypal for deposits even though Fedexing cash might be better. You are safest by collecting your ahem consultation fees in CASH.
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Re: Best way for an escort to process credit card payments/take deposits?
PP is not sexworker friendly. I'd make them mail you cash.
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Re: Best way for an escort to process credit card payments/take deposits?
I'm aware PP and Square are no good. I'm thinking of setting up a PO box and having clients mail me MOs, but would like an option with shorter turn around time.
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Re: Best way for an escort to process credit card payments/take deposits?
I know about PayPal's drawbacks which is why I said Fedexing cash might be better.
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Re: Best way for an escort to process credit card payments/take deposits?
Please don't mail cash. Perhaps have him mail a check?
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Re: Best way for an escort to process credit card payments/take deposits?
What about a money order?
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Re: Best way for an escort to process credit card payments/take deposits?
^^^ money orders work for amounts of a few hundred dollars. But once you get over $1000, sellers are starting to require the buyer to provide personal info so the seller can file a 'cash transaction report'.
In regard to credit card payment processing services that are willing to do business with 'high risk' customers ( which includes anything adult industry related ), I'm told that there is now a lot of 'attention' being paid to companies that do payment processing of individual 'private' transactions ( a.k.a. 'private loads' ).
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Re: Best way for an escort to process credit card payments/take deposits?
Well, I suggested money orders because I always buy them for my rent, which is above $1000, and a few of my bills. No one has ever questioned me or asked for personal information. Granted, it's possible that a customer might not automatically evade suspicion the way I do as a wholesome-looking girl-next-door type... But still, a check-cashing place is much more likely to welcome adult business than PayPal or other big credit card companies.
I think the distinction is probably corporate/chain issuers of money orders vs. small business issuers. I think the drugstores here may ask for info, but I know the check-cashing place I use couldn't care less. They just want the $1 processing fee!
Plus, if it's going to be going through the mail, a money order is so much safer than cash because the customer has the option of saving the receipt in case it gets lost or stolen.
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Re: Best way for an escort to process credit card payments/take deposits?
^^^ Such reporting requirements apparently vary from state to state. I do know that the US Postal Service has set a $1500 reporting limit on money order purchsases which applies nationwide. Also, I am told that 'check-cashing' businesses are on the same list of payment processors willing to do business with 'high risk' customers which are now receiving increased 'attention'.
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Re: Best way for an escort to process credit card payments/take deposits?
I never said to mail cash. I said to Fed Ex cash. Not UPS ; not DHL ; Fed Ex or if it is local - private messenger service.
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Re: Best way for an escort to process credit card payments/take deposits?
There are credit card processing services that handle payments for adult businesses. Here's one:
http://instabill.com/articles/paymen...rd-processing/
ccbill seems to be widely used in the adult entertainment industry.
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Re: Best way for an escort to process credit card payments/take deposits?
^^^ true enough. However, Instabill typically gets around the increased 'attention' now being paid to US adult credit card processing services by going offshore. From the Instabill website ...
(snip)It can be challenging to find an adequate credit card processing solution for your adult entertainment business. Some acquiring banks are hesitant to accept adult merchants because of the legal age restrictions and controversial content, and fees usually run high for adult merchant accounts. However, with a merchant account from Instabill, you could qualify for an account with a great offshore acquiring bank at an affordable rate. (snip)
... this end run around increased 'attention' being paid by US banks and regulators comes with a trade-off. That trade-off is that the increased 'attention' may now be directed toward the client instead of the credit card processor, as the client must report the existence of offshore accounts to the IRS, as the client brings her offshore money back into the USA, etc.
I would add that CCBill deals with online transactions only. While it might be possible for an escort to set up such a 'travel dating' website, this certainly means that her business activities may receive greater 'attention' as well.
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Re: Best way for an escort to process credit card payments/take deposits?
A visa giftcard sent to you?
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Re: Best way for an escort to process credit card payments/take deposits?
Lets be honest, nothing is going to be sex worker friendly. Not as friendly as you would like.
The other issue is that clients dont like credit card transactions because it leaves a paper trail for spouses, SOs, IRS, and businesses to find. Most of these men are using your services while on business trips. Trips they write off on taxes or expense accounts. If an issue ever comes up for them about that trip, all their transactions for that trip are reviewed. A questionable large credit card transaction becomes a problem explaining.
My suggestion to you would be getting a good faith deposit mailed to you in the form of a money order. The rest they give you in cash in person. That way you are getting some up front funds, avoiding cash reporting limits, and making the paper trail minimal for the client.
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Re: Best way for an escort to process credit card payments/take deposits?
Now let's think some of these things through.
\
Taking credit cards also means he can do a chargeback whenever he wants. Not to mention evidence of committing an illegal transaction. If he does it on a personal account, their wives will find out. If they do it on company card conducting an illegal biz transaction they will get FIRED!
Money orders also would be proof of an exchange of money for sex. They will want a confirmation of sex for money via text or email, more proof for the police.
You can't go through something like CCBilling they are NOT going to risk their whole company for you to escort. No payment processor is willing to do that, be the payment processor for hooking. They have to report all illegal transactions like for illegal drugs & prostitution.
If you want to tour but afraid of not making enough to cover expenses is just the risk you are going to have to take.
You are asking total strangers to trust you, as in send you money for an appointment. Many used to take advantage of this & never make the trip because they didn't LOL get enough deposits & the girls kept the money. If you don't make the trip are you going to refund their money?
Men are generally horny right now, not next week, not next month. Why bother sending a deposit for the promise of pussy in the future when they can call up a girl locally & get laid within an hour.
Good Luck,
Sam
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Re: Best way for an escort to process credit card payments/take deposits?
Quote:
No payment processor is willing to do that, be the payment processor for hooking. They have to report all illegal transactions like for illegal drugs & prostitution
Technically speaking this is only true of US banks and credit card processing services. Offshore banks and processors in countries which do not have information sharing agreements with the USA do not make reports ... which is the reason that InstaBill utilizes offshore banks and processors !!! However, a US citizen making lots of sizeable cross-border transactions because they are using an offshore bank and payment processor is likely to draw a great deal of official 'attention'.
And also, as was correctly stated earlier, no matter where the bank and processor is located, MasterCard, Visa, AmEx et al still create a 'paper trail' which customers must 'explain' to their bosses, wives etc. Additionally, MasterCard, Visa, AmEx etc. will be very happy to process 'chargebacks' on behalf of complaining customers ... which are difficult to dispute via US banks and processors, and virtually impossible to dispute for offshore banks and processors ... meaning that the affected escort can easily be 'f$#ked twice' by the same customer if the credit card charge is later reversed after the customer has already received his 'services' !!!
Sam is 100% correct that the only method of payment that doesn't create a paper trail of any sort is actual cash. But sending actual cash also leaves the customer with no recourse in the event that the escort claims the cash was never received, doesn't 'deliver' as promised, etc. As such, many customers aren't willing to risk doing so. Money orders provide a little bit of recourse, in exchange for creating a low profile paper trail.
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Re: Best way for an escort to process credit card payments/take deposits?
www.reloadit.com
you buy a card - he sends you the reload number - you load it on your card
you can get a serve.com card and load the money onto it
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Re: Best way for an escort to process credit card payments/take deposits?
As others mentioned, PayPal. On a side note there is also paypal my cash cards
Just like Square, Intuit & others; PP also has a card reader which you can order for free.
Wasn't aware of Reloadit but good to know about now.
An Akimbo prepaid card is perhaps another option. You can instantly share/send $ to any other Akimbo Card Member. You can also order a sub-card to have your escort name (or whatever name you'd like) on it. I happened to have an Akimbo card myself and recently purchased a Preferred411 lifetime membership quickly and easily; with my card.
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Re: Best way for an escort to process credit card payments/take deposits?
I only take cash. But if I know that person very well. I give him opportunity to swipe his card with a little credit card reader called squareup. In that case I take 3% hit for the credit card fees.
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Re: Best way for an escort to process credit card payments/take deposits?
The other interesting way I forgot to mention is to use Google Wallet. You have the ability to send money through gmail. It appears this would require both parties to have a gmail/google account.
Whichever service someone may use if it's not anonymous, then sending too much or too often probably isn't the best idea.
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Re: Best way for an escort to process credit card payments/take deposits?
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Re: Best way for an escort to process credit card payments/take deposits?
I use spankpay. They take a percentage but it’s all tax deductible
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Re: Best way for an escort to process credit card payments/take deposits?
Quote:
Originally Posted by
Bahuba
No one uses Bitcoin?
Yes threw cashapp. Good for people overseas
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Re: Best way for an escort to process credit card payments/take deposits?
Greendot!!!!! It's cash only and they send you the info to verify in advance. Used them for overnights so I wasn't screwed over with my time. I've only done the vanilla visa gift card with people I didn't trust to pay in the past requiring receipt (expected them to do a charge back/haggle on arrival/can't withdraw money due to joint bank account with wife or met them in weird situations).