The author and her interviewees tackle a lot of familiar issues in the industry with billing, TOS, privacy, CBs, and payment processors. Escorting, dancing, camming, phone sex, etc are all brought into the discussion: http://www.forbes.com/sites/forbeswo...hless-economy/
It is written by Susan Shepard who is one of the cofounders of Tits and Sass, (highly recommended blog) "a group blog run by sex workers who saw a void when it came to witty commentary on the public image of the sex industry. Follow her on Twitter @StripperTweets" -Forbes.com
Snippets from the post:
Independent escorts don’t have that or the infrastructure of a club as a backup, and while each independent escort is essentially his or her own business, opening a business account could leave personal information easily accessible to customers. Leah, a traveling escort who needs to accept deposits for travel engagements, experimented with everything from Western Union transfers (the dispatchers would reveal her real name) to having a customer open a corporation for her (he closed it down when she didn’t fall in love with him). Only one non-cash option has worked to her satisfaction.
While making fetish videos, performing on webcam, or being a phone sex operator are legal jobs, they aren’t the types of businesses to which most banks will grant merchant accounts. High incidences of customer chargebacks—whether they stem from buyer’s remorse, deliberately obtuse recurring billing agreements, or actual fraud—mean that all adult services accounts carry a “high risk” designation, so they either pay a premium for processing or don’t get serviced at all. Providers are left with the option of violating a service’s TOS and hoping they don’t get caught, or using a third-party processor or clearinghouse site.
More here: http://www.forbes.com/sites/forbeswo...ess-economy/2/




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