Hi Sinna,
Agreed. The only people I've had the chance to talk with who looked quite aware of what's going on and how to make it nicely (legal + cost effective) would not share any info for free - no blog etc. -, cost about 500€ / day and wouldn't get anything done in less than 10 days. Kind of lawyers for VAT...
Agreed as well. I don't know why it's impossible to find detailed instructions and business cases, it's like they're organizing inefficiencies - it's driving me nuts sincerely.
I'm sorry to hear, but it's not surprising: I don't know their exact business numbers but imho they're getting about 2.5% on the volume you process. Even if you're processing $5000 / month - which is already huge for a solo model - they'd be getting only $125 / month which is not worth the trouble for them.
When designing IndieBill we were seeking to offer the best revenue share while building a sustainable business, and maths showed us that it would be pretty much impossible to offer better than 85% - just like CCBill / Epoch and other payment processors who accept to process for solo models.
We convinced SecurionPay to work with us because my partner is pretty good with tech and has a quite good track record in developing e-commerce websites. They're focused on building great APIs for developers and in this regard we're their 'target' if I may say. By the way I gotta give them mad props for bringing into the adult industry awesome technology that has been available for years in mainstream.
"High-risk" isn't defined only by the amount of chargebacks unfortunately (although high chargebacks businesses are always considered high-risk). The type of content we're selling brings liabilities to the people working with us: for their branding, because illegal content are more likely to be present etc.; as well as some additional complexities - for example many companies don't want to work with adult so it's harder / more expensive to get anything done. Therefore we're all getting higher payment processing fees.
Where your processor is shouldn't impact whether or not you have to pay VAT. We'll have some cool things coming along for handling custom videos such as escrow payments, easy content delivery, form integrations etc. so maybe we'll work on this together later on. That's my hope at least
Sure. I finish issuing the payouts and I'll write you right after![]()







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