Lintilla
Cam Model
- Mar 15, 2012
- 1,986
- 1
- 6,387
- 213
- Twitter Username
- @Lintilla
- Streamate Username
- LintillaTaylor
- Clips4Sale URL
- http://clips4sale.com/store/57755/LintillaTaylor
@Lintilla you're raising some very interesting points, I got to explain a bit how we're legally structured in order to answer.
The trick is we're not a payment service provider, we're an e-commerce website which has been structured / designed for you to sell easily.
That's why there's no need to pay $1000 annually to Visa / MasterCard to process payments with us, and that's why there's no need to be incorporated as well (which are both mandatory if you would process payments with CCBill for example).
We came up with this to make it as easy as possible to start processing payments with us (it's perfectly legal, several mainstream startups do very similar things). Unfortunately it also comes with a major drawback: it means we can only sell content which we host and deliver ourselves, or services from models who have been verified with us.
By law, if you want to sell content / services with a partner which does not have to know what you're selling exactly then it will be mandatory for you to incorporate, go through the compliance process of a classic payment service provider, pay $1000 annually and handle the day to day management of your merchant account (frauds etc.).
To my knowledge there is no adult friendly payment service provider which easily integrates with third party carts today, so I can't recommend another company which would be more adapted than us.
Once we do offer a shopping cart, would not you be interested in relying onto it to run your store? You would not really need the third party any longer, unless there's a reason I'm missing?
I wish you all a great Sunday.
Realized I didn't get around to responding to this. From your initial post I wasn't clear on whether you were a "payment method" as you put it or a content delivery site. So obviously you're moreso the latter.
I've actually worked with CCBill directly on a personal site of my own some years ago, and I hate hate hated them. I didn't need to be incorporated to work with them, is that new or just not accurate? Not so much that I disliked the unavoidable Visa/MasterCard fees, but their interface and support was not great, so I was hoping for something better. I still have a few affiliate accounts that go through them and neither of those things has improved. There are a few other options that do offer payment processing only, but none that I especially like, and for the most part they do charge those same fees. I'll stick with Bitcoin for now (no risk of chargeback there!)
I could be interested in a third party shopping cart (unsure why you refer to your service as if it wasn't one? "You would not really need the third party any longer" -- but... you're the third party here?) if it offered flexibility and functionality I wanted (I'd still also want to allow a 100% no cut to you Bitcoin option and adaptability for whatever I want that instant), but honestly I prefer to keep that in my own hands, knowing that if I want to add a feature I just need to install another module or modify/add some code on my own. And to have everything hosted on an account where I'm the only admin. I'm picky, and I'm an ex professional web dev and designer. That's not within the capabilities of everyone, so your service looks like a great option, otherwise. It's a bummer that there aren't more payment processing options for those who can manage the rest on their own. Or I guess... that more people don't adopt Bitcoin?
I'll probably give in to using another service if I do increase my clip output and feel like I can pull in the traffic (at the moment I feel that the traffic other sites provide me is worth an extra cut of my earnings). I'll still feel like I'm giving in, though. But I'm and edge case, tbh