Porn PSP as a complete payment solution

In this post I will cover the option of using the PSP company as your complete payment solution for processing credit cards, online checks and telephone payments. I personally recommend this option for small scale porn site owners. processors like CCBILL for example offer a complete payment solution for your website, including an integrated Affiliate Program for free. They review your sites and if the sites are complaint you have to sign an agreement along with sending them a payment of $500, which would cover the VISA fess. As of 2013 you will also have to pay $500 for accepting Master Card. So the total annual fee would be $1000. Below I will list the advantages and disadvantages of using PSPs as CCBILL instead of your own merchant account:

Advantages:

1. Dealing with 1 company covering all your payment options.2. Free affiliate program. CCBILL sends the checks to your affiliates.
3. Ability to add your partners to CCBILL and split the revenue automatically.
4. Cross sells options with other sites using CCBILL.
5. Advanced management system offering all kinds of customizations including order formas and email notifications.
6. You can exceed 1% charge back ratio without getting your account closed.
7. Constantly trying to improve their system and add more payment options.
8. 24/7 customer service.

Disadvantages:

1. Higher processing cost.

In conclusion for small porn sites I recommend PSPs like CCBILL, Epoch or Zombaio. For larger high processing volume websites I recommend opening a merchant account as the saving of 10% would be enough to cover herring employees managing the different aspects of  the payment processing and even save extra money. Though it would be good to have an additional backup processor in case of a problem with the main one.

please feel free to comment in case I have missed something.

 

About

Adult Webmaster