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Old 10-28-2024, 08:44 AM   #1
machinegunkelly
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Crypto Payment Processor

I'm involved in the development in a crypto payment system, whilst we work on this, Im realizing it would likely translate well to Adult..

Is there a reason this hasn't really become a thing yet?
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Old 10-28-2024, 09:15 AM   #2
TheLegacy
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There are some in the UK but from listening Americans don't use crypto to pay for porn rather they hold onto it and instead stick with CC

Not even webcam studios overseas will accept crypto for payment so unless you're a casino there isn't much in the way of spending - and in 32 years in the industry I've only been paid once in crypto from a casino but that was 15 years ago
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Old 10-28-2024, 09:27 AM   #3
kuprum
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it seems to me.... about 10 such payment systems work and accept adult traffic. What is the difficulty? )
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Old 10-28-2024, 09:29 AM   #4
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- porn buyers don't use crypto
- bitcoin sucks for instant and small transactions
- rebills actually make the adult industry possible
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Old 10-28-2024, 09:47 AM   #5
Zuzana Designs
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If the day ever comes when Visa and Mastercard stop processing, I believe it could actually be quite beneficial.
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Old 10-28-2024, 10:04 PM   #6
machinegunkelly
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Quote:
Originally Posted by fuzebox View Post
- rebills actually make the adult industry possible
we think weve got this sorted out.. I knew it was a big one


To the same point as a CC ... if theres no money there its declined, but recurrence is not a problem
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Old 10-28-2024, 10:37 PM   #7
machinegunkelly
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Originally Posted by Zuzana Designs View Post
If the day ever comes when Visa and Mastercard stop processing, I believe it could actually be quite beneficial.
Ive also considered this.. basically we'd be betting on visa and MC pulling out..
Which will never happen.

they posture but...


I do think we have a viable product here, just wondering about application, and maybe adult doesnt fit... yet
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Old 10-29-2024, 01:35 PM   #8
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why would you need a processor for bitcoin?
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Old 10-29-2024, 09:54 PM   #9
Fenris Wolf
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If you do make sure you also have prebuilt integrations for existing cms scripts, for example KVS, and such. Looking at nowpayments.io right now, they have docs for this, but as someone who is non-technical, I always have to outsource. Just makes it that much easier when something like this is easily ready to use for most existing cms. Makes the decision process easy as well.
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Old 10-29-2024, 10:28 PM   #10
Brent 3dSexCash
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Quote:
Originally Posted by machinegunkelly View Post
we think weve got this sorted out.. I knew it was a big one


To the same point as a CC ... if theres no money there its declined, but recurrence is not a problem
Only a small percentage of people would use crypto for adult payments, and rebilling poses a major hurdle. Even if you found a workaround, it wouldn’t operate like traditional rebilling—it would likely feel confusing and cumbersome, which would further limit its appeal. It wont work.
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Old 10-30-2024, 11:04 AM   #11
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Originally Posted by Fenris Wolf View Post
If you do make sure you also have prebuilt integrations for existing cms scripts, for example KVS, and such. Looking at nowpayments.io right now, they have docs for this, but as someone who is non-technical, I always have to outsource. Just makes it that much easier when something like this is easily ready to use for most existing cms. Makes the decision process easy as well.
ive done payments for my own scripts but ive never relied on a processor like coinbase etc, or another exchange, works for hardware wallets too.
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Old 10-30-2024, 05:18 PM   #12
machinegunkelly
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why would you need a processor for bitcoin?
Not sure - I just happen to be involved in the development of a similar service, and when I left adult, billing problems were on going with visa and MC, so wanted to gauge interest.. perhaps its not a fit here.

Quote:
Originally Posted by Brent 3dSexCash View Post
Only a small percentage of people would use crypto for adult payments, and rebilling poses a major hurdle. Even if you found a workaround, it wouldn’t operate like traditional rebilling—it would likely feel confusing and cumbersome, which would further limit its appeal. It wont work.
Not using "work-arounds" using block chain functionality, seamless and automated.

Anyway, doesnt sound like there's any application in adult, I just thought perhaps it could translate well... when I left the industry there was a lot of interest in crypto payments, perhaps its waned
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