Take away chargebacks and then the tables will turn. Tons of super shady sites will capture your money and run off with it.
There is a reason CC fees are so high in the porn industry and it isn’t just huge companies ripping off the little guy. The CC processor not only has to factor in the risks of client chargebacks but also the merchant themselves doing something shady (malicious or not)… say getting their DB hacked and having all the CC data in plaintext or something. Or just the merchant folds up shop and bails on the customers…. 10% rates exist for a very good reason
There is a reason CC fees are so high in the porn industry and it isn’t just huge companies ripping off the little guy. The CC processor not only has to factor in the risks of client chargebacks but also the merchant themselves doing something shady (malicious or not)… say getting their DB hacked and having all the CC data in plaintext or something. Or just the merchant folds up shop and bails on the customers…. 10% rates exist for a very good reason