GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Why don't more sponsors offer direct deposit?

D · 01-10-2007, 01:26 PM

Well, we kinda operate under the assumption that a most people don't want to share their bank account information with anyone that they don't absolutely have to share it with.

That, and it would also require sponsers to adopt a level of responsibility that they may not be ready to or willing to adopt. Not that any financial information isn't, but bank account information is even moreso kinda sensitive stuff... I mean, I'm sure you have a lot more personal and important-type transactions going through that account than you might have on an epass account, or whatever. I'm no accountant, but I imagine it'd also mean more insurance cost on the part of the sponser in the event that something _could_ go wrong.

I reckon there's also the fact, as a few threads have discussed in this community before, that some institutions have problems doing business with entities in our line of business... I remember people talking about accounts being shut down, checks refused, and all that jazz...

Just seems like direct deposit would introduce a lot more variables than the simplicity of epass or mailing checks provides.

But then, like I said, I'm no accountant... just shooting from the hip here.

01-10-2007, 01:26 PM
D Confirmed User Join Date: Jan 2006 Location: The Valley Posts: 7,412	Well, we kinda operate under the assumption that a most people don't want to share their bank account information with anyone that they don't absolutely have to share it with. That, and it would also require sponsers to adopt a level of responsibility that they may not be ready to or willing to adopt. Not that any financial information isn't, but bank account information is even moreso kinda sensitive stuff... I mean, I'm sure you have a lot more personal and important-type transactions going through that account than you might have on an epass account, or whatever. I'm no accountant, but I imagine it'd also mean more insurance cost on the part of the sponser in the event that something _could_ go wrong. I reckon there's also the fact, as a few threads have discussed in this community before, that some institutions have problems doing business with entities in our line of business... I remember people talking about accounts being shut down, checks refused, and all that jazz... Just seems like direct deposit would introduce a lot more variables than the simplicity of epass or mailing checks provides. But then, like I said, I'm no accountant... just shooting from the hip here. __________________ -D. ICQ: 202-96-31 Last edited by D; 01-10-2007 at 01:29 PM..