Verotel Adds Bitcoin Payment Option

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  • Fenris Wolf
    Confirmed User
    • Nov 2005
    • 1062
    #1

    Verotel Adds Bitcoin Payment Option

    Just thought I would give people a heads up. Some may find it a nice new addition.

    http://blog.verotel.com/bitcoin-avai...rship-options/

    Here is a link with my ref code Verotel.
    Email: fenris_wolf3000 (a t ) yah00 . c 0 m
    Tags: None
    • lyno
      Confirmed User
      • May 2003
      • 474
      #2


        Comment

        • rowan
          Too lazy to set a custom title
          • Mar 2002
          • 17393
          #3
          This is a good start.

            Comment

            • marktruman
              Confirmed User
              • Aug 2004
              • 1026
              #4
              any other processors use bitcoin? anyone notice any increase in sales using it?

                Comment

                • ShowMe69
                  Confirmed User
                  • Sep 2005
                  • 3147
                  #5
                  We plan on adding it to all our sites tomorrow, will let people know how it is doing
                  Cuckold, Interracial or Swinger Traffic, Make Money $$
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                    • adultmobile
                      No, I am not banned
                      • Nov 2003
                      • 5345
                      #6
                      Originally posted by marktruman
                      any other processors use bitcoin? anyone notice any increase in sales using it?
                      I heard no others announcing bitcoin support. I asked Epoch and they replied they don't plan to support bitcoin. Of course any adult site can add support of bitcoin via one of Coinbase, BitPay, GoCoin, but it would be easier if your existing processor/biller will add bitcoin.

                      Verotel shoud be credited as a pioneer for btc adult. The refund thing it is the tricky way:

                      ----------
                      In the event that a member requests a Bitcoin refund, the original amount of the transaction in the local currency is refunded and not the number of Bitcoins paid. Any required currency conversion during the Bitcoin refund process will be calculated at a spot rate determined by Verotel.
                      ----------

                      Honestly, I never got an user email of user asking to pay with bitcoin, they always ask to pay with other like paypal or cash in envelope sent via pigeon, not bitcoin. Hardware and video game shops (as well as gambling and weed sites) are more lucky than adult at the moment with bitcoin sales.


                      TubeCamGirl.com

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                        • AllAboutCams
                          Femcams.com
                          • Jul 2011
                          • 12234
                          #7
                          Originally posted by adultmobile
                          I heard no others announcing bitcoin support. I asked Epoch and they replied they don't plan to support bitcoin. Of course any adult site can add support of bitcoin via one of Coinbase, BitPay, GoCoin, but it would be easier if your existing processor/biller will add bitcoin.

                          Verotel shoud be credited as a pioneer for btc adult. The refund thing it is the tricky way:

                          ----------
                          In the event that a member requests a Bitcoin refund, the original amount of the transaction in the local currency is refunded and not the number of Bitcoins paid. Any required currency conversion during the Bitcoin refund process will be calculated at a spot rate determined by Verotel.
                          ----------

                          Honestly, I never got an user email of user asking to pay with bitcoin, they always ask to pay with other like paypal or cash in envelope sent via pigeon, not bitcoin. Hardware and video game shops (as well as gambling and weed sites) are more lucky than adult at the moment with bitcoin sales.

                          Why would Chaturbate add Bitcoin then?
                          Binance - Blockchain and Crypto Asset Exchange
                          Chaturbate make money in cams

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                            • DWB
                              Registered User
                              • Jul 2003
                              • 31779
                              #8
                              Originally posted by AllAboutCams
                              Why would Chaturbate add Bitcoin then?
                              The same reason everyone else did, for the free press.

                              Don't fool yourself, no one in porn is banking from Bitcoin. Yes, sales do come in, but they trickle. It's OK if you hold them and cash them out at the correct time so you can get a lot of value on a member, but otherwise, Bitcoin didn't pan out for porn the way everyone was hoping it would. If you can take them, take them, but don't expect it to be a game changer.

                                Comment

                                • lagcam
                                  Confirmed User
                                  • Jul 2007
                                  • 2890
                                  #9
                                  Originally posted by adultmobile
                                  .........In the event that a member requests a Bitcoin refund, the original amount of the transaction in the local currency is refunded and not the number of Bitcoins paid. Any required currency conversion during the Bitcoin refund process will be calculated at a spot rate determined by Verotel.
                                  ----------
                                  I think that anybody who processes bitcoin via verotel needs their head examined.
                                  Working Cam site for sale - NOT affiliate.

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                                    • AmeliaG
                                      Too lazy to set a custom title
                                      • Jan 2003
                                      • 10667
                                      #10
                                      Your mileage may vary, but, in my experience, Verotel do not pay.

                                      Why anyone would pay a biller 10+% to process Bitcoin is beyond me.
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                                        • Fenris Wolf
                                          Confirmed User
                                          • Nov 2005
                                          • 1062
                                          #11
                                          Originally posted by AmeliaG
                                          Your mileage may vary, but, in my experience, Verotel do not pay.
                                          Since I have been with them, I have consistently been paid early. Can you provide more detail on what happened in your situation?

                                          Originally posted by AmeliaG
                                          Why anyone would pay a biller 10+% to process Bitcoin is beyond me.
                                          It's actually a 1% processing fee.
                                          Email: fenris_wolf3000 (a t ) yah00 . c 0 m

                                            Comment

                                            • nikki99
                                              Supermodel
                                              • Nov 2004
                                              • 23072
                                              #12
                                              FENRIS, this goes automatically to the join pages area or need to be added manually¡?
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                                                • JasonCollins
                                                  Confirmed User
                                                  • Sep 2013
                                                  • 970
                                                  #13
                                                  Originally posted by AmeliaG
                                                  Your mileage may vary, but, in my experience, Verotel do not pay.
                                                  I would really like for you to mail me so we can discuss offline what may have happened for you to feel this way?

                                                  Originally posted by AmeliaG
                                                  Why anyone would pay a biller 10+% to process Bitcoin is beyond me.
                                                  Bitcoin is 1% and is noted inside our Control Center.
                                                  Last edited by JasonCollins; 04-30-2014, 06:49 AM.
                                                  Transparent, hassle free payments: DialXS.com
                                                  Email: [email protected] | Telegram: jpcams

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                                                    • lagcam
                                                      Confirmed User
                                                      • Jul 2007
                                                      • 2890
                                                      #14
                                                      Originally posted by JasonCollins
                                                      Bitcoin is 1% and is noted inside our Control Center.
                                                      Well 1% fee for bitcoin processing doesn't sound so bad, but what about these "refunds"?

                                                      Part of the attraction of bitcoin for a merchant is that it is money that can't be reversed or charged back (just stolen, hijacked or lost )

                                                      With no bank involved, who exactly will rule on whether a refund should be issued?
                                                      Working Cam site for sale - NOT affiliate.

                                                        Comment

                                                        • JasonCollins
                                                          Confirmed User
                                                          • Sep 2013
                                                          • 970
                                                          #15
                                                          Originally posted by lagcam
                                                          Well 1% fee for bitcoin processing doesn't sound so bad, but what about these "refunds"?

                                                          Part of the attraction of bitcoin for a merchant is that it is money that can't be reversed or charged back (just stolen, hijacked or lost )

                                                          With no bank involved, who exactly will rule on whether a refund should be issued?
                                                          A Bitcoin refund would only happen if the site is offline or if the user is denied access once they have paid. Site access would be verified before we authorize a refund and we would work together with the webmaster to ensure that this is handled appropriately.
                                                          Transparent, hassle free payments: DialXS.com
                                                          Email: [email protected] | Telegram: jpcams

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                                                            • adultmobile
                                                              No, I am not banned
                                                              • Nov 2003
                                                              • 5345
                                                              #16
                                                              Originally posted by JasonCollins
                                                              A Bitcoin refund would only happen if the site is offline or if the user is denied access once they have paid. Site access would be verified before we authorize a refund and we would work together with the webmaster to ensure that this is handled appropriately.
                                                              This is ok for prerecorded content member area of pay site.
                                                              What about webcam, the guys ask refund because the girl "was not naked" or things like that

                                                              TubeCamGirl.com

                                                                Comment

                                                                • Jay - SMASH
                                                                  Custom User Title
                                                                  • Jul 2012
                                                                  • 463
                                                                  #17
                                                                  No NATS support?

                                                                    Comment

                                                                    • Fenris Wolf
                                                                      Confirmed User
                                                                      • Nov 2005
                                                                      • 1062
                                                                      #18
                                                                      Originally posted by nikki99
                                                                      FENRIS, this goes automatically to the join pages area or need to be added manually¡?
                                                                      You need to manually add a new membership option for Bitcoin. Their blog states you have the following restrictions though.

                                                                      ◾Only One-Time membership options are supported at this time

                                                                      ◾The Bitcoin order page only allows generated credentials ? user selected and credentials as parameters are not supported at the moment

                                                                      ◾The Bitcoin order page does not support Billing/Shipping address ? you cannot create Bitcoin membership option if those addresses are enabled
                                                                      Email: fenris_wolf3000 (a t ) yah00 . c 0 m

                                                                        Comment

                                                                        • Barefootsies
                                                                          Choice is an Illusion
                                                                          • Feb 2005
                                                                          • 42635
                                                                          #19
                                                                          Originally posted by Fenris Wolf
                                                                          Since I have been with them, I have consistently been paid early.
                                                                          Exactly, same here. I've been using them for roughly 10 plus years. Almost always paid early over that time.

                                                                          Should You Email Your Members?

                                                                          Link1 | Link2 | Link3

                                                                          Enough Said.

                                                                          "Would you rather live like a king for a year or like a prince forever?"

                                                                            Comment

                                                                            • Dirty F
                                                                              Too lazy to set a custom title
                                                                              • Jul 2001
                                                                              • 59204
                                                                              #20
                                                                              Originally posted by lagcam
                                                                              I think that anybody who processes bitcoin via verotel needs their head examined.
                                                                              Yeah you have to be crazy to use a ready to go solution and pay them 1%. Absolutely insane. People need to get their head checked.

                                                                                Comment

                                                                                • JasonCollins
                                                                                  Confirmed User
                                                                                  • Sep 2013
                                                                                  • 970
                                                                                  #21
                                                                                  Originally posted by adultmobile
                                                                                  This is ok for prerecorded content member area of pay site.
                                                                                  What about webcam, the guys ask refund because the girl "was not naked" or things like that
                                                                                  Cases like this would be handled as they come in and would be determined by several factors. One being the reliability of the webmaster. Do we constantly get complaints similar to this? Ideally in a perfect world, all webmasters deliver great content and exactly as described on the website prior to a membership taking place. I have seen some sites that advertise X and inside the members area you get Y. Even with cam sites.

                                                                                  Originally posted by Jay - SMASH
                                                                                  No NATS support?
                                                                                  Not yet, we are currently working on several features and these are expected to be rolled out over the next few weeks.
                                                                                  Transparent, hassle free payments: DialXS.com
                                                                                  Email: [email protected] | Telegram: jpcams

                                                                                    Comment

                                                                                    • AmeliaG
                                                                                      Too lazy to set a custom title
                                                                                      • Jan 2003
                                                                                      • 10667
                                                                                      #22
                                                                                      Originally posted by JasonCollins
                                                                                      I would really like for you to mail me so we can discuss offline what may have happened for you to feel this way?

                                                                                      It's not a feeling; it's a fact. In my experience, Verotel does not pay.

                                                                                      I have emailed Verotel many many many times. I perhaps have a feeling about how unpleasant Verotel has been to interact with via email, but I did not mention that in this thread. I simply shared my experience that, for me, Verotel does not pay.
                                                                                      GFY Hall of Famer

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                                                                                      Babe photography portfolio

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                                                                                        • rowan
                                                                                          Too lazy to set a custom title
                                                                                          • Mar 2002
                                                                                          • 17393
                                                                                          #23
                                                                                          Originally posted by AmeliaG
                                                                                          It's not a feeling; it's a fact. In my experience, Verotel does not pay.

                                                                                          I have emailed Verotel many many many times. I perhaps have a feeling about how unpleasant Verotel has been to interact with via email, but I did not mention that in this thread. I simply shared my experience that, for me, Verotel does not pay.
                                                                                          I have to say that while my experience with Verotel hasn't been perfect, I've never had to chase them up for a payment. I was with them for 8-10 years.

                                                                                            Comment

                                                                                            • jscott
                                                                                              jscizzle
                                                                                              • Feb 2001
                                                                                              • 25423
                                                                                              #24
                                                                                              Good job VEROTEL!
                                                                                              If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                                                              - Jordan B. Peterson
                                                                                              Listen to Pomp tell why is Bitcoin important

                                                                                                Comment

                                                                                                • ShowMe69
                                                                                                  Confirmed User
                                                                                                  • Sep 2005
                                                                                                  • 3147
                                                                                                  #25
                                                                                                  Originally posted by AmeliaG
                                                                                                  It's not a feeling; it's a fact. In my experience, Verotel does not pay.

                                                                                                  I have emailed Verotel many many many times. I perhaps have a feeling about how unpleasant Verotel has been to interact with via email, but I did not mention that in this thread. I simply shared my experience that, for me, Verotel does not pay.
                                                                                                  Been with them 9+ years always have paid and on time
                                                                                                  Cuckold, Interracial or Swinger Traffic, Make Money $$
                                                                                                  1:285 Conversion Ratio
                                                                                                  CuckoldLand Affiliate Program

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                                                                                                    • nikki99
                                                                                                      Supermodel
                                                                                                      • Nov 2004
                                                                                                      • 23072
                                                                                                      #26
                                                                                                      Originally posted by Fenris Wolf
                                                                                                      You need to manually add a new membership option for Bitcoin. Their blog states you have the following restrictions though.
                                                                                                      SMC Revenue - Best Tgirl websites of the world now VR
                                                                                                      Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero

                                                                                                        Comment

                                                                                                        • romeo22
                                                                                                          你自己去他媽的
                                                                                                          • Mar 2008
                                                                                                          • 23328
                                                                                                          #27
                                                                                                          so well

                                                                                                            Comment

                                                                                                            • INever
                                                                                                              Confirmed User
                                                                                                              • Jan 2005
                                                                                                              • 4028
                                                                                                              #28
                                                                                                              I've been with Verotel since "the beginning" and they are 99.99% reliable.
                                                                                                              I love Camdough

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                                                                                                                • Dailydiapers
                                                                                                                  Confirmed User
                                                                                                                  • Oct 2003
                                                                                                                  • 1080
                                                                                                                  #29
                                                                                                                  Added bitcoin to my sites today, thanks verotel!

                                                                                                                  Been with them for 11 years and always get paid!
                                                                                                                  Mike
                                                                                                                  http://www.dailydiapers.com/

                                                                                                                    Comment

                                                                                                                    • femdomdestiny
                                                                                                                      Confirmed User
                                                                                                                      • Apr 2007
                                                                                                                      • 5186
                                                                                                                      #30
                                                                                                                      Originally posted by Barefootsies
                                                                                                                      Exactly, same here. I've been using them for roughly 10 plus years. Almost always paid early over that time.

                                                                                                                      They pay , that is not problem. Problem is that most of sites dropped them as processor once they introduced high yearly fees. Basically,in my niche,only few sites left.
                                                                                                                      Femdom Destiny


                                                                                                                      --------------------------------------------
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                                                                                                                        • adultmobile
                                                                                                                          No, I am not banned
                                                                                                                          • Nov 2003
                                                                                                                          • 5345
                                                                                                                          #31
                                                                                                                          So anyone getting relevant bitcoin sales via verotel?

                                                                                                                          TubeCamGirl.com

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                                                                                                                            • SilentKnight
                                                                                                                              Megan Fox's fluffer
                                                                                                                              • Oct 2005
                                                                                                                              • 24812
                                                                                                                              #32
                                                                                                                              Originally posted by femdomdestiny
                                                                                                                              They pay , that is not problem. Problem is that most of sites dropped them as processor once they introduced high yearly fees. Basically,in my niche,only few sites left.
                                                                                                                              That's been our recent experience. We stopped processing with Verotel a few weeks ago - after working with them 5-6 years.

                                                                                                                              I must say, their payments were always on time and reliable. No issues there.

                                                                                                                              A few years back they pissed me off with some chargebacks (all from Germany at the time)...they never discovered for a while...then threw them at us all-at-once. Up till that point we'd barely had a single chargeback in years. They admitted to basically 'dropping the football' - and apologized to us. But we were still on the hook to pay back.

                                                                                                                                Comment

                                                                                                                                • JasonCollins
                                                                                                                                  Confirmed User
                                                                                                                                  • Sep 2013
                                                                                                                                  • 970
                                                                                                                                  #33
                                                                                                                                  Originally posted by Dailydiapers
                                                                                                                                  Added bitcoin to my sites today, thanks verotel!

                                                                                                                                  Been with them for 11 years and always get paid!


                                                                                                                                  We have seen a steady increase since the launch of Bitcoin. If the current numbers continue, I would expect total sales to surpass ACH and Direct Debit.
                                                                                                                                  Transparent, hassle free payments: DialXS.com
                                                                                                                                  Email: [email protected] | Telegram: jpcams

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