Are There Other Payment Options

[+ VictorPowers]

that wasn't an offer, that was a desperate act... and also potentially asking for trouble specially if you live close to the Jersey Shore...

With the PK comment of course he was 100% joking

[Guest]

You can pay me in bitcoin or any other crypto

 

I also take credit cards and can happily explain in private to other escorts how to make it work

[Guest]

Just wait until you get your first dispute..

Your point is well taken. If you want to accept credit cards it's obviously important to screen clients.

[GTMike]

Even if you do screen clients, expect it to happen eventually. One of my regulars fell on hard times and initiated a dispute with PayPal causing an attempted clawback of $5,000. All of his contact details went dark. I saw attempted because that account was connected to a throwaway business account so no funds could be recovered.

That's really shitty. Bummed for you that happened.

[Guest]

Even if you do screen clients, expect it to happen eventually. One of my regulars fell on hard times and initiated a dispute with PayPal causing an attempted clawback of $5,000. All of his contact details went dark. I saw attempted because that account was connected to a throwaway business account so no funds could be recovered.

Damn, sorry to hear that. That's really awful.

[Maximus69]

I recently have accepted venmo from guys I've seen before of course, its much better than awkwardly having to go to the bank with them after the session

[+ BenjaminNicholas]

Are there other electronic means of payment? Yes.

 

Does that make the paper trail that much more evident? Yes.

 

Cash will always remain king for good reason. It's protects both sides in a variety of ways.

[+ 5280Dane]

Paypal

Zelle

CashApp

Venmo

Apple Pay

This is a good list, but there is one fool proof option I haven’t seen mentioned yet, and for a large sum, as a compromise to cash, it’s a worthy option. Fed Wire. It does require the recipient to have a US bank account, and it’s only available during business hours M-F but there is no way that once funds are received that it can be pulled back. There is typically a $20-$30 fee to send it, and even a possible fee to receive it due to the manual nature of the funds. But once received a bank cannot place a hold on those funds and it cannot be recalled.

 

Another way one can button down the cash app and venmo process is to ask the client to send to directly instead of requesting the payment. A lot of the risk is dependent upon what the client uses as the source of their funds. If they use the free bank option the possibility of that payment being recalled is higher due to the fact the apps treat the payment as an ACH which basically debuts or pulls the money from the clients bank account. If the ACH is returned , there is a reason code telling the business why it was not honored. Most are insufficient funds, but if the reason is client advises unauthorized, they are claiming to the bank that it was fraud. They have 60 days to claim this. But, it’s not easy. The bank will require an affidavit of fraud to be signed by the client. If you receive a reversal with this reason, the you can have your bank request a copy of the fraud affidavit. Then you can take the client to civil court. Not only does the client face civil charges that a good lawyer could stick without going into too much intimate details, but the client would mostly have to pay for court costs and then possibly face criminal charges by lying to the banks about the fraud.

 

If the client uses the debit card option, funds are paid immediately and are available immediately which can then be pulled to your bank safely. It’s pretty hard to recoup this unless the client goes the fraud route.

 

Same if they use a credit card. So while they can recall most, it is very high risk and they are relying upon the fact many won’t want the issue public or that the escort won’t take them to court. In the end. It’s a shitty move. It shows low integrity and if you run up on hard times you do what the rest of us do. We suck it up, put on our big girl pants and control our spending.

[down_to_business]

I understand wanting to keep this an all cash business, for so many good reasons... but.. it sure doesn't help the client or the escort if the client gets rolled on the way to meet you with $2500 in cash for the weekend because you made him carry it.

[+ BenjaminNicholas]

I understand wanting to keep this an all cash business, for so many good reasons... but.. it sure doesn't help the client or the escort if the client gets rolled on the way to meet you with $2500 in cash for the weekend because you made him carry it.

 

Sure, it's a possibility, but that's a rare instance.

 

I've worked a lot of higher cash deals- all over the world- and never once has a client been robbed.

 

Simplifying things, if you have trust and a history, a wire works fine. Otherwise, I'd say stick to cash until you have that comfort level.