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PayPal stops payouts to models on Pornhub

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Re: PayPal stops payouts to models on Pornhub

#15

Post by ur-whale »

mjevans wrote: post #7

A chilling effect on free speech. Real alternatives to paypal and credit cards need to enter the market. It sadly looks like my favorite hope is still not ready, but I am hopeful that this is due to slow and careful development that will lead to a stable long term outcome. https://taler.net/en/faq.html

> Real alternatives to paypal and credit cards need to enter the market.

They already have. They're called cryptos.

[edit]: judging by the downvotes, looks like the sheep instinct is strong on HN

Re: PayPal stops payouts to models on Pornhub

#16

Post by WrtCdEvrydy »

jimnotgym wrote: post #10

A contributor once wrote on hn about the huge market for a porn friendly payment system. Key feature, must not look suspicious on credit card bill...

The issue here is that it needs to be easy for a person viewing their credit card bill to know that they paid for something... and not be super weird.

I had a buddy who nearly did a chargeback against a club that put "E 11 EVN" on his bill... name is Eleven Club.

Re: PayPal stops payouts to models on Pornhub

#17

Post by on_and_off »

magashna wrote: post #5

Would be interesting to see if this pushes PH to build their own infra top to bottom

It would be awesome !

There is a long history of people getting screwed to the point of having their company go out of business because paypal decides that they will freeze their funds for 6 months or that they no longer want to be their payment platform.

It would not be a big issue if there were 3 or 4 competitors .. but as things are, paypal is what people use to buy things online or to send money to a friend.

Re: PayPal stops payouts to models on Pornhub

#19

Post by craze3 »

I'm working on a decentralized app to remedy these type of moves by big payment processors.

The new flow I suggest is: BTC -> Coinbase -> PayPal.

Withdrawals are instant & only subject to standard fees. The can funds can also be instantly converted to cash, via the PayPal Business Debit Card.

References: [1] https://blog.coinbase.com/instant-paypal-withdrawals-now-ava... [2] https://support.coinbase.com/customer/portal/articles/295995... [3] https://support.coinbase.com/customer/en/portal/articles/210... [4] https://www.paypal.com/us/webapps/mpp/business-debit-card

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