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Payments advice for the UK, Europe and Asia for people who buy and sell used panties online

Receiving and sending money online for adult goods is becoming more and more difficult due to credit cards processors companies increasing their charges and antifruad legislation wanting to know everything about us. We hope this article can help you deciding how best you can set up your used panties online shop.

Updates and advice for Methods of Payments available to and from the UK, Europe and Asia for people who buy and sell used panties online.

For the UK and Europe Written by  Panty Trust Volunteer Lily

Paypal – this is a definate no no when it comes to panty payments all across the world. Paypal do not allow payments relating to adult themed items. If you are caught using Paypal then you and the buyer can be fined and suspended from paypal. If a buyer tries to persuade you to accept Paypal please do not agree. It is just not worth the consequences. There are lots of payment methods around that are just as easy and alot safer.

BACS – Direct bank transfer, this is great for payments within the UK. The buyer can send money direct from their bank account into yours. it is also private and very safe. all the buyer needs from you is your account number, sort code and payment amount, nothing else is needed. If the buyer demands other information such as your name or bank name DO NOT give it to them. they do not need it.
Bacs payments are 100% yours as the banks do not charge a receiving or withdrawal fee.

Gift Certificates – this is another great way of accepting payment for your panties. The most popular certificate used is Amazon gift certificates. When you and your buyer agree on a price for your panties, your buyer will purchase an online gift certificate and the amount will be emailed through to you. the only information your buyer need is your email address.
If you are to accept Amazon gift certificates as payment remember to tell your buyer that you require Amazon.co.uk or Amazon.com gift certs.
You can then use your gift certificates to buy things for yourself or even more panties

Postal payments – Postal payments include cash, cheques or postal orders sent to either a specified address or a particular PO BOX. I would not say that postal payments are not very safe. there are a number of things that could go wrong. the buyer would know your address. most buyers are great and would not use your address in the wrong way but I am afraid there is the odd strange person out there in the world. Another is that post can go missing. it wouldn’t be great if your payment was to go missing in the post would it.

Legit method of payments to ASIA Written by Panty Trust Volunteer Thai Kitty

Actually here the situation is a bit more complicated than the rest of the world, maybe because few Westerner banks has branches here…

First of here is the list of methods that here are not available, or if available, are practically unusable:
Any kind of gift certificate (if I should spend gift certs on Amazon for example, I should buy something from them -Amazon payment is not active here- with huge shipment, tax and duty costs!)
Postal Payment
Postal or Money order

Following a brief list of the methods, with a comment for each one.

 

Besides their problem with CC transactions in Adult involved payments * (read more below), the big problem here is that they allow ONLY Wire Transfer for withdrawal. Their Transfer to CC is inactive since April, I contacted them many times but their reply is always “We still don’t know when will be available again (?!?!?)”…
This makes a big down for Asian users. Wire Transfer costs 15 (fifteen!) USD and in the best case it take 5 working days to be accredited on Bank Account… Considering also their high fees, it makes things quite hard.

Bank Transfer
Generally slow, very expensive and personal data must be given to buyer, included all coordinates of bank account.

Western Union – Moneygram
Pros – Immediate transfer, plenty of agencies throughout all Asia (especially Western Union)
Cons – Personal data must be given to Buyer (Name, Surname and City), high fees on Buyer, foreign exchange rate ridiculous (especially Western Union)

iKobo (http://www.ikobo.com) / AtmCash (http://www.atmcash.com) – JUST FROM USA
I used the first just once for a normal money transfer from USA to here, and it worked just great!
On the first transfer, they will send by FedEx (iKobo with a fee, AtmCash for free) to the money recipient. Then the recipient (once received the pin by email) will withdraw money from any Visa enabled ATM.
Pros: fast (just 3 times for card delivery first time, then instant transfer), very convenient and easy, buyer can pay by CC or Bank account!
Cons: Personal data must be sent to Buyer (it has a workaraound anyway), works just from USA, not popular.
*Alertpay Outrage EDITED in April 2012

After months of credit cards payment issues and third parties services withdrawals, Alertpay has followed PayPal policies and finally confirmed that they will no longer allow adult material/services transactions, including used panties sales and memberships payment for adult/fetish orientated websites.

As we have discovered, Alertpay is no longer allowing credit cards to be used for adult transactions. This is not Alertpay’s fault, this is merely down to the credit cards companies not being able to cover or insure such type of transactions. You could say its down to the underwriters.

What does this mean to used panties buyers and sellers?
It means that when you open an Alertpay account:

  • you will only able to use it by moving an existing balance from one account to another (this is free for sellers and buyers)
  • you will not be able to pay a panty seller with your credit card or accept payment by a credit card
  • you will not be able to upgrade to a business account
  • you will not be able to trade under a different name other then your real name.

Is it still worth opening an account?
Yes definitely! Alertpay is still the only online processors who hasn’t banned adult transactions and its still the most used within the panty fetish industry, by both panty buyers and panty sellers all over the world.

All you need is to keep a positive balance in your account (you can do this by transferring money to your AP account from your bank or credit card) and not be worried about your name being visible.

Having said this, things may change in the future, if they do, we will keep you posted.

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