I wish WG's would accept Credit Cards from their regulars

[Gigabyte]

I would love it, saves me taking out tons of cash and carrying it around with me, plus I could get reward points from my punting

[Jimmyredcab]

Keep dreaming, pro$$ies don't want a paper trail.     

[latecomer]

Keep dreaming, pro$$ies don't want a paper trail.     

... and nor do most punters.

[vorian]

Can't see it ever happening. Why would it can't see any benefits or at least only minimal ones but lots and lots of potential con's.

[Daffodil]

Perhaps you could claim on your credit card insurance if you had a shit punt? 

[Toshiba]

No benefit other than if ya skint

[punk]

wonder what it would say on your credit card statement?

[UnrealisticExpectations]

  Jesus wept, explaining the charge from {InsertWGName} on my bank statement, not to mention giving my card to someone who likely already has money problems just seems like a recipe for disaster

[vorian]

wonder what it would say on your credit card statement?

What's worse what would it say if you had to pay for extra's separately.  

[punk]

What's worse what would it say if you had to pay for extra's separately.

 

BJ            = BLOW YOUR JOINT
OWO        = ONLY WITH ORANGES
ANAL        = ANY AND ALL

[vorian]

 

BJ            = BLOW YOUR JOINT
OWO        = ONLY WITH ORANGES
ANAL        = ANY AND ALL

 

[hockogrockle]

Why not ask her for her sort code and account name and number so you could pay the money in there and then using  your IPad? What could possibly go wrong?

[vorian]

Why not ask her for her sort code and account name and number so you could pay the money in there and then using  your IPad? What could possibly go wrong?

Joking apart and thinking about this the way society and technology is going in the 10/15 odd years cash transactions will have almost if not totally disappeared (Cheque book anyone). So what will that mean for prossie payments, I guess some kind of untraceable pre loaded cash card will have to be used, perhaps not as far off as we may think.

[musicman007]

i sense an opening for selling chip and pin machines cheap.lol

[Gigabyte]

Just to clarify. I am single so don't give a shit what appears on the statement, sorry for all you guys having to sneak around your missus's to punt, clearly a credit card would increase your risk of being caught.

Also if you used your credit card on a girl you don't know you would be asking for trouble but don't forget if there's a problem the credit card company are also liable if my memory serves my right (it might not I am getting old).

[Londondave]

I've had a few visits from escorts in Amsterdam and some of them turned up at the hotel  with credit card machines tucked in with the rest of the toys.

[UnrealisticExpectations]

Wife or no wife not a chance, too much chance for fraud and claiming money back from credit card transactions is not as easy as its made out to be.

I could imagine the WG's having a "Would you like to add a gratuity option?"

[Gigabyte]

As Vorian said society is moving away from cash. Contactless cards are starting to come to the fore for small purchases, most big purchases people generally use debit or credit cards. I don't know what escorts will do maybe as suggested and prepaid cards in which case why dont escorts take prepaid cards now?

I hope Dani/Holly/Strawberry or one of the other girls can give a perspective from their point of view what the problems would be for them. Maybe we could have a UK Punting credit card!   

[Tony Montana]

Some parlours take credit cards, like Sandys

External Link/Members Only

I wonder if you could actually make a claim for a poor service 

An indie could have a card reader implant in her arse crack, so you swipe it when she bends over.

[vorian]

As Vorian said society is moving away from cash. Contactless cards are starting to come to the fore for small purchases, most big purchases people generally use debit or credit cards. I don't know what escorts will do maybe as suggested and prepaid cards in which case why dont escorts take prepaid cards now?

Because imho as of ye,t the demand to do so from the majority of punters is not there. Also from their point of view cash transactions are much easier to hide from the taxman than electronic transactions.

[Curious6705]

I think this thread has answered your question - there's little demand for it ...

[vorian]

Some parlours take credit cards, like Sandys

External Link/Members Only

I wonder if you could actually make a claim for a poor service 

As parlors are technically brothels and hence an illegal service even if it is not illegal to punt in one, pretty sure the credit card companies would be able to weasel out of any chargeback claims. I guarantee that someone will have tried it before though 

[Gigabyte]

Some parlours take credit cards, like Sandys

External Link/Members Only

I wonder if you could actually make a claim for a poor service 

An indie could have a card reader implant in her arse crack, so you swipe it when she bends over.

Sadly they don't take American Express

[vorian]

Sadly they don't take American Express

They have to pay a much higher commission rate on Amex than standard credit cards.

[punk]

Wife or no wife not a chance, too much chance for fraud and claiming money back from credit card transactions is not as easy as its made out to be.

I could imagine the WG's having a "Would you like to add a gratuity option?"

+1 cash is king always will be.I'm single no way would i use a cc, for all the above reasons and how many escorts pay tax especially fly by nights.

[CoolTiger]

In order to acquire a swiping machine, a bank or credit card machine provider go through loads of questions. In addition, SP may be asked to provide their profit and loss accounts, as well as bank statements.

Even if approved, monthly running costs can be high, including paying up to 5% charge if customers use credit cards (as opposed to a flat fee of 50pence for Debit Card use).
   

[Gigabyte]

izettle doesnt appear to need that much

[panther111]

I would love it, saves me taking out tons of cash and carrying it around with me, plus I could get reward points from my punting

Seems sensible enough thinking for the future. Perhaps using a 'punting' card, similar to using a punting mobile.
Bit like using a specific card for porno purchases on the net...., so I've heard 

[vorian]

Seems sensible enough thinking for the future. Perhaps using a 'punting' card, similar to using a punting mobile.
Bit like using a specific card for porno purchases on the net...., so I've heard 

It will happen one day and I'm planning to punt until the day I drop, preferable during 

[mattylondon]

I would love it, saves me taking out tons of cash and carrying it around with me, plus I could get reward points from my punting

Never likely to catch on, in my opinion. For a start, prossies prefer hard cash. I suspect they also distrust punters just as much!  Secondly, chip and pin costs a lot of money to set up. Fuck me, most prossies I've punted can barely manage to have credit on their phone or pay their rent, never mind pay, yes PAY upfront £1500 or so, to set it up! That would also entail setting up a business account, which would include revealing their true income and what they do. Plus many take benefits whilst doing this and most don't pay tax. It doesn't look promising! 

You clearly have a death wish, if you're happy for a prossie to potentially know your financial details, real name and possibly address.

I do think, however, that your idea of a loyalty scheme would is pretty innovative. 

[berksboy]

   Dont forget drug dealers only take cash.

[Strawberry]

Most guys don't want a papertrail.
Chargebacks (which according to a few agencies who've used them are high, and my experience in another industry also demonstrated the same)
The transaction charge is supposedly much higher than for other businesses (seem to remember an agent telling me it's something like 6 or 7%)
Why pay to set up something which isn't going to be used, incurs transaction charges and has the option to be reversed?

Also what happens when the guy turns up, transaction isn't accepted (anomaly transactions often are questioned/blocked)and you've turned someone else down?

If there was huge demand then would be a consideration but not seen any evidence of this, and as above I've heard that a high proportion are reversed.

[The President]

Pingit app maybe?

[CoolTiger]

Forgot to add.... some card companies can delay paying the cash over to the WGs. 30 days and 45 days are not unheard of.

Could they wait that long to finally get their cash??

[Gigabyte]

Yes but that also means that punters can get credit to punt without going to wonga

[Strawberry]

Pingit app maybe?

That'll work with a cheap PAYG punting phone, NOT.

[Jimmyredcab]

wonder what it would say on your credit card statement?

Sallysucks1 -- Adultwork

[latecomer]

Why not ask her for her sort code and account name and number so you could pay the money in there and then using  your IPad? What could possibly go wrong?

I think my time has come.  I am a retired General from the Nigerian Army and have an interesting proposition for all WGs.  If you would kindly send me your bank account details as above, we can come to a profitable little arrangement.  During my military career I was able to squirrel away several thousand trillion dollars and all I need to provide for the comfortable retirement I deserve is to be able to get this money out of this confounded country.  For your most gracious help I would be prepared to offer you a generous percentage of the proceeds.  However I have some administrative costs in setting up this arrangement so if you could each make an initial payment of a mere $250,000 to me I will .....................

[Strawberry]

izettle doesnt appear to need that much

Taken from the izettle website 2.2 The User shall not use the Service to receive payment for goods and services that (i) contain tobacco and are acquired through the Internet, (ii) relate to pornography, including sex clubs, escort services, prostitution, magazines, videos or images with pornographic content and sex toys in cases where such products are the only products marketed

[Festisio]

The Palace mega-brothel in Frankfurt has an ATM inside which charges 8%.  It made taking out €200 a bit painful however that was more than made up for by the ensuing threesome.

[Tony Montana]

What about something like an Oyster card where you check in at the start and check out when finished, then you only pay for the minutes you have used.

[vorian]

What about something like an Oyster card where you check in at the start and check out when finished, then you only pay for the minutes you have used.

Now that, is a damn good idea 

[willbred]

If I paid on CC, I would be bankrupt within no time at all. I'm married and she keeps a close eye on the joint finances. The only thing that keeps me within bounds is the waiting game of building enough folding up for the next punt.

[punk]

I think my time has come.  I am a retired General from the Nigerian Army and have an interesting proposition for all WGs.  If you would kindly send me your bank account details as above, we can come to a profitable little arrangement.  During my military career I was able to squirrel away several thousand trillion dollars and all I need to provide for the comfortable retirement I deserve is to be able to get this money out of this confounded country.  For your most gracious help I would be prepared to offer you a generous percentage of the proceeds.  However I have some administrative costs in setting up this arrangement so if you could each make an initial payment of a mere $250,000 to me I will .....................

funny enough i just become a nigerian,so if any one needs a go between i'm in, just so that i'm honest my name is goodluck honey.

[punk]

The Palace mega-brothel in Frankfurt has an ATM inside which charges 8%.  It made taking out €200 a bit painful however that was more than made up for by the ensuing threesome.

what a way to get even more of your cash.

[Jerboa]

The Palace mega-brothel in Frankfurt has an ATM inside which charges 8%.  It made taking out €200 a bit painful however that was more than made up for by the ensuing threesome.

The robbing gits! 8%, and if you're using a UK card you will be charged foreign handling fee and a currency fee on top!

Cash is king, not only in the punting industry, I don't believe these stories that cash will be obsolete soon, as has been said why would hookers want to show how much they really earn?

[myothernameis]

I seen some escort agency's, on their web site, there was an option to pay by credit card

[Sosa56]

Bitcoin is the future - 

https://www.ukpunting.com/index.php?topic=21017.0

[mh]

In order to acquire a swiping machine, a bank or credit card machine provider go through loads of questions. In addition, SP may be asked to provide their profit and loss accounts, as well as bank statements.

Even if approved, monthly running costs can be high, including paying up to 5% charge if customers use credit cards (as opposed to a flat fee of 50pence for Debit Card use).
 

Both of these are very true. Until you have tried to become a "merchant" to accept cards you have no idea just how difficult it is. I worked with a non-profit organisation last year who were desperate to be able to take credit cards for the goods they were supplying but they could not get approval. Even if the financial requirements are settled then the PCI (Payment Card Industry) tech standards make it very hard to comply without outright lying about your IT knowledge and setup. As a merchant you could get as low as 3% fee for cards (plus some fixed monthly charges) but most organisations who cannot become direct merchants have to use PayPal etc and lose between 5% and 8% of their money for the privilege. Given that they may be making only 15% margin on the goods they are selling that's half their profit in payment processing costs. Debit cards are more reasonable as long as the goods are not very low cost.

The banks have not woken up to the fact that we need a person to person transfer capability to replace cheques, hence the constant deferment of the demise of the cheque.

[Daffodil]

The robbing gits! 8%, and if you're using a UK card you will be charged foreign handling fee and a currency fee on top!

Cash is king, not only in the punting industry, I don't believe these stories that cash will be obsolete soon, as has been said why would hookers want to show how much they really earn?

And not just hookers