Bank transfer as a payment method for webcam models
Accepting payments by bank transfer
Many webcams that support live webcasts support bank transfer payouts. He usually only uses models outside the US, because bank transfer fees in the US are insanely high. For models in other countries, this may be one of the few ways to receive payouts. Here are the networks that support bank transfer payments.
Cashless transfers generally have higher transfer fees
Bank transfers generally have higher transfer fees compared to other supported payout types. This is because bank transfers are also more expensive for payout networks. This is especially true in countries such as the United States. Networks that keep bank transfer fees low usually come with higher minimum payouts that reduce overhead.
Bank transfers generally have higher minimum payouts
Bank transfers also generally have higher minimum payouts. This is due to the costs associated with bank transfer payments. Networks also may not support such frequent bank transfer payouts compared to other types of payouts. If you want your money more often, you may want to consider an alternative payout method.
See also: Paxum as a payment method