Webcam 1 2 1 sex

by  |  18-Jun-2015 18:27

Every single webcam transaction passes through – and profits – the banking system.

According to Varwijk, the banking system charges between 7 per cent and 15 per cent for providing payment facilities – much more than the 2 per cent to 3 per cent they usually charge.

This is supposed to be justified by the greater risk of fraud associated with the credit cards used to pay for webcam sessions.

But Varwijk, who has run for 15 years, claims that only 0.03 per cent of transactions result in chargebacks.

He estimates that profits for webcam hosting sites could reach up to $3bn (£2.4bn) in 2016 alone.

executive Harry Varwijk estimates that profits yielded by webcam hosting will reach $10bn by 2020.

The majority of performers are women, but there are also male and transgender performers.

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