In recent years Bitcoin payments have become one of the top choices for how to pay at cam sites, or directly to camgirls. The digital payment tech provides discreet and safe payments that can’t be reversed, or repeated without permission.

Therefore the surprise announcement by camgirl-friendly crypto payment processor SpankPay that they are closing down raises questions for those cam sites using them to receive payments. What choices cam sites and camgirls now have to receive bitcoin payments for their services is in flux. Although SpankPay was not the most popular crypto payment gateway it did have a following, and those using it will now be hurrying to find alternatives.

With up to 10% of payments to camsites being via crypto, and with the amount growing, no camsite is doing to be without their crypto payment system, or gateway, in place. Offering a wide range of payment options allows more people to be comfortable paying.

SpankPay was one of the crypto payment gateways that allowed viewers to pay for their tips or tokens at webcam girl sites using digital currency such as bitcoin, instead of credit card or wire transfers.

Cryptocurrency payments are popular with some camgirl viewers because they are more secure, and more private, and avoid having a camgirl site name appear however obscurely on a credit card bill.

Bitcoin and other coin payments are also inherently once-only, so there is no danger of having a disreputable website charge you might than they should, or initiating charges without the buyers’ consent.

Ultimately paying with bitcoin avoids the whole “I’m not comfortable giving my card details to a porn site” issue as you pay the porn site with bitcoin, and you get your bitcoin from a reputable exchange or financial institution.

Previously SpankPay provided payment handling via Bitcoin for not only independent cam girls, but also for cam sites including Flirt4free.

After checking out the payment methods at Flirt4Free I could no longer see the choice to buy with BTC via SpankPay. Instead, they have a Bitcoin payment option that is processed by another crypto payment gateway.

Many camgirls who were using SpankPay to accept direct payments as well as other sites using the service will now be hurrying to find different ways to accept payments via digital currencies.

Camgirls and cam sites like to offer these payment options as an alternative to cards because they increase privacy and security for their customers. Without them, there is a danger of losing customers. Both new customers who want this type of privacy and existing ones who don’t want to switch to card payments are liable to be lost as regular customers

The decision by SpankPay to close its services comes during a time when there is a brutal crackdown on crypto payment systems and any business that is related to crypto. Given the ongoing crackdown on any form of adult entertainment, this is a double whammy for cam sites.

While porn is a legitimate and legal business, and camgirl services are equally allowed in most countries, the conservatism of the banking and payment industries makes it hard to conduct business normally.

Will Flirt4Free has continued to offer BTC payments using an alternative gateway there are individual camgirls who may not be able to do the same thing.

Are you a cam girl viewer and affected by this change in the way you can pay cam girls? If this has affected you then let me know in the comments!

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