Electracash is an automated clearing house (ACH) payment processing service for direct banking. Under the terms of the deal, they will provide TabooRevenue webmaster members with direct deposit options on affiliate-earned commissions.
Parent company Trackingsoft, LLC, a tracking solutions provider, went live with a beta version of TabooRevenue in early October, calling itself an "adult webmaster meet market."
The new site is designed to be a third-party nexus point for webmasters, sponsors, and advertisers to connect and promote special offers to the webmaster community.
"We make sure that the sponsors are not doing any shaving off the commissions or cheating webmasters, and that the webmasters are actually providing the services they have promised to provide," Beth Belcher of TrackingSoft told XBiz.
According to Belcher, the addition of Electracash provides a more secure way for webmasters to receive commission payments rather than dealing with snail mail, which can sometimes be fraught with theft and inaccuracy.
Belcher told XBiz that with the addition of Electracash, TabooRevenue webmasters can also request that commission payments be divided among several different accounts and, in some cases, between different financial institutions.
In addition to serving as a central location for sponsors and webmasters, TabooRevenue provides regular updated offers from adult entertainment businesses and a list of featured webmasters and sponsors each week, top performers, and top paying programs.
The idea for TabooRevenue was first introduced at this year's Internext event in Hollywood, Florida, Belcher told XBiz.
According to Belcher, the response from sponsors and affiliates was "overwhelming," and soon after TabooRevenue was brought to life.
"The ability to pay webmaster commissions via direct deposit offers them an added sense of security in ensuring prompt delivery of payment and removing the fear of interception," said Belcher.