Verotel Now Accepting Bitcoin

AMSTERDAM — Internet payment service provider Verotel is now accepting bitcoin payments through BitPay.com.

The bitcoin payment option currently is in beta for some merchants; all Verotel clients will be able to use it by March 15.

"No credit card needed to access adult content online is a no-brainer," said Jason Collins, Verotel's vice president of business development. "There is no credit card statement and there are no disputed charges by the spouse of the cardholder. An ideal world for any adult entertainment consumer."

Integration of bitcoin in the Verotel platform is already done, Collins said. Merchants can simply enable the bitcoin payment option in the Verotel Control Center.

Verotel takes a flat fee of 1 percent of all bitcoin transactions, and payments are scheduled weekly payable in U.S. dollars, euros or British pounds.

Verotel, however, isn't using bitcoin as a payout currency for now, only because of its volatile exchange rate. Instead, bitcoin transactions are converted into each individual merchant's currency at the time of the transaction.

Tony Gallippi, BitPay co-founder and CEO, said that he believes that BitPay's order volume will increase significantly with this new partnership with Verotel.

"We are proud to share our powerful, reliable and scalable tools to accept bitcoin with the high risk industry," he said.

Verotel is based in Amsterdam, with offices elsewhere in the Netherlands and in the U.K. and Czech Republic. Verotel, established in 1998, processes credit card transactions in more than 60 currencies from 50,000 online clients.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

New EU User Stats Could Reclassify Major Adult Sites Under DSA

Three high-traffic adult sites previously classified as “very large online platforms” under the European Union’s Digital Services Act are reporting user numbers below the threshold for that label, opening the way for possible downgrading of their obligations under that law.

Spicerack Launches 'SpicyFanz' Creator Monetization Platform

Adult product marketplace Spicerack Market has launched its SpicyFanz creator monetization platform.

Singapore Livestreamer Jailed for Performing 'Obscene Acts' in Public

A judge in Singapore on Thursday sentenced a Vietnamese woman to three weeks in jail for livestreaming “obscene acts” from a public area.

FSC Withdraws Support for North Dakota AV Bill

The Free Speech Coalition (FSC) has withdrawn its support for an age verification bill in North Dakota, following changes made by the state legislature.

APClips Launches New Blog

APClips has launched a blog, AmateurPorn.com.

Centrobill Launches 'Max' Payment Suite

Payment processing service Centrobill has launched its new Max Suite toolkit.

AEBN Publishes Popular Searches by Country for December, January

AEBN has released the list of popular searches from its straight and gay theaters by country in December and January.

South Dakota Legislators Debate AV Legal Strategies

The South Dakota state Senate Judiciary Committee on Tuesday heard testimony and debate over two competing age verification bills, in a hearing that focused largely on which piece of legislation could best withstand potential legal challenges.

Mobile OnlyFans Management Platform 'TopCreator' Launches

Mobile OnlyFans management and chat platform TopCreator has launched.

JustFor.fans Marks Its 7th Anniversary With Palm Springs Conference

JustFor.fans is celebrating its seventh anniversary with a four-day conference and party in Palm Springs May 18-21.

Show More