KinkBomb Payout Woes: Bill.com Partners With Mainstream Bank

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KinkBomb Payouts Compromised: Bill.com Goes Mainstream

It’s a story we’ve all heard before. Companies that used to cater to adult businesses creasing to do so due to partnerships with mainstream. Sometimes it’s due to acquisitions, sometimes the company in question was only using adult as a stepping stone to gain traction. In this case, Bill.com just partnered with a mainstream bank and is ceasing to deal with high-risk verticals. KinkBomb made the announcement in an email:

 

Email Sent By KinkBomb:

Dear Studio Partners,

After almost ten very successful years, our partnership with payment provider Bill.com has come to an end.

Our efficient integration allowed Kinkbomb.com to maintain the fastest and most robust payout solutions in the industry. We were informed that due to Bill.com partnering with some mainstream banks, they would no longer be able to service the adult industry; something most of us have heard way too often. We were blindsided by the announcement. All good things must come to an end.

Kinkbomb has been researching and working with other payment options to hopefully continue the service our partners have become accustomed to. Please ensure your current payment information is up to date in your StudioZone. You can update this information HERE (tax ID is not necessary for non US Studios).

We ask for some patience as we work through this process over the next couple of months. There may be some delays in payment and you may be asked to re-enter payment data. We appreciate your patience during this transition time.

Thank you,
-Joshua

Team Kinkbomb

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