Los Angeles, CA – Online crypto payment service SpankPay is pleased to announce its new “neo-banking” system for adult merchants.

Blockchain transactions create a safe, private and secure way to deposit and withdraw funds, transcending the inefficiencies of legacy financial institutions. Using cryptocurrency systems to keep income protected, merchants will benefit from lower processing fees and no chargeback risks.

SpankPay is a payment solution for adult businesses and those who patronize them. With a global reach, merchants can increase their profits with a low 0.5 percent processing fee and no chargebacks. Multiple cryptocurrencies are accepted and can be withdrawn whenever merchants want, with no waiting period.

As an incentive for merchants, SpankPay is seeking long-term partners with a time-sensitive incentive up to $5,000 in integration costs.

“Traditional banking institutions discriminate against the adult industry, and SpankPay was made to combat this persistent injustice,” said Allie Eve Knox, VP of Sales at SpankChain.

“For merchants, SpankPay offers the lowest fees to date, plus gives their customers total peace of mind, making SpankPay the competitive choice,” Knox added. “Our merchant dashboard makes it easy to set up, accept, and withdraw funds. With a non-discriminating global reach, SpankPay is the new standard for private transaction technology.”

For more information, visit SpankPay.com. Contact Knox via allie@spankchain.com to discuss integration details.

Check out this SpankPay Merchant Explainer video featuring Emily Willis below.