Electronic Payments for Sex Workers
Why Shouldn’t You Pay an Escort in Cash?
In a world where everything has become electronic, cash has become obsolete, specially in the UK. Paying big amounts of cash is seen as suspicious and strange unless you’re a tourist exchanging your home country currency into british pounds. You cannot buy a house nor a car in cash – if you do you’ll need to prove where the funds came from. You do need your money in your bank account in order to buy these things.
For this reason, London based escorts should consider charging their clients with a dataphon upon meeting or accepting bank transfers. Putting too much cash into your bank account may raise red flags and you may get your account frozen if they suspect you’re doing something illegal – which prostitution itself is NOT illegal in this country but money laundering or not paying your taxes IS.
If you’re putting your money into your bank, you’ll need to pay taxes on it but you’ll get a lot of benefits: like social security benefits – NHS service or retirement pension – and being able to buy a house or a car. Also electronic payments are a good way of keeping track of your income and expenses, and have personal savings.
That’s why you as a client should be open about the idea of paying electronically to the world’s oldest profession. If you pay your coffee, your food or your flight tickets using a credit card, why not do the same for companionship? Discretion is very important, so providers will use a discreet business name which won’t get you in trouble with your significant other – in case you have one.