So I just got this email from Traffic Pimps. Is this just because of the Bank & Processor they use? Or is this going to be the new normal for all programs?? I don't really promote them at all, so, I won't be providing any of this, but, if other programs start requiring this shit, I can see things getting bad really quickly.
Here's the full email:
Thank you for continuing as an affiliate to TrafficPimps, the home of CherryPimps, WildonCam, Pimp.XXX and more.
As you are likely aware there have been more and more regulations and restrictions placed on our business and I am emailing you today to make you aware of some new and more stringent payment regulations that fall under the category of Know Your Customer (KYC).
Our banks and payment solution providers are requiring detailed information about the individuals and companies that we are paying for services and intangible products. In order for us to be in compliance with these tightening regulations, we are required to ask you to provide the appropriate documents from the list below.
REQUIREMENTS FOR ALL INDIVIDUALS
- Passport or state issued ID
- Proof of address (utility bill or similar)
- W9 (US Only)
- W8 Ben (non-US)
REQUIREMENTS FOR US DOMESTIC COMPANIES
- Documentation that clearly states the names of each owner/shareholder of the Company and the percentage of ownership interest of each shareholder/owner. Example documentation includes Articles of Incorporation, Articles of Association, Bylaws or an Operating Agreement.
- Certificate of Formation
- IRS Assignment Notification (EIN)
Individuals listed as stockholders or members on any of the above need to provide-
- Passport or state issued ID
- Proof of address (utility bill or similar)
- W9 (US Only)
REQUIREMENTS FOR INTERNATIONAL COMPANIES
- Local standard documents regarding business formation that includes information about the ultimate beneficiary or beneficiaries.
Individuals listed as stockholders or members on any of the above need to provide-
- Passport or state issued ID
- Proof of address (utility bill or similar)
- W8 Ben (non-US)
FOR ALL ENTITIES - DOMESTIC AND INTERNATIONAL
- If the company that is being paid is owned by another company, the same documents should be submitted for the parent company.
We understand this is not an easy or agreeable requirement, but this is something beyond our control and will only help to prevent fraud and protect our business further. We will also contact you directly to work through this process. We will unfortunately not be able to process any payments until we receive the required information.
You can log directly into your TrafficPimps account to sunit your information on the My Account page: TrafficPimps - My Account
...or Send the required information direct to: TrafficPimps - Accounting
Again my apologies for this request, but it is out of our hands and hope that we can continue to work together.
If you have questions you can reach us my email or skype to discuss. TrafficPimps - Contact Us
Thanks in advance.
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