Onlyfans just sent out an email confirming sexual content will be banned and that it is in fact due to pressure from the financial institutions.
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It is a problem for pornhub. The payment processors banned pornhub some months ago, and this is probably part of why Onlyfans is so scared.
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Kind of doesn't make sense to me. Why did they offer payment processing services in the first place? Are there literally no payment processors that will provide services now? How do porn sites do it?
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laundering mexican cartel money - ok
managing sex workers money - nope
Ok banks, I see you
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My suspicion is that they are having bad internal communication at the company; OF support has historically given contradicting information. I got an email from a pretty high-up person at OF who confirmed the original statement for me with no indication it was app-only.
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