Onlyfans is.... unbanning porn? My guess is they thought complying with financial systems wouldn't be worth keeping porn. Then, when they banned it, their numbers dropped more than they thought and they realized compliance *was* worth keeping porn.
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Either way its annoying whiplash for me, I just spent the last few days working on a lot of stuff in preparation for the change and now I gotta spend more days undoing all of it.
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It's crazy when you think about it. Payment processors should just stay invisible in the background and just collect $$$. Why do they try to morally police people's transactions without being forced by the law, drawing anger? Who's the driving force behind this puritanism?
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OF will delay their IPO and instead keep making money of you guys. They figured this is more profitable than becoming a public traded company on NYSE. #onlyfans -
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Or it was just a pr stunt to get the words onlyfans on every digital news outlet
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This is an interesting theory that I had not thought of. Could be true. Hmmm.
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Why is it even in Mastercard etc.'s interest to ban people from using them to buy porn?
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Charge back costs are massive (and adult content is by far the biggest source of it) and their other partners (some of which are magnitude bigger than OF) may not want to be affiliated with that kind of content.
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