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OnlyFans to block sexually explicit videos starting in October

bloomberg.com

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Re: OnlyFans to block sexually explicit videos starting in October

#231

Post by nonameiguess »

Mindwipe wrote: post #88
ianhawes wrote: post #84

This seems incredibly odd given that OnlyFan's primary payment processor is CCBill, a massive payment processor focused solely on adult content. Here is opportunity #3928 for Stripe to step in and earn their valuation and flex their payment muscle and allow adult payments.

It's very likely the pressure is coming from Visa and MasterCard (especially MC) rather than at the level of CCbill.

This doesn't make any sense at all. Pick a subscription porn site right now, any one, and go try to sign up. You don't have to follow through, just get to the payment page and don't click submit. They all take Visa and MasterCard.

CCbill itself couldn't exist if Visa and MasterCard didn't let it process payments for porn.

Re: OnlyFans to block sexually explicit videos starting in October

#233

Post by didgfehfocu »

emodendroket wrote: post #162
l33t2328 wrote: post #152

Earlier quoted context omitted.

This is absolutely ridiculous. What if they decide people can no longer buy dildos or lube or condoms or guns or alcohol or meat on Fridays? There’s no law with respect to “payment neutrality”??

Why should there be? It seems absurd to MANDATE anyone participate in the sex trade. There are payment processors who specialize in adult content.

Why should it require specialization at all besides that laws pushed by religious conservatives to advance puritan ideals demand it? Don't be a doctor if you aren't willing to help your patient exercise their right to choose and don't be a payment processor if you're not willing to process payments in a neutral fashion. It's rediculous that at a time when equity and #metoo is all the rage that no one is talking about inequity in the law in the form of legal sandbags.

Re: OnlyFans to block sexually explicit videos starting in October

#234

Post by CamperBob2 »

claudiawerner wrote: post #214
scelerat wrote: post #24

Patreon made similar decisions about four years ago when they began to tighten their terms for NSFW creators. https://www.engadget.com/2017-10-27-patreon-adult-content-cr... Much of the pressure came from payment processing partners and banks, much like is described in this article. https://www.vice.com/en/article/vbqwwj/patreon-suspension-of... It seems like for any crowdsourced funding platform there is a volume ca…

Patreon went one step further - if you post content against Patreon's rules anywhere else, even if you don't link to it, if Patreon finds out, they'll ask you to stop doing it, and threaten to suspend your account if you keep doing it. This is why many people who post fetish-y art (even stuff like mind-control kink) moved from Patreon to SubscribeStar. Even erotic roleplay site F-List moved to SubscribeStar.

Patreon went one step further - if you post content against Patreon's rules anywhere else, even if you don't link to it, if Patreon finds out, they'll ask you to stop doing it, and threaten to suspend your account if you keep doing it.

That sounds outrageous. Is there a link to more info about this policy?

Re: OnlyFans to block sexually explicit videos starting in October

#235

Post by barbazoo »

jerf wrote: post #9

So, serious question because I know very little about OnlyFans other than the general knowledge flowing around the internet: What does this leave of the site? Because my impression was certainly that this was the purpose of the site.

Fourth paragraph

> That popularity also brought with it additional scrutiny, and OnlyFans is positioning itself more as a forum for musicians, fitness instructors and chefs than sex workers. While many of its most-popular creators post videos of themselves engaging in sexual behavior, several mainstream celebrities like Bella Thorne, Cardi B and Tyga have also set up accounts.

Re: OnlyFans to block sexually explicit videos starting in October

#236

Post by im3w1l »

perardi wrote: post #207

Wow, you spend years thinking crypto is convoluted nonsense…and then something comes along that impacts a lot of your friends, and you start to change your mind. I have a fair number† of friends and acquaintances who have OnlyFans. Some for side income, some for a substantial portion of their livelihood. And to see that get taken away because the payment processors want them to fall in line…I guess I’m on the crypto…

I'm curious, what fraction of their material, income is nudes (still allowed) and what fraction is sexually explicit?

Re: OnlyFans to block sexually explicit videos starting in October

#238

Post by gumby »

jpeter wrote: post #157
dweekly wrote: post #126

It sure sounds like this was forced on them by their payment processors, not that this was a voluntary move. https://twitter.com/danprimack/status/1428420774449266691?s=...

Why should payment processors force them to. They will make less money

I had a friend who ran a “sexually explicit” site you’ve heard of. He was paying north of 25% to payment processors (compare to less than .2% restaurants pay…though his margins were much bigger).

The payment processors take this attitude because that way they can tell congress they are “doing something about vice”, and in exchange not be subject to undesired regulations.

I suspect this kind of soft pressure is being applied to Apple in the background. Everyone remembers what happened to Joe Nacchio, and resisting such pressure is harder now than it was over the last four years.

Re: OnlyFans to block sexually explicit videos starting in October

#239

Post by bastardoperator »

bcheung wrote: post #96
monocasa wrote: post #36

Earlier quoted context omitted.

Because it's Visa and Mastercard saying no, not the banks.

Visa and Mastercard allow adult. They just force you to pay the "high-risk" category. Which is much higher fees. OF can't get away with only charging models 20% if credit card processing is taking more than half of that. I suspect they are currently not classified as adult and the banks are saying, look, you are almost entirely adult so you have to pay us more.

And this is typically offset by maintaining a rolling-reserve too. Any merchant doing over 200K in transactions is considered high risk.

Re: OnlyFans to block sexually explicit videos starting in October

#240

Post by sosuke »

o_m wrote: post #195
TekMol wrote: post #116

mounting pressure from banking partners and payment providers HN is often sceptical about use cases for crypto beyond speculation. This looks like one.

What is stopping MasterCard and Visa from banning Coinbase and others if this happens

I'm not sure if that would have any effect at all. I put money into Coinbase and pull it out of Coinbase with a bank account. Buying crypto with a credit card isn't a great idea.
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