No idea how this will play out, but this is very reminiscent of Yahoo and Tumblr: https://www.wired.co.uk/article/tumblr-sold-to-wordpress
OnlyFans to block sexually explicit videos starting in October
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Re: OnlyFans to block sexually explicit videos starting in October
#92This 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.
Stripe's hands are tied - they need financial services to operate and banks (and CC processors) are the ones pushing down these puritanical values.
Re: OnlyFans to block sexually explicit videos starting in October
#93Patreon 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…
I assume this will lead to Onlyfans's effective death, much as Tumblr's porn ban seems to have led to, or hastened, its death. Reddit seems to have resisted whatever calls it must be getting to eliminate porn. So far at least. It will ban or quarantine some heretical ideas, but porn is still there.
Reddit's gone to lengths to hide it, so casual users aren't hitting it by accident two clicks off an unrelated Google search result page, not on "/r/all", which gets advertisers what they want, without the uproar that banning porn would cause.
Re: OnlyFans to block sexually explicit videos starting in October
#94This is going to be corporate suicide on a greater scale than Tumblr's policy.
I say greater because OnlyFans is/was still on a massive upswing whereas Tumblr was 10 years past its peak already when the nails went in the coffin.
Edit: I understand this is supposedly not their choice.
Re: OnlyFans to block sexually explicit videos starting in October
#95April 1st in August?
Re: OnlyFans to block sexually explicit videos starting in October
#96Why can't these websites simply find other banks to do business with? I mean also overseas, for sure the extra costs (if any) are better than basically killing the golden goose. The odds of Onlyfans becoming the huge phenomenon that it is were so slim, it seems like a waste of luck to just throw it all away because of banking problems.
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.
Re: OnlyFans to block sexually explicit videos starting in October
#97This doesn't make any sense. It's like if the Food Network suddenly announced that due to mounting pressure from advertisers, they would no longer be airing any cooking shows.
Re: OnlyFans to block sexually explicit videos starting in October
#98Are there any major non-porn OnlyFans creators? I’ve never seen it referenced outside of adult content.
I don't know where to find a trustworthy list, but I've read that several of the biggest ones are fitness influencers and personal trainers who do preview videos on Instagram/YouTube/Twitch and use OnlyFans to post the full routine/program and provide individual consultation. Granted, there's not exactly a bright line between fitness content and softcore porn, but they're typically not put in the same category for administrative/policy purposes.
Re: OnlyFans to block sexually explicit videos starting in October
#99Patreon 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…
So basically this just begs for the owners to create two clearly differentiated brands: (1) the current one will probably die like Tumblr but they have some high-profile non-porn creators so I think they will keep going for a while, (2) the second one geared towards porn mainly and accepting alternative payment methods like Webmoney, Paysafecard and others. They can start accepting credit cards and Paypal initially to gain users, and when the pressure builds up, drop the banks and hope that the users are so attached to their content they'll use the alternative methods.
Re: OnlyFans to block sexually explicit videos starting in October
#100This is racism against womyn and sexy workers.