by user241 » Tue Mar 26, 2024 10:27 pm
According to
ared38 from r/answers, when asked why OnlyFans was doing this in response to payment processors going anti-nsfw:
It's financial, not moral.
You know how you can dispute fraudulent credit card charges? When that happens, the payment processor has to give money back to the credit card company. This is called a chargeback. Payment processors know how often it happens on average and bake it into the fees they charge businesses like OnlyFans.
The problem is that OnlyFans gets a lot more chargebacks than average. Part of it is being in the porn industry -- people get embarrassed when their spouse sees it in the credit card statement and claim it was fraudulent, or kids steal their parents cards. But for OnlyFans in particular, people were using chargebacks to scam performers. You could pay, download all the content, and then dispute the credit card charge to essentially get it for free.
This makes OnlyFans a very unattractive customer for payment processors. The high number of chargebacks creates a ton of work and throws off the heuristics they have to predict fraudulent charges. And if there are enough, the credit card companies might ban the payment processor from running their cards, effectively putting them out of business (this is why there's not a niche payment processor for porn, even though the demand is there).
Sidenote: OnlyFans could theoretically keep selling porn and process payments itself, but it's not likely. It involves a ton of regulations and requires keeping very big and powerful companies happy. There's a reason Stripe is worth billions of dollars.
In my opinion, I think you could open any subscriber support page, like Patreon, Ko-Fi, subscribestar etc. and post only SFW art there as a diversion. Create your own website that has the NSFW stuff, with these instructions for those who want to access them:
1. Make an account on Patreon, Ko-Fi, subscribestar etc.
2. Subscribe to your SFW account using the email you want to login here with
3. Ask you for an account with that email
4. Once you verify that the person with the email is one of your subscribers, then you can give them access.
According to [url=https://www.reddit.com/r/answers/comments/p7sypd/comment/h9mth87/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button]ared38 from r/answers[/url], when asked why OnlyFans was doing this in response to payment processors going anti-nsfw:
[i]It's financial, not moral.
You know how you can dispute fraudulent credit card charges? When that happens, the payment processor has to give money back to the credit card company. This is called a chargeback. Payment processors know how often it happens on average and bake it into the fees they charge businesses like OnlyFans.
The problem is that OnlyFans gets a lot more chargebacks than average. Part of it is being in the porn industry -- people get embarrassed when their spouse sees it in the credit card statement and claim it was fraudulent, or kids steal their parents cards. But for OnlyFans in particular, people were using chargebacks to scam performers. You could pay, download all the content, and then dispute the credit card charge to essentially get it for free.
This makes OnlyFans a very unattractive customer for payment processors. The high number of chargebacks creates a ton of work and throws off the heuristics they have to predict fraudulent charges. And if there are enough, the credit card companies might ban the payment processor from running their cards, effectively putting them out of business (this is why there's not a niche payment processor for porn, even though the demand is there).
Sidenote: OnlyFans could theoretically keep selling porn and process payments itself, but it's not likely. It involves a ton of regulations and requires keeping very big and powerful companies happy. There's a reason Stripe is worth billions of dollars.
[/i]
In my opinion, I think you could open any subscriber support page, like Patreon, Ko-Fi, subscribestar etc. and post only SFW art there as a diversion. Create your own website that has the NSFW stuff, with these instructions for those who want to access them:
1. Make an account on Patreon, Ko-Fi, subscribestar etc.
2. Subscribe to your SFW account using the email you want to login here with
3. Ask you for an account with that email
4. Once you verify that the person with the email is one of your subscribers, then you can give them access.