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by bcheung 1762 days ago
Were they getting their credit card processing in the non-adult category. I know a bunch of adult credit card processors are in the range of 12-15% and OF only takes 20%. Maybe that is why they are cracking down on them.

There are plenty of porn sites out there operating legally, wonder why the banks are giving them issue.

My guess is that they presented themselves to banks as just ordinary non-adult transactions and now the banks are seeing that they are almost entirely adult so they want to put them into the higher and more expensive "high-risk" category and OF won't be able to get away with only taking 20% from the models.

I guess I'm getting back into the adult website game. I work with tons of adult models as a photographer and got out of making websites due to OnlyFans.

2 comments

Their primary payments processor was CCBill, so no, they were using "adult proof" providers. I think there's something going on on the adult payments industry that I don't know about.

Either PornHub/OF got too big even for CCBill's approach to dealing with fraud, or CCBill is pulling the plug on websites that take market away from "traditional porn" probably because of pressure from the later.

Probably more pressure from banks related to payouts, then processing.

Money laundering and tax avoidance is a big deal and if OF isn't going out of their way to make everyone happy then they have a potentially multi-billion dollar a year money laundering business going on.

I always felt like adult websites were tech unsavvy. Like they usually designed the site with plenty of love and care, but the structures holding that design up felt notably behind-the-times. Got a take on that?
The cliché is the inverse. Porn is always the first industry in making use of new technologies. VHS, DVD, www, streaming video etc.
Used to be the case. They are far behind now. Just read the docs for CCBill. Most of adult is still PHP even for new stuff. And they usually work on the servers directly instead of using version control and staging servers. Only the really bigger adult companies adopt a modicum of modern programming practices.