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by ItsTooMuch 1380 days ago
There are special payment processors catering to porn/etc, but the problem is that they require extremely large collateral and have other unusual requirements that are untenable to new businesses. Most probably they won't even talk to a startup (I tried, didn't get a reply). There's a reason why startups like OnlyFans used normal payment processors and tried to convince them they're not porn instead of beginning with these specialized ones.

Edit: BTW, a large portion of seemingly independent porn sites are actually run by only few companies. Especially the Xvideos corporation.

1 comments

So we should pivot to building an open source payment processor for porn?
A payment processor is an entity that handles bureaucracy. It's not a piece of software you can run and forget about. It is many people working around the clock taking phone calls.
I should have been clearer and said "software to aid in running a payment processor" but I used "payment processor" as a shorthand. Just as "open-source Amazon" is shorthand for "software to aid in running an entity like Amazon."