Payment processing for adult streaming sites requires a high risk payment processor. The unique billing model for subscribers paired with payments for entertainers, make adult streaming a unique website type for most banks to support. Nonetheless, there are companies like Zen Payment who are dedicated to finding payment processing solutions for new or existing companies in the adult online entertainment space.
Accepting credit cards for adult streaming sites is no easy task because of regulations in the banking industry. The companies that ultimately make the decision to give someone the ability to accept credit cards are banks, and each has their own rulebook on what they allow.
This means if you want to open a new adult website that takes payments from customers and sends funds to streamers then you need to find a banking entity that allows for that exact service.
Answer these questions and provide any other documents they request so they can put together a file for your adult streaming website.
OnlyFans’ merchant account has had issues over the years, but in the end they have found high risk merchant accounts to support their model. The problem they’ve encountered is on the payout end, because entertainers who make money also should receive a payment. As a result, some banks would require every single entertainer with a profile to create their own merchant account because they are the ones receiving a monetary exchange, and this is ridiculously impractical for adult streaming.
The good news is sites like OnlyFans come to companies like Zen Payments to get the custom adult merchant account they need to run a successful business.