OnlyFans currently uses Stripe as their payment processor. The aggregate merchant account provider makes special exceptions for the high-volume adult content provider. In the past, card companies like Visa and Mastercard have cracked down on the industry. These changes almost caused OnlyFans to drop their adult content altogether.
Why OnlyFans Struggles With Payment Processing
Like most adult content streaming companies, their products and content providers are hard to regulate. OnlyFans currently has around 1.5 million creators and over 170 million registered subscribers. With numbers like these, it takes a great deal of internal resources to monitor, and correct illicit behavior.
Chargebacks On Adult Sites
The chargeback rates for adult content are historically very high for reasons that seem quite common. Some customers make clandestine transactions and later realize the charge shows up on their credit card statement. To delete the transaction altogether they file for a which ends up as a relinquished payment.
