Buggers the business, don’t it?

OnlyFans, the subscription website often associated with pornography, is banning “sexually explicit” content at the request of its bankers.

The company, founded in 2016 by Essex-born chief executive Tim Stokely, said on Thursday it will “prohibit the posting of any content containing sexually-explicit conduct” from October 1.

12 thoughts on “Buggers the business, don’t it?”

  1. “Businessmen” dumb enough to abolish their own business.

    Even the dimmest who might get such a job must see you cant get even “woke” money if you just abolished your actual reason for customers to call. Or do they think the heirs of Mary Whitehouse are going to send them cash on a “thank you” basis. Forever.

    How do such clowns seem to rise high in business? Murphy is a prize idiot. But he isn’t in any high place. How did this company end in the grip of reality-free buffoons?

  2. It’s a bit of a mess. Rumours about the owner wanting to get a stonking IPO, and so making it more palatable for investors, something about the issues with payment gateways.

    But plenty of people have similar software for non-porn purposes and could easily set up a rival. Switch all payments to crypto to bypass the likes of Visa.

  3. Read the piece, Ecksy. ” at the request of its bankers”. There’s lots of things that are “not approved of” have had their financial services terminated by woke banking. It’s almost impossible to get round. One that I’m aware of has gone over to Bitcoin. How that’s working out for them I don’t know. I know I’m not going to get involved in all the intricacies of a Bitcoin wallet & buying the things over a 20 buck subscription.
    I’m sort of hoping Wise (was Transferwise) isn’t going to go along with this shit. That’s who handles al my payments, these days. But Wise could see itself being blocked out if it doesn’t. PayPal has.

  4. Here Ecksy: “It added: “These changes are to comply with the requests of our banking partners and payout providers”.”

    The banks tend not to give a toss, but the “payout providers” ( read: Paypal et.al. ) are on a rampage currently.
    Scratch that.. they’ve been at it for the past years, it’s just that the targets have become bigger and more “newsworthy”.

  5. . . . but the “payout providers” ( read: Paypal et.al. ) are on a rampage currently . . .

    There ought to be some class action lawsuits / anti trust actions against these fuckers. Given that we don’t live in a libertarian utopia (and never will) it should be against the law to deny basic financial services to legal enterprises.

  6. Was it a similar issue with the states legalising marijuana, the bank system is federal so it was still illegal at federal level so the now legal businesses had problems setting up bank accounts

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