OnlyFans overturns decision to ban sex content
The OnlyFans platform has become hugely popular due to the explicit content, but this has not been liked by a number of large banks.
This forced the firm to change its policy and ban “sexually explicit behaviour” after the Bank of New York Mellon, Metro Bank and JPMorgan Chase refused to provide services to users of the platform.
However, on August 25, OnlyFans announced that they had cancelled this decision.
A spokesperson for OnlyFans told TechCrunch that the proposed changes on October 1, 2021, are no longer in effect as some banking partners have assured OnlyFans can support all genres of content creators.
The decision to ban sexually explicit content has greatly disappointed sex workers who rely on the platform for financial support, especially during quarantine. After the content was banned, some users have already deleted their OnlyFans accounts and switched to other services.