Is Stripe going to ban Onlyfans for processing adult content payments?

Question

Seems like onlyfans is primarily in the adult content business, however, they appear to use stripe to process payments. Most card processors have clauses against supporting this type of activity, but it appears that Stripe is probably making a ton of money, given the growth of Onlyfans.

RickS · Accepted Answer

This was asked recently: https://news.ycombinator.com/item?id=24291790
Relevant answer: https://news.ycombinator.com/item?id=24294801
TLDR: onlyfans uses multiple payment processors, and presumably shuffles customers to different ones based on risk. The adult payments likely don't go through stripe.

Is Stripe going to ban Onlyfans for processing adult content payments?

Seems like onlyfans is primarily in the adult content business, however, they appear to use stripe to process payments. Most card processors have clauses against supporting this type of activity, but it appears that Stripe is probably making a ton of money, given the growth of Onlyfans.

This was asked recently: https://news.ycombinator.com/item?id=24291790Relevant answer: https://news.ycombinator.com/item?id=24294801TLDR: onlyfans uses multiple payment processors, and presumably shuffles customers to different ones based on risk. The adult payments likely don't go through stripe.