If the party pushing is Visa or Mastercard (of which 'other' processors like Paypal, Venmo, Cashapp are beholden to as well) that would only really leave cryptocurrency, which is a large barrier to taking payments and would likely mean >90% revenue loss anyways.
Reminder that payment processor pressure is what has caused a lot of (legal) art to be pushed off of Patreon[0].
It's not so easy. The obvious candidates all ban adult content, and the ones used by the porn industry are either owned by the same or take cuts that make the AppStore look reasonable.
Taking a 30% cut doesn’t seem that bad compared to the alternative. Why lose 90% of your revenue and all your profit just to not give a 30 or 40% cut to shitty middle man?
Unless Onlyfans actually has some decent traction outside sexual stuff. I find that hard to believe. If photos are still allowed, that’s something. But still.
From what I understand OnlyFans has essentially no other product except for this type of content though. So I would have assumed negotiating with one of these processors for a somewhat more reasonable contract despite higher fees would still be more lucrative than giving up what seems to be their core business and revenue stream.
