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That should be a myth by now. Would be interesting if e.g. Stripe could share the fraud statistics for onlyfans. The banks probably do this purely to keep up ap
by cblconfederate 5y ago
That should be a myth by now. Would be interesting if e.g. Stripe could share the fraud statistics for onlyfans. The banks probably do this purely to keep up appearances and avoid potential bad PR.
- imglorp 5y agoI don't understand who appointed the banks became the keepers of puritanical propriety. They're terrified someone might see a boob or buy some weed, and the weight of the world rests on the banks to prevent that from happening.
- paulgb 5y ago> I don't understand who appointed the banks became the keepers of puritanical propriety. Congress, for one. There's a history of bills that are meant to target trafficking scooping up consensual practices as well (see also the Mann Act, SESTA/FOSTA). I'm not sure how influential the threat of something like this was here, but it can't help: https://www.huffpost.com/entry/human-trafficking-banking-bill-sex-workers_n_5b045577e4b0740c25e5efd1 https://www.huffpost.com/entry/human-trafficking-banking-bil...
- ryandvm 5y agoIt's probably not fraud so much as it is chargebacks from guys whose wives are asking "wtf is this OnlyFans charge?!?" "Ah shit, honey. Somebody must have stolen my card."
- cblconfederate 5y agothat's the popular myth. is there evidence for that?
- CheezeIt 5y agoThis was targeted illegally by the administration under Operation Choke Point, and I would hazard to guess something similar is happening again now.