Yes except there's one major legal difference: selling marijuana is (for now) a federal crime and selling naked photos is not. So AML regulations do actually prohibit banks/payment processors from servicing marijuana businesses but they do not prohibit them from servicing OnlyFans.
Yeah, exactly. Underage performers, revenge porn, nonconsensual stuff. These are common problems for every other site with adult content so why would they be immune.
I don't know much about OnlyFans, but isn't it mostly solo performances, where the performer is the channel owner? And every viewer is paying?
That would mean you just have to confirm performer, photo ID and bank account all match. And the cost of any manual checks can be funded by your margin on the viewers' payments.
I’m sure you’re right. But the same is probably true for Reddit and YouTube and Amazon but for some reason Visa and MasterCard don’t seem so concerned...
Well, all of them have been forced to curtail some kinds of content in response to outside pressure as well. OnlyFans is just unique in being all-in on this one kind.