Why can't the payment processor just come to an agreement with OnlyFans to hold ... | Hacker News

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		acchow on Aug 19, 2021 \| parent \| context \| favorite \| on: OnlyFans to block sexually explicit videos startin... Why can't the payment processor just come to an agreement with OnlyFans to hold back some reserve funds to cover the high chargeback/fraud rate?

vidarh on Aug 19, 2021 [–]

Because of your chargeback rate is persistently high enough, the payment networks will cut you off irrespective of processor.

If it was just covering the chargebacks it'd be easy.

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