CNN Business: Why did OnlyFans ban sexually explicit content? It says it’s the credit card companies

Originally Published at CNN Business

By Brian Fung


OnlyFans’ decision to attribute its policy change to payment companies reflects how the financial sector has increasingly leaned against sites that share adult content. But the issue, they say, is not one of mere prudishness, but legal exposure.

“I think we’re on the verge of a cultural shift in the finance industry that takes this issue far more seriously,” said Haley McNamara, VP of the National Center on Sexual Exploitation, an advocacy group that last year began pressuring payment companies to act more aggressively on abusive sexual content.

Credit card companies are growing increasingly conscious of their own potential legal exposure, McNamara added, if they are accused of facilitating sex trafficking or the spread of child sexual abuse material.

“Mastercard is the most proactive, [but] we’ve had conversations with Visa and other credit card [networks] as well,” said McNamara. “A number of payment processors are waiting to see how Mastercard’s policies fare.”

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The Numbers

300+

NCOSE leads the Coalition to End Sexual Exploitation with over 300 member organizations.

100+

The National Center on Sexual Exploitation has had over 100 policy victories since 2010. Each victory promotes human dignity above exploitation.

93

NCOSE’s activism campaigns and victories have made headlines around the globe. Averaging 93 mentions per week by media outlets and shows such as Today, CNN, The New York Times, BBC News, USA Today, Fox News and more.

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