OnlyFans has ditched plans to ban pornography from its service, less than a week after the U.K. content-creator subscription site had announced the change. The reason for the change being, ‘the need to comply with policies of banking partners.’
The reversal of the shocker announcement was said in an abrupt tweet. A OnlyFans spokesperson said “The proposed October 1st, 2021 changes are no longer required due to banking partners’ assurances that OnlyFans can support all genres of creators.”
The spokesperson declined to say which bank or banks it has new or renewed payment-processing agreements with. OnlyFans founder and CEO Tim Stokely put the blame for the porn ban on banks in an interview with the Financial Times published Aug. 24, saying that banks including JP Morgan Chase, Bank of New York Mellon and the U.K.’s Metro Bank had cut off OnlyFans’ ability to pay creators.
The furious backlash among OnlyFans creators pushed the company to quickly resolve the problem. OnlyFans’ decision to ban porn had infuriated sex workers who have relied on the site to support themselves.