Why OnlyFans backs down on sexually-explicit content ban

OnlyFans, the online platform that rose to prominence as a space for users to share erotic photos and videos for a subscription fee, went back on its decision to ban explicit content on Wednesday.

The UK-based company surprised its user base last week when it announced that it would be banning sexually explicit content, saying that several key banking companies had threatened to cut ties with the platform.

The reversal came after the company was able to secure the support of its banking partners.

“We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change,” OnlyFans said on Twitter.

The initial decision had been met with anger among users who depend on the subscriptions for their income. The site’s popularity exploded during the coronavirus pandemic as venues closed and people were forced to stay inside.

The decision drew particular criticism from sex workers who said they had built up the success of the platform, paying 20% of their earnings, only to then be abandoned.