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What is OnlyFans?
OnlyFans is a subscription-based business that provides access to picture and video content that is mostly of a private nature. It is based in London. Les « fans » are users who subscribe to a piece of content and therefore earn money for the creators of that piece of content. A monthly subscription to the site, as well as one-time donations and the ability to accept payments at the point of sale, allows content creators to receive funds directly from their followers.
However, it also hosts the work of other content creators such as fitness gurus, musicians, and a variety of other individuals that publish on a regular basis on the internet.
onlyfans History
OnlyFans was launched in September 2016 as a platform that allows musicians and actors to share video snippets and pictures with subscribers who pay a monthly subscription fee to access the content. Timothy Stokely founded the company with the assistance of his older brother, Thomas, and with the assistance of a loan of 10,000 pounds from his father, Guy Stokely. OnlyFans has promoted Thomas to the position of director of operations, while his father has been promoted to the position of director of finance.
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Does Onlyfans take payments from PayPal?
Onlyfans is not accepting payments in PayPal. Currently, the only means for OnlyFan’s founders in the US to withdraw funds would be ACH to a bank account.
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To date, OnlyFans doesn’t accept any type of gift card. OnlyFans only accepts payment from MasterCard prepaid cards, credit cards, Discover cards, Visa cards. Besides, OnlyFans doesn’t take payments from PayPal so in case you are a creator on OnlyFans, the banks are your only mode hub of payment available.
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