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OnlyFans, the popular online platform that has over 130 million users, say they are banning sexually explicit content starting October 1.
The company, which largely grew in popularity for hosting sexually explicit material, is pulling the plug "to comply with the requests of our banking partners and payout providers," according to a statement provided to Variety.
The statement also says, "OnlyFans will prohibit the posting of any content containing sexually explicit conduct. In order to ensure the long-term sustainability of the platform, and to continue to host an inclusive community of creators and fans, we must evolve our content guidelines."
According to OnlyFans, content creators will still be allowed to post nudity "except in the case of content featuring public nudity recorded in or broadcast from a jurisdiction where public nudity is illegal," according to the site's terms of service.
OnlyFans says it has paid out over $5 billion to content creators. The company keeps 20% of revenue. The site has been praised for giving sex workers an outlet to earn income in a safer environment, and many of its most popular creators are those who sell nude photos and videos.