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QUESTION

How does OnlyFans process payments to creators?

ANSWER

110

OnlyFans processes payments to creators by acting as a payment intermediary, facilitating transactions between the subscriber and the creator. When a subscriber pays for access to a creator's content or for any tips and pay-per-views on the platform, OnlyFans collects the money, deducts its fee which is typically around 20 percent of the earnings, and then disburses the balance to the creator. The actual disbursement of funds to creators typically occurs on a rolling basis – often weekly or monthly – directly to their chosen bank account, and the company uses secure payment methods to ensure that all transactions are handled safely and reliably. Creators need to reach a certain minimum payout threshold before funds are transferred, and they might also be subject to standard processing times depending on their regions and banks.


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04.16.2024
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