The company is the latest digital platform to crack down on such material. The site became a source of income for millions during the coronavirus pandemic.
OnlyFans, a social media platform where users can sell subscription access to content, said on Thursday that it would ban sexually explicit imagery starting in October.
The company said in a statement that it would block users from posting explicit photos and videos at the request of its “banking partners and payout providers.” OnlyFans said it would still allow people to post imagery containing nudity that complied with its guidelines.
“In order to ensure the long-term sustainability of the platform,” the company said, “we must evolve our content guidelines.”
The change comes as OnlyFans has struggled to secure funding from investors who are hesitant to associate with the company’s sexually explicit material, Axios reported.
It was not clear how OnlyFans, which is based in Britain, would determine which images and videos featuring nudity were sexually explicit once the ban took effect. The company already blocks posts containing sexual assault, violence or bestiality, and it bars minors from the platform.