As an OnlyFans creator, earning money from your exclusive content and collecting payments from subscribers can be thrilling. However, those earnings only matter once they’re in your bank account!
This guide will cover everything you need to know about OnlyFans payout methods and alternative platforms to help you withdraw your hard-earned money without a hitch.
OnlyFans has gained immense popularity, enabling adult content creators to generate significant income from their fans and subscribers. After you’ve invested time in creating exclusive content and growing your subscriber base, how do you actually get paid?
In this comprehensive guide, you’ll find details on the various payout methods, minimum withdrawal amounts, expected timelines, and tips to avoid potential issues. Whether you’re new to OnlyFans or an experienced creator looking to maximize your earnings, keep reading to learn how to cash out effectively!
With a vast user base and diverse categories, OnlyFans presents a substantial opportunity for artists to earn money, adding to their total earnings on the platform. Yet, to fully benefit from this, artists need to grasp the payout mechanism and the way OnlyFans handles transactions. Understanding payout procedures, the different payment options, and how to resolve problems can be the key to effective financial handling versus dealing with avoidable complications.
The payout process on OnlyFans is simple, but it includes specific rules and timelines. Creators receive 80% of their earnings from subscription fees, tips, and paid messages, while OnlyFans retains a 20% fee for using the platform.
What’s the process for receiving payments on OnlyFans?
We can categorize the payment methods into three groups.
Direct Deposit
If you’re in the United States, OnlyFans will deposit the funds directly into your bank account through Automated Clearing House (ACH). For international transfers, you’ll need to provide your bank’s SWIFT code. You can find this code by searching for the bank’s name followed by SWIFT or by contacting your bank directly. Direct deposit is often the most affordable and swift way to receive your earnings, particularly for US users. There’s no fee for taking out your money through this route.
The smallest amount you can withdraw is $20.
What’s the average time for OnlyFans to disburse payments? Transfers within your country can be completed almost instantly, but it’s common to wait up to 3 business days for the money to appear in your account.
Wire Transfer
If direct deposit isn’t an option for you, Wire Transfer is a viable alternative. However, it’s more costly and takes longer than direct deposits. The smallest amount you can withdraw with Wire Transfer is $200.
How long does it take for OnlyFans to process payments via Wire Transfer? Expect the process to take anywhere from 5 to 10 days.
E-wallets
Another option is to transfer your earnings to one of the numerous e-wallet platforms supported by OnlyFans, such as PayPal, Wise, and Paxum. Some of these platforms allow you to create a virtual account in the U.S. The fees and withdrawal limits differ depending on the e-wallet service you choose.
Understanding the payout process involves a few important points:
First, any earnings are placed in a “pending balance” for anywhere from 7 to 21 days, depending on where you are, to prevent fraud.
After the 7 to 21 day waiting period, the money is moved to your “available balance” where you can then ask for payments. The smallest amount you can request is $20.
OnlyFans provides several ways to receive your earnings: direct bank transfers, international wire transfers, and PayPal. Each option has its own processing times and costs.
Direct bank transfers are the quickest, taking just 3 to 5 days. Wire transfers can take 5 to 10 days and include a $30 fee. PayPal is the fastest for you to see the money in your account, but it takes 12 days for it to appear in your bank account.
If there are any delays in receiving your payments, it could be because of not having enough funds, wrong banking information, or problems with the payment service. Resolving these issues can be quite difficult.
Requesting a payout on OnlyFans
On OnlyFans, you have the option to choose between manual and automatic payout methods. Manual payout methods let you access your funds at any time you desire.
Access your account settings.
Head to the “statements” section.
Select “Payout requests.”
Click on “Request withdrawal.”
Simply type in the amount you want to withdraw, and your chosen payout method will start the transfer process. Easy as pie.
How quickly can you get a payout from OnlyFans?
The time it takes for your earnings to appear in your bank account depends on the payout method you’ve selected. Direct transfers are the quickest, but transfers to e-wallets are also fast. Wire transfers, however, might take a bit longer, depending on your location.
Automatic payouts
If you prefer not to manually withdraw money each time, you can opt for automatic payouts.
How often does OnlyFans send out automatic payments? It can be weekly, monthly, or even daily, depending on the payout method.
OnlyFans weekly or monthly payments are a smart way to ensure your bank account stays full.
As soon as the money from your pending balance is available and sent to your account, it will be scheduled for transfer to your bank account whenever your next payout is due.
The choice between manual or automatic payouts is entirely up to you. Automatic transfers make it easier to access your earnings, but keep in mind that you might end up paying higher transfer fees with more expensive payout methods like Wire.
Resolving issues with OnlyFans payouts
Struggling with issues with your OnlyFans payout? Here are some common solutions!
Payout rejection on OnlyFans
This usually happens because of problems with ID verification. If you’re trying to make a payment and see an error like: “We’ve been unable to process your payout due to the following issue: Please contact our support team with a current ID so we can process your payment.”
Often, resolving this issue is as simple as sending OnlyFans a copy of a recognized, official government ID along with a photo of yourself holding it. Ensure your ID is current and easy to see.
Additionally, if you create content from the US, ensure you’ve completed your W9 tax form.
If you’re puzzled as to why your requests for payment keep getting denied, and it’s not because your ID is expired or not recognized, the most effective course of action is to reach out to OnlyFans through email.
Legal and Financial Considerations for Creators Earning on OnlyFans
Creators on OnlyFans must be aware that their earnings are subject to taxation, which can impact the funds in their accounts.
Taxes: U.S. creators need to complete a W9 form, with their earnings reported to the IRS, which may influence their minimum withdrawal limits. International creators must comply with their local tax regulations, potentially affecting their withdrawal thresholds and payout processing.
Bank Accounts: Creators should use their personal bank accounts for payouts to minimize legal complications and streamline financial management.
Why Can’t I Get My Money from OnlyFans?
Although receiving payments from OnlyFans usually happens without a hitch, there are a few possible explanations for why you might not be able to access your earnings:
- Your earnings are still pending – If you haven’t received your money within 7 days, it’s still in the process.
- Not enough money in your account – You must have at the very least $20 in your account to cash out.
- Wrong bank information – Make sure to verify your account and routing number.
- Limits on bank transfers – Certain banks restrict online transfers for safety reasons.
- Technical difficulties – Issues with OnlyFans or the service providers could lead to temporary outages. Attempt to try again or get in touch with their support team.
- Unusual withdrawals – If you’re making large or frequent withdrawals, it could trigger a review of your identity.
- Account closure or ban – You won’t be able to access your funds if your account is not active.
- If you’re experiencing unexpected hold-ups or delays in receiving your payment, don’t hesitate to contact OnlyFans’ customer support. They’ll look into the problem and work towards a solution for your withdrawal.
Why Doesn’t OnlyFans Support PayPal?
If you’re wondering whether PayPal can be used on OnlyFans, the answer is no. OnlyFans does not accept PayPal as a payment method due to its strict policies regarding certain types of digital content. While PayPal is a popular choice for online transactions, OnlyFans primarily relies on credit cards, debit cards, and specific prepaid cards to comply with banking regulations and ensure secure transactions.
PayPal’s terms of service make it difficult to process payments for platforms that often include explicit or adult content, forcing users to use alternative payment methods to support their favorite creators. Nevertheless, OnlyFans has established a reliable payment system that utilizes the widespread acceptance of Visa and Mastercard to facilitate secure transactions and meet user needs.
The best payout option for content creators depends on what the individual is looking for, while direct transfers are secure, convenient, widely accepted, and might not charge any fee but the processing time can vary depending on your bank.
International bank transfers are available globally and is secure but may have higher fee and takes longer processing time.
E- Wallets are a digital alternative which has faster processing time, flexible sometimes lower fee rates compared to bank transfers but may not be widely accepted for all transactions.
While each has its warms pros and drawbacks you can choose your best option wisely.
Tired of OnlyFans Payout Issues? Discover 9 Better Alternatives
If you’ve been frustrated with the complexities of OnlyFans payouts, consider exploring alternative platforms like Flirtback, Fansly, Just4Fans, LoyalFans, ConnectPal, and others.
Having alternatives gives creators the flexibility to monetize their content without relying solely on one platform. This also fosters healthy competition, encouraging platforms to innovate and improve their services to attract creators and subscribers.
Notable OnlyFans Alternatives
- Patreon: Patreon allows creators to provide subscription-based content, merchandise, and exclusive experiences. Pricing starts at $0 for the Lite plan, $8 for the Pro plan, and $300 for the Premium plan.
- Fansly: Similar to OnlyFans, Fansly offers a subscription-based model for sharing exclusive content with subscribers. Pricing starts at 20% of earnings, plus a 5% transaction fee.
- AdmireMe: AdmireMe enables creators to share photos, videos, and messages with subscribers, starting at £5 per month, with a 30% service fee.
- ManyVids: Catering primarily to adult content creators, ManyVids allows the sale of videos, photos, and other digital content, taking a 60% commission on sales.
- AVN Stars: AVN Stars is a subscription platform where creators can share exclusive content with fans. Pricing starts at $4.99 per month, with creators earning 80% of subscription revenue.
- LoyalFans: LoyalFans lets creators monetize content through subscriptions, tips, and pay-per-view messages, starting at 20% of earnings plus a 5% fee per transaction.
- ConnectPal: ConnectPal enables monetization through subscriptions and pay-per-view posts, with pricing details varying based on earnings.
- Just4Fans: Just4Fans offers a subscription model for sharing photos, videos, and messages, with variable pricing that includes a percentage of earnings.
- Flirtback: Your monthly earnings on Flirtback can fluctuate based on several exciting factors, including the quality of your content, the number of connections you make, how frequently you upload new material, and your interactions through FlirtTime, Happy Hour, live streaming, and chat. Flirt Back is dedicated to promoting your profile and ensuring your content reaches a wide audience while protecting your privacy.
Flirtback payouts are made through the following methods:
- Bitsafe/Yoursafe (0€ fee) – This is the preferred method, allowing for global sending and receiving of payments. Once funds are in your account, you can initiate outgoing payments via SEPA, Wire, ACH, or US check.
- Paxum (1€ fee) – A secure peer-to-peer e-wallet service available worldwide.
- SEPA Transfer (1€ fee) – This method enables cross-border euro payments, functioning like a domestic transfer within the eurozone. Available only in Europe.
- ACH Transfer (5€ fee) – An electronic transfer method within the US, moving money between banks through the Automated Clearing House network.
- International Check (10€ fee) – Currently unavailable; checks are submitted directly or via an intermediary bank.
- International Wire (25€ fee) – Allows for global bank account transfers for a fee.
Your convenience and satisfaction are our top priorities, and we are committed to expanding your payment options in the near future.
How long does it take for my money to arrive?
- Yoursafe: Less than 24 hours
- Paxum: Less than 24 hours
- SEPA Transfer: 1 day
- ACH Transfer: 3-5 business days
- International Check: 7 days (currently unavailable)
- International Wire: 1-3 days
When can I get paid?
Payment Method Setup: Make sure your payment method is set up correctly to prevent delays. You can configure it here: Payment Method Setup.
Double-check that all your details, including beneficiary name, IBAN, account number, and routing numbers, are accurate. This ensures a smooth payment process.
Payment Cycle: Payments will be credited to your account seven days after the end of a payment period. There are two payment periods each month:
- 1st – 15th
- 16th – last day of the month
Minimum Payment Threshold: If your earnings for the current cycle are less than 50 Euros, they will roll over to the next cycle and be paid out once you reach the minimum threshold of 50 Euros. For more details on payments, please refer to this link: Payment Details.
Payment Transfer Time: Please note that transfer times may vary based on the processing times of your selected payment method.
What’s the Difference Between Pending Payout and Period Earnings?
Accessing Information: You can check the details of your pending payout and period earnings for a specific timeframe on your Dashboard.
Pending Payout: This amount reflects the earnings from the previous payment cycle that are awaiting disbursement. If your pending payout is below 50 Euros, it will carry over to the next cycle. Once the total of your pending payout and period earnings reaches the minimum threshold of 50 Euros, it will be processed for payment.
Period Earnings: This represents the earnings you’ve accumulated during the current payment cycle. Keep track of these figures to monitor your progress and anticipate your next payout!
Although Flirtback operates in Europe and processes transactions in Euros, we ensure you’re covered no matter your location! You’ll receive your payment in your local currency, making the process convenient and straightforward. Keep creating, engaging, and earning—we’re here to support you!
Why Are Alternatives Important?
Relying exclusively on OnlyFans can be risky for creators due to potential policy changes, fees, or unexpected shutdowns. Diversifying across multiple platforms not only reduces these risks but also allows creators to reach different audiences and explore various monetization strategies. Additionally, alternative platforms may offer features and tools that better align with individual creators’ needs, enhancing their overall experience and earning potential.
Conclusion
Effectively managing your earnings on OnlyFans is crucial for your success as a creator. By familiarizing yourself with the various payout methods, processing times, and potential fees, you can make informed decisions that align with your financial needs.
Whether you prefer direct bank transfers, e-wallets, or other options, staying informed will help you maximize your earnings with minimal hassle.
Understanding alternative platforms is crucial for every creator, as it provides options to choose from. Each platform has its own unique features, advantages, and drawbacks.
