4 ms·
I guess this offers an explanation for why payment processors ran like hell from porn.
by superchroma 4y ago
I guess this offers an explanation for why payment processors ran like hell from porn.
- m0rphling 4y agoDisclaimer: I worked for a payment processor that handled a large portion of adult site traffic. Payment processors categorize porn sites as a high-risk businesses because of the higher likelihood of chargebacks from customers who spot such a transaction on their statement. The processing, upfront, and recurring fees are higher than normal merchants to factor in this risk, and one or more card networks have explicit rules on which content is acceptable for purchase (guided mostly by laws against bestiality and the scenarios in which urine and feces are presented).
- anuraaga 4y agoI recall an article here criticizing the payment processors for having too much power by censoring content. The crowd here took the usual libertarian stance of this control being a bad idea. But it seems reasonable to also support the rights of companies to do whatever they want when it's to avoid and even small risk of criminal liability.