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I'm certain the reason CC companies want to drop adult services is because of the vastly increased risk of charge backs, but I suspect they'd cast a wider net i
by ravi-delia 4y ago
I'm certain the reason CC companies want to drop adult services is because of the vastly increased risk of charge backs, but I suspect they'd cast a wider net if not for politics. Absent the risk they'd be happy to pocket the cash, but with it public opinion gives them an out
- arsome 4y agoIf it were just an increased risk of charge backs, surely they could just charge them higher fees and make it work out. Or tell them they have to eat all the chargebacks.
- PTcartelsLOL 4y agoNot really. Merchants are the one who eat the chargebck costs plus the $20 fee for processing it that VISA/MC charge them. That's just pure utter bullshit.
- easrng 4y agoOr they could just require 3d secure which iirc lets them say "you did 2fa when you purchased, we know this wasn't a fraudulent transaction, fuck off."