3 ms·
Visa should immediately make a statement that they will not discriminate against purchases made at legal merchants allowed to operate in states. This is a great
by cudgy 3y ago
Visa should immediately make a statement that they will not discriminate against purchases made at legal merchants allowed to operate in states. This is a great opportunity for Visa to gain favor amongst the many people that do not appreciate payment processor restricting legal purchases. Anyone that says the Feds will take them to task for it are bringing up a red herring. The Feds have effectively done nothing yet about legal cannabis shops. Why the sudden move by Mastercard?
- callalex 3y agoI think you should learn more about the extensive history of Visa banning business verticals from its payment network. They are extremely conservative. I won’t provide a specific source in this case because the phenomenon is so widespread that I don’t want to pre-bias your learning adventure.
- cudgy 3y agoOk. What’s to stop them from changing? Seems like a missed opportunity given that around 70% of US is in favor of legalization.
- bratgpttamer 3y agoBankers gonna banker