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The situation is more nuanced than that. Porn is sold online which introduces fraud issues. Much more importantly though it has an extremely (extremely!) high
by callalex 3y ago
The situation is more nuanced than that. Porn is sold online which introduces fraud issues. Much more importantly though it has an extremely (extremely!) high chargeback rate due to partners seeing a bill, confronting the payer, and then that payer claiming the charges are unauthorized and doubling down instead of admitting the purchase.
Cannabis is physical retail with the most stringent ID verifications of any purchase in US history, so the fraud issue is almost nonexistent.
- deleted 3y ago[deleted]
- mock-possum 3y agoI think the whole chargeback thing is a bullshit excuse - it’s the customers that are abusing the chargeback, not the businesses. Why should they suffer for it. If a customer abuses the chargeback feature, punish them, not an entire sector of industry. It’s lenders like Visa being precious about their own customer’s behavior and I have no sympathy whatsoever.