5 ms·

Not necessarily. It depends on the risks, morals, and stuff like ESG. We've seen this with stuff like alcohol, tobacco, and guns.

• dghlsakjg 3y ago
  But you can buy alcohol, tobacco and guns with just about any payment method?
  • ryandrake 3y ago
    Porn and gambling are probably better examples. They're kryptonite to payment processors due to the chargeback risk.
    • ajmurmann 3y ago
      Gambling is actually illegal trough, no? AFAIK porn is the only proper example
      • giantg2 3y ago
        Gambling varies by type and jursidiction.
  • Jiro 3y ago
    https://en.wikipedia.org/wiki/Operation_Choke_Point https://en.wikipedia.org/wiki/Operation_Choke_Point
• anigbrowl 3y ago
  There is no liquor store in the country where you can't pay with a card. Well, maybe not Uncle Ted's Moonshine Shack, but realistically it's not something anyone has to worry about. Different funds may not invest invest in those thing, payment processors might charge some businesses a slightly higher premium, but Visa/MC are not gonna police your legal consumer purchases.