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if I was doing a couple of billion a year in transactions then the payment processor would be told where to shove it
by blibble 1y ago
if I was doing a couple of billion a year in transactions then the payment processor would be told where to shove it
- maplant 1y agoOkay, then you'd go from a billion a year to zero. Congratulations.
- Der_Einzige 1y agohttps://www.youtube.com/watch?v=Un4p-6lzIpI https://www.youtube.com/watch?v=Un4p-6lzIpI
- david38 1y agoYou clearly think in small terms then. Trillion dollar fish eat billion dollar fish
- IshKebab 1y agoA couple of billion is an insignificant fraction of the $10000bn MasterCard processes every year.
- blibble 1y agowhich is relevant how exactly? merchants don't deal with mastercard, they deal with an acquiring bank of which there are hundreds no doubt one of which will be happy to take the business
- IshKebab 1y agoMastercard appears to be involved in the pressuring. You can't avoid them.
- blibble 1y agocertainly not explicitly mentioned in the article and I very doubt it's the case, the card networks simply don't care, given you can buy adult entertainment from millions of websites the acquirer will care if it pushes up their chargeback rate, but this is normally solved by the merchant by paying a couple of bps more it's a negotiating tactic, nothing more
- majorchord 1y agohttps://nationwidepaymentsystems.com/mastercards-policy-on-adult-content/ https://nationwidepaymentsystems.com/mastercards-policy-on-a...