Comment by andreilys
4 years ago
What happens if Visa/Mastercard decides to block the merchant you want to use? Or you yourself are a merchant that gets hit with high fees simply because you're in a business that is deemed "high-risk"
4 years ago
What happens if Visa/Mastercard decides to block the merchant you want to use? Or you yourself are a merchant that gets hit with high fees simply because you're in a business that is deemed "high-risk"
Fair, but that seems like a really really small segment of the market assuming it's legal. For 99% of businesses I don't think this is an issue.
I seem to remember pornhub being hit by this, which is why they removed unverified content. Perhaps it's also why OnlyFans decided to ban explicit content a few months back (before backpedaling).
https://www.nytimes.com/2020/12/10/business/visa-mastercard-...
https://edition.cnn.com/2021/08/20/tech/onlyfans-explicit-co...