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PayPal, Square and big banking's war on the sex industry
An interesting article by Violet Blue on the sex workers, adult performers, and businesses that are denied financial services: PayPal, Square and big banking's war on the sex industry
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Aren't there companies that specialise in providing payment processing to sex related companies though? E.g. CCBill?
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Gotta love bitcoin.
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Quote:
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Children Run the world, if your born pre 80's, most likely your brain has devolved into a 5 year old.
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That article has some great info but it is certainly within the rights of acquiring banks and processors to chose whether to do biz with high risk businesses such as porn, travel, and others. Why someone with a Porn site would want to use Square is beyond me but I guess it's to prove a point. There are many companies like ours, CCbill, and many others that can help merchants with all types of high risk processing.
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