Valve confirms credit card companies pressured it to delist certain adult games
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Re: Valve confirms credit card companies pressured it to delist certain adult games
#2Considering their volume, I find it hard to believe that Valve couldn't find another, more lenient payment processor with similar fees.
Re: Valve confirms credit card companies pressured it to delist certain adult games
#3What can be done to loosen card companies' grip on this? It has been a constant problem now for decades.
Re: Valve confirms credit card companies pressured it to delist certain adult games
#4if I was doing a couple of billion a year in transactions then the payment processor would be told where to shove it
Re: Valve confirms credit card companies pressured it to delist certain adult games
#5Considering their volume, I find it hard to believe that Valve couldn't find another, more lenient payment processor with similar fees.
My understanding is that it's not just the processor, but Visa/Mastercard themselves have rules against certain types of merchants/products... they really have a monopoly on credit cards in general so you have to play by their rules.
Re: Valve confirms credit card companies pressured it to delist certain adult games
#6Considering their volume, I find it hard to believe that Valve couldn't find another, more lenient payment processor with similar fees.
There are no other payment processors.
Re: Valve confirms credit card companies pressured it to delist certain adult games
#7What can be done to loosen card companies' grip on this? It has been a constant problem now for decades.
Bitcoin was supposed to solve this.
Re: Valve confirms credit card companies pressured it to delist certain adult games
#8Considering their volume, I find it hard to believe that Valve couldn't find another, more lenient payment processor with similar fees.
Adult content has a high chargeback rate and high fraud rates so payment processing for adult content has higher fees.
Re: Valve confirms credit card companies pressured it to delist certain adult games
#9Considering their volume, I find it hard to believe that Valve couldn't find another, more lenient payment processor with similar fees.
My understanding is that it's not just the processor, but Visa/Mastercard themselves have rules against certain types of merchants/products... they really have a monopoly on credit cards in general so you have to play by their rules.
Yep, they are a just a modern day mafia. "Would be a real shame if you didn't take down these games. Then we couldn't do business with you anymore."