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Kickstarter is forced to ban adult content by payment processors

kotaku.com

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Re: Kickstarter is forced to ban adult content by payment processors

#51

Post by nwah1 »

andtheboat wrote: post #36
btown wrote: post #20

Earlier quoted context omitted.

The actual answer: hedge fund manager Bill Ackman. https://www.institutionalinvestor.com/article/2bswuu1nfc040h... & https://finance.yahoo.com/news/visa-suspends-payments-for-ad... > But he was friendly with Mastercard’s then-CEO Ajay Banga, whom he had met through a mutual friend. Ackman texted Banga, providing a link to Kristof’s story with his tweet: “Amex, VISA and MasterCard should immediately withhold payments…

[flagged]

So, the problem is that he feels strongly about not incentivizing what he considers sexual exploitation. If he had the reverse position, then suddenly you would feel more positively about his identity group?

Re: Kickstarter is forced to ban adult content by payment processors

#52

Post by Aurornis »

codedokode wrote: post #39

Why payment processors do it? Why people in America do not want to earn more money from commissions? Strong church lobby? Legal risks? I think its mostly religious groups who who are against adult content and sex, or there are other groups? Also this is why we should work to increase circulation of cryptocurrency. No stupid religious restrictions and stupid political sanctions. Also why PornHub and OnlyFans are immun…

Stripe (their payment process) will handle adult content payments. It puts the account into the high risk category due to the high rate of fraud in those categories.

There's no actual evidence in the article that payment processors made them do it. They actually banned pornography long before this. They just updated the terms to clarify what counted as pornography.

> Also this is why we should work to increase circulation of cryptocurrency.

Cryptocurrency actually does avoid this problem because it doesn't allow chargebacks and the consumer has to foot the bill for transaction fees. Those are also the reasons why consumers don't like it.

> Also why PornHub and OnlyFans are immune to religious lobby?

They're not? They would have the same high risk accounts and include the higher fees into their business model.

Re: Kickstarter is forced to ban adult content by payment processors

#54

Post by danso »

grishka wrote: post #50
Aspos wrote: post #25

There should be a national payment processing operator as an alternative to VISA/MC. Just like they do it in many other countries.

We have one in Russia, called Mir (world/peace, somewhat ironically). While, yes, there was literally zero downtime on card payments when Visa and MC left the country, they are still irreplaceable for international payments. As a result, everyone who needs to make them or travels a lot has a foreign bank account now, with, you guessed it, a Visa or MC card. Edit: forgot to say, Mir cards used to work in a few other c…

Has Mir in the past ever implemented any kind of bans or restrictions for specific vendors or use cases?

Re: Kickstarter is forced to ban adult content by payment processors

#55

Post by advisedwang »

codedokode wrote: post #39

Why payment processors do it? Why people in America do not want to earn more money from commissions? Strong church lobby? Legal risks? I think its mostly religious groups who who are against adult content and sex, or there are other groups? Also this is why we should work to increase circulation of cryptocurrency. No stupid religious restrictions and stupid political sanctions. Also why PornHub and OnlyFans are immun…

The payment processors say the reason is high fraud and charge-back rates in those industries that make it unprofitable to service. I don't know if this is true or an excuse. Either way, its an excellent reason why this critical infrastructure shouldn't be under corporate control.

Re: Kickstarter is forced to ban adult content by payment processors

#56

Post by paxys »

mountainriver wrote: post #7
schnebbau wrote: post #3

So who is pressuring the processors?

I’ve heard this is apparently less about morality and more about payments getting contested by men getting caught by their spouses

That's not the reason. Cost of chargebacks falls entirely on the merchant. Visa/MC have no reason to care.

Re: Kickstarter is forced to ban adult content by payment processors

#57

Post by player1234 »

codedokode wrote: post #39

Why payment processors do it? Why people in America do not want to earn more money from commissions? Strong church lobby? Legal risks? I think its mostly religious groups who who are against adult content and sex, or there are other groups? Also this is why we should work to increase circulation of cryptocurrency. No stupid religious restrictions and stupid political sanctions. Also why PornHub and OnlyFans are immun…

[dead]

Re: Kickstarter is forced to ban adult content by payment processors

#59

Post by [deleted] »

codedokode wrote: post #39

Why payment processors do it? Why people in America do not want to earn more money from commissions? Strong church lobby? Legal risks? I think its mostly religious groups who who are against adult content and sex, or there are other groups? Also this is why we should work to increase circulation of cryptocurrency. No stupid religious restrictions and stupid political sanctions. Also why PornHub and OnlyFans are immun…

[deleted]

Re: Kickstarter is forced to ban adult content by payment processors

#60

Post by chimeracoder »

codedokode wrote: post #39

Why payment processors do it? Why people in America do not want to earn more money from commissions? Strong church lobby? Legal risks? I think its mostly religious groups who who are against adult content and sex, or there are other groups? Also this is why we should work to increase circulation of cryptocurrency. No stupid religious restrictions and stupid political sanctions. Also why PornHub and OnlyFans are immun…

> Why payment processors do it? Why people in America do not want to earn more money from commissions? Strong church lobby? Legal risks? I think its mostly religious groups who who are against adult content and sex, or there are other groups?

The driving force is mostly a group of nonprofits and lobbying groups that are backed by right-wing, mostly-but-not-exclusively evangelicals.

Over the last decade, they have successfully laundered their views into the mainstream to the point where many people don't realize how influential they have been in writing all of these laws and policies and driving them across the finish line.

None of this is hidden knowledge - they've been acting out in the open for years, but people have an aversion to acknowledging it, because it's an uncomfortable truth which triggers a great deal of cognitive dissonance.

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