Pornography helped usher in the early era of digital payment processing—but not long after that grand debut, the forces of smut and commerce had something of a falling out. Most mainstream payment processors—think PayPal, Stripe, and WePay, to name a few—decided to avoid dealing with those pesky additional fees by creating a total ban on anything adult. The headache doesn't end there: Payment processors' bans on adult content have the secondary effect of shutting XXX merchants out from other kinds of sites that use those payment platforms—like, for instance, the crowdfunding sites that many independent creators now turn to to support their work.
Once per month, Dr. Vince has already done an excellent job of discussing CHASE bank and the blatant discrimination targeting members of the adult industry under the auspices of mitigating risk herebut the question remains — why should we care? Thus, CHASE is discriminating against a group that is technically doing nothing wrong, from those who are doing the actual sexing to those who are working in behind-the-scenes occupations.
Earlier this week, PayPal came under fire for blocking the sale of a photojournalism book entitled Iranian Living Roomwhich depicts every-day people from Tehran, in their homes doing every-day things. The company has since apologizedand let Iranian Living Room through. Check out the list below. Only federally approved merchants can accept PayPal as payment for any precious metals, jewels, or stones due to money laundering laws.
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Follow Slashdot blog updates by subscribing to our blog RSS feed. What's next is that a services hole will appear in the market and some enterprising person will create a service to fill it and thrive. Meanwhile those reponsible for creating the hole will flounder and try to find ways to remain relevant while disenchanted customers go to their competitors.
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Share best practices, tips, and insights. Meet other eBay community members who share your passions. Hello, I was just trying to sell some adult movies in eBay's adult section, but it wouldn't show a PayPal option for accepting purchases, and when I try to choose Visa, then eBay tells me a need to have some kind of special paid merchant service to accept credit cards.