If fraud was the only thing they cared about, why was Alex Jones (and other conservatives) deplatformed by MasterCard? Why are some banks stopping every customer they have from allowing them to buy firearms?
Oh I can't possibly think of a reason why someone would chargeback Alex Jones' Totally Legitimate Line of "BURN ALL YOUR FAT" products. Health & Wellness is a known high risk category.
> [...] firearms?
I'm talking about Visa and MasterCard. Banks have regulations to worry about.
I just skimmed it, looks like a good piece of investigative work. I don't see where you're reading they're "legit products", all the article seems to say is that they're not outright dangerous.
And this holds absolutely no value to payment processors, btw. Health & Wellness is a high risk category, period. I don't know why you think "but they're legit!" is even sort of relevant.
Except that stripe is citing that Gab is hosting pornography as their reason.... which doesn’t make sense. OnlyFans (dot) com is a website that allows porn stars to sell their own membership based porn service... OnlyFans uses Stripe as their payment processor. That is hypocritical that Stripe processes one of the biggest porn websites yet
> If you are looking to subscribe to other profiles you will need to add a payment card. When adding a payment card, your card information is stored by a payment processor, which is called Stripe; or if you are subscribing to a profile containing sexually explicit content, your card information is stored by a different payment processor, Securion Pay.
