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Originally posted by Tipsy
Not really. That would suggest that the problem only lies with the fact that there's no sig which simply isn't true. Far too many businesses and companies take payment with no sig for that to have any meaning. VISA/MC's beef is purely with porn. They spout all the BS about high risk but it's not even that clear cut - it's high risk AND porn they have the real problem with.
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If Visa just wanted to stop processing for porn, they would have by now. Visa's #1 problem with porn is because it's high risk and is full of fraud. I also believe that they're not comfortable processing for sites with child porn, beastiality, and scat, but that doesn't really surprise me too much.
I don't think Visa cares all that much about general porn. I don't think they're sitting there on their moral high horses plotting ways to bring down the whole porn industry which it has been processing for decades.