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I am very sure mastercard and visa are somewhat interested in the branding issues when thier logo is placed on a join page.
But they are not complete idiots, they want to keep adult internet transactions, it must make them a ton. They just want to stay awayfrom the totally crazy stuff.
Recently there was a very big escort/prostitute ring bust here in Toronto. Basically the news said a lot of people were nervous because all their contect details were available from their credit card. It appears the payment of choice for escorts is a cc.
Not only are they processing escorts, the make bigmoney at strip clubs, on cigarettes, alcohol etc.
These companies can't afford big morals stands, but they can decide not to process horse fucking, young teen sites etc. Not processing legal porn surely would cost them big time. I would think they would rather work with a group of accountable processors to make sure it is a lucrative income source for them. This means dealing with companies that keep chargebacks within the acceptable tolerances and strictly monitor sites for illegal material.
I must say I am glad it appears my processor ccbill, is not scared at this time. I do worry a little that even Kimmy who makes the most convincing case as a processor is agreed that its a waiting game as to what the nest regulation is. Surely enough money is made in adult to actually negotiate with the cc's on a level not wait for dictact's.
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