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Originally Posted by minusonebit
Are you kidding? Visa and Mastercard are US-based companies. In the United States, private companies can choose whom they want to and do not want to do business with. And equal lending laws dont apply, either. The customer is the lender, not you.
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Since visa is a monopoly it is not allowed to refuse to process for an entire industry.
Further, there is no reason for them to be a monopoly in this way. They should allow banks the freedom to determine risk and set prices as they see. Some banks may choose to process for adult and other may choose not to. Instead Visa makes it expensive and often impossible for adult video companies to accept visa without banks even having the option to act as private company and choose who they want to do business with.