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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
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Join Date: Aug 2002
Location: Los Angeles, California
Posts: 139
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Visa/Mastercard Porn Profits
I've been curious about the profits Visa/Mastercard make in general online. They must make a very good amount. I'd be even more curious what percentege of that is porn. What do you guys think? More then 65%?
Since these new regulations have started, there has been lots of talk of doom and gloom and with good reason. But in the end doesn't Visa and Mastercard have more to gain from porn then to loose? Let's take AT&T for example. They have gotten alot of public press in the past when religious groups (Morality in Media) attempt to get them to break off their hardcore cable deals. No where on paper or in the press will AT&T ever say "We Love Porno", but they support it in a round about way. They don't give in to these groups (like Yahoo did) and the reason they don't is because they make gallons of money. It's all about the bottom line. You don't bite the hand that feeds you. So could the same be true for Mastercard/Visa? Could these regulations actually be more positive because they want to make things more "legit" and still reap the benefits? |
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#2 |
Confirmed User
Join Date: Mar 2002
Location: Maryland
Posts: 5,228
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online porn? Thought i heard this on 20/20 awhile back but nomore than 5%..maybe I'm wrong
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#3 |
Registered User
Join Date: Feb 2002
Location: sunny place
Posts: 96
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not sure of the exact figures but....not anywhere near 65%.
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#4 | |
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Join Date: Oct 2002
Location: The Falls, eh
Posts: 1,373
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#5 |
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Join Date: May 2002
Posts: 4,982
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Here is what I think:
Visa loves porn. They love all the money they make from porn. Visa wants to continue to make money from porn. Visa hates chargebacks. They hate all the money that chargebacks cost them. They want to minimize the number of chargebacks, and thats why they have these new regulations.
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#6 |
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Join Date: Mar 2001
Location: Principality of Sealand
Posts: 2,033
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Visa does around 2 trillion a year while porn is prob around 4 billion. That's about 2%.
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#7 | |
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#8 | |
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Location: Portland, OR, USA
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#9 | |
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Join Date: Mar 2002
Location: Maryland
Posts: 5,228
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Quote:
Yeah i agree a big chunk of their ONLINE profit is porn but their online profit isnt comparable to their mainstream offline...If there was ever a point risking their good mainstream name because of porn they would drop it in a second
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#10 | |
So Fucking Banned
Join Date: Jul 2002
Location: Australia
Posts: 3,793
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#11 | |
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Location: asia
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#12 | |
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#13 |
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Join Date: Aug 2002
Location: Los Angeles, California
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I was trying to focus specifically with online purchases and online spending.
Obviously since the birth of Ecommerce, Visa/MasterCard have reaped the rewards. I certainly understand that ecommerce is extremely far from making the same kind of money that regular day to day retail stores do around the globe. But I would still think Visa/MasterCard make a pretty penny from online profits and that a sizeable chunk of those profits are made from porn. I'm trying to look at the situation in a logical manner, especially since we've all read some conspiracy theories that Visa/MasterCard will pull out of porn. I would think Visa/MasterCard make too much money and stand only to gain even more money as more people go online. |
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#14 |
See sig. Join Epic Cash.
Join Date: Oct 2002
Location: Montreal, Quebec. ICQ: 214702014
Posts: 22,366
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1 month membership bought online: ~$30
Computer bought online: ~$1000 i'm sure online auction sites alone make as much money for visa as online porn does. |
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