Adobe deactivates all Venezuelan accounts

Re:Adobe deactivates all Venezuelan accounts by diffeomorphism on Tuesday October 08, 2019 @05:09AM (#21190199)

Aren't both Visa and Mastercard US-based and thus subject to the same executive order? So chargebacks are probably also at the whim of the US.

[ Parent | on HN ]

Re:Adobe deactivates all Venezuelan accounts by GlitchMr on Tuesday October 08, 2019 @09:44AM (#21192189)

Credit and debit cards are specifically exempt from sanctions. That said, the card organizations may use sanctions as an excuse to not go forward with the chargeback process (as in, we will gladly take your money, but refund none of it because sanctions).

[ Parent | on HN ]

Re:Adobe deactivates all Venezuelan accounts by jeremyjh on Tuesday October 08, 2019 @06:04AM (#21190484)

Chargebacks are initiated with the issuer's bank, which presumably would be in Venezuela.

[ Parent | on HN ]

Re:Adobe deactivates all Venezuelan accounts by AnnoyingSwede on Tuesday October 08, 2019 @05:33AM (#21190310)

That's kind of a two-way wammy.. If anyone owned money to VISA or Mastercard in Venezuela, the creditcard companies would not be able to collect those debts either?

[ Parent | on HN ]

Re:Adobe deactivates all Venezuelan accounts by chii on Tuesday October 08, 2019 @05:42AM (#21190355)

I bet your bottom dollar they will be allowed to collect.

[ Parent | on HN ]

Re:Adobe deactivates all Venezuelan accounts by beojan on Tuesday October 08, 2019 @05:52AM (#21190411)

VISA and Mastercard don't (AFAIK) lend money themselves, unlike Amex for instance.

[ Parent | on HN ]