Re:Amazon to remove more content that violates rules from cl...
by bostik on Friday September 03, 2021 @02:37AM
(#28401083)
Only tangentially related, but try getting a UK or US bank account as a gambling company. Doable, yes. Easy, no. Low-effort, not a chance. And you still risk getting kicked out for no reason at all.
Banks are terrified of gambling companies: they are one of the very few businesses where it is perfectly normal for a notable fraction of downstream customers to withdraw more money than they put in. Without ever having delivered any goods or billable services(!)
Is it any wonder online gambling has been such a magnet for money laundering?
Re:Amazon to remove more content that violates rules from cl...
by heavyset_go on Thursday September 02, 2021 @07:04PM
(#28398452)
There are plenty of legal businesses that banks and payment processors refuse to do business with. Take a look at the long lists of businesses Stripe won't process payments for[1].
I’m curious. I can see them not wanting to provide assistance to an illegal business, but what the reasoning behind denying a personal account?