Re:Why “go nuts, show nuts” doesn’t work in 2022
by fallingknife on Friday September 30, 2022 @11:06AM
(#33035887)
So why not just up processing fees on those transactions to the point that they're profitable. If Visa/MC made a new processing code that all adult platforms were required to use, and charged a 10% fee, they would make plenty of money. I have to conclude that this is more than just a profit consideration.
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Re:Why “go nuts, show nuts” doesn’t work in 2022
by ocschwar on Friday September 30, 2022 @11:42AM
(#33036404)
Uncertainty.
Doesn't matter what they set their fees to. If a jury decides that Visa/MC is liable for the exploitation of a minor, they will be instructed to assess punitive damages, and the whole point of punitive damages it to make it hurt for the losing party. No tweaking of the transaction fees will prevent that.
Re:Why “go nuts, show nuts” doesn’t work in 2022
by JohnBooty on Sunday October 02, 2022 @09:45PM
(#33062495)
I have to conclude that this is more than just a profit consideration.
Maybe? But in general they're pretty morally agnostic - they don't go shun other "controversial" businesses. Except the cannibus business here in the US, but that's because it's technically still illegal at the federal level.