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A comment on Sex Worker-Led Payment Platform Shuts Down After Being Cut Off by Processor. Parent comment

Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by Retric on Thursday March 23, 2023 @08:58AM (#35274006)
Nah, they asserted an “extremely high number of chargebacks” which wasn’t the justification mentioned in the article.
[ Parent | on HN ]
Re:Sex Worker-Led Payment Platform Shuts Down After Being Cu... by yanderekko on Thursday March 23, 2023 @03:41PM (#35280236)
It's the same thing. Payment processors often ban sex-related businesses not out of prudishness or brand risk but simple financial risk controls.

The evidence on this is readily available via Google. Just search for high risk industries for payment processors, it will always include sex industry stuff.

[ Parent | on HN ]