Re:Valve confirms credit card companies pressured it to deli...
by maxbond on Friday July 18, 2025 @09:23PM
(#44611685)
I mean I wouldn't do business with them, I think the supplements industry is infrastructure for grifters, quacks, and pyramid schemes to fleece the desperate, but what's the problem for Visa? Is it a brand safety thing? My presumption would be that payment processors are amoral and have no problem processing payments for Consolidated Baby Kickers if it were legal to do so, is that a misconception?
[ Parent
| on HN ]
Re:Valve confirms credit card companies pressured it to deli...
by cperciva on Friday July 18, 2025 @09:36PM
(#44611752)
"Not as advertised" chargebacks. That industry is also full of subscription scams (e.g. someone thinks they're ordering a supplement for $5.99, but they're actually getting signed up for $39.99/month...).
Re:Valve confirms credit card companies pressured it to deli...
by tptacek on Friday July 18, 2025 @09:42PM
(#44611781)
Also the products don't work!
Re:Valve confirms credit card companies pressured it to deli...
by cperciva on Friday July 18, 2025 @09:53PM
(#44611843)
I don't think the credit card networks would care about that if it weren't for the risk of chargebacks. Credit card networks have no problem with processing payments for churches!
Re:Valve confirms credit card companies pressured it to deli...
by tptacek on Friday July 18, 2025 @09:55PM
(#44611861)
Right, no, I'm just saying: that drives a lot of chargebacks.
Re:Valve confirms credit card companies pressured it to deli...
by SXX on Saturday July 19, 2025 @03:27AM
(#44613333)
> That industry is also full of subscription scams
Visa / MC are the ones who enable subscription scams and benefit from them. They implemented "convinience" option of "updating" your credit card data with replacement card. So even if you cancel and replace card charges continue to pass.
They also totally able to see all the places where your card been tokenised, but they dont push banks to expose this to you.