• Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
  • About Us
What's Hot

Hong Kong Emerges as Crypto Hub Amid Regulatory Changes in East Asia – Is China Pivoting?

October 4, 2023

Thailand Imposes Taxes on Overseas Earnings of Crypto Traders – Impact on Foreign Investment?

September 19, 2023

BNB.WIN

September 19, 2023
Facebook Twitter Instagram
  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
  • About Us
CryptodailyNews24
  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
  • About Us
CryptodailyNews24
Home»World News»Visa and MasterCard cut off payment services to PornHub
World News

Visa and MasterCard cut off payment services to PornHub

Donald MunnBy Donald MunnAugust 9, 2022Updated:September 29, 2022No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Visa and MasterCard, the world’s leading payment networks, have decided to deprive Pornhub of their services for finalizing purchases on the platform. 

Visa and MasterCard suspend payment gateways for Pornhub

Pornhub, the world’s largest pornographic entertainment platform, can no longer enjoy the payment infrastructure offered by Visa and MasterCard. 

The decision was also extended to its parent company, MindGeek, which witnessed the suspension of purchases for advertising space. 

It would appear that the lawsuit stems from a woman who decided to sue Visa on charges of “promoting” child pornography on Pornhub and other MindGeek-related platforms. 

The choice stems from a personal matter. In fact, the woman in question sued both Visa and MindGeek for sharing a sexually explicit video in which she is filmed by her boyfriend at the age of 13. 

Last Friday, the day after the investigation began, a California federal judge denied Visa’s motion to be allowed to dismiss the charges. 

From what transpires, the two payment giants, Visa and MasterCard, allegedly knowingly facilitated the dissemination of child pornography, despite knowing that MindGeek also monetized through such content. 

The position taken by Visa and MasterCard

Al Kelly, CEO and President of Visa, said he strongly disagreed with the decision made by the court:

“Visa condemns sex trafficking, sexual exploitation, and child sexual abuse. It is illegal, and Visa does not permit the use of our network for illegal activity. Our rules explicitly and unequivocally prohibit the use of our products to pay for content that depicts nonconsensual sexual behavior or child sexual abuse. We are vigilant in our efforts to deter this, and other illegal activity on our network”.

The measure was also disclosed in an official statement from the company, where they stress, precisely, that they do not tolerate the use of their network for illegal activities.

Kelly then goes on to say:

“It is Visa’s policy to follow the law of every country in which we do business. We do not make moral judgments on legal purchases made by consumers, and we respect the rightful role of lawmakers to make decisions about what is legal and what is not. 

Accordingly, Visa can be used only at MindGeek studio sites that feature adult professional actors in legal adult entertainment”.

During the suspension, users will no longer be able to use Visa cards for purchases on Pornhub and other sites that are part of the same “house”, nor on TrafficJunky, MindGeek’s advertising division.  

Separately, MasterCard is also following suit, ordering financial institutions to suspend acceptance of its products following the court ruling:

“New facts from last week’s court ruling made us aware of advertising revenue outside of our view that appears to provide Pornhub with indirect funding. This step will further enforce our December 2020 decision to terminate the use of our products on that site”.

The post Visa and MasterCard cut off payment services to PornHub appeared first on cryptodailynews24.com.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Donald Munn
Donald Munn
  • Website

Related Posts

Thailand Imposes Taxes on Overseas Earnings of Crypto Traders – Impact on Foreign Investment?

September 19, 2023

The Crypto Chronicles: Unlocking the Power of PR Agencies in Nottingham

August 1, 2023

The Cryptocurrency Revolution: Unleashing the Potential Amidst Digital Transformation

July 14, 2023

Binance’s Euro Banking Partner to Cease Support for the Crypto Exchange in September

June 29, 2023
Add A Comment

Comments are closed.

Advertisement
Top Posts

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

The latest news about Bitcoin, ICO, blockchain and fintech.

Top Insights

Hong Kong Emerges as Crypto Hub Amid Regulatory Changes in East Asia – Is China Pivoting?

October 4, 2023

Thailand Imposes Taxes on Overseas Earnings of Crypto Traders – Impact on Foreign Investment?

September 19, 2023

BNB.WIN

September 19, 2023
Get Informed

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
  • About Us
© 2023 cryptodailynews24.com Submit news release

Type above and press Enter to search. Press Esc to cancel.