Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United States.
Payment providers should not be able to control what users are or are not allowed to purchase with their cards. It’s a downward spiral. Electronic payment is a necessity in nowadays life.
Sets a precedent though, and implies that the card companies are responsible for what people buy. First it’s drugs, then it’s porn, liquor, gender affirming items and hormones, contraceptives, or whatever else the fascists don’t like. Companies won’t want to be fined by the fascist right once they start pushing to ban things.
What federal law are they adhering to? Mastercard isn’t buying the drugs they are denying a person access to the funds that that person already owns. Mastercard should be agnostic to what the person uses that money for.
It sets a precedent that card companies are responsible for what their client’s purchase, and can reject transactions based on what their clients are purchasing, not how much money/credit they have.
I can go after corporate shitheads and fascists especially when they are holding each other’s cocks.
Payment providers should not be able to control what users are or are not allowed to purchase with their cards. It’s a downward spiral. Electronic payment is a necessity in nowadays life.
As long as it’s a legal transaction, the providers should STFU.
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Liability?
There isn’t as far as I know and there shouldn’t ever be.
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Sets a precedent though, and implies that the card companies are responsible for what people buy. First it’s drugs, then it’s porn, liquor, gender affirming items and hormones, contraceptives, or whatever else the fascists don’t like. Companies won’t want to be fined by the fascist right once they start pushing to ban things.
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What federal law are they adhering to? Mastercard isn’t buying the drugs they are denying a person access to the funds that that person already owns. Mastercard should be agnostic to what the person uses that money for.
It sets a precedent that card companies are responsible for what their client’s purchase, and can reject transactions based on what their clients are purchasing, not how much money/credit they have.
I can go after corporate shitheads and fascists especially when they are holding each other’s cocks.
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I’ll never use Mastercard out of principle after this. Fuck them.