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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Why should I care what a person is buying? So what if they are buying hitmen or 100 kilos of cocaine? If and when they get caught they will go to prison. It’s not Mastercard’s job to police the system.
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I’ll never use Mastercard out of principle after this. Fuck them.
You do realize that there are no banks in the United States that will allow marijuana related business to work with them either, right?
It’s highly illegal under federal law. My business is done business with marijuana related businesses in the past, and they all have to operate with cash and hand only. It’s insane.
Nothing like carrying a suitcase full of $250,000 in small sequential unmarked bills to the bank you know…
fyi slight bone apple tea there
it’s cash in hand
Payment processors have a functional monopoly and should not be permitted to refuse or otherwise be punitive to any category of purchase.
Cannabis users should move to ban Mastercard.
This was a maneuver by VISA and MC in the Aughts when Wikileaks was publishing information embarrassing to the US Federal Government.
Pharmacies and medical doctors have long been creative about preserving privacy. Dispensaries will go back to selling tea or candy or miscellaneous OTC pharmacological product which they’ve been doing since prohibition if not before.
I think I’m going to make it a goal to stop using these companies. I think credit cards should be banned as predatory actually, or at least heavily restricted.
These aren’t credit cards, but debit cards. It’s access to money you have already earned, is in the bank, you own, and Mastercard is saying you can’t spend it on a particular thing. You get around this by doing an ATM cash withdrawal, but it’s still an extra step, and it’s still a megacorp restricting your access to something that the law does not.
This is lame. Mastercard telling people what not to by is outrageous but not the first time they’ve done this.
What else have they done? I had no idea this was even legal.
they did it with pornhub at least
That one was due to pornhub supposedly not doing any content management to make sure illegal content (child/bestiality/ revenge porn) wasn’t available. Once pornhub put in better security measures, the providers authorized transactions again.
That’s little different from the providers revoking my businesses ability to accept credit cards if I’m found to not follow the standards required of me for SOX compliance
of course pornhub does content management. You’re not gonna find a more strictly managed porn site anywhere. They instituted unprecedented regulation, most of their content was wiped and they manually verify studios to be able to upload.
and no, they did not authorize transactions again.
They weren’t doing much content management before all that though.
And my bad, I thought they had, I haven’t checked because I’ve never been in their market to begin with
Yes, yes they were, and absolutely are now.
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Well, they can’t stop a cash withdrawal on your card to pay for it. So, it appears they still have to pay for it in a way.
I buy all my weed from “my guy.” 10x better product for half the price. And at least I know the person I’m dealing with is one making a living instead of some weed bro millionaire fuckboi who’s dad helped him start his weed venture.
That’s a very dumb business move, it might be illegal for then to do that in Canada
I only skimmed the article but it seemed US centric so I’d guess this is relevant to the US since it’s not legal federally there. I was worried for a moment since I use one for my orders in Canada. Though if for some reason does happen in Canada I’m sure there’ll still be some way to do online orders like with Interac or another company. Too much tax money collected for the Canadian government to just let an online revenue stream dry up from a credit lender.
It should be illegal for a company to limit what you can purchase anywhere in the world.
Under the law, they literally have to limit transactions for illegal goods, otherwise they become complicit in that crime.
The real stupidity is that Marijuana is still illegal under federal law.
Ok, I’ll just switch, they already ban porn purchases 👍
From the article: “The federal government considers cannabis sales illegal, so these purchases are not allowed on our systems,” the spokesperson added.
Seems like this isn’t a Mastercard thing, but a government thing. Marijuana is still illegal at the inter-state level unfortunately.
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Widespread cryptocurrency adoption will set us free.
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Ponzi schemes
Surely there’s a Rule of Acquisition encouraging this, Rom.
The solution to “I can’t use my credit card to buy weed” is not “guess I’ll join a cult.”
That sounds like a very cool concept for a music video.
Bitcoin looks better everyday.
bitcoin looks worse every day, however there are some potentially useful crypto currencies that do continue to hold some appeal
