More than money, the billionaire powers that be want to foist their worldview on everyone else.
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Man, I hate being foisted upon.
Are you free tonight? 😏
Why do they care? They're in the debt game, and they get 2% of like half of all purchases too
They won capitalism, they've stacked the barriers to entry up high and taken economy activity hostage.
Now a group is pressuring them to reach further with that power... Why not normalize overreaching when they're being invited to? They're probably giggling at the opportunity, if it goes badly they can reverse course and blame collective shout
Hell, if this keeps happening they might as well open up a protection racket
Why do they care?
Chargebacks, when mom finds a weird purchase on her statements, that little anthony swears he has no idea how it got there
Yeah that’s exactly why porn sites fall into the high risk category. Chargebacks happen more at those sites. And thus these sites have to pay a higher transaction fee. So either itch pays a higher fee or remove porn.
How else would it go?
They got to this position by constantly grabbing reaching }pushing exploiting. Are they just supposed to stop when it makes you uncomfortable? When they reach the limits of the paradigm if power they were born into? Where's the stop line, and why shoukd a corporation, something that exists to avoid responsibility and oush boundaries of exploitation, give a shit?
Why wouldn't they look at the nature of this thing they exist to seek, to distill the concept into pure control, and look for more of that, beyond mere money?
There's no Section 230 for payment processors. Visa getting caught up in the Pornhub cp/sex trafficking lawsuit scared the shit out of them.
They have a fiduciary responsibility to the shareholders, not the cardholders.
I'd argue this also violates their fiduciary responsibility to shareholders as this reduces their volume.
Shareholders are interested in share prices and dividends, not volume or even revenue or profits,
They should be correlated, but look at Tesla.
Reduced volume is acceptable if it means they're spending even less on chargebacks and fraud investigations.
The thing is, those costs are already built into their margins and they have acceptable thresholds for them. Do porn games in particular exceed that threshold? We would need their proprietary data to determine that.
My hypothesis would be that these games have much lower rate of these charges. The reason being that these sorts of games are already subject to stricter restrictions and parental controls. I would expect the strongest association with charge backs and fraud investigations to be with games that are recurring subscriptions (people forget to cancel) or micro transactions. Which could include both pornographic and non-pornographic games.
I would also expect to see spikes in charge backs for specific games at specific times. Like when. Publisher adds Denuvo or some other draconian malware, or when 2K decided to add launchers to their game that hurt Steam Deck compatibility, or when some update happens that ruins gameplay, or when some executive comes out and says something stupid. But those would be events, not trends.
Here is an ACLU petition concerning the payment processors: https://action.aclu.org/petition/mastercard-sex-work-work-end-your-unjust-policy
Here is a Change.org petition for the same: https://chng.it/ShsHCJRFz6