Sounds like Visa and Mastercard have clauses in their contracts that they don't even care about themselves, but payment processors like Stripe are bound to then
Nobody on any side has cited any sections of any agreement specifically. The closest we’ve got is the statement from Stripe who is the payment processor who recently had to turn down business with a womens sexual education charity (despite spending months trying to get to an agreement) and the reason they cited was contractual obligations with banking networks including Visa and Mastercard. They stated they want to be able to process payments for porn companies, and that they’re exploring other options, but they couldn’t at this time.
Microw@piefed.zip 1 day ago
Zorque@lemmy.world 1 day ago
From an article posted yesterday