DeadWorld@lemm.eeM to BrainWorms@lemm.eeEnglish · 1 year agoMastercard moves to ban cannabis purchases on its debit cardswww.reuters.comexternal-linkmessage-square92fedilinkarrow-up1137arrow-down12
arrow-up1135arrow-down1external-linkMastercard moves to ban cannabis purchases on its debit cardswww.reuters.comDeadWorld@lemm.eeM to BrainWorms@lemm.eeEnglish · 1 year agomessage-square92fedilink
minus-squareBraveSirZaphod@kbin.sociallinkfedilinkarrow-up3·1 year agoIt’s still a non-trivial legal liability that any major company would prefer to not have. If you could spend $1 to eliminate a 1% chance that you’re going to be arrested, you’re probably gonna take it.
minus-squareblazera@kbin.sociallinkfedilinkarrow-up1·1 year agoYou think they’re gonna go arrest John Mastercard because someone bought recreational marijuana from a vendor in a legal state?
minus-squareBraveSirZaphod@kbin.sociallinkfedilinkarrow-up1·1 year agoI think a risk-averse corporation may decide that it’s not worth bothering with. At any rate, it’s their own pockets they’re hurting.
minus-squareblazera@kbin.sociallinkfedilinkarrow-up1·1 year agono, payment processors blocking transactions for your business is definitely hurting more pockets than their own.
It’s still a non-trivial legal liability that any major company would prefer to not have.
If you could spend $1 to eliminate a 1% chance that you’re going to be arrested, you’re probably gonna take it.
You think they’re gonna go arrest John Mastercard because someone bought recreational marijuana from a vendor in a legal state?
MF said “John Mastercard”…
I think a risk-averse corporation may decide that it’s not worth bothering with.
At any rate, it’s their own pockets they’re hurting.
no, payment processors blocking transactions for your business is definitely hurting more pockets than their own.