152
Mastercard moves to ban cannabis purchases on its debit cards
(www.reuters.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Jul 2023
152 points (98.1% liked)
BrainWorms
1188 readers
67 users here now
Hey, welcome to BrainWorms.
This is a place where I post interesting things that I find and cant categorize into one of the main subs I follow. Enjoy a front seat as i descend into madness
founded 1 year ago
MODERATORS
that hasnt been being enforced for a long time, so if something's changed it'd help Mastercard's PR quite a bit to point to a government order or something.
Otherwise yeah it's a mastercard thing
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.