Visa’s decision will be Discover and PayPal’s win.
I worked in payday loans, another sector Visa won’t do business with…except when we built our own Level 1 payment gateway as a holding company, and then Visa was fine with it. Even knowing who owned us.
Similarly, when Visa pulled this shit in the 90s, the porn industry formed CCBill and eventually Visa came crawling back through them as the payment gateway to take the heat. The moment plausible deniability can be established, they’ll be back.
Visa’s decision will be Discover and PayPal’s win.
I worked in payday loans, another sector Visa won’t do business with…except when we built our own Level 1 payment gateway as a holding company, and then Visa was fine with it. Even knowing who owned us.
Similarly, when Visa pulled this shit in the 90s, the porn industry formed CCBill and eventually Visa came crawling back through them as the payment gateway to take the heat. The moment plausible deniability can be established, they’ll be back.