Gatekeepers of Controversy: How Payment Processors Influence Morality and Censorship in the Digital Economy
The interplay between payment processors, government regulatory interests, and societal values is a complex and multifaceted issue, particularly in the realm of content deemed controversial or taboo. This complexity often surfaces around the topics of sexual content, gaming, and the adult entertainment industry, where companies like Visa and Mastercard are seen as gatekeepers that wield significant power in determining what types of transactions are supported or restricted.
One of the primary concerns raised is the perceived arbitrariness with which payment processors make decisions about what types of transactions to support. While they are ostensibly acting to prevent fraudulent transactions, the extent to which they regulate content that is legal but morally contentious raises questions. Some argue that these decisions are influenced by moralistic lobbying campaigns, such as those led by groups like the National Center on Sexual Exploitation, which exert pressure on credit card companies to distance themselves from industries they deem objectionable.