Visa follows MasterCard, cuts off business with Backpage
 

CHICAGO ? Visa will not process transactions from online classified portal Backpage.com, the company announced Wednesday, after the sheriff from the second-largest county in the United States asked it to end its business relationship with the company for "moral, social and legal" reasons.

The move comes a day after MasterCard announced it had ceased doing business with Backpage after receiving a similar call to action from Cook County Sheriff Tom Dart.

Visa follows MasterCard, cuts off business with Backpage



Holly cow :upsidedow ,

I can tell you there is Some ladies right now turning around on them self and wondering if its the end of the world lol

I just got a call from a friend of mine she goes : What's Bitcoin Babe lol

:pimp

Wow, a single call from a county sheriff does this? Fucked UP.

and it wasn't even sheriff joe?? wtf!

Is that effective immediately?

there is still a prepaid visa still works just did a post few minutes ago .

but my bank cc visa do not work since this morning .

Hey that sheriff can go fuck himself!

There is always a way to go around but.... .
With all due respect to the ladies in this industry i have a big problem to understand how they (ladies) will make it to bitcoin.
Seriously We dealing with those ladies every week to place ad on our site and they send us an email : CALL ME i need to place an ad.

50% of them have only cell phone smart phone, or too lazy to do it them self ( were mobile friendly ). We don't mind is a sales we do it but you get my point lol.
I think the learning process will be very long and will cause to backpage serious lost in their income. IMO.

Good info bro. Thanks I will try a prepaid visa :)

I have to agree, the possibility that these ladies figure out how to
1. Buy Bitcoin
2. Store bitcoins
3. Keep it safely
4. Put 1-3 together
Is slim to none ;)

3v visa :thumbsup

You guys see disaster, I see opportunity!

The Bitcoin Pimp!

:1orglaugh:1orglaugh:1orglaugh

Check my signature im more then ready for the fall of BP :pimp :pimp :pimp what's up lol

Credit card processing of ''questionable adult content'' is not a profit center for card issuing banks and is a customer service/dispute headache -- you need them but they really don't need you ...

Our business models that depend on credit card transactions are always at risk. Credit card transactions are not a public utility -- you can be cut off at will :2 cents:

Another example of business platforms censoring legal activities.

@ Barry-xlovecam The ability to transact via CC should be a public utility in this day and age :2 cents:

Freedom of expression being stifled by the intermediaries of our financial transactions must be stopped!

I've had ENOUGH of doing things by the book legally for YEARS and slowly being shown the door by processors. Denying Backpage is a clear signal that we cannot ignore. We are obviously being told our industry is under attack, as if porn file sharing being made legal wasn't enough of a heads up.

What alternatives, other than bitcoin, has anyone seen? Let's do this!

I say finish Direct automated payment with credit card , link to your site.

1- third parties companies will need to accept all transaction for you aka in cypruss yada etc ... ?

2- Back to the manual activation ?

3- Making money while sleeping is over ?

lol

on serious note what about ewallet ?

Wow, that is immoral and unethical and un-American on Visa and MasterCard's parts. They should be ashamed.

@ #3 Ha ha ha


I've been working on something the last few weeks. It's not ready yet, but I am determined to maintain monetization of legal content & freedom of expression.

For profit: legal content producers/file uploaders connecting to end users. Everyone wins :pimp

EDIT: Chicago, interesting. Anyone else know why?

bunch of damn spammers up in here

and of course you show up buddy :winkwink:


For the one interested i have to rectify now the 3v visa prepaid no more supported

Payment Status:
Declined
Currency not supported by account configuration

The Obamacard -- it's against the law to leave home without it!

http://www.creditcards.com/credit-ca...redit-card.jpg

Will not happen (I "Hope" -- [pun intended])

Insane. I guess Bitcoin may see a bit of a bump in the coming weeks.

There are many. Which one?

We need a new platform that's immune to censorship by CC. I've been working on this for a few weeks because of my own CC issues regarding legal content.

When the middleman determines the money you make, not your local laws, there's a class action conflict that needs to be resolved.

We all have a sisterhood/brotherhood in this industry, all politics aside. We need to support eachother in moving forward successfully. We can do this.

I dont have anything else to do while waiting for identity verification by the "compliance officer"

It's American, in that if Visa don't like the way a site operates. It cuts ties. Cube and Iran. :winkwink:

I always apply the rule. Their ball, their game. In a free world.

Google news -- banks fined

About 123,000 results (0.37 seconds)

Banks have to protect their reputations and good brand name. VISA and MasterCard are Bank Associations ... Hypocrisy at it's finest :upsidedow

That said, there are too many legal ramifications in financing criminal acts -- prostitution is a crime in most US jurisdictions. Pandering in a felony crime in most US jurisdictions. Sure, the policy is overreacting but the profit loss to the banks is minuscule.

Bottom line: It is not unlawful discrimination.

VISA net will not process transactions for bitcoin sellers for other reasons. One of the big reasons is that digital payment wallets may become their competition one day -- it's more of a profit issue than any criminal liability -- the major governmental jurisdictions have given digital currencies a legal status. We don't ban Dollars or other national currencies because they are used in illegal transactions :2 cents:

Banks and VISA Net are private businesses that can discriminate within legal constraints.

for "moral, social and legal" reasons???

So it's moral to kill millions with smart bombs half way around the world but immoral for two consenting adults to hang out.

So would visa/mc cards from other processing zones ( Canada, Europe, etc .. ) function ?

Note: it is a rethorical question ...

I meant it's a businesses decision who they will do business with. I Muslim Baker can refuse to bake a cake mocking Mohammed, a Christian one mocking Christ. Right up to Visa withdrawing the services.

All we can do is adapt and move on.

Fine... but I was not debating that ... just wondering if cards from other zones would work ... simple question ... I thought some would maybe know ... sorry for asking .

:1orglaugh:thumbsup

deficationcard

I think this is going to be a fight back and forth. with SHERRIF :321GFY

my visa card from bank works this morning. and 3v visa also work. There will be some interesting developement in the next few / couples days.

9 million a month in income just adult advertising ? yeah i would fight for it lol

I bet theres a good reason for that

Bitcoin wallet and exchange coin cafe refuses backpage users
 

Coin Cafe is meant to be an easy way to buy and hold bitcoins, but they apparently do not like people attempting to use bitcoins at the free classifieds provider Backpage.com. After the problems that the website had in the last several weeks, with all of its other merchant processing accounts closed, Bitcoin has garnered some coverage.

However, it appears that users of Coin Cafe are not welcome to use their hosted wallet to purchase services from Backpage.com. The site seems almost hostile to those who would use its services to hire ads from Backpage.com. It seems this is a company policy, not necessarily the company folding under law enforcement pressure.

https://www.cryptocoinsnews.com/bitc...ackpage-users/

Circle(https://www.circle.com/en) is an easy place for Americans to buy and sell Bitcoins and easily transfer to and from your bank account. They are well funded and it's run by professionals, super simple to use for new users - appears to work in USD with Bitcoin 'under the hood'. Should be easy enough to learn to use for most folks using the internet and shopping online already. Problem solved :)

Visa and MC just strengthened that which threatens to make them redundant with this move.

The one's that don't have someone to post for them will just start posting on craigslist. Hell look at most major cities on cl it's half hooker ads in the personals anyways.

While I disagree with the motives of Visa and MC in this case - if they truly were motivated by a single letter from a single law official in a single state in a single country - I nevertheless am pleased to see action finally taken against backpage.com who have for years abused their paying advertisers, and raked in a huge profit, by randomly and frequently deleting ads for any reason at the whim and fancy of any given employee of the company. After having numerous ads deleted, yet other ads (identical) not deleted, and seeing ads that were nearly identical to my own deleted ads, I contacted backpage.com and was told that that is their policy - that they have no actual written policy on what is acceptable or not, and they have dozens of staff who review ads and anyone of them can delete an ad for any reason they wish, and this is why some of my ads are online and others are deleted. More specifically backpage.com was adamant that they would not put in place any sort of written policy, or make any attempt to enforce any sort of consistency. Pay for an ad, have it deleted in 10 mins, pay for it again and a different reviewer approves it. No refunds for the ads that are deleted. Even Visa, when contacted about deleted ads, says they will not chargeback if the ad ran for even a second, as in that case their opinion is that backpage.com "ran the ad" - even if they deleted it 10 mins later.

Backpage.com was arguably the most scammy company I have ever dealt with.

Oh yes ... backpage.com seemingly can't catch heroin trafficking ads, or institute automated scripts that keyword block the plethora of narcotics trafficking conducted on their website. Craigslist is the same.

oxy,mdma,percx and heoine - Toronto misc for sale - backpage.com

Though both did this after US government's officials asked them to do so. There haven't been any sentences given regarding this matter as far as I know.

Around here police could be sued for this. Fucking unacceptable. Police doing politics and gives sorta sentences without legal grounds.

It's illegal activity, escorting whether you agree with it or not is illegal in most of the country. Can't use credit cards for illegal activities.

Well when you have FinCard accepted word-wide let us know.

I don't like all VISA-NET policies -- but if it is illegal in the USA: VISA and Mastercard are USA based companies and subject to US Federal laws -- period.

Advocating Bitcoin for purchases associated with unlawful activity only shows a lot of Bitcoin users are intent on evading laws with the digital currency's use. That is one reason why Bitcoin will never be successful :2 cents:

Follow the Silk Road :upsidedow

We're testing this market and experiencing the same issues.

So let me get this right. You can't use Visa or MasterCard to place an ad but you can use Visa and Mastercard to buy a stash of high powered, high precision automatic weapons ?

Ad dangerous and deserving of Sheriff scrutiny but ignore the bloke loaded up and heading to the theatre after going shopping ?

I was commenting more about the actions of US police. And neither the US laws would have required for Visa or MasterCard to do any actions regarding this matter.

But actually the Visa we have in here, is not the same as US Visa. At least when I last time checked. Though there have been quite a lot changes lately. Our Visa uses Visa's trademarks, systems, etc. but is separate company or something like that. And it is a tad different in different European countries.

Visa in Europe


EDIT:

Okay, Visa Europe may again be part of Visa inc.

"7:15 AM EDT May 11th, 2015

Visa Inc. may buy its former unit Visa Europe Ltd. for as much as $20 billion, according to unnamed sources close to the deal, Bloomberg reported Friday (May 8)."

"Visa Europe, which has a licensing agreement with Visa, managed more than 500 million accounts and processed more than 16 billion transactions last year, according to its annual report. It earned 219.8 million euros ($246 million) in 2014, which was up 29 percent from 2013."

Visa Mulls $20 Billion Buy Of Visa Europe | PYMNTS.com

Anyways, that confirms that European Visa is not under US laws. It is not "FinCard", but it is European Visa.

backpage is good traffic :thumbsup

You would need a non US credit card and cannot buy an ad in the USA with it. Interesting that I see ads in the UK ...

What? Cannot buy something from US with non-US credit card? I really didn't get the last sentence neither.

Nice bitcoin gonna get used for even more illegal shit making it even less trustworthy and legitimate