this post was submitted on 29 Mar 2026
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Visa, Mastercard, PayPal, Stripe warned of debanking consequences (www.bankingdive.com)
submitted 3 days ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
71 comments fedilink hide all child comments
 

The CEOs of Visa, Mastercard, PayPal Holdings and Stripe received letters Thursday from Federal Trade Commission Chair Andrew Ferguson, who demanded they not discriminate against customers based on political or religious grounds.

The FTC threatened enforcement action if customers are denied services for those reasons.

Any act to “deplatform customers or deny them access to financial products or services” may violate the Federal Trade Commission Act and “could lead to an FTC investigation and potential enforcement action,” the agency said in a Thursday press release. The FTC didn’t cite any specific infractions by the companies.

The commission is typically made up of five members, but has just two at the moment. President Donald Trump last fired two of the Democrats who sat on the commission.

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[–] arararagi@ani.social 35 points 2 days ago (4 children)

Can I finally buy my porn games without some third party fucking over the developers?

[–] jasoman@lemmy.world 31 points 2 days ago (1 children)

No they ok with that de-platforming

[–] justastranger@sh.itjust.works 2 points 1 day ago

They want to blanket ban porn after all. That's why the announcement only mentions being debanked for being a conservative and specifically calls out legal transactions.

[–] vane@lemmy.world 9 points 2 days ago (2 children)

Only if you register church of porn games where porn games would be worshiped.

[–] semperverus@lemmy.world 3 points 1 day ago

You may be on to something

[–] Gathorall@lemmy.world 1 points 1 day ago* (last edited 1 day ago) (1 children)

Organizing a religion that emphasizes freedom and tries to incorporate all our likes or dislikes into it is one test of religious freedom I've always wanted to make.

After all if you can globally mutilate children and harass every single other group in existence for religious purposes surely we can be allowed total media freedom, subsidies for our cultural high quality food and preferred parking for our subsidized luxury cars for our starter sacred privileges in society?

[–] justastranger@sh.itjust.works 7 points 1 day ago

The Satanic Temple is close enough.

THERE ARE SEVEN FUNDAMENTAL TENETS

I One should strive to act with compassion and empathy toward all creatures in accordance with reason.

II The struggle for justice is an ongoing and necessary pursuit that should prevail over laws and institutions.

III One’s body is inviolable, subject to one’s own will alone.

IV The freedoms of others should be respected, including the freedom to offend. To willfully and unjustly encroach upon the freedoms of another is to forgo one's own.

V Beliefs should conform to one's best scientific understanding of the world. One should take care never to distort scientific facts to fit one's beliefs.

VI People are fallible. If one makes a mistake, one should do one's best to rectify it and resolve any harm that might have been caused.

VII Every tenet is a guiding principle designed to inspire nobility in action and thought. The spirit of compassion, wisdom, and justice should always prevail over the written or spoken word

[–] BlackLaZoR@lemmy.world 1 points 1 day ago

If stores like Itch.io deployed crypto payments few years ago and built solid user base on it, we wouldn't be having this conversation.