Visa/Mastercard Gatekeeping

Comments focus on Visa and Mastercard's role as powerful payment processors that act as gatekeepers, denying services to certain businesses or groups, often criticized as monopolistic censorship influenced by ethics, pressure, or policy.

➡️ Stable 0.8x Finance & Crypto
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Comments
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#9190
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Keywords

US MILLIONS OK nerdwallet.com SSN whitehouse.gov cointelegraph.com SecureCode mastercard.com AmEx mastercard visa visa mastercard payments card payment credit private companies monopolies banks

Sample Comments

gs17 Jul 22, 2025 View on HN

Then Visa/MasterCard wouldn't need to be the ones to force it.

thrower123 Nov 14, 2019 View on HN

I'm not sure how they would avoid getting frozen out by Visa/Mastercard/Amex in turn

pas Jul 20, 2019 View on HN

You already have MC/Visa as gatekeepers.

xnx Aug 6, 2025 View on HN

I'm surprised Visa and Mastercard are OK with this.

duped Apr 19, 2023 View on HN

Visa and Mastercard take issue with it.

dominotw Jun 26, 2020 View on HN

dont forget visa and mastercard monopolies doing the same thing

fomine3 Dec 16, 2020 View on HN

Visa and Mastercard are both in US based, that's another problem out of this case. They censors things in the world by US citizen's ethics.

mchusma Sep 21, 2022 View on HN

I don't get it, seems like it is still using visa/MasterCard? Aren't they the ones at the root of most issues?

hugh3 Jul 2, 2011 View on HN

Surely Visa and Mastercard have the right to to business with whomever they like?

xorcist Aug 11, 2020 View on HN

Doesn't the likes of Mastercard and Visa pay some sort of kickback?