December 11, 2020 • 35 mins
In a stunning rebuke, MasterCard and Visa have stopped allowing usage of their financial services at hub.
Mastercard said in a statement on Thursday that the investigation “confirmed violations of our standards prohibiting unlawful content on their site,” which prompted the company to terminate the acceptance of its cards on the site.
In a separate statement, Visa said, “We are instructing the financial institutions who serve MindGeek to suspend processing of payments through the Visa network,” pending the completion of its investigation.
Mastercard said in a statement on Thursday that the investigation “confirmed violations of our standards prohibiting unlawful content on their site,” which prompted the company to terminate the acceptance of its cards on the site.
In a separate statement, Visa said, “We are instructing the financial institutions who serve MindGeek to suspend processing of payments through the Visa network,” pending the completion of its investigation.
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