• @Electricd@lemmybefree.net
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      -617 days ago

      They provide the digital infrastructure to have payments and money flows

      Payment processors are other companies which use payment networks to process said transactions. Then often have their own rules which are more strict than payment networks

          • @Lumidaub@feddit.org
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            917 days ago

            I don’t know, every news story I read on this said “Mastercard and Visa”. I don’t see how whether they are technically considered “processors” or “networks” matters to me or the issue.

            • Microw
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              117 days ago

              Yeah and those stories are wrong

              Processors = Stripe, PayPal, and offline the companies that install card terminals in shops

              Networks = Mastercard, Visa

              The processors told itch and Steam to deindex those games. The processors claim that they have to do this due to contracts with the networks, but Mastercard currently denies this

            • @Electricd@lemmybefree.net
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              -217 days ago

              I’ll inform myself further on the subject but it sounds weird that visa and mastercard would ban those things. You’re able to purchase pornhub subscriptions with your visa/mastercard card (which can only go through the designated network on your card), so why wouldn’t you be able to purchase other type of adult games? So far all instances I’ve seen of banning have been from payment processors. Saw a post where a network said that they accept anything that’s legal