The outcry after a recent marketplace crackdown on games with adult content, seemingly due to pressure from payment processors, prompted Mastercard to release a brief statement Friday pushing back against recent headlines.
“Mastercard has not evaluated any game or required restrictions of any activity on game creator sites and platforms, contrary to media reports and allegations,” the company said, adding, “At the same time, we require merchants to have appropriate controls to ensure Mastercard cards cannot be used for unlawful purchases, including illegal adult content.”
This follows an open letter by the advocacy group Collective Shout addressed to executives at Paypal, Mastercard, Visa, and other companies, criticizing them for allowing the sale of “No Mercy” and other games that depict rape, incest, and child sexual abuse.
Are credit card fees really 4-7% in the US? In the EU also Visa and MasterCard are really popular but fees are capped at 0.3%.
https://eur-lex.europa.eu/EN/legal-content/summary/fees-for-card-based-payments.html
I’ve never seen 7%, but yeah, after everyone gets their cut the US is around 3% at the end of the day to process credit cards. We even have gas stations here that have separate advertised rates for credit vs cash.
I’ve owned and operated a few US service businesses and Visa/MC were 1-3%. Discover was 2-3%. AmEx was 3-6%.