Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United States.
    • Belgdore@lemm.eeEnglish
      21·
      1 year ago

      What federal law are they adhering to? Mastercard isn’t buying the drugs they are denying a person access to the funds that that person already owns. Mastercard should be agnostic to what the person uses that money for.

      It sets a precedent that card companies are responsible for what their client’s purchase, and can reject transactions based on what their clients are purchasing, not how much money/credit they have.

      I can go after corporate shitheads and fascists especially when they are holding each other’s cocks.

        • Belgdore@lemm.ee
          21·
          1 year ago

          Why should I care what a person is buying? So what if they are buying hitmen or 100 kilos of cocaine? If and when they get caught they will go to prison. It’s not Mastercard’s job to police the system.