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.
I think I’m going to make it a goal to stop using these companies. I think credit cards should be banned as predatory actually, or at least heavily restricted.
These aren’t credit cards, but debit cards. It’s access to money you have already earned, is in the bank, you own, and Mastercard is saying you can’t spend it on a particular thing. You get around this by doing an ATM cash withdrawal, but it’s still an extra step, and it’s still a megacorp restricting your access to something that the law does not.
I think I’m going to make it a goal to stop using these companies. I think credit cards should be banned as predatory actually, or at least heavily restricted.
These aren’t credit cards, but debit cards. It’s access to money you have already earned, is in the bank, you own, and Mastercard is saying you can’t spend it on a particular thing. You get around this by doing an ATM cash withdrawal, but it’s still an extra step, and it’s still a megacorp restricting your access to something that the law does not.