Mastercard Cuts Ties With Pornhub

Mastercard cuts ties with Pornhub. Global payment companies Mastercard revealed on 10 December 2020 its formal decision to prohibit their customers from using credit and debit cards to buy one of the largest adult websites. Visa has taken the same action on a provisional basis.

According to a statement on Bloomberg, Mastercard said that after having investigated Pornhub “over the past several days,” which “confirmed violations of our standards prohibiting unlawful content on their site.”

Visa also agreed to temporarily ban payments to Pornhub on the same day. They referred to the allegations posed in a column published in the New York Times, which alleged that the website was negligent in deleting videos depicting child abuse and non-consensual violence, although Pornhub denies all charges. One year ago, Paypal agreed to do the same by suspending payments to the adult website.

In January, Pornhub was making steps towards crypto adoption. One of its first crypto payment methods added was tether (USDT), as in the announcement, the website detailed that the fact that the U.S. dollar backs tether makes it easier and secure for the user to send the payment.

The adult site clarified that users could take advantage of wallets that support Tron-based digital assets. Such announcement was backed at that time by Tron’s founder, Justin Sun, who said that “this is a brilliant way to support the victims of centralized payments platforms like Paypal.”

Followed by tether’s addition, Pornhub added bitcoin (BTC) and litecoin (LTC)as payment methods for its premium services since September 01, 2020. As of press time, it stands as the tenth most popular website in the world with 7.21 billion monthly visitors.

[image: Shane uchi]

Bitcoin (BTC) $ 62,973.87 5.22%
Ethereum (ETH) $ 3,072.50 5.42%
Tether (USDT) $ 1.00 0.05%
BNB (BNB) $ 548.45 4.95%
Solana (SOL) $ 135.59 12.74%
USDC (USDC) $ 1.00 0.04%
Lido Staked Ether (STETH) $ 3,066.55 5.41%
XRP (XRP) $ 0.492858 4.79%
Dogecoin (DOGE) $ 0.155794 7.54%
Toncoin (TON) $ 6.32 12.06%
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