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As is pointed out in the article, the issue is the chargebacks. If you have to many, the credit card processing company (I don't know who Stripe uses) will close your account. Both MasterCard and VISA will also shut you down if you have to many charge backs, or to much fraud.

Stripe would have to setup an entirely separate legal entity to do this. Otherwise they would risk not being able to process ANY card transaction, because the porn sites have to many chargebacks. It would potentially be a risk to their primary business.

I think Stripe is "giving up" on the money for the same reason many others are: It's simply not worth the hassle. If you have a nice income doing payments for non-adult sites, why bother?



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