Visa and Mastercard will stop processing payments for the advertising arm of Pornhub’s parent company following the development of a child pornography lawsuit.

Last Friday, a federal judge in California denied Visa’s request to dismiss a lawsuit by a woman who claims the card giant knowingly facilitated the distribution of child pornography on Pornhub.

In a statement, Visa CEO Al Kelly said the company “condemns sex trafficking, sexual exploitation and sexual abuse of children. It is illegal and Visa does not allow our network to be used for illegal activity.”

However, the court ruling prompted Visa and Mastercard to stop accepting payments for TrafficJunky, the advertising arm of Pornhub’s parent MindGeek.

The card giants stopped processing payments for Pornhub in late 2020 after a New York Times story alleged the site hosted child sexual abuse videos. However, the court decision raises questions about indirect funding.

A statement from Mastercard said: “We are directing financial institutions to stop accepting our products on TrafficJunky.

“New facts from last week’s court decision have made us aware of advertising revenue beyond our control that appears to provide Pornhub with indirect funding.”

https://www.finextra.com/newsarticle/40768/mastercard-and-visa-stop-processing-payments-for-pornhub-advertising-arm?utm_medium=rssfinextra&utm_source=finextrafeed

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