But it may not be enough to stop what's become an entrenched pattern of systematic discrimination by payment processors -- one that disproportionately denies financial opportunities for women.
It remains to be seen whether or not the ruling and new guidelines will change the entrenched practices of online payment processors in denying equal financial access, rights, and opportunities to small businesses, artists, and contractors whose business happens to be sex.
Pay Pal was just better than anything else out there and became the payments gold standard on e Bay.
Ultimately the fact of the matter is, while keeping corporate mitts off free speech is everyone's business, sex is becoming a woman's business.
So why should this matter to companies like Chase, Pay Pal, and Square?
It was a bargain: in Q2 2014 Pay Pal’s revenues were $1.98bn growing 20 per cent year on year. It’s been a moot discussion for some time, raised most recently by investor activist Karl Icahn who tried to use his influence as a major shareholder earlier in the year to split the companies up.
He failed and e Bay CEO John Donohoe vehemently argued that the two were better together. Pay Pal needs the space As analysts have reported for the past few years, all the yeast in e Bay Inc’s performance has come from Pay Pal which has increasingly found new revenues off-e Bay.
Specifically ones that feature content from sex workers.
And in June, the FDIC clarified that it's against the rules for businesses like Pay Pal, Chase and Square to refuse business or close accounts based on "high risk" assessments related to human sexuality.
Here are just a few: Forget about ever having to pull out your credit card or fiddling with Pay Pal.
Fuckbook is a free service designed to get you laid.
Whilst it is true that more men register on the site than women at a ratio of around 6:1 many of the men never progress to becoming paid premium members whilst all women who join have membership automatically.