Pornhub gets cut off by VISA and Mastercard

Pornhub gets cut off by VISA and Mastercard – The porn king says yes to cryptomonnages

X-rated cryptos – A few months ago we learned that the X Pornhub site was crypto-friendly, as it had announced that it accepted Bitcoin (BTC) and Litecoin (LTC). But now a plethora of cryptomonnages are joining the game, with the addition of Monero (XMR) among others. The site will now accept no less than 13 different cryptos in total.

Cryptos as the only means of payment?

As explained on the website, the Pornhub company has had some financial problems linked to the refusal of the Visa and Mastercard by Bitcoin Up payment processors to continue to handle credit card payments in certain regions of the world.

The tenth most visited website on the Internet, with 42 billion visits in 2019, was therefore forced to accept only payments by cryptomoney in a few countries, so that its premium customers could continue to pay their monthly subscription.

To do this, the adult video site currently uses the crypto payment processor ProBiller. In addition to Bitcoin and Litecoin accepted since September, the X site also accepts: Monero (XMR), Ethereum (ETH), Bitcoin cash (BCH), Ethereum Classic (ETC), Nem (XEM), Tether (USDT), Tron (TRX), Verge (XVG), Waves (WAVES), Zcash (ZEC) and DASH.

Some areas still on fiat payments

As The Block crypto-media says, cryptomoney has not become Pornhub’s only means of payment worldwide.

Indeed, this would mainly include North America (the United States alone accounts for almost 24% of traffic), the United Kingdom and Singapore. However, in some European countries, such as Germany, the Netherlands or France, it is still possible to pay via direct payment methods, in cash, by SEPA bank transfer.

The conflict between Visa, Mastercard and Pornhub had emerged following a New York Times article accusing the platform of hosting child pornography content but also rape footage. The site, for its part, had initially denied the allegations, but then finally took action very recently under pressure.

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