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Posts Tagged ‘Visa’

Big problems for online porn credit card processor

Big problems for online porn credit card processor

Sanjiv Bhattacharya of Details profiled the rise and fall of online porn payment processor Chris Mallick. After earning a fortune processing online-porn payments, Chris Mallick spent $32million to make Middle Men, a movie about his fabulous rise starring Luke Wilson. The movie bombed, but that was just the beginning of his problems. His [...]

The push-button tool being used to shut down Visa, MasterCard, and other sites

The push-button tool being used to shut down Visa, MasterCard, and other sites

Terrific piece by Joel Johnson from Gizmodo about the software tool being used to take down MasterCard, Visa, and Sarah Palin's websites. LOIC ("Low Orbit Ion Cannon") is an application developed by 4Chan-affiliated hackers designed to--when used en masse by thousands of anonymous users--launch Distributed Denial of Service (DDoS) attacks on [...]

AMEX, Visa, & MasterCard All Give Thumbs Up To $10 Credit Card Minimums

AMEX, Visa, & MasterCard All Give Thumbs Up To $10 Credit Card Minimums

For years, educated credit card holders have been safe in the knowledge that a merchant could not require them to purchase a minimum amount in order to charge something to their cards. But with the recent passing of the finance bill, the door has been opened to allow such minimums -- and the card companies are just fine with that. Visa is [...]