Quick Index
 Adult Industry News
Search AINews Database
Type Keyword or Phrase Here
Advertise with AINews Pornography feminists unshackle their desires and celebrate their sexuality in the patriarchal world

Front Page
Film News
Media News
Business News
Clubs & Appearances
Law & Politics
Internet & Mobile News
Lifestyles Arts Health Charity
Letters to the Editor
Movie Spotlight Reviews
Pornstar Pages
AINews Staff
Ad Rates
PR 101: Press Release Service

Porn for GEEKS! Meet me & my friends!

Brea Bennett at Twistys

June 14, 2000 04:58am
Adult Industry Leader Not Surprised Visa And MasterCard are On Trial for Unfair Business Practices
Source: News Wire
by: Company Press Release

(CHATSWORTH, CA) -- The publisher of AVN Online®, the leading adult entertainment Internet trade publication, says his industry has felt firsthand the enormous influence that Visa and MasterCard can exert when they want to enforce their own business practices.

``We were not surprised to see the Department of Justice battling Visa and MasterCard in Federal Court for alleged monopolistic practices, because the adult entertainment industry has experienced the enormous power these companies can exert when they want to get their own way,'' says publisher Darren Roberts, who is also the senior officer for IA2000, the world's largest adult Internet/Audiotext trade show.

Roberts says the adult industry has galvanized to fight the giant credit card companies over what it feels are discriminatory business practices. Specifically, Visa and MasterCard have began implementing severe ``chargeback'' policies for the audiotext and videotext industries, and last month American Express announced it would stop handling transactions for adult websites.

``The card companies are attacking the adult industry instead of attacking the root of the problem. For example, secure authentication technologies such as SET (Secure Electronic Transaction) have yet to be fully embraced by the credit card companies,'' Roberts says. ``Our industry has formed advocacy groups, such as Flying Crocodile's recently launched Credit Card Watch, to address these concerns.''

Flying Crocodile CEO Andrew Edmond says: ``While credit cards are the financial foundation for nearly all Internet business, thus far, the credit card industry has been the least supportive or innovative in developing and perfecting e-commerce. Instead, these companies' coordinated efforts seem intent on derailing the continuing success of online sales with their dictatorial policies, resistance to adopting new fraud-fighting technologies, and continual segregation of market camps.''

Roberts notes that other Internet ventures, including Microsoft's Expedia, ``escape unscathed while incurring huge quantities of chargebacks. Expedia announced in March that it would have to set aside between $4-$6 million to cover card fraud allegedly perpetrated against the company, but the card companies aren't going after it - they're only attacking the adult industry.''

Look for news on this and other Internet/Audiotext issues to come out of IA2000, the ``only truly practical adult Internet business-to-business marketplace,'' attracting a record number of exhibitors to its New Orleans meeting on September 22-24, 2000.

Advertise with AINews



Top Stories

Inside The Industry 04/25/2018


Natasha Nice Gangbang

Amateur Introductions 26

Sex Expo NY 2018

2018 XRCO Awards Announced

Banks, Rose at Treasures

Anal Violation of Bonnie Grey ~ Reviewer Rated

Kiki Daire Hosting Karaoke 2.0 Tonight

Eros, a Short Film

MWA: 03/04/18

Lee Signs Victoria June

Maxine X Voted #1

Czernich Releases Heavy Rubber 37

Legal Panel: Weinstein, #MeToo

Strip Club Rock Festival Promotion

Natasha Nice Spring Schedule

MWA: 02/28/18

APAG Investigates Abuse

Nikki Benz at Sapphire NY

Kelli Roberts' Novel Bad Night

Consent Checklist

Nice Girls Swallow 10

Stories From

Internet & Mobile News

Inside The Industry 04/25/2018

Natasha Nice Gangbang

Maxine X Voted #1

Natasha Nice Spring Schedule

Lauren Phillips on Cyberbullying


Dinner With Ron

Patriots Win = Superbowl BJs!

Jelena Jensen Girlsway GOTY

New Model Leila Sugarcookie

VNALive Marathon

Rachel Raxxx CumBang

Vote Porno Dan

Inked Angels Now Podcasts

Lauren Phillips Launches Site

Alexis Golden Skype Show 12/6

Vicky Vette AVN Nom

Bunny De La Cruz Website

VNA Celebrates 10,000 Shows

Angelina Castro Anniversary

Sugarcookie Earns Nom

Sabrina Deep AWA Noms


Its Cleo Lands Radio Show

FreePornDay 9/8/2016

Teri Weigel on Rock'N'SeXXXy

Sins Explore Limits on Snapchat

Internet & Mobile News Section Index

Jelena Jensen Girlsway GOTM

Penny Pax New Site

Brooke Bliss on Fleshbot

Katrina Jade GOTM

Marica Hase Official Site

World Bukkake Tour

Shawna Lenee Dogfart GOTM

New Webcam Opportunity

NaughtyAllie Facelift

Paradise Marketing New Website

RNSU Radio Thurs March 24

New Gay News Site

Danni Ashe Awarded

New Wave Porn: BrightDesire.com

XBIZ Trophy Girls

Adult Webcam Conference

Hirsch XBIZ Keynote Speaker

Hill and Howard Raw

Night, Rai, Moore, on Inside

More w/Mo Celebrates 100

Introducing Bitcoin Porn Sites

Rock'N'SeXXXyu Radio This Thurs

Mindbrowse with Royalle, St. James

Raven Bay on Jukeboxx

Copyright © 1998 - 2018 Adult Industry News (AINews.com)
All materials constituting text, articles, press releases, stories, columns, photographs, graphics, and code on the AINews.com domain are protected by copyright, and either owned by Adult Industry News (AINews.com), or reproduced with permission from other copyright owners. It may be downloaded and printed for personal reference, but not otherwise copied, altered in any way, or transmitted to others, without the written permission of Adult Industry News (AINews.com).