Mastercard demands US cannabis shops stop accepting debit cards
Mastercard demands US cannabis shops stop accepting debit cards
www.bbc.com Mastercard demands US cannabis shops stop accepting debit cards
The issuer says its debit cards must not be used for legal cannabis, due to federal laws in the US.
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There should be a law prohibiting these payment companies to be picky when it comes to legal transactions.
Unfortunately, these are illegal according to the federal government, which regulates these financial institutions
Cough "regulates" cough
I agree on a level, but interstate commerce laws mean that these institutions are held by federal regulation to not accept these payments. As others here have said, the real issue is marijuana needs to just be legalized on the fed level. Then this wouldn’t be an issue.
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