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An article relating to this blog post on Finextra:

Visa and MasterCard cut off payments to WikiLeaks; Assange remanded in custody

The persecution of the WikiLeaks whistle-blowing Website continues, as founder Julian Assange is arrested by UK police and MasterCard and Visa join PayPal in cutting off donations to the operation.


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Mastercard or Visa to donate to wikileaks?

A few thoughts have occurred to me.

Financial services firms cutting off a publisher for 'alleged' crimes where no evidence of any crime by the publisher has been presented, let alone were they convicted of any offence.

Mastercard and Visa need to question the aptitude their management have for the modern world.  Do they think this will end well for them? Lawsuit perhaps? I'd suggest the boards examine their options.

As for the reasons they have given for terminating 'service' for wikileaks, I am sad to say there have and are many instances where US Senators and even Presidents would have far better qualified for service termination. Customers may not be as stupid as you think they are.

Perhaps Mastercard or Visa could provide examples of where they have taken this action in the past?

I'm not a lawyer but if I was I sure would be lining up this one.

What happens when donations start to flow through say the hawalah system? Now that would be interesting.

4988

Comments: (8)

A Finextra member
A Finextra member 08 December, 2010, 10:32Be the first to give this comment the thumbs up 0 likes

Indignant?

I peruse Amazon (who shut down the wikileaks site) and purchase a book full of wikileaks with my Mastercard and then use Visa for another of the 100 odd wikileaks books for sale on Amazon.

Ponder that.

Keith Appleyard
Keith Appleyard - available for hire - Bromley 08 December, 2010, 11:04Be the first to give this comment the thumbs up 0 likes

I just checked, and "Assange" or "Wikileaks" doesn't appear on the US Treasury Office of Foreign Assets Control (OFAC) List of Specially Designated Nationals and Blocked Persons ("SDN List") - so by what authority/request are PayPal, Amazon, Visa & MasterCard blocking him?

Does this mean that my previous Credit Card donations might now be subject to sub poena, and I might get a midnight knock on the door?

A Finextra member
A Finextra member 08 December, 2010, 11:25Be the first to give this comment the thumbs up 0 likes

Visa, Mastercard, paypal and Amazon have all profited and continue to profit from selling wikileaks.

Julian Assange has not.

Amazon almost has a monopoly on profiting from selling wikileaks cables.

The UK Govt is making a tidy profit on the VAT from Amazon UK sales.

Get your cables here from Amazon. Visa and mastercard accepted.

http://www.amazon.co.uk/WikiLeaks-documents-expose-foreign-conspiracies/dp/B004EEOLIU/ref=sr_1_2?ie=UTF8&qid=1291803558&sr=8-2

A Finextra member
A Finextra member 08 December, 2010, 11:51Be the first to give this comment the thumbs up 0 likes

I thought I'd better add:

DONT PAY FOR THEM!

In case you didn't know there are hundreds of places you can still get them for free despite Amazon's (and I suspect a certain government hiring their servers for some 'browsing') best efforts.

A Finextra member
A Finextra member 08 December, 2010, 11:57Be the first to give this comment the thumbs up 0 likes

Opps I have to withdraw mastercard from the list - they seem to be having service issues preventing them from taking part in the wikileaks bonanza.

Will that do anything to their share price? Or visa? I mentioned the idea of shorting some last week.

A Finextra member
A Finextra member 08 December, 2010, 20:58Be the first to give this comment the thumbs up 0 likes

Heard a few good potential ad slogans for mastercard:

'Mastercard - the choice of every well-behaved slave.'

'If you want to become a slave use the Mastercard.'

 

Will post the visa ones later.

A Finextra member
A Finextra member 08 December, 2010, 21:24Be the first to give this comment the thumbs up 0 likes

BBC reports that the lawyers are lining up. http://bbc.in/f7jQyZ

Who would have thought?

A Finextra member
A Finextra member 09 December, 2010, 01:04Be the first to give this comment the thumbs up 0 likes

Paypal guy quizzed at mobile tech conference.

http://gawker.com/5709579/

paypal have apparently released donations to wikileaks but still prohibit service.

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