| It's Visa supported, and Visa doesn't want sex. There are actually strong, non-"puritanical" reasons for this. An oft-cited anecdote is the spouse or parent that finds mysterious porn charges on the credit card. Sex-related services carry an extremely high rate of charge backs. The transaction risks are much, much higher than other categories of goods and services. So while Visa could simply charge more, there are numerous other headwinds that make this tricky. Political will, payments risks, brand risk, and deep rooted family/social stigmas that fuel the rest. They kind of all have to be dealt with at once for this to start making economic and business sense. For proponents, it's going to take generational change to shake all of these network effects out. The first step of which is consumers (Gen Z?) publicly admitting that they see no harm in sex-related commerce and to begin showing this in their purchasing behaviors. John Oliver recently covered this as it relates to sex work. Stigmas and dispositions are changing, but it's slow. A lot of signalling has to happen to a lot of people. |