Leahy Wants MasterCard, Visa to Review Cyberlocker Payment Processing Policies
Senate Judiciary Committee Chairman Patrick Leahy, D-Vt., asked MasterCard and Visa, in separate letters Tuesday, to potentially reclassify payment processing for cyberlockers as "illegal activity." Leahy cited a September report by the Digital Citizens Alliance and NetNames, which found that…
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the centralized file hosting websites, often used for copyright infringement, earned revenue through payment processing by major credit card companies (see 1409190067). Leahy told Visa CEO Charles Scharf and MasterCard CEO Ajay Banga that the 30 cyberlockers analyzed in the report serve “no legitimate purpose or activity,” and that the companies should “swiftly review the complaints against those cyberlockers.”