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Indeed, the United States has long wanted India to stop processing payments to Iran via its central bank clearing system.
Last Monday, a man named Thomas Dart wrote MasterCard and asked them to stop processing payments on Backpage.com, the country's premier online adult services advertising board.
Under PIPA and SOPA, the Justice Department would then order financial institutions to stop processing payments for HuffPost, which would keep them from collecting advertising revenue.
With American Express, Visa and Mastercard all agreeing to stop processing payments for Backpage, anyone who wants to place an adult services ad on the site will have to pay with the cryptocurrency bitcoin.
Alternatively, Warner Bros. could force credit card companies to stop processing payments to the site, make Google to remove it from search results, and the force the site's ISP from hosting it on the Web.
WASHINGTON -- Classified advertising website Backpage filed a lawsuit against an Illinois sheriff's office on Tuesday, alleging the sheriff had convinced major credit card companies to stop processing payments for listings on the site, therefore violating the free speech rights of its users. .
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In recent weeks, Amazon stopped hosting WikiLeaks content and PayPal, Visa and Mastercard stopped processing payments to the organization.
Visa and Mastercard are reported to have stopped processing payments to SMP bank after its billionaire co-owners Boris and Arkady Rotenberg were included in US sanctions.
The targeted firms had stopped processing payments to Wikileaks, the anti-secrecy site, in the wake of the publication of 700,000 classified US documents and diplomatic cables.
Visa and MasterCard have already stopped processing payments to Rossiya Bank, which was sanctioned in March, as well as SMP bank.
Or content subscription service Tugboat Yards telling creators it would stop processing monthly payments to them less than a month after it was acquired by Facebook.
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