7/1/2015 - Visa became the second major credit card company this week to stop allowing its card to be used to purchase adult ads on Backpage.com.
The decision came after a request from Cook County Sheriff Tom Dart, who wrote to both Visa and MasterCard earlier this week about his concerns that the ads are fueling the sex trade -- including the trafficking of minors.
MasterCard agreed to remove its card earlier this week. American Express took such action early this year.
At a news conference announcing Visa’s decision, Dart lashed out at Backpage.com and its refusal to acknowledge how pimps and traffickers use the ads in its adult section.
Dart did not approach the digital currency bitcoin because it is a significantly riskier and less reputable form of finance, and therefore not as likely to be fueling the trade.
In April, Backpage published 1.4 million adult services ads across the country, with the company bringing in at least $9 million, the sheriff's office said.
Meanwhile, since 2009, Cook County sheriff's officers have made more than 800 arrests by using information supplied in the ads. Those include more than 50 arrests for sex trafficking, involuntary servitude or prostitution promotion. (Dave notes 50 out of 800 and how many of them were consenting adult trafficking like helping adult women meet customers, drivers or phone helpers that are classified as pimps?)