Credit card firms cut off AllofMP3.com
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Visa International and MasterCard Inc. have stopped accepting credit card transactions for purchases of online music made on a Russian Web site accused of selling music illegally, officials for both payment systems said Wednesday. Now that’s an interesting way to fight illegal music downloads. I wonder what they are getting in return for stopping the transactions.
San Francisco-based Visa asked member banks not to process purchases from AllofMP3.com as of Sept. 1, said Simon Barker, a spokesman for the company. “The action Visa has taken is in line with legislation passed in Russia and with basic international copyright and intellectual property norms,” Barker said.
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