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Why Banks and Payment Processors Shun Perfectly Legal Businesses
Porn, gambling and even furniture sales are deemed “high-risk” merchant categories. Sometimes the risk is financial; other times it’s just bad publicity.
Von Rob Garver
![“We would usually advise our clients to steer clear of a lot of these things," says one consultant. "Whether it's financial, reputational or regulatory [risk], who needs this headache?” (Illustration: Yunha Lee/CoinDesk)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fstaging%2Fa8270552bb0a30adf2955799891e1d82615c0c54-1440x1080.jpg%3Fauto%3Dformat&w=3840&q=75)