> the adult industry sees a vast amount of fraudulent transactions.
There are two sides to this. For actual porn sites, the "vast amount of fraudulent transactions" are actually friendly fraud. Husbands getting caught and denying they did anything, or claiming to not have approved a charge. While up-sales and cross sales are contributor to this, this actually leads to much less fraud then you'd anticipate. It's usually the 3-day free trial that gets people (and rather than contacting support, who'd promptly refund the money), they just claim their credit card was stolen.
The truth is, when you compare the majority of the porn industry with the majority of the gaming, movie, and music industries (all entertainment industries), porn companies treat their customers far better than the others.
Disclaimer: I worked in adult industry doing credit card processing for about 10 years.
There are two sides to this. For actual porn sites, the "vast amount of fraudulent transactions" are actually friendly fraud. Husbands getting caught and denying they did anything, or claiming to not have approved a charge. While up-sales and cross sales are contributor to this, this actually leads to much less fraud then you'd anticipate. It's usually the 3-day free trial that gets people (and rather than contacting support, who'd promptly refund the money), they just claim their credit card was stolen.
The truth is, when you compare the majority of the porn industry with the majority of the gaming, movie, and music industries (all entertainment industries), porn companies treat their customers far better than the others.
Disclaimer: I worked in adult industry doing credit card processing for about 10 years.