Visa Inc.,
Mastercard Inc.,
PayPal Holdings Inc. and
Stripe Inc. received letters from a Washington antitrust regulator warning the firms not to deny customers access to services based on their political or religious views.
US
Federal Trade Commission Chair Andrew Ferguson sent the letters to the payment companies’ chief executive officers, citing reports that some customers had been blocked based on their beliefs, according to a
statement Thursday.
“It is inconsistent with American values to deny law-abiding individuals the ability to run their legitimate businesses and feed their families because they attracted the ire of rogue American officials, overzealous activists, or, more worryingly, foreign governments seeking to control public discourse,” Ferguson said in the statement.
“Debanking” of conservatives has been a focus for the Trump administration, which
sued Wall Street behemoth
JPMorgan Chase & Co. and its top executive, Jamie Dimon, earlier this year, saying the bank had cut off the president and his businesses for political reasons. The Trump Organization
also sued Capital One Financial Corp., accusing the bank of political discrimination.
JPMorgan and Capital One have both denied the allegations.
Representatives for Visa, Mastercard, PayPal and Stripe didn’t immediately respond to a request for comment on the FTC’s letters.