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Thursday, July 19, 2012

French Credit Card Allows Wikileaks Donations

Wikileaks is back in the donation-accepting business and hopes to raise EUR1 million thanks to French credit card system Carte Bleue. The organisation claims to have been financially crippled after a lengthy fight against VISA and Mastercard’s banking blockade.

To circumvent the impasse, Julian Assange’s crew has launched a new payment gateway via French credit card system, Carte Bleue. While is it linked with the VISA and MasterCard systems globally, the financial heavyweights are contractually barred from directly cutting off merchants through the Carte Bleue system. Wikileaks has warned that arrangement may not last long.

A European Commission preliminary investigation into the blockade was started in July 2011. A Commission decision on whether to pursue the financial services companies involved in the blockade is expected before the end of August.

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