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flag FTC warns payment processors against denying services based on political or religious beliefs.

flag The Federal Trade Commission has warned major payment processors, including Mastercard, PayPal, and Stripe, against denying financial services to customers based on political or religious beliefs. flag FTC Chair Andrew Ferguson sent letters citing President Trump’s executive order prohibiting debanking law-abiding individuals. flag He stated that such denials could trigger FTC investigations and enforcement actions under the FTC Act.

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