A couple of years ago, various anti-spammers discussed how the credit-card payment processing companies were perfectly placed to disrupt the spam economy, by tracking down spammers through “poison pill” transactions. Nothing happened from that, though, and spam is now a bigger problem than ever.
Today, I hear that the Russian MP3 site, AllOfMP3, have lost their account with Visa to process credit-card payments.
In other words, it sounds like the banks are happy enough to close off filesharing, but couldn’t be bothered dealing with spam…