Over the past few months you may have noticed that IAS’s credit cards have been somewhat intermittent – this has had nothing to do with the strength of our business, actually demand for our products and services has never been higher. The problem has been with MasterCard and Visa who are trying to apply US regulations throughout the world. Without boring you with all the details, they essentially want to block all pharmaceutical sales online. How? By attempting to apply US laws throughout the world! Thus requiring prescriptions for all, or by blocking those who offer FDA unapproved medicines – obviously this is a complete ignorance of international laws. Consider that many of the world’s medicines are not FDA approved; but nonetheless they are approved by other governments such as Canada, Germany, Australia, Italy, Japan or Britain etc., do these governments provide medicines that are more dangerous than FDA approved ones? No of course they do not.
I'm not really sure how I feel about this. Two corporations that I absolutely hate fighting it out. On the one side we have Visa and Mastercard (credit card companies and man do I hate credit) and on the other we have Big Pharma (we all know about these guys' track record). I feel like this is like watching a bear fight a tiger over which one of them gets to eat you.