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Steam is now blocking NSFW updates for published adult-only games, according to a raunchy RPG developer
(www.rockpapershotgun.com)
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If they really wanted to comply, they could find a workaround. This Visa excuse is kind of lame. Enable visa payments to purchase steam points (in exact amounts), that can then be used to buy a game for example, and work around it.
It's not like this really affects my life, as I'm not a horny teenager or old man buying these games, but it's the point here that matters. Letting a payment processor dictate content is insane.
Maybe it's time to go back to a pre-platform PC world?
That wouldn't work. Visa and the others don't care what exactly someone buys on Steam. They're saying that Valve can't sell certain things on their store, or they will stop processing payments that go to Steam. Doesn't matter if you pay for "points" or games directly.
The only way to get around that would be to remove the option to pay with Visa, etc. from Steam entirely and only accept other forms of payment. This would include physical Steam gift cards that could then be bought with any payment option, but only as long as Visa, etc. don't start threatening stores that sell those.
Also, to your last suggestion: I don't see how that would help. Publishers and developers need to make money somehow and if that involves Visa, etc. at all we're back to square one.