Credit card transactions suspended on illegal music site

Visa and MasterCard have decided to no longer permit credit card transactions for purchasing music made on Russian website, which has been accused of selling music illegally.  U.S. officials charge that the website operates outside international agreements and that no artists have been paid royalties.

According to a spokesman, Visa requested that member banks no longer process purchases from as of Sept. 1, 2006.  He added that Visa's action was in line with legislation passed in Russia and with basic international copyright and intellectual property norms.

Meanwhile, a MasterCard spokesman said the No. 2 payment system stopped accepting credit card purchases on the website in early August, noting that MasterCard does not tolerate the use of its network for illegal activity. generally charges less than $1 for an entire album and only cents per track, versus the usual cost of about $10 per album and 99 cents a song on Apple's iTunes Music Store and other licensed services.

A Washington-based spokesman for Moscow-based Mediaservices Inc., which owns AllofMP3, confirmed that Visa has suspended payment processing services on the website, but said he was unaware of any other payment vendors who had chosen the same path.  Mediaservices claims it has a licensing agreement with the Russian Organization for Multimedia and Digital Systems, enabling it to legally distribute music from every artist and label.

Join the discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

The editorial content on is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company's business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.

Weekly newsletter
Get the latest news, advice, articles and tips delivered to your inbox. It's FREE.

Updated: 03-24-2019