Chase Refuses to Process Payments for Condoms
Yesterday, the news shows were filled with predictions on how the Supreme Court would resolve the “Hobby Lobby” case, which revolves around whether a private company can refuse to offer contraception coverage in the health insurance policies it provides for its employees. I sincerely hope the justices hear about what an affiliate of JP Moran Chase just did before they rule.
Chase Paymentech, the payment processing service offered by JPMorgan Chase, has refused to process payments for Lovability, a condom company, because they consider the action a “reputational risk”.
Loveability Inc., which Facebook classifies as a “health and beauty” company, was founded by mother-daughter team Pam and Tiffany Gaines “to empower women to take responsibility for their sexual health.”
Lovability’s mission, according to its website:
Lovability Inc. brings you beautifully packaged condoms with one goal in mind: to de-stigmatize women’s relationship with condoms by helping women celebrate the empowerment that comes from being prepared…