Just like with large privately owned social media platforms that manage a significant amount of discourse (Twitter, Reddit, etc), payment processors have an oligopoly on a significant portion of transactions in society. I feel Visa blacklisting a company based on vague political grounds like “hate speech” should be disallowed since it is not much different from the government banning a company based on speech (in terms of impact). We can probably expect other payment processors to follow suit, just like Visa and MasterCard teamed up to stop payments to Wikileaks in the past.

With these fundamental utility organizations becoming increasingly political, what options (legally/politically/technically) are there to work around them?