• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechCharlottesville Violence

Visa, PayPal and More Are Banning Hate Groups. Will It Work?

Barb Darrow
By
Barb Darrow
Barb Darrow
Down Arrow Button Icon
Barb Darrow
By
Barb Darrow
Barb Darrow
Down Arrow Button Icon
August 18, 2017, 5:05 PM ET
Violent Clashes Erupt at "Unite The Right" Rally In Charlottesville
White nationalists, neo-Nazis and members of the "alt-right" clash with counter-protesters as they enter Emancipation Park during the "Unite the Right" rally August 12, 2017 in Charlottesville, Virginia.Chip Somodevilla Getty Images

In the aftermath of a recent white supremacist rally that turned violent, several technology companies moved to curb the use of their services by extremist groups. But some say the firms’ decisions will have at best a muted effect on hate organizations, thanks in part to the practical limitations of their policing efforts and the rise of digital currencies like Bitcoin.

Payment processing firms including Visa, Discover, PayPal and others have recently said they are working to prohibit violent hate groups from using their services. That followed last weekend’s rallies in Charlottesville, Virginia that left three dead. Reuters reports that crowdfunding platform GoFundMe also shut down accounts created to support James Alex Fields, who is accused of driving a vehicle into counter-protesters, killing one. (Separately, two police officers were killed when their helicopter crashed while responding to the rallies.)

Still, experts argue that these steps won’t fully block people from financially supporting hate groups. Brendan Miller, a Forrester Research (FORR) analyst who covers payment systems, said that’s in part because people signing up for PayPal and similar services often omit their intent. “It can be hard for Paypal to know that a specific account holder is a white supremacist,” Miller said via email. But he added that payment providers certainly can and have shut down hate-mongering websites.

Cynthia Miller-Idriss, associate professor of education and sociology at American University, also pointed out that it will be hard to track the impact of payment companies’ restrictions on extremists. It’s not as if these groups issue detailed financial statements, after all.

Meanwhile, financial services firms also face the tough task of deciding which groups violate their rules and which are merely unpalatable, a free speech debate similar to the one being hashed out by executives and users at social media companies like Facebook and Twitter.

Related: Here are the companies blocking hate sites

As hate groups lose access to mainstream financial services, they are increasingly embracing alternatives. Some are turning to cryptocurrencies like Bitcoin, which are anonymous, largely unregulated, and lack the gatekeepers who control state-backed currencies. Crowdfunding site Hatreon (a play on funding platform Patreon) bills itself as “a platform for creators, absent speech policing;” it has attracted the likes of Andrew Anglin, founder of the Neo-Nazi site The Daily Stormer, and Richard Spencer, a prominent white supremacist. Meanwhile, even if PayPal and its ilk refuse to service people like Anglin and Spencer, there remains any number of other users willing to act as their intermediaries.

Get Data Sheet, Fortune’s daily tech newsletter.

Ultimately, hate groups can still open and use private accounts on PayPal, Venmo or a variety of similar services. Or they can forego digital platforms entirely, opting instead to send cash or paper checks in the mail. But Miller-Idriss, author of the upcoming book The Extreme Goes Mainstream, says that the payments companies have successfully put a stake in the ground, communicating where they stand and what they view as unacceptable behavior. Even a year ago, the idea that Fortune 500 CEOs could be seen as arbiters of social and racial justice would have been a stretch, she added.

About the Author
Barb Darrow
By Barb Darrow
See full bioRight Arrow Button Icon

Latest in Tech

Carl Rinsch
Big TechCrime
Netflix’s $11 million funding for a director’s sports cars and luxury mattresses—not a show—leads to fraud conviction
By The Associated PressDecember 12, 2025
45 minutes ago
Sarandos
CommentaryAntitrust
Netflix, Warner, Paramount and antitrust: Entertainment megadeal’s outcome must follow the evidence, not politics or fear of integration
By Satya MararDecember 12, 2025
60 minutes ago
Elon Musk, wearing a black DOGE hat, looks forward. He is standing in the Oval Office.
PoliticsDOGE
DOGE isn’t dead—it’s been absorbed into the bloodstream of the government, federal employees say
By Sasha RogelbergDecember 12, 2025
1 hour ago
InvestingMarkets
Retail investors drive stocks to a pre-Christmas all-time high—and Wall Street sees a moment to sell
By Jim EdwardsDecember 12, 2025
2 hours ago
NewslettersTerm Sheet
Disney plus OpenAI: What could possibly go wrong?
By Alexei OreskovicDecember 12, 2025
2 hours ago
Disney CEO Bob Iger in Los Angeles, California on November 20, 2025.(Photo: Unique Nicole/AFP/Getty Images)
NewslettersFortune Tech
Disney and OpenAI do a deal
By Andrew NuscaDecember 12, 2025
3 hours ago

Most Popular

placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
2 days ago
placeholder alt text
Investing
Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind
By Sasha RogelbergDecember 8, 2025
4 days ago
placeholder alt text
Success
Palantir cofounder calls elite college undergrads a ‘loser generation’ as data reveals rise in students seeking support for disabilities, like ADHD
By Preston ForeDecember 11, 2025
22 hours ago
placeholder alt text
Economy
‘We have not seen this rosy picture’: ADP’s chief economist warns the real economy is pretty different from Wall Street’s bullish outlook
By Eleanor PringleDecember 11, 2025
1 day ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
16 days ago
placeholder alt text
Economy
‘Be careful what you wish for’: Top economist warns any additional interest rate cuts after today would signal the economy is slipping into danger
By Eva RoytburgDecember 10, 2025
2 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.