The porn sites are classified as "high risk" because the banks believe/know that type of business has above average chargebacks. Apparently banks want to keep their chargebacks to a minimum.
Irony: http://makelovenotporn.com/ wants to make sex and the discussion around it socially acceptable and socially shareable - our mission is to change the way the world has sex for the better, via socially-shared #realworldsex. As such, we operate completely openly, transparently, legally and ethically, and I can count the number of chargebacks we've had in 20 months of operating on the fingers of one hand (couples watch our videos together, our community isn't hiding etc etc). But the financial world refuses to even have a conversation about the fact we do business differently and don't encounter the same risks. Which is why people regularly tell me we need to find a politician/lobbyist who'll support us, a la bitcoin/Uber lobbying, to redefine what constitutes 'adult content' and the legislation around it.
