Well, that article portrays banks as moralizing prudes and neglects to mention why they don't want to deal with those companies: very high amounts of fraud. Process payments for a porn site and you're going to be hit with charge backs out the wazoo. The industry has been mostly shady since the beginning so you likely won't recoup the money you got stiffed.
Certainly there are legitimate players, but you can't blame a payment processor or bank for not wanting to take high levels of risk.
Certainly there are legitimate players, but you can't blame a payment processor or bank for not wanting to take high levels of risk.