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http://www.businessweek.com/news/2013-04-24/iceland-s-top-court-orders-valitor-to-process-wikileaks-payments

Bloomberg News

Iceland’s Top Court Orders Valitor to Process WikiLeaks Payments

April 24, 2013

Iceland’s Supreme Court ordered Valitor hf, the Icelandic partner of MasterCard Inc. (MA:US) and Visa Inc. (V:US), to process card payments for anti-secrecy website WikiLeaks within 15 days or face daily penalties.

If the company fails to comply it will be forced to pay 800,000 kronur ($6,800) in daily penalties, according to the ruling posted on the Reykjavik-based court’s website today.

The court also said Valitor must honor a contract with Icelandic data-hosting service provider DataCell. The payment card company had refused to process payments for DataCell because DataCell had signed a contract to process payments for WikiLeaks.

Valitor’s refusal to process WikiLeaks payments “shall be considered baseless,” according to the ruling posted on the Reykjavik-based court’s website. Valitor “is required to open a payment portal in accordance with its cooperation agreement” with DataCell.

Valitor Chief Executive Officer Vidar Thorkelsson didn’t immediately respond to a call for comment after regular business hours.

To contact the reporter on this story: Omar R. Valdimarsson in Reykjavik at valdimarsson@bloomberg.net

To contact the editor responsible for this story: Jonas Bergman at jbergman@bloomberg.net


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