When an individual or organisation is deprived the ability of using the services of banks, financial institutions and/or payment processors. The term is typically used when the motivations are political.
Unable to receive or send money, the controversial extremist John Smith found himself debanked. Paypal, Mastercard and Chase Bank suspended his accounts, after being pressured by activists.
by That_handle_is_already_in_use_ September 26, 2022