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Posts Tagged visa
California Now Requires Sales Code For Gun Stores
This new law is a workaround to the Fourth Amendment by requiring companies to “tattle” on their customers to the government.
From The Truth About Guns:
As reported earlier, a California law went into effect today that mandates credit card networks like Visa and Mastercard to assign special retail codes to gun stores, enabling banks to track their sales. Advocates believe this measure could help identify suspicious purchases and prevent mass shootings.
VISA CEO Skeptical Of New Merchant Codes For Gun Stores
From Bearing Arms:
So if [Visa’s Chief Communications Officer] K.C. Kavanagh goes into a gun store and buys three thermoses and a tent, and you go in and buy a rifle and five rounds of ammunition, all I know is you both went to the same gun store. I know what gun store, I know when you went, and I know how much money you spent. But I don’t know what you bought.
I don’t think the code was necessary. But it doesn’t matter; the code is in place. It’s now an international standard and we adopt international standards.
State AGs Warn Credit Card Companies About Guns
Merchant Code Is A First Step To Gun Registry
From The Truth About Guns:
Andrew Ross Sorkin, a New York Times columnist who proposed this idea years ago, penned a column outlining the “next steps.” That revealed that the pressure campaign by federal lawmakers, state attorneys general, state lawmakers and activist banks on the International Organization for Standardization (ISO) to create a unique MCC for gun retailers was just the beginning.
Credit Cards and Guns
From creditcards.com:
The refusal of a leading credit card payment handler to process transactions involving legal gun sales is compelling licensed dealers to hunt for alternative credit card systems, and is provoking boycotts by incensed gun enthusiasts who complain of political interference.
Credit Card Company Cancels Gunstore Account For Selling Guns
From Fox News
From Daily Finance:
North Carolina’s Hyatt Gun Shop says that it received an email from Authorize.net saying that it would no longer handle the shop’s online transactions. The company pointed to its long-standing policy against working with merchants who sell firearms.