Top payment networks Visa Inc and Mastercard Inc said on Thursday they have paused work on implementing a new sales code for gun merchants, citing Republican pushback in various U.S. states on concerns about improper tracking of consumer behavior.
Discover Financial said in an emailed statement that it was removing the new MCC from its next network update planned for April in order "to continue alignment and interoperability with the industry."
The moves mark a setback for gun-control activists, though the payment networks stopped short of saying they would reject the code outright. "We are committed to working with policymakers and elected officials to contribute to constructive solutions that address the gun violence issue, while respecting important constitutional rights and protections for lawful activities," he said.
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