Payment processor Visa Inc. said late Saturday that it plans to start separately categorizing sales at gun shops, a major win for gun control advocates who say it will help better track suspicious …
NEW YORK — Payment processor Visa Inc. said late Saturday that it plans to start separately categorizing sales at gun shops, a major win for gun control advocates who say it will help better track suspicious surges of gun sales that could be a prelude to a mass shooting.
“Following ISO’s decision to establish a new merchant category code, Visa will proceed with next steps, while ensuring we protect all legal commerce on the Visa network in accordance with our long-standing rules,” the payment processor said in a statement. Merchant Category Codes now exist for almost every kind of purchase, including those made at supermarkets, clothing stores, coffee shops and many other retailers.
“Unfortunately, the credit card companies have failed to support this simple, practical, potentially lifesaving tool. The time has come for them to do so,” Lander said recently, before Visa’s announcement.
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Visa, Mastercard, AmEx to start categorizing gun shop salesPayment processor Visa Inc. says it plans to start separately categorizing sales at gun shops.
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Visa, Mastercard and AmEx to Start Categorizing Gun Shop SalesPayment processor Visa Inc. says it plans to start separately categorizing sales at gun shops.
Weiterlesen »
Visa, Mastercard, AmEx to start categorizing gun shop salesPayment processor Visa Inc. says it plans to start separately categorizing sales at gun shops.
Weiterlesen »
Visa, Mastercard, AmEx to start categorizing gun shop salesPayment processor Visa Inc. said Saturday that it plans to start separately categorizing sales at gun shops, a major win for gun control advocates who say it will help better track suspicious surges of gun sales that could be a prelude to a mass shooting.
Weiterlesen »
Payment Processor Visa To Start Categorizing Sales At Gun StoresVisa’s adoption is significant as the largest payment network, and will likely add pressure for Mastercard and American Express to adopt the code as well.
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Visa, Mastercard, AmEx to start categorizing gun shop salesPayment processor Visa Inc. said late Saturday that it plans to start separately categorizing sales at gun shops.
Weiterlesen »