The decision is a defeat for gun control groups. There had been hope that categorizing credit and debit card purchases would allow authorities to potentially see red flags — like significant ammunition purchases — before a mass shooting could happen.
NEW YORK — Visa and Mastercard paused their decision to start categorizing purchases at gun shops, a significant win for conservative groups and Second Amendment advocates who felt that tracking gun shop purchases would inadvertently discriminate against legal firearms purchases.
After Visa and Mastercard announced their plans to implement a separate merchant category code for gun shop purchases, the payment networks got significant. A group of 24 GOP state attorneys general wrote a letter to the payment networks threatening legal action against Visa and Mastercard if they moved forward with their plan.
In a statement, Visa indicated that the legal pushback was partially the reason they have paused their implementation. Visa and Mastercard have said that the reason for the gun shop category was a decision outside of their control. The International Organization for Standardization, better known as ISO, is the group that categorizes merchant codes and Visa and Mastercard were just following their decision. Gun control advocates lobbied for the change to ISO, not to Visa and Mastercard.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Payment giants suspend work on code that would track gun purchasesVisa, Mastercard & Discover suspended their work on a code that would track gun purchases. The payment processors had previously committed to implementing the code aimed at helping to curb gun violence, but have grown increasingly skeptical over the idea.
Baca lebih lajut »
Visa, Mastercard pause work on new payments code for firearms sellersTop 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.
Baca lebih lajut »
Visa and Mastercard Drop Plans to Track Gun PurchasesVisa and Mastercard have halted their plans to use a new merchant code to track gun purchases.
Baca lebih lajut »
Visa, Mastercard, Discover pause work on code that would track gun purchasesMajor payment processing companies have paused work on a plan to track when cardholders make purchases at gun stores, dealing a blow to gun-control advocates.
Baca lebih lajut »
As the ranks of Black gun owners grow, the Second Amendment finds fresh supportThe history of gun control is rooted in racism, writes JenniferStefano. Given that legacy, many African American gun buyers say they are exercising both a civil and human right.
Baca lebih lajut »
Opinion | How an incredible Jon Stewart interview exposed the GOP's 'freedom' hypocrisyCalmly facing down a Second Amendment fanboy, Stewart proved American freedom is anything but freedom.
Baca lebih lajut »