Visa and Mastercard paused their decision to start categorizing purchases at gun shops, a win for conservative groups and Second Amendment advocates and a defeat for gun control groups.
The decision is, at the same time, also 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.
After Visa and Mastercard announced their plans to implement a separate merchant category code for gun shop purchases, the payment networks got significant
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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.
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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.
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Visa, Mastercard pause decision to track gun shop purchasesVisa 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 pushback from the gun lobby as well as conservative politicians.
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Visa, Mastercard pause decision to track gun shop purchasesThere are also bills pending in several state legislatures that would ban the tracking of purchases at gun shops, which would have made it even more difficult for Visa and Mastercard to implement the categorization.
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Amex, Mastercard, Visa pause work on new firearms merchant codeTop payment networks including American Express Co , Mastercard Inc and Visa 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.
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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.
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