WebSep 12, 2024 · Credit card companies to track gun store purchases. Credit card giants Visa, Mastercard and American Express are taking steps to help better track firearm sales in a move hailed by gun control proponents. Why it matters: Payment processors have been under pressure to help monitor gun purchases amid concerns over mass shootings and … WebSep 13, 2024 · With all of this in mind, many in the industry and the gun-owning public wonder if tracking credit card purchases — 99% of which are perfect legal — is really about catching the next mass shooter or terrorist. Oliva doesn’t think so. “The [gun control lobby] has said this is only the first step,” he said.
Visa, Mastercard, American Express to track gun store purchases
WebDec 24, 2024 · Financial firms have so far resisted changing the way they deal with the sale of guns. Banks and credit-card networks say it is not their responsibility to create systems to track gun purchases ... WebJan 2024. All you have to do is tune in to any national media source to see gun control orgs nationwide sing the praises of a decision by a Swiss financial industry standards group to establish a new merchant code, or MCC, for credit cards use in relation to those who sell of guns and ammunition. Groups like the NRA are doing chest thumps to ... cyclohexanone hach
Trust But Verify: Industry Keeping Watchful Eye on Credit Card …
WebUS banks and credit card companies are holding preliminary discussions about potentially monitoring consumers' gun purchases within their internal payment systems, according … WebSep 12, 2024 · The request originated from Amalgamated Bank, a New York-headquartered "socially responsible bank" with just six branches – all in deep-blue cities – and came … WebApr 30, 2024 · Some banks and credit card companies want to track gun sales. They already track our trips to grocery stores, restaurants and gas stations, but this … cyclohexanone hazards