[ad_1]
- Visa, MasterCard and American Express distribute sales at gun stores.
- The ruling is a victory for gun control advocates who say it will help track gun sales.
- Until Friday, gun store sales were considered general merchandise.
Visa, MasterCard and American Express single out purchases at gun stores in victory for gun control advocates; He said the decision would help law enforcement officers alert to illegal firearms sales.
According to the Associated Press, the toll makers announced the change last Saturday, after the International Organization for Standardization, a Geneva-based nonprofit organization, approved the creation of a merchant code for gun retailers.
According to an ISO spokesman, until Friday, gun store sales did not have a special code and were considered “general merchandise.”
“Following ISO’s decision to establish a new Merchant Category Code, Visa will continue with the next steps,” the company told Insider.
Reuters reports that the ISO has been influenced by gun control advocates, including US Senator Elizabeth Warren, who have urged the CEOs of MasterCard, American Express and Visa to make the change.
“Mass shooters have repeatedly funded deadly massacres using credit cards, and bank CEOs must act to save lives,” Warren said.
“We understand and appreciate the policy that is critical to reducing gun violence, and we view the recent bipartisan action in Congress as a positive step forward,” MasterCard told Insider in a statement. We believe that this is the type of effort that will meaningfully address gun violence. An attack on the country.”
Gun rights advocates say tracking gun sales unfairly targets legal firearms purchases, the AP reported.
In the year In 2019, Chris Cox, a former lobbyist for the National Rifle Association, wrote in an op-ed for the organization that “tracking processes” introduced by the credit card industry have a profoundly negative impact on gun owners and the firearms industry, and pose a broader threat to all libertarian Americans.
Senator Warren and the National Rifle Association did not respond to Insider’s request for comment.
[ad_2]
Source link
