Posted February 23, 2024 12:00 pm by Comments

By Mark Chesnut

Lawmakers in a number of states are pushing legislation concerning the use of a special merchant category code for gun purchases, with nine states pushing to make the scheme illegal and one state led by blatantly anti-gun lawmakers trying to force card companies to adopt the code.
At issue is a new Merchant Category Code (MCC) for gun purchases adopted by the International Organization for Standardization a little over a year ago. MCCs are used by payment processors (like Visa and Mastercard) and other financial services companies to categorize transactions.
Continue reading Battle Over Credit Card Merchant Code Being Fought In Several States at The Truth About Guns.

Source: The Truth About Guns

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