These Payment Processors Are Trying To Hurt Gun Stores
By Beth Baumann
Shortly after SHOT Show last month, a couple of FFL dealers began having issues with financial institutions cutting off merchant accounts for “violating” the user agreements, Bearing Arms has learned exclusively.
Montana Tactical, located in Bozeman, unexpectedly received an email from Intuit, a credit card processing company, saying Montana Tactical’s transactions are considered “MOTO business” (mail order/telephone order). Intuit declined to continue servicing Montana Tactical because the store sells firearms, ammunition and gun powder.
“Aaron [owner of Montana Tactical] only sells ammunition through the physical storefront and does not sell loose powder,” Mark Oliver, Public Affairs Manager for the National Shooting Sports Foundation (NSSF), told Bearing Arms.
To help clear the air, Oliva reached out to Rob Lanesey, Intuit’s Senior Vice President of Corporate Communications and Chief Communications Officers.
Subject: Inquiry from Press Room
Please forgive the cold call email. I left you a message earlier today on your phone.
I’m reaching out because one of our member companies, Montana Tactical (http://www.montanatactical.com/), recently received notification that Intuit terminated their business relationship with them under your MOTO rules and because they sell gunpowder and weapons.
I think there might be a misunderstanding of what Montana Tactical is and the sort of business they are …Read the Rest
Source:: Bearing Arms