Visa and Mastercard Pause Decision to Track Gun Purchases
BY Herschel Smith
1 year, 9 months ago
Visa 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.
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 pushback from the gun lobby as well as conservative politicians. A group of 24 GOP state attorneys general wrote a letter to the payment networks threatening legal action against Visa and Mastercard if they moved forward with their plan.
There 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.
Washington Examiner (via MSN) is also reporting on this story, along with Bloomberg.
Oh, I suppose this isn’t a win for us and loss for the controllers. I suspect it’s a strategic retreat. They are retreating for some period of time. The controllers never sleep and won’t let up their efforts.
Given the Fascist nature of the coupling of large corporations with the FedGov, I suspect we’ll see attempted action at the federal level to push this forward. They’re just handing the football off to a different runner.
On March 9, 2023 at 11:45 pm, Latigo Morgan said:
I don’t trust them.
On March 10, 2023 at 7:38 am, jrg said:
What happens if they say they won’t track firearm related buys, but go ahead later without any notice. Unless there is a leak from the firm, we wouldn’t know.
I think that genie has left the bottle and refuses to be put back.