Major credit card companies are making it easier to track gun sales

Visa is joining Mastercard and American Express in plans to separately categorize sales at gun shops, a change that gun control advocates consider a win.

Visa said it would adopt the International Organization for Standardization's new merchant code for gun sales, which was announced on Friday. Until Friday, gun store sales were considered"general merchandise." "When you buy an airline ticket or pay for your groceries, your credit card company has a special code for those retailers. It's just common sense that we have the same policies in place for gun and ammunition stores," said New York City Mayor Eric Adams, a former police captain who blames the proliferation of guns for his city's deadly violence.

Lander is a trustee of the New York City Employees' Retirement System, Teachers' Retirement System and Board of Education Retirement System — which together own 667,200 shares in American Express valued at approximately $92.49 million; 1.1 million shares in MasterCard valued at approximately $347.59 million; and 1.85 million shares in Visa valued at approximately $363.86 million.

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Credit card companies will adopt new sales code for gun transactionsUS credit card giants said they will implement a new merchant category code for the nation’s gun retailers, which gun control activists say will help flag potential mass shooters and gun traffickers. Good thing criminals steal their guns or buy them off the streets. Guess I'll just use cash like always
Source: CNN - 🏆 4. / 95 Read more »

Credit card companies will adopt new sales code for gun transactionsThey say it will help better track suspicious surges of gun sales that could be a preclude to a mass shooting. “They” are lying to you and this has nothing to do with mass shootings. time for cash!
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Credit card companies will adopt new sales code for gun transactionsThey say it will help better track suspicious surges of gun sales that could be a preclude to a mass shooting. Right because criminals buying and selling guns do it by credit card. Great, criminals all use credit cards.
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