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Payment Networks Pause Implementation of Code for Gun Shops

March 10, 2023
Payment networks have paused their implementation of a new merchant category code for gun shops. American Express, Discover, Mastercard and Visa have done so but have not said that they would end it completely, Reuters reported Thursday (March 9). The move by the companies comes after several states raised concerns about improper tracking of consumer purchases, according to the report. At the […]