Mcc news and trends

Card Networks Add Merchant Code to Track Gun Sales
Credit Cards // September 11, 2022

Visa, Mastercard and American Express have decided to add a new merchant category for firearms retailers in a win for gun control advocates, The Wall Street Journal reported Sunday (Sept. 11). The new category, pushed by Democratic lawmakers, was approved by an international entity setting...

Quick Reads
Discover to Track Sales at Gun Stores in April

February 21, 2023
Discover will allow its network to track sales at gun sellers starting in April. The card network is apparently the first to publicly give a date for the initiative, designed to help law enforcement investigate gun crimes, Reuters reported Sunday (Feb. 19). “We remain focused on continuing to protect and support lawful purchases on our […]

Card Networks Add Merchant Code to Track Gun Sales

September 11, 2022
Visa, Mastercard and American Express have decided to add a new merchant category for firearms retailers in a win for gun control advocates, The Wall Street Journal reported Sunday (Sept....