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...
Republican attorneys general in 24 states said America’s three largest card networks could be violating the law with a new system for processing firearms purchases. Last week, Visa, Mastercard and American Express said they would add new merchant category codes (MCCs) to provide more information...
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 […]
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...
September 20, 2022
Republican attorneys general in 24 states said America’s three largest card networks could be violating the law with a new system for processing firearms purchases. Last week, Visa, Mastercard and...
