Merchant Category Codes news and trends

Card Networks Add Merchant Code to Track Gun Sales

September 11, 2022
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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. 11). The new category, pushed by Democratic lawmakers, was approved by an international entity setting standards for the payments industry. The merchant category codes, or […]