Credit Card Companies Implement New Purchase SURVEILLANCE Program
(USNewsMag.com) – One issue gun owners have been very concerned about over the years is a gun registry. While there has not been an effort to create one on the federal level, the weapons are tracked in other ways. Recently, payment processing services announced they would be singling out purchases of firearms.
On Saturday, September 10, Visa Inc. announced it would start categorizing gun sales separately. The payment processing company joins American Express and Mastercard, which have put similar policies in place as well. Visa is adopting the International Organization for Standardization’s (ISO) code for gun sales.
According to the Associated Press, the decision comes after pension funds in New York and California have pressured credit card processors to develop merchant codes for these purchases. Gun control advocates believe it will help track weapons, ammunition, and flag so-called suspicious purchases.
All three major payment networks have now agreed to start separately categorizing gun store sales. Here’s our full story: https://t.co/WDxK9MpETs
— Ken Sweet (@kensweet) September 11, 2022
Gun rights advocates have spoken out against the payment processors tracking the purchases. They believe it targets legal purchases, but firearms and ammo aren’t the only transactions that will be classified differently. If a gun owner spends money on a safe, that could also be flagged.
NRA spokesman Lars Dalseide told the AP the latest move will “[erode] the rights of law-abiding Americans one transaction at a time.”
Do you think the move will ease shootings across the country or hurt gun owners?
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