Gun Sales At US Stores Could Soon Be Tracked As Visa, Mastercard And American Express Plan To Adopt New ID Code
Payment processors have agreed to adopt a merchant code approved by the International Organization for Standardization (ISO) for identifying arms purchases, Reuters reported. The ISO on Friday approved the creation of a merchant code for gun retailers, bowing to pressure from activists who see this as a measure to track suspicious weapons purchases, a separate Reuters report said, citing a spokesperson of the Geneva-based non-profit organization. Previously, gun store sales were categorized as general merchandise. Visa, Inc. (NYSE: V ) reported on Saturday that it would … Full story available on Benzinga.com
Gun Sales At US Stores Could Soon Be Tracked As Visa, Mastercard And American Express Plan To Adopt New ID Code
Payment processors have agreed to adopt a merchant code approved by the International Organization for Standardization (ISO) for identifying arms purchases, Reuters reported. The ISO on Friday approved the creation of a merchant code for gun retailers, bowing to pressure from activists who see this as a measure to track suspicious weapons purchases, a separate Reuters report said, citing a spokesperson of the Geneva-based non-profit organization. Previously, gun store sales were categorized as general merchandise. Visa, Inc. (NYSE: V ) reported on Saturday that it would … Full story available on Benzinga.com