Battle Over Credit Card Merchant Code Being Fought In Several States

Battle Over Credit Card Merchant Code Being Fought In Several States

Lawmakers in a number of states are pushing legislation concerning the use of a special merchant category code for gun purchases, with nine states pushing to make the scheme illegal and one state led by blatantly anti-gun lawmakers trying to force card companies to adopt the code.

At issue is a new Merchant Category Code (MCC) for gun purchases adopted by the International Organization for Standardization a little over a year ago. MCCs are used by payment processors (like Visa and Mastercard) and other financial services companies to categorize transactions.

Continue reading Battle Over Credit Card Merchant Code Being Fought In Several States at The Truth About Guns.

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My name is Travis Fletcher and I'm located in sunny Central Florida. Im a gun enthusiast that has been shooting for over 20 years. Over the years I have created multiple websites about the shooting industry. I always look forward to meeting people who enjoy shooting and hunting as much as I do. If you would like to know any more information about me feel free to send me an email.