A measure that would outlaw the use of a new firearm-specific Merchant Category Code (MCC) for gun purchases in South Dakota has been approved by the State Senate.
At issue is a new Merchant Category Code (MCC) for gun purchases adopted by the International Organization for Standardization in 2022. MCCs are used by payment processors (like Visa and Mastercard) and other financial services companies to categorize transactions.
Prior to the creation of the specific code for guns, firearms retailers fell under the MCC for sporting goods stores or miscellaneous retail.
Continue reading S.D. Senate Passes Bill To Ban Gun-Related Merchant Code at The Truth About Guns.
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