Page 12 - Merchant Category Code News Today

The most encouraging reaction to the new Merchant Category Code (MCC) for gun stores came not from state AGs or politicians but from a credit card company.

The pandemic accelerated the digitization of B2B payments.

Washington, DC doesn't like guns, but it seems a poll about credit cards tracking gun sales isn't sitting well with anyone.

The recent news about major credit card companies tracking purchases at firearm retailers is ruffling feathers.

Attorney General Leslie Rutledge joined a coalition of 24 states in alerting the chief executive officers of multiple banks and major credit card companies that

Attorneys general from nearly half the country have sent a letter to the major credit card companies after they pledged to begin using a special code to track sales of guns and ammunition. The 24 [...]

A group of attorneys general are calling out financial institutions for a new policy that would track and monitor gun store purchases.

‘The Next Step In Banning Guns’: Tucker Carlson, Glenn Beck Break Down Credit Card Tracking Of Gun Purchases Harold Hutchison on September 22, 2022 Fox

Fox News host Tucker Carlson and talk radio host Glenn Beck blasted credit card companies Thursday evening over a new merchant code for firearms purchases.

All seven bank chiefs testifying before Congress on Thursday committed to upholding the Second Amendment by promising not to restrict sales of firearms following the adoption of new firearm-specific transaction codes that have sparked concern over whether tracking codes might be used by payment processors to curb sales of guns and ammunition.