The Associated Press reports:
Payment processor Visa Inc. said Saturday that it plans to start separately categorizing sales at gun shops, a major win for gun control advocates who say it will help better track suspicious surges of gun sales that could be a prelude to a mass shooting.
But the decision by Visa, the world’s largest payment processor, will likely provoke the ire of gun rights advocates and gun lobbyists, who have argued that categorizing gun sales would unfairly flag an industry when most sales do not lead to mass shootings.
It joins Mastercard and American Express, which also said they plan to move forward with categorizing gun shop sales.
Read the full article.
The change comes after pressure earlier this week from New York Gov. Kathy Hochul and Parkland activist David Hogg. Gun nuts are predictably melting down on social media.
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
Everyone needs to do their part to combat gun violence. @AmericanExpress, @Mastercard & @Visa should categorize firearm purchases & flag suspicious activity – just like they do for millions of other transactions.
Together we can help stop gun trafficking & keep New Yorkers safe.
— Governor Kathy Hochul (@GovKathyHochul) September 7, 2022
Gun purchases were formerly categorised as “miscellaneous retail stores” or “sporting goods stores” under the four-digit merchant codes that group businesses across all industries.https://t.co/e5b7R6bvUF
— WION (@WIONews) September 11, 2022