Visa, Mastercard put tracking of gun shop purchases on hold
CBSN
Visa and Mastercard paused their decision to start categorizing purchases at gun shops, a significant win for conservative groups and Second Amendment advocates who felt tracking gun shop purchases would inadvertently discriminate against legal firearms purchases.
The move is a setback for gun control groups. They say categorizing credit and debit card purchases might help authorities see potential red flags — like significant ammunition purchases — before a mass shooting could be carried out.
After Visa and Mastercard announced their plans to implement a separate merchant category code for gun shop purchases, the payment networks got significant pushback from the gun lobby as well as conservative politicians. A group of 24 GOP state attorneys general wrote a letter to the payment networks threatening legal action against them if they moved forward with their plan.