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    Home»Business»GOP attorneys general call on credit card companies to drop plans for gun store code
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    GOP attorneys general call on credit card companies to drop plans for gun store code

    By adminSeptember 22, 2022Updated:September 22, 2022No Comments0 Views
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    Fire hands have emerged during the Bobâs Little Sport Gun Shop when you look at the city of Glassboro, New Jersey, United States on May 26, 2022.

    Tayfun Coskun | Anadolu Agency | Getty Images

    Two dozen Republican attorneys general tend to be urging Visa, MasterCard, and American Express to drop their particular plans to follow an innovative new vendor group code for gun merchants, saying the move would infringe on customers’ privacy.

    In a page delivered to the companies Tuesday, the attorneys general warn the credit card companies they could deal with appropriate activity when they progress using code used because of the International Organization for Standardization.

    “Categorizing the constitutionally protected right to purchase firearms unfairly singles out law-abiding merchants and consumers alike,” stated the page, led by Tennessee Attorney General Jonathan Skrmetti and Montana Attorney General Austin Knudsen.

    “Be advised that we will marshal the full scope of our lawful authority to protect our citizens and consumers from unlawful attempts to undermine their constitutional rights,” claims the page, that was initially reported by The Wall Street Journal.

    Visa, MasterCard and American Express couldn’t instantly react to demands for remark.

    On Saturday, Senate Republicans delivered an identical page to the 3 credit card companies. The page stated the companies tend to be “bowing to international and activist pressure,” and therefore the rules tend to be “the first step towards backdoor gun control on law abiding Americans.”

    The letters come following the credit card companies launched plans to begin using the brand new product sales code to deals made at gun shops. Gun legislation supporters said these types of a code is a vital first rung on the ladder toward providing finance companies and credit card companies the various tools they require to know dangerous firearm buying styles — like a domestic extremist increase an arsenal — and report all of them to police force.

    A vendor group code suggests the kinds of solutions or items offered to customers. Previously, gun store product sales had been classified as “general merchandise.”

    Visa, MasterCard and American Express have actually formerly stated the brand new rules will not restrict appropriate business.

    “A fundamental principle for Visa is protecting all legal commerce throughout our network and around the world and upholding the privacy of cardholders who choose to use Visa,” Visa stated in a statement the other day. “That has always been our commitment, and it will not change with ISO’s decision.”

    Original Content

    American Express Co business news credit card services credit cards Gun politics Mastercard Inc Politics retail industry US Republican Party Visa Inc
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