Visa, Mastercard, Amex to Track Gun Shops With New Merchant Code

by | Sep 11, 2022 | Business

By AnnaMaria AndriotisSept. 11, 2022 12:50 pm ETListen to article(1 minute)Visa Mastercard and American Express will add a new merchant category for firearms retailers, a victory for gun-control advocates who have pressed the financial industry to do more to help curb mass shootings.The new merchant-category code was recently approved by an international entity that sets standards for the payments industry.

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