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Credit Card Giants Conspire With Democrats To Monitor Consumer Gun Purchases by Jordan Boyd

September 14, 2022September 14, 2022 EarthNewspaper.com Comment(0)

After facing mounting pressure from Democrats and anti-gun activists, credit card giants Visa, Mastercard, and American Express all announced plans this week to single out their customers’ purchases at firearm stores. Using a new four-digit merchant category code, credit card companies will now categorize any purchases at gun ammunition stores, regardless if those purchases are of firearms or not, as separate from other shopping. If the credit card companies deem any of those transactions suspect, they will report them to local law enforcement agencies.
Visa, Mastercard, and AmEx all adopted the new standards on Saturday shortly after the International Organization for Standardization (ISO), which is known for setting standards for Western business transactions, approved the change regarding gun store purchases on Friday. The ISO’s decision came at the behest of anti-gun activists and Democrat lawmakers, including Sen. Elizabeth Warren, who just one week prior, demanded financial CEOs be their eyes and ears when it comes to “certain types of suspicious activities including straw purchases and unlawful bulk purchases that could be used in the commission of domestic terrorist acts or gun trafficking schemes.”
https://thefederalist.com/2022/09/12/credit-card-giants-conspire-with-democrats-to-monitor-consumer-gun-purchases

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