Visa and Mastercard have paused their decision to start categorizing purchases at gun shops.
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.
NEW JERSEY, USA - MAY 26: Firearms are seen at Bob's Little Sport Gun Shop in the town of Glassboro, New Jersey, United States on May 26, 2022.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.
In a statement, Visa indicated that the legal pushback was partially the reason it paused the implementation. Visa and Mastercard have said the gun shop categorization was a decision out of their control. The International Organization for Standardization, better known as ISO, is the group that categorizes merchant codes and Visa and Mastercard were just following their decision, the companies said. Gun control advocates lobbied for the change to ISO, not to Visa and Mastercard.
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