merchant category code

Payment Networks Pause Implementation of Code for Gun Shops
Payment Networks Pause Implementation of Code for Gun Shops
March 10, 2023  |  Data

Payment networks have paused their implementation of a new merchant category code for gun shops. American Express, Discover, Mastercard and Visa have done so but have not said that they...

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Discover to Track Sales at Gun Stores in April
Discover to Track Sales at Gun Stores in April
February 21, 2023  |  Credit Cards

Discover will allow its network to track sales at gun sellers starting in April. The card network is apparently the first to publicly give a...

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GOP AGs Ask Credit Card Companies to Drop Merchant Code That Tracks Gun Sales
GOP AGs Ask Credit Card Companies to Drop Merchant Code That Tracks Gun Sales
September 20, 2022  |  Regulation

Republican attorneys general in 24 states said America’s three largest card networks could be violating the law with a new system for processing firearms purchases....

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