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

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  • Visa, Mastercard, American Express are facing calls from Republican attorneys general not to advance plans to pass a new code for gun retailers.
  • Gun rights groups say the code will undermine the constitutional rights of law-abiding people seeking to make legal gun purchases.
  • Visa, Mastercard and American Express said the new codes would not prevent legal trade.

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Two dozen Republican attorneys general are calling on Visa, MasterCard and American Express to drop their plans to adopt a new trade category code for gun retailers, saying the move would violate consumer privacy.

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AT letter Mailed out to companies on Tuesday, attorneys general warn credit card companies that they could face legal action if they move forward with the code adopted by the International Organization for Standardization (ISO).

“The classification of the constitutionally protected right to purchase firearms unfairly singles out both law-abiding dealers and consumers,” Tennessee Attorney General Jonathan Skrmetti and Montana Attorney General Austin Knudsen said in a letter.

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“Keep in mind that we will use our full legal powers to protect our citizens and consumers from unlawful attempts to undermine their constitutional rights,” reads the letter, which was the first reports the Wall Street Journal.

Visa, MasterCard and American Express did not immediately respond to a request for comment.

On Saturday, Republicans in the Senate sent similar letter three credit card companies. The letter says the companies are “yielding to international and activist pressure” and that the codes are “the first step towards covert gun control for law-abiding Americans.”

The emails come after credit card companies announced plans to begin applying the new sales code to transactions made at gun stores. Gun law advocates said such a code is an important first step towards giving banks and credit card companies the tools they need to recognize dangerous firearms buying trends, such as an arsenal-building domestic extremist, and report them to law enforcement. authorities.

The vendor category code indicates the types of services or products sold to consumers. Previously, sales in gun stores were classified as “general goods”.

Visa, MasterCard and American Express have previously said the new codes will not prevent legal trade.

“A core principle of Visa is to protect all legal trade on our network and around the world, and to respect the privacy of cardholders who choose to use Visa,” Visa said in a statement last week. “This has always been our commitment and it will not change after ISO’s decision.”

Credit: www.cnbc.com /

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