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Visa, Mastercard and Amex will provide a merchant code for firearms retailers to comply with a new California law, CBS News has learned.
(Reuters) -Top payment networks including American Express Co, Mastercard Inc and Visa Inc said on Thursday they have paused work on implementing a new sales code for gun merchants, citing ...
Mastercard Inc said on Thursday it would pause work on its implementation of a new payments code for gun merchants, citing the complexities raised by pending laws in a number of U.S. states.
Visa, Mastercard and Discover announced they will pause a plan to implement a new merchant category code for the nation’s gun retailers after political pressure from Republicans.
It joins Mastercard and American Express, which also said they plan to move forward with categorizing gun shop sales.