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Reply to "Amex, Visa, MC to start tracking gun sales"
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[quote=Anonymous][quote=Anonymous]It would be nice if they can decline gun purchases, or even if it's just over a certain amount within a certain time period or flag them or something. They decline purchases related to gambling and gun sales are more worrisome IMO.[/quote] Visa, Amex and MC don’t have the ability to block certain types of purchases, but the issuing banks can choose to block their cards from being used to purchase certain categories of merchandise/services. But creating a new merchandise category specifically for gun stores, it will enable issuers to adopt such purchases if they want. It also makes it easier for legislatures to pass laws requiring that purchases in that category above a certain level be reported to law enforcement/regulators for review. [/quote]
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