Visa will highlight the purchase of weapons in a separate category

The world’s largest payment system Visa has joined the new commercial code of the International Organization for Standardization (ISO). Visa will now separate gun purchases with credit cards into a separate category. Prior to this, gun shop purchases were considered “general goods”. This is reported in a statement by Visa.

“Following ISO’s decision to establish a new merchant category code, Visa will take the following steps while ensuring that all legitimate trade on the Visa network is protected in accordance with our longstanding rules,” the payment system said in a statement. washington post.

Creating a separate merchant code (MCC) will help keep track of how much money a person spends on weapons, but will not show which weapon was purchased. For example, this will detect if someone spent $1,000 at a firearms store and on the same day received the same amount from someone who is not allowed by US law to buy a firearm on their own.

In a series of newspaper articles The New York Times 2018, it was said that the weapons used in almost all mass shootings in the United States were purchased legally with credit cards. Gun rights advocates in the US fear that categorizing gun purchases could be used to block gun transactions or trace gun owners.

Anastasia Larina