Friday, March 10, 2023

NSSF Encouraged by Credit Card ‘Pause’ in Special Firearm Retail Codes

WASHINGTON, D.C. — NSSF®, The Firearm Industry Trade Association, is encouraged by the announcement from Visa and MasterCard that they will “pause” plans to implement a special Merchant Category Code (MCC) specific to purchases at firearm retailers with their credit cards. That announcement was later echoed by American Express and Discover, which previously announced plans to implement the special codes.

This is a positive development that the major credit card companies have recognized the hazards of implementing this special MCC for purchases at a firearm retailer. However, this is an announcement of a pause, not an abandonment of these special codes.

NSSF is committed to ensuring that these specific MCCs not be used at all as they have the potential for exploitation of customer privacy and denial of services by politically-motivated activists. These codes were the product of Amalgamated Bank and Andrew Ross Sorkin to specifically track the lawful purchases of firearms and ammunition by law-abiding Americans.

In reality, it is just the first step, by the admission of these two parties, to isolating and eventually denying the exercise of a Constitutional right by those who oppose lawful firearm ownership. NSSF will continue to work with state legislators and Congress to put an end to this blatantly discriminatory practice of using private enterprise to construct a back-door firearm registry.

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About NSSF

NSSF is the trade association for the firearm industry. Its mission is to promote, protect and preserve hunting and the shooting sports. Formed in 1961, NSSF has a membership of thousands of manufacturers, distributors, firearm retailers, shooting ranges, sportsmen’s organizations and publishers nationwide. For more information, visit nssf.org.

Contact:

 

Mark Oliva
202-220-1340