VISA ban gun purchases

[team5150]

http://www.mrconservative.com/2013/09/25198-visa-credit-card-company-refuses-business-of-firearms-store/

[riderr]

All firearm related transactions will be processed by their competitors now. Also, the gun owners will be less likely using Visa for other purchases. So, Visa is hurting its own business.

[kurac]

let them fall on their own sword.

[Ninask]

That's f* up

[Montu]

Well, I'll be sure to use discover instead (you can also get cash back on cgf donations)

[JustEd]

Not clear about the scope of this yet, but what if you have a NRA VISA card?

http://www.nraaccounts.com/tip/

[penguin0123]

Anyone know how Amex stand on 2A?

[The Gleam]

Is it actually VISA or the bank sponsoring a particular VISA as a backing counterpart or for some other reason of that particular retailer? The article indicates it is a company called "Authorize.Net LLC" not VISA itself. That would be no different than Paypal doing the same, though they allow and work with VISA on payment processing, and likely have a working contract, they are not VISA.

VISA itself has never gotten involved politically in blocking payments for any reason, and I used a VISA card just yesterday on a firearm purchase. No issues.

I tend to think there is more to the story here than being revealed, no different than the many "Bank of America" or "JP Morgan Chase" stories that pop up claiming they are Anti-2nd Amendment, and then it turns out it's either a single anal-pinching employee on a petty-authority trip, or other problems reveal credit or fraud issues with the person/retailer making the claim, having nothing to do with the 2nd Amendment or firearms business.

I would also like to know how "Authorize.Net LLC" which is likely no different than a credit-card processing service such as Paypal is in any way considered "VISA" the actual credit bureau.

[blazeaglory]

I think its the gateway "authorize.net" that has the problem, not Visa.

Simply, the gun store can use another gateway service. Or whatever they are called

[HOGLEG]

Authorize.Net Services is owned by Visa. Authorize.Net Services is the gateway service that processes the sale for store owners. It's Authorize.Net Services that says they will not process firearms purchases.

So technically since Visa owns Authorize.Net Services, Visa is responsible for the policy. Visa also contributed $20,000 to the Obama campaign.

[blazeaglory]

Authorize.Net Services is owned by Visa. Authorize.Net Services is the gateway service that processes the sale for store owners. It's Authorize.Net Services that says they will not process firearms purchases.

So technically since Visa owns Authorize.Net Services, Visa is responsible for the policy. Visa also contributed $20,000 to the Obama campaign.

Damn...Maybe some tight wad desk jockey scrutinizing the terms and agreements? I mean, doesnt every single store in the USA use's Visa... Including most gun stores? Why just this store I wonder?

[The Gleam]

Authorize.Net Services is owned by Visa. Authorize.Net Services is the gateway service that processes the sale for store owners. It's Authorize.Net Services that says they will not process firearms purchases.

So technically since Visa owns Authorize.Net Services, Visa is responsible for the policy. Visa also contributed $20,000 to the Obama campaign.

It's an LLC; that means it is a "limited liability corp" and likely a partnership with another entity - so who is the majority owner? VISA or the partner(s)? (I don't know - that's a question).

That's not saying that VISA couldn't step in to use their might to slap the partner around. (Which they should).

[Dano3467]

I guess it's time to cut that sucker up !!

Oh and minimum payment + #0.01 till it's gone...

Mite as well generate some paper work.

[Intimid8tor]

There is more or less to the story.

Retailers don't deal with mc, visa, Amex, etc. Merchants deal with a processor. Visa also isn't a credit bureau. They are a processing brand.

So, I am highly suspect of visa doing something. It's possible their processor has looked to end the relationship for some reason.

[CWDraco]

Visa is accepted everywhere. Some banks that issue Visa backed cards will deny purchases they don't agree with.

You can't use your Visa Card issued by The Bank of the Roman Catholic Church for abortion services.

In the past week I have spent about $500 on gun parts all bought with my Wells Fargo Visa card.