[bboycars]

Shannon Watts Want Your Credit Card To Monitor Your Buys

Anti-gunner Shannon Watts is at it again. This time, she wants your credit card company to prevent you from buying gun parts. Seriously.

bearingarms.com

 

[NavyCPO]

Reactionary jerk! Capital One is more than happy to finance anything 😆

 

[bboycars]

This is being pushed more:

Credit card companies need to help stop the spread of untraceable 'ghost guns'

"Ghost guns" are gun kits that are put together by the buyer. Many of them are sold without serial numbers, and pose a huge threat to the country.

www.businessinsider.com

 

[BeerHunter]

^^^^
Several factually incorrect statements made in that article, particularly components that are not ever a serialized receiver, ARE NOT firearms under the law, despite this author stating so. SCROOM!

 

[FfNJGTFO]

I think a lot of the problem could be solved by said merchants chosing their Corporate identity/name a lot more carefully. Those who have "gun" "armory" "firearm" etc. etc. in their Corporate name cause a huge headache for us. Already, I've seen several transactions for buys on GunBroker with those words in the name that appears on the charge. If they coiuld call their businesses something a little less likely to attract attention. for example "M * M Outfiters" or "ABC Sporting goods." The banks then can't automatically assume it's guns or parts/ammo being purchased.

Either that, or have easier ways for us to pay cash from our checking accounts (Zelle, PopMoney, etc.).

 

[BeerHunter]

^^^^
Had exactly the same thought. 🤠

 

[FfNJGTFO]

^^^^
Had exactly the same thought. 🤠

In fact, they don't have to change their business name, but simply add a "corporate alias" for their corporate name (eg. "AKA: ABC Sporting goods" or "DBA: ABC Sporting goods.." They then use that alias name when applying for the CC merchant account.

 

[bladenbullet]

I think a lot of the problem could be solved by said merchants chosing their Corporate identity/name a lot more carefully. Those who have "gun" "armory" "firearm" etc. etc. in their Corporate name cause a huge headache for us. Already, I've seen several transactions for buys on GunBroker with those words in the name that appears on the charge. If they coiuld call their businesses something a little less likely to attract attention. for example "M * M Outfiters" or "ABC Sporting goods." The banks then can't automatically assume it's guns or parts/ammo being purchased.

Either that, or have easier ways for us to pay cash from our checking accounts (Zelle, PopMoney, etc.).

that is completely understood...but just like we shouldnt have to deny the number of guns or amount of ammo we keep in stock publicly, they shouldnt have to use an alias to avoid being black listed by credit card companies...

 

[FfNJGTFO]

that is completely understood...but just like we shouldn't have to deny the number of guns or amount of ammo we keep in stock publicly, they shouldn't have to use an alias to avoid being black listed by credit card companies...

I agree. Yet, still, they are being blacklisted. And buyers who buy from them risk scruitiny from the ATF when their charge records are subpoenaed.

What do we do?

 

[Anduril]

I think a lot of the problem could be solved by said merchants chosing their Corporate identity/name a lot more carefully. Those who have "gun" "armory" "firearm" etc. etc. in their Corporate name cause a huge headache for us. Already, I've seen several transactions for buys on GunBroker with those words in the name that appears on the charge. If they coiuld call their businesses something a little less likely to attract attention. for example "M * M Outfiters" or "ABC Sporting goods." The banks then can't automatically assume it's guns or parts/ammo being purchased.

Either that, or have easier ways for us to pay cash from our checking accounts (Zelle, PopMoney, etc.).

Back when I owned a company that accepted credit cards, the card provider wanted to know what (and how) you sold so that could set your rates. And of course, if you falsified your reply, they would then have a basis to deny claims, and/or terminate the agreement, etc...

That said, a lot of people are indeed stupid, and easily duped.
I too would opt for a name that doesn't exactly describe firearm or accessory sales.

 

[frgood]

There is no way you are going to stop getting a percentage of a multi billion dollar industry.

 

[Earl 007]

Everyone here would feed the card to the shredder if the card company did that. No way they are taking that chance.