Category: Guns
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Lawmakers Call for Credit Card Companies to Decide on Firearm Merchant Category Code
Firearms, Guns, HIGH RISK MERCHANt, HIGH RISK MERCHANT ACCOUNT, MERCHANT ACCOUNTS, Merchant Category CodeIn recent months, the implementation of a new merchant category code (MCC) specifically for gun and firearm sales has sparked a complex debate among financial institutions, lawmakers, and the firearms industry in America. This development, initiated by the International Organization for Standardization (ISO) in September 2022, is poised to bring significant changes to how credit…
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Why Merchant Accounts Are Best for Firearm Sellers
Despite the controversy around gun control over these past years, gun sales have been on the rise throughout the US. The guns and ammo industry is lucrative for those who can keep their footing. That means understanding local laws related to firearms and making online firearm sales. You’d be hard-pressed to think that understanding gun…
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