All business must accept legal tender

[RetiredGySgt]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

 

[Toddsterpatriot]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

I think they're saying they'll stop doing business with gun sellers.
Use any other credit card you like......

 

[WorldWatcher]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

The policy change doesn't apply to individual private customers and how they spend their money. They didn't say "they will not honor the purchase of legal goods" as you claim.

The new policy, as I read about it, applies to retail customers that issue credit cards through Citibank. What they said was they will not do business retailers that to not maintain certain sales standards of firearms. If they don't want to use Citibank, they can use another consumer credit provider and issue credit cards through them.

It's not about individual purchases, it's about corporate accounts.

Citibank requires clients to restrict firearm sales

>>>>

 

[RetiredGySgt]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

The policy change doesn't apply to individual private customers and how they spend their money. They didn't say "they will not honor the purchase of legal goods" as you claim.

The new policy, as I read about it, applies to retail customers that issue credit cards through Citibank. What they said was they will not do business retailers that to not maintain certain sales standards of firearms. If they don't want to use Citibank, they can use another consumer credit provider and issue credit cards through them.

It's not about individual purchases, it's about corporate accounts.

Citibank requires clients to restrict firearm sales

>>>>

Since ALL corporate accounts that deal in firearms do background checks then they have no dog in the fight. The Credit card company can not dictate to its customers who they will do business with not and remain insured by the US Government.

 

[Toddsterpatriot]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

The policy change doesn't apply to individual private customers and how they spend their money. They didn't say "they will not honor the purchase of legal goods" as you claim.

The new policy, as I read about it, applies to retail customers that issue credit cards through Citibank. What they said was they will not do business retailers that to not maintain certain sales standards of firearms. If they don't want to use Citibank, they can use another consumer credit provider and issue credit cards through them.

It's not about individual purchases, it's about corporate accounts.

Citibank requires clients to restrict firearm sales

>>>>

Since ALL corporate accounts that deal in firearms do background checks then they have no dog in the fight. The Credit card company can not dictate to its customers who they will do business with not and remain insured by the US Government.

Under this new policy, we will require new retail sector clients or partners to adhere to these best practices: (1) they don’t sell firearms to someone who hasn’t passed a background check, (2) they restrict the sale of firearms for individuals under 21 years of age, and (3) they don’t sell bump stocks or high-capacity magazines. This policy will apply across the firm, including to small business, commercial and institutional clients, as well as credit card partners, whether co-brand or private label. It doesn't impact the ability of consumers to use their Citi cards at merchants of their choice.

The Citi Blog - Announcing Our U.S. Commercial Firearms Policy

 

[RetiredGySgt]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

The policy change doesn't apply to individual private customers and how they spend their money. They didn't say "they will not honor the purchase of legal goods" as you claim.

The new policy, as I read about it, applies to retail customers that issue credit cards through Citibank. What they said was they will not do business retailers that to not maintain certain sales standards of firearms. If they don't want to use Citibank, they can use another consumer credit provider and issue credit cards through them.

It's not about individual purchases, it's about corporate accounts.

Citibank requires clients to restrict firearm sales

>>>>

Since ALL corporate accounts that deal in firearms do background checks then they have no dog in the fight. The Credit card company can not dictate to its customers who they will do business with not and remain insured by the US Government.

Under this new policy, we will require new retail sector clients or partners to adhere to these best practices: (1) they don’t sell firearms to someone who hasn’t passed a background check, (2) they restrict the sale of firearms for individuals under 21 years of age, and (3) they don’t sell bump stocks or high-capacity magazines. This policy will apply across the firm, including to small business, commercial and institutional clients, as well as credit card partners, whether co-brand or private label. It doesn't impact the ability of consumers to use their Citi cards at merchants of their choice.

The Citi Blog - Announcing Our U.S. Commercial Firearms Policy

Not legal if the State the business is in allows 18 year olds to buy firearms Citibank can NOT tell its customers they can not sell to them it is ILLEGAL and a violation of the rights of the Business also absolutely NONE of the banks business.

 

[Toddsterpatriot]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

The policy change doesn't apply to individual private customers and how they spend their money. They didn't say "they will not honor the purchase of legal goods" as you claim.

The new policy, as I read about it, applies to retail customers that issue credit cards through Citibank. What they said was they will not do business retailers that to not maintain certain sales standards of firearms. If they don't want to use Citibank, they can use another consumer credit provider and issue credit cards through them.

It's not about individual purchases, it's about corporate accounts.

Citibank requires clients to restrict firearm sales

>>>>

Since ALL corporate accounts that deal in firearms do background checks then they have no dog in the fight. The Credit card company can not dictate to its customers who they will do business with not and remain insured by the US Government.

Under this new policy, we will require new retail sector clients or partners to adhere to these best practices: (1) they don’t sell firearms to someone who hasn’t passed a background check, (2) they restrict the sale of firearms for individuals under 21 years of age, and (3) they don’t sell bump stocks or high-capacity magazines. This policy will apply across the firm, including to small business, commercial and institutional clients, as well as credit card partners, whether co-brand or private label. It doesn't impact the ability of consumers to use their Citi cards at merchants of their choice.

The Citi Blog - Announcing Our U.S. Commercial Firearms Policy

Not legal if the State the business is in allows 18 year olds to buy firearms Citibank can NOT tell its customers they can not sell to them it is ILLEGAL and a violation of the rights of the Business also absolutely NONE of the banks business.

Not legal if the State the business is in allows 18 year olds to buy firearms Citibank can NOT tell its customers they can not sell to them it is ILLEGAL

Right, they can't tell a store not to sell something.
They can tell a store that if you do, you can't issue a Citibank Card with your store name on it.

and a violation of the rights of the Business

What business has a right to issue a Citibank credit card?
Where did you find this right?

 

[WorldWatcher]

Since ALL corporate accounts that deal in firearms do background checks then they have no dog in the fight. The Credit card company can not dictate to its customers who they will do business with not and remain insured by the US Government.

Sure they can. Remember this isn't about cards issued to individuals who make purchases, this is about corporate retailers and how they conduct business.

As long as Citibank complies with federal Public Accommodation laws which limit their ability to discriminate based on race, sex, national origin, and religion - then they can decide who they want to do business with.


>>>>

 

[iceberg]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

I think they're saying they'll stop doing business with gun sellers.
Use any other credit card you like......

Then l'll stop making gay cakes. Use any other baker you like.

 

[iceberg]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

The policy change doesn't apply to individual private customers and how they spend their money. They didn't say "they will not honor the purchase of legal goods" as you claim.

The new policy, as I read about it, applies to retail customers that issue credit cards through Citibank. What they said was they will not do business retailers that to not maintain certain sales standards of firearms. If they don't want to use Citibank, they can use another consumer credit provider and issue credit cards through them.

It's not about individual purchases, it's about corporate accounts.

Citibank requires clients to restrict firearm sales

>>>>

So I can use a chase visa but not Citibank... It is about individuals in the end.

 

[Windparadox]

`
I guess this Citibank thing has triggered a few gun zealots. Awwww.
`

 

[WorldWatcher]

So I can use a chase visa but not Citibank... It is about individuals in the end.

You can use either one you want in accordance with their terms of service.


>>>>>

 

[iceberg]

So I can use a chase visa but not Citibank... It is about individuals in the end.

You can use either one you want in accordance with their terms of service.
>>>>>

I'm sure this will go to court n hash it out.

 

[martybegan]

So I can use a chase visa but not Citibank... It is about individuals in the end.

You can use either one you want in accordance with their terms of service.
>>>>>

I'm sure this will go to court n hash it out.

In States where age discrimination is prohibited, and guns are legally available to people under 21 citibank is forcing its customers for this specific service to break the law.

It's unenforceable.

 

[jon_berzerk]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

I think they're saying they'll stop doing business with gun sellers.
Use any other credit card you like......

would it be any different if they said "we will stop doing business with blacks"

 

[BlackSand]

That is a federal law, a bank does NOT have the authority to deny its customers the us of their money to buy legal goods with cash or credit cards they should be sued if they do. Federal law is clear if credit cards are from banks that are supported by the federal Government those banks MUST follow federal law. A bank CAN NOT unilaterally declare they will not honor the purchase of legal goods as they have no authority to violate US law.

However valid your point may be one way or another ... A credit card represents an agreement between a user, the business and the bank.

Businesses are not required to accept any certain credit card as a means of legal tender.
That's why they have signs on the door that identify what credit cards they do accept.

Furthermore ... To some degree (it varies), the business is charged a minimal fee when it accepts a credit card for payment.
That's why you will see signs that identify a "minimum purchase price" before they will accept a credit card for payment.

.

 

[iceberg]

So I can use a chase visa but not Citibank... It is about individuals in the end.

You can use either one you want in accordance with their terms of service.
>>>>>

I'm sure this will go to court n hash it out.

In States where age discrimination is prohibited, and guns are legally available to people under 21 citibank is forcing its customers for this specific service to break the law.

It's unenforceable.

M point. They are preventing you from doing something legal due to their preferences.

 

[martybegan]

So I can use a chase visa but not Citibank... It is about individuals in the end.

You can use either one you want in accordance with their terms of service.
>>>>>

I'm sure this will go to court n hash it out.

In States where age discrimination is prohibited, and guns are legally available to people under 21 citibank is forcing its customers for this specific service to break the law.

It's unenforceable.

M point. They are preventing you from doing something legal due to their preferences.

I think it is the only real sticky point.

1. All gun stores do background checks. this is nothing but virtue signaling
2. The age thing is a problem in States with PA laws that cover age discrimination
3. Do gun stores actually sell bump stocks or is that more of a mail order thing?

 

[BlackSand]

M point. They are preventing you from doing something legal due to their preferences.

Thus the fatality/futility of conservatism and the desire to refrain from being a hypocrite.

A conservative is almost forced by principle to defend a business' right to manage its own affairs.
In doing so ... They have to accept that a business may choose to manage its affairs in a way that does not support the conservatives' own desires.

They may get to a point they are fed up with Citibank ... And all they can do is refuse to use Citibank's services.
Furthermore ... Bank issued credit cards fall under larger conglomerates ... Such as Visa, MasterCard etc. ...

It would be difficult for a business in return to say they will not accept a Citibank card in protest ... Because their agreement is with someone else (Visa, MC etc.).

.

 

[WorldWatcher]

I'm sure this will go to court n hash it out.

Probably, because it's big news and some will push back against it.

Citibank is imposing new terms in their terms of service for corporate members to use, however their are already financial institutions that limit gun sale transactions at the customer level and I don't know if they have been challenged in court.

PayPal:

"We don’t allow PayPal members to buy or sell any kind of firearm, whether it’s in working order or not. The same goes for certain firearm parts and ammunition."​

Apple Pay:

"You may not incorporate Apple Pay into a website that:" <<snip>> "firearms, weapons, or ammunition"​

Help Article
Apple Pay on the Web - Acceptable Use Guidelines - Apple Developer


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