1srelluc
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Blowback to Visa, Mastercard, AmEx giving new merchandise category code to gun store purchases
Buy your guns with cash, firearms stores adding ATMs
Blowback to Visa, Mastercard, AmEx giving new merchandise category code to gun store purchases
www.emilypostnews.com
Dan Eldridge, the owner of Maxon Shooter’s Supplies, used to have an ATM machine in his gun store. He took it out a few years ago when processing fees got too high. But then he got the news over the weekend that the major credit cards were going to start categorizing gun store sales separately.
“My first thought was, the ATM’s going back in,” Eldridge told me in an interview. “I called our old vendor and said, ‘We want this back in as soon as we can get it.’ It’s going back in the store in the next couple of weeks.”
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Eldridge predicts a big change in how his customers make purchases.