Major credit card companies are moving to make a merchant code available for firearm and ammunition retailers in order to comply with a new California law that will allow banks to potentially track ...

PALO ALTO, Calif., Feb. 27, 2025 /PRNewswire/ — KYC Systems LLC, the leading provider of Know Your Customer (KYC) automation services to the payments and banking industries, today announces the launch ...

Most businesses that accept credit cards are assigned a merchant code, sometimes called a merchant category code. It’s a four-digit number that tells the credit card processing companies a little bit ...

(FOX40.COM) — California is taking more steps toward gun control by becoming the first state to require credit card companies to assign special merchant codes to gun stores. • Video Above: How does a ...

Visa, Mastercard, Discover and American Express on Thursday said they're halting plans to adopt a new merchant code for guns and ammunition stores following resistance from lawmakers in certain states ...

The Florida Legislature has started hearings on Senate Bill 214, a measure that would ban flagging unusual gun purchases made with credit cards. But before I tell you why you should care about that ...

Laws taking effect Monday in California and Tennessee highlight the nation's stark divide over guns: While the former is looking to help banks track potentially suspicious gun purchases in hopes of ...

ATLANTA - Separate gun bills passed by the Georgia House of Representatives Tuesday would provide a tax credit to pay for gun safety training and gun safes, while another would prohibit financial ...

Separate gun bills passed by the Georgia House of Representatives Tuesday would provide a tax credit to pay for gun safety training and gun safes, while another would prohibit financial institutions ...

March 3 (Reuters) - Republican-backed bills introduced in legislatures in several U.S. states target the use of a planned merchant code for credit card transactions at gun retailers that is intended ...