{"id":1873044,"date":"2023-03-09T14:13:51","date_gmt":"2023-03-09T19:13:51","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/payment-giants-suspend-work-on-code-that-would-track-gun-purchases\/"},"modified":"2023-03-09T14:14:26","modified_gmt":"2023-03-09T19:14:26","slug":"payment-giants-suspend-work-on-code-that-would-track-gun-purchases","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/payment-giants-suspend-work-on-code-that-would-track-gun-purchases\/","title":{"rendered":"Payment giants suspend work on code that would track gun purchases"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpayment-giants-suspend-work-on-code-that-would-track-gun-purchases%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1873044&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78376397\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">                <meta itemprop=\"name\" content=\"McConnell hospitalized after falling during private dinner at DC hotel\">               <meta itemprop=\"description\" content=\"Senate Minority Leader Mitch McConnell (R-KY) was hospitalized Wednesday night after suffering a fall while at a private dinner at a Washington, D.C., hotel. The extent of McConnell's injuries is not known at this time, but a spokesperson for the senator told Punchbowl News that McConnell is currently receiving treatment after his trip.\">               <meta itemprop=\"duration\" content=\"PT1M23S\">               <meta itemprop=\"uploadDate\" content=\"2023-03-09 15:38:34\">               <meta itemprop=\"thumbnailURL\" content=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/03\/localimages\/1259129_th_1678376360.jpg640a2fefd11c3.jpg\">               <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1259129.mp4\">              <\/div>\n<p>               <script type=\"text\/javascript\"> var _bp=_bp||[]; _bp.push({ \"div\": \"Brid_78376397\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1259129\"} }); <\/script>               <script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>              <\/div>\n<\/p><\/div>\n<p><span class=\"ArticlePage-articleBody-firstLetter\">V<\/span>Discover, Mastercard and isa have ceased to work with a code they believed would be tracking. <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/guns\" target=\"_blank\" rel=\"noopener\">gun<\/a> purchases. <\/p>\n<p>Payment processors have previously pledged to use the code that was suggested by International Organization for Standardization. It is aimed to reduce fraud. <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/gun-violence\" target=\"_blank\" rel=\"noopener\">gun violence<\/a>. This week the three men decided to end the project. <a class=\"Link\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-09\/visa-mastercard-pause-work-on-code-aimed-at-gun-purchases?srnd=premium#xj4y7vzkg\" target=\"_blank\" rel=\"noopener\">according to<\/a> <i>Bloomberg<\/i>After previously being skeptical about the idea, he expressed growing doubts. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/biden-administration-rule-credit-card-late-fees\" target=\"_blank\" rel=\"noopener\">CREDIT CARD LATE FEES CAPPED AT $8 IN PROPOSED RULE FROM CFPB<\/a><\/b> <\/p>\n<p>&#8220;There are bills advancing in several states related to the use of this new code. If passed, the result will be an inconsistency in how this ISO standard could be applied by merchants, issuers, acquirers, and networks,&#8221; Mastercard spokesmen told the outlet. &#8220;It&#8217;s for that reason that we have decided to pause work on the implementation of the firearms-specific [merchant category code].&#8221; <\/p>\n<p>Discover gave the reasons for leaving the code. &#8220;to continue alignment and interoperability with the industry.&#8221; <\/p>\n<p>Apart from being criticised by 2nd Amendment advocates, payment networks voiced concern at the fact that there was no distinction between the 2.<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Read more from <a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/payment-giants-suspend-code-gun-purchases\">Payment giants suspend work on code that would track gun purchases<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VDiscover, Mastercard and isa have ceased to work with a code they believed would be tracking. gun purchases. Payment processors have previously pledged to use the code that was suggested by International Organization for Standardization. It is aimed to reduce fraud. gun violence. This week the three men decided to end the project. according to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1896838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[8599,8357,7012,10848,8795,6134,4319],"class_list":["post-1873044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-code","tag-giants","tag-gun","tag-payment","tag-purchases","tag-suspend","tag-track"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1873044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1873044"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1873044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1896838"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1873044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1873044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1873044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}