There are new rules for buying guns with a credit card that gun store owners in Indiana are a bit wary of.
The International Standard Organization, which essentially regulates credit card purchases both within and mostly outside the United States, has issues new guidelines for credit card companies to follow in out the track and process certain purchases.
In this case, guns are being put into a separate category all their own instead of “general merchandise” as they had been before.
Visa, Mastercard and American Express, which experts say process a combined total of 98 percent of all credit card transactions outside China, they all say they’ll abide by the new rules. The new guidelines are an effort to help keep better track of gun purchases in order to get out ahead of another possible mass shooting.
Bryan Curry is the CEO of Premier Firearms in Indianapolis and says more people now than ever are using credit cards to buy their guns.
“We have seen a lot more people making purchases on a credit card or even splitting up on more than one credit card,” Curry told WISH-TV. “Probably within the last six months we’ve dropped to about 20-percents sales in cash and about 80-percent credit.”
Curry said with that big of a shift, he’s concerned that the stricter rules on buying guns with a credit card could put more people at risk of identity theft.
“One of the concerns, which was brought to our attention and it makes sense, is a security risk,” Curry said. “If one of those credit card or data processors is ever breached, somebody has a list of everybody that has ‘bought firearms’, their names, their addresses and that would be something someone could use for other nefarious purposes.”
Another flaw Curry sees in the rules is that if doesn’t differentiate between the amount of money spent on firearms and how many firearms were actually bought. For example, he says someone spending $2,500 on an antique gun as a collector’s item might get flagged by whomever is keeping track of gun purchases as possibly having spent $2,500 on multiple firearms at once.
Visa and Mastercard said in separate statements they plan to follow standard procedures to protect consumer privacy.
5 comments
OR someone going into a local shop and buying a $2,500 safe would be flagged for buying a lot of guns. This idea will turn out to be a disaster and will stop no crime. Why? Because criminals do not go into gun stores and buy guns let alone buy them with credit cards. For you see, the gun ban crowd conflates legal gun owners exercising their God-Given Guaranteed Constitutional Rights with criminals who are outside certain constitutional protections because of their criminal behavior. Unless of course they live in a big blue city that lets them go free despite the severity of their crimes. The only thing these two groups have in common is possession of firearms. The first group in legal possession and the second group in illegal possession. But for gun banners both groups are equal. Our system guarantees we are all innocent until PROVEN guilty. It takes action of doing a crime to prove guilt and a trial in a court of law not in the hallowed halls of a credit card bank. The felon in possession is guilty of a crime. according to our laws. So is Hunter Biden according to our laws. The law-abiding person in possession IS NOT. But by conflating the two the gun banners deem all guilty even if never committing a crime.
The gun grabbers operate according to guilty until proven innocent. LAWFUL citizens are losing their rights due to the actions of criminals.
This will be used to make a defacto registry of gun owners.
It’s time for all internet gun stores to start accepting bitcoin!
Thank you sir for your common sense!
Pay cash! Dont buy online. Use Paypal. There are ways around their stupid tricks. Theres nothing possibly legal about this, but it goes to show the lengths they will go to in order to disarm the good people. They just dont get that criminals will always find a way to get guns, and not legally!
And don’t forget the speech from Satan…. “The MAGA people are the greatest threat to democracy…”
#FJB !!!!!