Staff Reports
The establishment is working on a new strategy to infringe on the privileges of Americans.
Starting in April, Discover will begin tracking the purchases made at gun stores.
Reuters reported:
In response to a question from Reuters, Discover Financial Services said it would allow its network to track the purchases made at gun stores starting April. It is the first major financial institution to publicly reveal that it would implement this initiative.
The implementation of this initiative comes after the ISO, a global organization that manages the classification of payment cards, approved the creation of a special code for gun stores.
In April, the company will also include a new code in its product and policy updates, which will allow its payment partners and merchants to track the purchases.
In response to a question from Reuters, Discover Financial Services said it would allow its network to track the purchases made at gun stores starting April. The company noted that it is focused on protecting the privacy of its customers.
Several major financial institutions, such as Mastercard, Visa, and AmEx, have already announced that they would allow their networks to track the purchases at gun stores.
The implementation of this initiative comes after the ISO, a global organization that manages the classification of payment cards, approved the creation of a special code for gun stores.
According to Fox Business, the creation of the special code was approved by the ISO, which is a global organization that manages card classification.
On Saturday, Visa, another payment processor, announced that it would allow its networks to track the transactions made at gun stores, joining Mastercard and AmEx.
According to Visa, it would implement the new merchant code of the ISO when it comes to processing transactions at gun stores. Previously, the sales at these establishments were labeled as general merchandise.
In a statement, Visa noted that it would implement the new merchant category code in order to protect the legal transactions that it processes.
The preceding is a summary of an article that originally appeared on GATEWAY PUNDIT.
