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Monday, September 12, 2022

Cash is King

CBS News has a big scoop this afternoon. The industry group that sets international standards for credit card companies has decided to create a new code for the purchase of guns and ammo that, while not identifying the exact purchases, will separate those items from the more generic category they had been lumped in with previously.

12 comments:

  1. it is also why they want to do away with cash altogether. you can only spend your money on stuff they like. besides, you just know the feds will keep a list of everything you buy from now on. land of the free ? not if they can help it !

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  2. Credit card processors can only track transactions, not products. They don't get to see the receipt if the store doesn't send it. If you bought $1200 worth products, the credit card can't tell whether you bought ear plugs and safety equipment, or something else. Likewise, the store could have a nice display Hallmark Cards in the corner, and call it something sweet like "Sportsman's Gift Shoppe." Then it should have a different code.

    On the other hand, if you have an electronic receipt e-mailed to your G-Mail, Google will keep track of everything you purchase.

    Geek

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  3. Just look what UPS is up to now.... https://www.ammoland.com/2022/09/ups-threatens-to-cancel-service-for-most-of-the-gun-industry/#axzz7eUGstVg6

    - WDS

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  4. I suppose online retailers could develop a unique system separate from the banks. Perhaps a membership using anonymous money cards. The idea is personal information is directly to the retailer only.
    Otherwise, online guns & gear & ammo sales are kaput except if enough customers don't mind sharing their personal information. And assuming the banks, et al, don't go deeper down the hole. Haha, yeah right.

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  5. Who in the Hell buys a firearm or ammo with a credit card? Cash only always and sealed with a handshake. If the seller won't take cash, screw them. Been doing that since the early 80's.

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    Replies
    1. That's fine when you're buying a box or two. Doesn't work well buying bulk ammo of a thousand rounds or more unless you're willing to pay out the ass for it because the shop is going to mark up the price like you wouldn't believe. And that's if you can find a gun shop that sells bulk ammo.

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    2. I live close enough to Midway USA that I can drive there and pick my order up at the dock. There is no way to pay cash. I even told the dock worker, probably didn’t do any good.
      Buddha

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  6. Cash is great for buying guns at my local shop, but he can't even come close to having the same prices for ammo that you can get it for online and doesn't even try. So how to work around that? Does a debit card that is a Visa still track as Visa or is it only between you and your bank? I've heard that both Visa and Mastercard are tracking but is Discover Card still not tracking gun purchases? More info and bright ideas appreciated.
    RedShirtGuy

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    Replies
    1. The process is complicated and there are multiple points along the way where information can be recorded and intercepted. A prepaid "gift" card would be the safest.
      https://www.forbes.com/advisor/credit-cards/credit-card-processing-how-it-works/

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    2. https://privacy.com - I'm looking this over right now.

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  7. Gun shop have a code for $500. candy bars that come with a free gun?
    @Luis-GunShowLoopHoleMe

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  8. Isn't this a defacto gun registry? I'll bet the ENN ARR AAA told the credit card companies this is OK.

    Nemo

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