New credit card code for gun shops

If the data exists,
it will be used.

Cash is still king. So is buying local.
It's amusing that people can't live without using credit cards.

The ATF already has all that info from the 4473, so I'm guessing there is a more nefarious purpose. Probably ESG related.

Hugger-4641 said:

The ATF already has all that info from the 4473, so I'm guessing there is a more nefarious purpose. Probably ESG related.

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ESG?

environmental, social, and governance .... Social Credit score now favored in 'certain' areas of the world.

Night Rider said:

ESG?

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Yes, MEHavey is correct..
If you aren't aware of what ESG is, you might want to Google it. They already have it in China and some European countries and they're trying to implement it here as well.
Basically, if you're a bad boy and buy too much ammo or ground beef, or if your social media posts don't favor the right group, you get a bad ESG and pay higher interest rate, or taxes, or just deduct money from your balance.

Walkalong said:

Time will tell, but it wasn't done for anything good.

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Target marketing.

hso said:

Whether that has any real meaning or not is yet to be seen since I can buy a fishing rod and a firearm at an Academy or a gun case or a gun at the LGS

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Academy and like sporting goods stores would already have a code. VISA, etc and cannot differentiate between a Canoe and an AR by the code alone. They would need the Point of sale data from the store (receipt info). This will really only change stand alone FFL’s

Sounds like it”s happening…..

https://www.sfgate.com/business/art...ssure-credit-card-companies-over-17432938.php

tarosean said:

Target marketing.

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Yeah, sure.

More like Target marketing.

I dunno. The older I get, more more I think that a significant percentage of the people actually want to be ruled over. They'll never admit it, but that's what I think.

Ooops. There goes my ESG score.

Dayam.

Cash is the answer and it’ll be around forever. Until the next central bank induced crisis destroys most of the system we know. Then they’ll save us with CBDC. Central Bank Digital Currency. That’ll finish off the last bit of freedom we have. You’re money can be taken, frozen, redistributed or expired based on what ever the nut jobs in charge deem worthy. (Or locked from making guns and ammo purchases)

This is just the first step, to be followed by the "morality police" pressuring banks to deny purchases from this code. The question is, can banks legally discriminate against an entire class of trade just because they disagree with it? If so, will this lead to denial against alcohol stores, tobacco shops, gambling casinos, go-go clubs, etc., or is there too much money in those trades? I suspect gun shops get them more ESG brownie points for less revenue loss.

Cash is the answer until that goes away to be replaced by digital. It’s being worked right now. The new codes could mean if you buy too much under that code, you get additional scrutiny.

dh1633pm said:

The new codes could mean if you buy too much under that code, you get additional scrutiny.

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While some elected officials wanted this. Who is going to monitor it? Who is going to decide the flag(s) ? Will be there be legislation to force private companies to turn data over? Etc etc.

Lots of questions

tarosean said:

While some elected officials wanted this. Who is going to monitor it? Who is going to decide the flag(s) ? Will be there be legislation to force private companies to turn data over? Etc etc.

Lots of questions

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They already have a supercomputer (A.I.) to monitor and administer this. Our Constitution and the few conservative politicians we have left are all that's standing in the way.
Swamp creatures on both sides of the isle are pushing for this.

I wonder if the Visa debt cards are included. And the Cabela's card is through Capital one.

It will start with the big national bank cards like Bank of America, City Bank, etc. But eventually all credit organizations will be forced to comply if they succeed in passing this.

tarosean said:

Who is going to monitor it?

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Department of Commerce

tarosean said:

Who is going to decide the flag(s) ?

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ATF

tarosean said:

Will be there be legislation to force private companies to turn data over?

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Probably won't be necessary. We've already seen the Financial Sector's willingness to deny services to "evil" industries, such as oil and gas and/or the firearms industries. They will do it willingly. Transaction data is not your data; it belongs to the financial company who processed it. That means they are free to use or disperse that data as they wish. The next step is for them to give that data to the ATF. (Or, more plausible, give it to the Dept. of Commerce who will share it with the ATF.)

It's all in their sceam of things. Better believe that if they do it there is a reason. Right now that reason is hidden because you are not going to like it.

Take a big place like Midway USA or Bass Pro that sells all kinds of things including guns

How do they differentiate what was purchased?

Large sale of guns or camping equipment, boats motors Optics etc etc???

Feel good legislation!

D.B. Cooper said:

Department of Commerce

ATF

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Neither can differentiate if I purchased a Scope from a new categorized FFL or 20 AR's from Bass pro without a whole lot more information.

Ahem . . .

> Visa’s adoption is significant as the largest payment network, and with Mastercard and AmeEx,
> will likely put pressure on the banks as the card issuers to adopt the standard as well. Visa acts
> as a middleman between merchants and banks, and it will be up to banks to decide whether
> they will allow sales at gun stores to happen on their issued cards.
https://www.aol.com/finance/pension-funds-pressure-credit-card-223520677-154213386.html