Visa, American Express, and Mastercard will start implementing the plan, separating gun and ammunition purchases from other kinds of shopping for the first time. They had previously been classified as general merchandise.
Major credit card companies are reclassifying purchases at gun stores and ammunition shops — a change that could pull back the curtain on gun purchases.The move comes as gun sales keep climbing.
The FBI reports having done 78,571,988 background checks for gun purchases in the last two years. That's more than in any two-year stretch since record-keeping started in 1998."I came to that decision after months of going back and forth," Starr said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Visa, Mastercard, AmEx to start categorizing gun shop sales - New York Amsterdam NewsPayment processor Visa Inc. said Saturday that it plans to start separately categorizing sales at gun shops, a major win for gun control advocates who say it will help better track suspicious surges of gun sales that could be a prelude to a mass shooting.
Read more »
Walmart, Target Urge Lawmakers to Pass Bill Taking Aim at Visa, Mastercard FeesMore than 1,600 merchants including Walmart and Target are urging U.S. lawmakers to pass legislation that aims to break the hold that Visa and Mastercard have over the credit-card market.
Read more »
A Guide to U.S. Work Visas for International StudentsWhen it comes to finding jobs, the U.S. labor market is not an equal playing field for international students. In this article, HBR editor, Evelyn Nam, writes about the different types of work visas that foreign students can consider as they plan to study in the U.S. OPT and CPT: To acquire work experience, you must first apply for temporary employment authorization, known as either Optional Practical Training (OPT) or Curricular Practical Training (CPT). Both OPT and CPT allow you to be employed during and after your course of study. The duration of the OPT and CPT depends on your program. If you’re able to find an employer during your OPT who will support a work visa, you can apply for a permanent or a temporary work visa. Temporary visas: They include the H, L, O, and E visas that allow you to work in the U.S. temporarily, with a date of expiration on which you must leave the States. The most common of them is the H-1B visa which is allocated through a lottery system. Companies must submit an application to sponsor foreign workers. However, the selection is random and is not based on merit: It doesn’t matter what grades you earned, which company you work for, or the salary you’ve been offered. Another temporary visa gaining popularity in the U.S. is the O visa or the “genius visa” or “artist visa.” Typically for individuals with “extraordinary abilities” in science, technology, arts, or athletics, the application process here is demanding and expensive. Permanent visas: Permanent visas, while having much higher standards for application approval, lead to green cards allowing workers to stay in the U.S. as permanent residents. International students can apply directly for these visas, but they are highly competitive and usually filed by sponsoring companies after successful completion of the temporary H-1B visa.
Read more »
Josh Hawley: Credit Card Companies Aligning to Track Gun PurchasesSen. Josh Hawley (R-MO) warns that credit card companies have positioned themselves to track gun purchases and is asking the big three–Visa, Mastercard, and American Express–why they are inserting themselves into Second Amendment issues.
Read more »
Djokovic can play in next Australian Open with visa ban set to be liftedSerbian tennis star Novak Djokovic is set to return to Australia much sooner than anticipated as his ban on entering the country is expected to be rescinded.
Read more »