Posted on 01/07/2008 4:01:02 PM PST by pabianice
REFUSES TO PROCESS TRANSACTIONS . . . Citi Merchant Services and First Data Corp. are refusing to process any credit card transactions between federally licensed firearms retailers, distributors and manufacturers -- a move which will severely limit available inventory of firearms and ammunition to military, law enforcement and law-abiding Americans.
The first company to be affected by this decision appears to be firearms distributor CDNN Sports Inc.
"We were contacted recently by First Data/Citi Merchant Services by a June Rivera-Mantilla stating that we were terminated and funds were being seized for selling firearms in a non-face-to-face transaction," said Charlie Crawford, president of CDNN Sports Inc. "Although perfectly legal, we were also informed that no transactions would be processed in the future, even for non-firearms. I find this very frightening."
To voice your concern to Citi Merchant Services and First Data Corp., please contact June Rivera-Mantilla at 631-683-7734 or her supervisor Robert Tenenbaum at 631-683-6570.
To change to an NSSF-affiliated credit card processing program, contact Payment Alliance International at 1-866-371-2273 (ext. 1131).
View all stories for this edition of Bullet Points Read the most recent edition of Bullet Points
Well, it looks like I’m going to have to refinance my mortgage with somebody else other than Citibank, which assumed my mortgage from ABN Amro recently.
Federal express refused to send in my target pistol to S&W for repair even though S$W had sent me the prepaid box to return it. I dropped it in a box and got it back by Fedex 6 weeks later. Some people treat guns like toxic waste.
And so it begins..........
At least the first, and probably the second. The third was just for fun. :)
Only if we let them.....
Our principal ‘weapon’ in this instance is economic. It’s up to us to use it.
Citi...don’t the Arabs have some piece of this bank ?
Yeah, Citi purchased mine from Amro a couple months ago as well. Sounds like Citibank is in trouble with the CDO’s and other mortgage backed securities they’re holding. They had to borrow $7.5bln from AbuDhabi about a month ago at 11% as they needed a capital injection bad. Banks don’t borrow at 11% unless they’ve got serious problems. Serves the clowns right.
Same here....
Hadn’t heard that but not much surprises me anymore.
Did someone convince their legal department that they’d be a party to a suit or even subject to criminal charges due to a sale gone bad?
One of Citi’s Directors is Robert Rubin, former Treasury Sec for bill clinton. Big goobermint boobs, the both of ‘em.
We will see how this plays out and how much truth to it. However if it is true it really gets my blood pressure up. I will be campaigning against Citibank.
The letter is entirely nonsense.
A Credit Card company is deciding that a merchant is in violation of the Gun control Act? What a bag of worms they have stepped into.
The merchants in the interstate sales always ship to a licensed firearms dealer that does the transfer to the purchaser. That is why the sale is NOT a violation.
Now, I wonder, if someone reported that Amazon shipped blenders to buyers who used them to process kittens - a sure law violation - would Amazon be cut off?
How can that be?
It is against the Q'ran to participate as borrower or lender at interest. Mohammad bin Allah bin Satan forbid it.
Sounds like a good business opportunity for someone.
I hope you were equally outraged by the shut down of online gambling. Because the government has enlisted the banks to shut down that industry too.
The CITI termination letter references the Gun Control Act.
Here is a link to a Wikipedia article on the Gun Control Act of 1968:
http://en.wikipedia.org/wiki/Gun_Control_Act_of_1968
There are links at the bottom of the article to government and educational websites with the actual text of the law.
If the merchant is following the law (background check, FFL to FFL transfers, etc), its hard to say what put a bee in CITI’s bonnet. Perhaps fear of some liability if it turns out to be an illegal transaction (”unable ot monitor transactions”)?
Sounds like the CITI legal department in action. I guess the next step is to begin denying suspect transactions because they might just be kiddie porn or whatever. Then they will be passing judgement on which 501 (c)3 donations they will process: Planned Parenthood-okay; Right to Life-oh no.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
