Posted on 01/13/2015 8:04:26 AM PST by PROCON
Go to a gun show, and you wont find many merchants using PayPal.
Youll also find few vendors using popular payment processors such as Square, Stripe and Spark Pay.
Thats because some payment processors explicitly prohibit the use of their systems for online and some in-store sales of firearms, ammunition and certain accessories.
Retailers in the gun industry say theyre being discriminated against.
Being shut out from mainstream payment processors makes us feel like we are part of some type of shady business when, in fact, there is more regulation and documentation required for federally licensed firearms dealers than most businesses, said Trevor Blandford of Terminal Performance Associates in Caroline, Va.
Blandford, 21, has been working gun shows for his familys business since he was 14 years old. Recently, his parents named him general manager of Terminal Performance, which is known for its custom-built pistols and rifles and originally finished wraps. He and his family sell their merchandise online and at local trade shows.
(Excerpt) Read more at dailysignal.com ...
I will not use any payment method that will not process firearms transactions, even for non-gun purchases. All of my economic activity is political, and I’m boycotting GM forever because of their corrupt bailout, along with TARP banks, and these payment processors.
Can you imagine the amount of hacking efforts you will have to endure and government regulation and invasion into your data.
I can see a lawsuit coming... I can’t see how a processor can refuse to honor the purchase of an item that can be legally sold.
Exactly...the gubmint morons don’t understand that by making people use cash, they cannot track gun sales. I would never pay credit for a gun or weapon.
We reserve the right to refuse service...unless, of course, the refused is gay or muzzie, in which case, there would be basis for lawsuit. Otherwise....freedom of the payment processor.
What does it matter? FFL dealers have been part of the destruction of the 2A for too many years at this point. The 2A does NOT say, shall not be infringed, as long as you have a background check. Forgive me if I don't feel sorry for the FedGov butt kissers.
How many people are looking to get into the credit card payment processing business. The Adnimistration is creating a market opportunity here for somebody to open Choke Point Bank.
There is a huge client base there. Somebody will make a lot of money.
How about getting your salary in bitcoins, like the employees of overstock.com?
There is money to be made by those who offer alternatives
There is money to be made by those who offer alternatives
Which is their business because....
IOW, if you create a payment mechanism, is it really any of your business what legal commerce two willing parties engage in using your system?
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