I think it’s a little less nefarious than what it’s being made to be. There’s already hundreds of merchant codes breaking everything you charge down into all kinds of categories.
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I think it’s nefarious as all get out. When will the government be asking for all the hearing aid purchases? All the Florist purchases? Never. But they WILL be asking for lists of gun/ammo purchases & it will likely be on a weekly/monthly basis, not just when there’s a “suspicious” or mass shooting .... what a load of BS. They are building a gun registry ... they are very afraid of an armed populace.
BTW, I am cash only, no CC. After seeing that list of codes, if I had a card, I’d be getting rid of it.
It is a gun registry that will be held by CC companies; washing the Government’s dirty hands of constitutionality until they “produce a subpoena”.