Published by
Reuters
Reuters
By Ross Kerber (Reuters) – Legislation being pursued by Republicans in several U.S. states aims to limit use of a planned merchant code for credit card transactions at gun retailers meant to detect suspicious firearms and ammunition sales, undermining a tool welcomed by gun control advocates. The bills were introduced in states including Texas, Florida, Mississippi, Oklahoma, West Virginia and Wyoming. They would prohibit or limit banks or payment processors from using the “merchant category code,” or MCC, approved for gun sellers in September by the Geneva-based non-governmental International…