Visa, Mastercard, Amex to categorize gun sales

Visa, Mastercard, Amex to categorize gun sales

To identify sales of firearms, Visa, Mastercard, and American Express have declared they are developing a new purchase code.

Barbour said he doesn't think banks or credit card companies should decide whether to allow people to buy guns.

What will they say after that? "What's next, are they going to tell someone you're too risky or you acquired too many guns so you can't bank with us?" asked Barbour.

Spotting significant purchases, in the opinion of proponents of gun control, may aid in identifying questionable purchases made by potential mass shooters.

For instance, the perpetrators of three different mass shootings paid for their murderous rampage with credit cards.

In 2012, the would-be murderer in Aurora, Colorado, demanded about $9,000 for weapons, ammunition, and tactical equipment.

The would-be murderer spent over $26,000 on weapons and ammunition on his credit cards in Orlando, Florida in 2016.