Tracking credit card gun purchases

The NRA bulletin I got today by eMail explains it fairly well. Anyone interested should get on the NRA website to read the details. It’s pretty grim. Also a good writeup on “Ghost Guns” It’s not quite what I thought it was.
 
Last edited:
Prior to the merger Cabela's sold off the credit card portion of the business. Wasn't the Cabela's card prior to this time proprietary to the Cabela's name and not a bank ?
pawngal said:
"Visa's adaption is significant as the largest payment network, and with Mastercard and AmeEx, will likely put pressure on the banks as the card issuers to adapt the standard as well. Visa acts as a middleman between merchants and banks, and it will be up to banks to decide whether they will allow sales at gun stores to happen on their issued cards."

Cabela's and Bass Pro cards are issued by Capital One Bank. Do you really think Capital One would like ditching them and losing the $$$ those generate?
Click to expand...
 
IronSkillet said:
Prior to the merger Cabela's sold off the credit card portion of the business. Wasn't the Cabela's card prior to this time proprietary to the Cabela's name and not a bank ?
Click to expand...

I believe you are correct. I know I have had different cards over the past 25 or so years. Like I said in another post, Johnny Morris should start his own banking business and be able to ditch Capital One.
 
s&wchad said:
Cash isn’t going away anytime soon. There are those in government who would love to see this happen, but they don’t even have the support to eliminate pennies.
Click to expand...

I wouldn’t bet on that.
The government gets more desperate for revenue every day, and what better way to squeeze even more money out of the economy than to make sure no transaction is un-taxed.
 
Last edited:
The potential consequences of a national digital currency exceeds man’s ability to imagine. No aspect of your privacy will remain, and some faceless bureaucrat will have complete control over your finances. Are you doing something considered by the government to be suspicious? Before you know it, Bam! All of your finances are frozen until there is an investigation into your activities. Think it can’t happen? Ha! You done graduated from Fool School.
 
Last edited:
pawngal said:
What I foresee if this is implemented is higher transaction fees for smaller firearms retailers like myself. Would be considered "high risk" I currently pay 3.5-4% on all card transactions. Big box stores pay a far lower percent so they probably won't be affected.
At some point in the future all commerce will be electronic and everything you buy will be tracked. But not in my lifetime.
But if the world goes to **** in a handbasket, all bets are off.
Click to expand...

It will likely come much sooner than you think.
I would not be surprised if it happens within 2 years.
Things change very rapidly for the worse during a great crisis.
We are headed for a big one.
Several, actually.
 
Last edited:
biku324 said:
So what? There's already a 4473.
Click to expand...

It would be easier for credit card companies to have their own in-house data to track sales than to get access to 4473’s.
Also by the time the 4473 is completed, approved, and entered into the national database, the gun and the buyer are already out the door.
 
Last edited:
Narragansett said:
robertrwalsh said:
VISA announced today that they are instituting a specific code for gun purchases in order to track "dangerous increases" in gun sales. Just thought you might want to know.[/quote

Hopefully this gets challenged soon

Does not bother me. Guns are a cash business
Click to expand...

YOU SHOULD BE BOTHERED.

For most buyers and sellers guns are NOT a cash business.
They are credit or debit card sales.
I am old, and do 95% of all purchases in cash, but I am in the minority.
Cash is going to be outlawed sooner than most people think. Will likely happen in 2 to 5 years, tops.
Then what will you do?
Click to expand...
 
smoothshooter said:
It would be easier for credit card companies to have their own in-house data to track sales than to get access to 4473’s.
Also by the time the 4473 is completed, approved, and entered into the national database, the gun and the buyer are already out the door.
Click to expand...

Also a 4473 is tied to governmental accountability. What they do with it must conform to the constitution.
Financial institutions do not have such accountability to constitutionality.
Certain businesses deemed to dangerous have largely been phased out by insurance companies refusal to cover them.
That's where my eyes are in this.
It is good to see some congress critters are telling them "no" ... I only hope they have the fangs and the willingness to use them to back it up.
 
Private Bailey said:
If for some reason you’re suspected of bad intentions, your credit card usage is already easily accessed by law enforcement. It’s a fairly simple matter to cherrypick purchases that look suspicious.

This “victory” for anti-gun people is hollow, to say the least.

But if someone’s really concerned that their gun purchases are being monitored, just pay cash. But as another member mentions, there’s that 4473 lurking in the background forever. That form has more info about you and that gun you just bought than any receipt or record from a credit card company.
Click to expand...

Not entirely true.
The 4473 has the most details about the gun, but the CC companies have far more information on YOU than the ATF does.
 
You must log in or register to reply here.

Similar threads

biku324
Credit Self Defense
2
Replies
21
Views
935
Jeff423
Jeff423
LoboGunLeather
Again with the credit card fraud!
2
Replies
29
Views
942
wood714
wood714
O
Great Customer Service, Robertson Trading Post
Replies
0
Views
197
otis24
O
robertrwalsh
mandatory reporting for credit cards
Replies
15
Views
888
Rule3
Rule3
DWalt
Your First Credit Card
2 3
Replies
50
Views
1K
DWalt
DWalt

Latest posts

Back
Top