New York CNN —Visa, Mastercard and Discover announced they will pause a plan to implement a new merchant category code for the nation’s gun retailers after political pressure from Republicans. In the wake of mass shootings, some financial companies, including Mastercard and Visa, have explored the possibility of tracking gun sales through their payment systems. The merchant category code (MCC) system would have separately categorized sales at gun and ammunition stores. Nearly every retail item has a merchant category code. Accordingly, Visa is pausing implementation of the MCC.”It’s the latest example of companies changing their plans based on pressure from Republican lawmakers.

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