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oldemagics
Member Posts: 5,828 ✭✭✭
CREDIT CARD PROCESSING COMPANY REJECTS FIREARMS INDUSTRY
story link http://www.nssf.org/news/fromBP.cfm?BPseq=704
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January 7, 2007
CREDIT CARD PROCESSING COMPANY REJECTS FIREARMS INDUSTRY
REFUSES TO PROCESS TRANSACTIONS . . . Citi Merchant Services and First Data Corp. are refusing to process any credit card transactions between federally licensed firearms retailers, distributors and manufacturers -- a move which will severely limit available inventory of firearms and ammunition to military, law enforcement and law-abiding Americans.
The first company to be affected by this decision appears to be firearms distributor CDNN Sports Inc.
"We were contacted recently by First Data/Citi Merchant Services by a June Rivera-Mantilla stating that we were terminated and funds were being seized for selling firearms in a non-face-to-face transaction," said Charlie Crawford, president of CDNN Sports Inc. "Although perfectly legal, we were also informed that no transactions would be processed in the future, even for non-firearms. I find this very frightening."
To voice your concern to Citi Merchant Services and First Data Corp., please contact June Rivera-Mantilla at 631-683-7734 or her supervisor Robert Tenenbaum at 631-683-6570.
To change to an NSSF-affiliated credit card processing program, contact Payment Alliance International at 1-866-371-2273 (ext. 1131).
View all stories for this edition of Bullet Points
Read the most recent edition of Bullet Points
The National Shooting Sports Foundation | 11 Mile Hill Road | Newtown, CT 06470 |www.nssf.org
c 2008 National Shooting Sports Foundation, Inc. All Rights Reserved
11 Mile Hill Road Newtown, CT 06470 203.426.1320
Privacy Statement Linking Policy Terms of Use
story link http://www.nssf.org/news/fromBP.cfm?BPseq=704
Home | Contact Us | About NSSF | All NSSF-Supported Sites | Search
Safety &
Education Hunting Shooting Media
Resources Member Services
& Industry Legislative
Action Center
January 7, 2007
CREDIT CARD PROCESSING COMPANY REJECTS FIREARMS INDUSTRY
REFUSES TO PROCESS TRANSACTIONS . . . Citi Merchant Services and First Data Corp. are refusing to process any credit card transactions between federally licensed firearms retailers, distributors and manufacturers -- a move which will severely limit available inventory of firearms and ammunition to military, law enforcement and law-abiding Americans.
The first company to be affected by this decision appears to be firearms distributor CDNN Sports Inc.
"We were contacted recently by First Data/Citi Merchant Services by a June Rivera-Mantilla stating that we were terminated and funds were being seized for selling firearms in a non-face-to-face transaction," said Charlie Crawford, president of CDNN Sports Inc. "Although perfectly legal, we were also informed that no transactions would be processed in the future, even for non-firearms. I find this very frightening."
To voice your concern to Citi Merchant Services and First Data Corp., please contact June Rivera-Mantilla at 631-683-7734 or her supervisor Robert Tenenbaum at 631-683-6570.
To change to an NSSF-affiliated credit card processing program, contact Payment Alliance International at 1-866-371-2273 (ext. 1131).
View all stories for this edition of Bullet Points
Read the most recent edition of Bullet Points
The National Shooting Sports Foundation | 11 Mile Hill Road | Newtown, CT 06470 |www.nssf.org
c 2008 National Shooting Sports Foundation, Inc. All Rights Reserved
11 Mile Hill Road Newtown, CT 06470 203.426.1320
Privacy Statement Linking Policy Terms of Use
Comments
Got Guns?
This is so last year[:D]
Got Guns?
so sorry, i only spend about an hour a day if that on the puter, so i just ran accross it.
what's next? online porn?!?[;)]
there's a difference between the company that isues your CC and the company that processes the transactions, isn't First Data the ones that process the transaction? they would have nothing to do with the credit card agreement, also couldn't cancel someone's card because they didn't like what they di dwith it, they're not the CC company, they just process the transaction! or am I wrong?
quote:...REFUSES TO PROCESS TRANSACTIONS . . . Citi Merchant Services and First Data Corp. are refusing to process any credit card transactions between federally licensed firearms retailers...
they are the processors, yes. the fact that they are refusing to handle any such transaction means that the dealer must find some other (slower) way to pay for shippments as well as customers not being able to use their plastic for purchases.
imagine the drop off of sales that could lead to when c.o.d. becomes the only way to purchase any firearm!
quote:How can they seize the funds??
not sure at all on that one, i would think any decent lawer would love to go after a company with a net worth these guys must have for basically stealing another companies assets because they are engaging in LEGAL COMMERCE?
any legal beagles care to chime in on this part of the question?