It is difficult for me to understand what the "business" reason would be for this. I guess that I have never heard of the company that processes credit card transactions facing liability so that also seem out of the question. Not processing non-firearm transactions for companies involved with firearms? This seems a bridge too far. So is it just political?
CREDIT CARD PROCESSING COMPANY REJECTS FIREARMS INDUSTRY
National Shooting Sports Foundation
January 7, 2008
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).
Thanks to Dan Gifford for this information.
UPDATE: At least one person
is dropping his Citi bank card.