Visa Inc says it will implement a new merchant category code that will identify transactions at gun shops in the United States.The announcement on Saturday marked a major win for activists who have argued that categorizing gun sales separately will help better track suspicious surges of firearms purchases that could be a prelude to a mass shooting. It came a day after the International Organization for Standardization (ISO) approved the creation of the code.“Following ISO’s decision to establish a new merchant category code, Visa will proceed with next steps, while ensuring we protect all legal commerce on the Visa network in accordance with our long-standing rules,” Visa said in a statement.
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