Videos tagged with Mastercard

This video explains how using credit cards for ammunition and firearm purchases can lead to tracking by credit card companies and subsequent 'red flag' alerts sent to local sheriffs. The speaker advocates for using cash to avoid this tracking and potential scrutiny, especially in jurisdictions with red flag laws.

Several US states are reportedly making it illegal to purchase ammunition with cash. New Jersey, in particular, has seen criminal charges pressed against a gun store for accepting cash for ammo. This is seen by some as a form of gun control through financial control, forcing transactions into electronic systems that can be monitored and flagged.

The video discusses how using credit cards for ammunition and firearm purchases can lead to tracking by credit card companies and subsequent 'red flag' alerts sent to local sheriffs. It suggests that these alerts, particularly in states with red flag laws, could potentially be used to confiscate firearms without due process. The speaker advocates for using cash for such transactions to maintain privacy.

This interview with Joe Panzani of Scorpion Services highlights the growing threat of 'privatized tyranny' in the firearms industry, particularly concerning payment processing and merchant codes. Panzani explains how credit card companies and banks can act as agents of disarmament by refusing transactions or implementing restrictive merchant codes, effectively cutting off access to firearms and related goods. He emphasizes that this is a deliberate strategy, not a legal requirement, and urges FFLs and gun owners to be aware of these evolving financial pressures.

This video discusses the controversial practice of credit card companies using specific merchant codes to track gun and ammunition purchases, potentially flagging them for law enforcement. It highlights that 11 states have now enacted laws prohibiting Visa, MasterCard, and American Express from using these codes for such tracking. The speaker advises against using these credit cards for firearm and ammo purchases, recommending cash as an alternative.

As of January 2025, 11 states have enacted laws prohibiting credit card companies like Visa, MasterCard, and American Express from using specific merchant codes to track firearm and ammunition purchases. This legislation aims to prevent these transactions from being flagged and reported to local sheriffs, a practice that began in 2020 and saw over 7 million "red flags" issued by October 2024. The speaker advises against using these credit cards for gun and ammo purchases, recommending cash as a more private alternative.

This video discusses the tracking and flagging of gun and ammunition purchases made with credit cards. It highlights that Visa and MasterCard sent 5.1 million red flag reports to sheriffs in 2022. California is now mandating this tracking as law, while other states like Georgia, Kentucky, Iowa, and Wyoming are passing laws to prohibit credit card companies from engaging in this practice. The speaker expresses concern that this data fuels red flag laws, which they deem dangerous to Second Amendment rights.

This video discusses how using credit cards for ammunition purchases can lead to tracking by financial institutions and potentially law enforcement. The speaker asserts that Visa and MasterCard track these transactions, flagging them to local sheriffs, especially for frequent or large purchases. This practice is presented as a significant threat to Second Amendment rights, particularly when combined with red flag laws.

This video discusses new laws in California requiring credit card companies to use special retail codes for gun stores, enabling tracking of firearm sales. It contrasts this with laws in states like Georgia, Iowa, Tennessee, and Wyoming, which prohibit such tracking. The speaker argues these codes are a backdoor method to create a gun registry and do not deter criminals, while potentially flagging legal purchases for investigation.

This video discusses the re-emergence and implementation of specific merchant codes for firearm and ammunition purchases, primarily driven by a new California law. It highlights concerns from Second Amendment advocates that these codes will enable tracking of gun purchases, potentially equating them to terrorist activity. The discussion covers the history of this initiative, involving figures like Janet Yellen and Elizabeth Warren, and the responses from major credit card companies.

This video from GFG discusses the implementation of new Merchant Category Codes (MCCs) by major credit card companies to track firearm and ammunition purchases. The host expresses serious concern that this data could be used by authorities to flag individuals under red flag laws, potentially leading to firearm seizure without due process. The primary recommendation is to use cash for all firearm-related transactions to maintain financial privacy.

This video discusses the implementation of coded transactions by credit card companies like Discover, Mastercard, and Visa for firearm and ammunition purchases. It warns that these codes can lead to 'red flagging' and reporting to authorities, potentially resulting in confiscation without due process. The primary recommendation is to use cash for all firearm and ammunition transactions to avoid this tracking.