100% on the money.kev74 is right. This is a Credit Card processor, not the Credit Card issuer or network. Any business that accepts credit cards has to have an account with a CC processor. In this case, it was Authorize.net, which is a very large processor and one of the leaders in online CC processors. These CC Processors cost businesses between 3 and 5 percent of the total transaction cost and only a percentage of that actually goes to Visa, MC, etc.
There is nothing you can do as a consumer to select CC processors, that is a business decision of the reseller.
emsbronco said:The best thing that we can hope for is that those of us who own businesses (either in the firearm industry or elsewhere) avoid doing business with CC merchant providers who do things like this and make sure our current providers know why we're switching. I am going to do some research to see if I can find out if my business' current provider has done any actions like this.
Actions such as these can only drive a bigger wedge into the issue of gun rights in America... Makes me wonder what it'll take before gun owners across America get a clue and start fighting back...
McMillan Fiberglass Stocks, McMillan Firearms Manufacturing and McMillan Group International have been collectively banking with Bank of America for 12 years. But no more: In a recent meeting, the mega-bank told the firearms company that its business is no longer welcome.
Operations director Kelly McMillan told the Daily Caller that his company has never been late on a payment and has never bounced a check. The debt outstanding on its line of credit is at 61 percent.
CHICAGO (CBS) - Chicago Mayor Rahm Emanuel is putting more pressure on gun makers to get behind his push for an assault weapons ban and criminal background checks for gun purchasers.
This time, he wants to go after their bottom line.
Emanuel is pushing two major financial institutions to stop their financial backing of gun makers, unless those companies support "commonsense reforms, including requiring criminal background checks on all gun
Rahm Emanuel Urges Major Banks to Stop Serving Gun Makers Unless They Support 'Common Sense' Gun Control | TheBlaze.com
Open a Scottrade Bank account. They reimburse all ATM fees and theyt use Mastercard.Typically a bank or credit union will choose only one debit card brand (e.g. Visa or MasterCard) for systems efficiency. Credit cards have a different business case/profitability model which make it easier for banks to issue multiple card brands - some banks issue MC, Visa and Even Amex cards. Bottom line is that if you want to change your debit card from a Visa brand to a MasterCard brand you will have to find a different bank. Unfortunately Visa dominates the debit card market so finding a MC branded debit card takes a bit of work.