California now forces credit cards to assign special code to gun stores as16 states ban it [USA TODAY]
Mastercard Incorporated (MA)
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Source: USA TODAY
effect in California, July 1, laws banning that code also went into effect in , Georgia, Iowa and Wyoming. The code, known as the , tracks the type of business where a transaction was made to determine things like tax reporting or transaction fees. It can also be used to track purchasing behavior, but MCCs do not note the specific items purchased. An international standards non-profit paved the way for credit cards to make a new code for gun retailers in 2022, and since then, state legislatures have moved in opposite directions to either encourage or prohibit credit card companies from using the codes. passed a law similar to California's this year, a move cheered by . But meanwhile, a slew of bills banning MCCs have popped up in more than 15 red states, and many have been signed into law already. Here is a look at the diverging approaches states are taking to requiring MCCs for gun retailers: International greenlight for gun store code prompts legislative whiplash In 2022
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