The Silicon Graybeard, connected us to The Daily Sheeple, who informs us of more skullduggery in the realm of the financial world.
Authorize.Net LLC (“Authorize.Net”) has determined that the nature of your business constitutes a violation of Section 2.xiv of the Authorize.Net Acceptable Use Guidelines and Sections 3.3 and 11.3 of the Authorize.Net Service Agreement (the “Agreement”).
These sections include, but are not limited to, the sale of firearms or any similar product. (emphasis Guffaw)
Accordingly, pursuant to Section 4 of the Acceptable Use Guidelines, your ability to access and use the Authorize.NetServices will be terminated on September 30, 2013.
(from a letter posted to a gun store in business four years, using ‘Authorize.net’ (aka VISA) services)
Reminded of my ‘days of yore’ in the credit card industry. When I began @ TMCCC (That Major Credit Card Company) in the late 80s, they said if we determined a business was of a ‘questionable’ nature, we could have their account canceled. Their focus was more on so-called ‘adult’ businesses, like porn shops and strip clubs.
Of course, after they determined they were ‘losing their shirts’ not taking business from strip clubs (e.g. irony), the policy was quietly discontinued.
If we all stopped using VISA, not just for purchasing firearms and equipment, but for EVERYTHING, do you think they would also reconsider their policy?