The government stuck at a crossroads of how to reduce gun violence while also upholding the 2nd Amendment. In response, many banks and retail stores are changing their policies on firearms. Gun-control advocates praise the actions. Others see the practices as discriminatory.
Business Actions
Gary Ramey builds hand-made firearms. Many stores carry his guns and he also sells them online. Selling them on his website, however, has become a little more difficult lately. The companies he’s tried to use to process customer credit card payments say they won’t do business with him because he makes guns. This is now the policy of both Stripe and Intuit. Unless Ramey and other businesses like his can find a credit card processing company to work with them, they won’t be able to accept credit payments.
The recent decision by Bank of America is another example. Earlier this year, they stopped offering financing to any company makes assault rifles.
Dick’s Sporting Goods and Walmart still sell guns, but they have increased the age limit. Americans are legally allowed to buy a gun at age 18. Dick’s and Walmart, however, won’t sell one to anyone younger than 21. REI, a retailer who doesn’t even sell guns, stopped selling other products by Vista Outdoor because one of the company’s divisions makes guns and ammunition.
