Square not a deal for firearms sellers
Posted by Non_mooching_artist 10 years, 2 months ago to Business
These businesses are finding their livelihood is getting choked by the unfriendly business practices of Square and other credit transaction processors. Operation Choke Point claims no correlation, or remains silent on the role it has had in making this type of transaction nearly impossible. Cash payments are not always convenient for purchasers at shows. Restrictions on cash withdrawals from many banking institutions limit a purchaser's ability to pay cash for some gun purchases.
The continued hostile climate directed toward the firearm industry as a whole, remains firmly in place. Unless there is a greater outcry against these punitive credit processing practices, they will continue to run roughshod over firearms sellers. We all pay a price for this trampling of free market commerce, but most of all, those trying to just make a living in one of the most highly regulated and targeted industries in existence.
The continued hostile climate directed toward the firearm industry as a whole, remains firmly in place. Unless there is a greater outcry against these punitive credit processing practices, they will continue to run roughshod over firearms sellers. We all pay a price for this trampling of free market commerce, but most of all, those trying to just make a living in one of the most highly regulated and targeted industries in existence.
State/Fed rules requiring no discrimination in business dealings (more harm than good)
Use of Bitcoin and similar. Bring in cash to Bitcoin terminals.
Using checks (remember?) maybe even pre-printed forms drawing on the buyers non-check bank account
Business opportunity for competitors to the big credit card companies.