Citibank Refusing to Process Firearms Related Credit Card Transactions
January 10th, 2008Via: NSSF:
Citi Merchant Services and First Data Corp. are refusing to process any credit card transactions between federally licensed firearms retailers, distributors and manufacturers — a move which will severely limit available inventory of firearms and ammunition to military, law enforcement and law-abiding Americans.
The first company to be affected by this decision appears to be firearms distributor CDNN Sports Inc.
“We were contacted recently by First Data/Citi Merchant Services by a June Rivera-Mantilla stating that we were terminated and funds were being seized for selling firearms in a non-face-to-face transaction,” said Charlie Crawford, president of CDNN Sports Inc. “Although perfectly legal, we were also informed that no transactions would be processed in the future, even for non-firearms. I find this very frightening.”
