2A Commerce Announces Plan to Combat Credit Card Companies Flagging Gun Store Purchases

Press Release
–

Sep 19, 2022 16:00 EDT

COLUMBIA, Tenn., September 19, 2022 (Newswire.com)
–
2ACommerce.com, the main customized e-commerce and software improvement company, is saying the event of a cryptocurrency fee gateway that may aptly be named 2AGateway.

The initiative is a direct response to Visa, Mastercard, and American Express’ announcement to start individually categorizing gun retailer purchases, which 2ACommerce feels will create a path for banks to deny authorized purchases of firearms and associated merchandise.

The codes will enable card manufacturers to flag and hint the gross sales of weapons and ammunition. Visa and the foremost card manufacturers operate as a intermediary between the service provider and the banks, permitting a financial institution to determine if they are going to enable their issued playing cards to make purchases at gun shops. The 2A Gateway will take away the intermediary within the transaction, thereby decreasing charges related to conventional card processing.

“It is unconscionable to me how in recent years, political ideology has so profoundly infiltrated business decision-making,” mentioned 2A Commerce CEO Greg Tanacea. “The 2A Commerce team is known for our ability to develop advanced custom workflows for our customers with deep integrations between multiple platforms and architectures. We are excited to announce this new initiative to ensure our customers will preserve their ability to conduct legal transactions without fear of being targeted.”

Access to cryptocurrencies has considerably improved over the previous few years due to main platforms equivalent to CoinBase and Cashapp, making it straightforward for customers to convert conventional fiat currencies to crypto. The 2A Gateway initiative will make it straightforward for retailers to transact each on-line and on the level of sale utilizing crypto.

While the 2A Gateway is in improvement, the 2A Commerce staff will implement an middleman crypto resolution for all present prospects, permitting them to take crypto funds. Any retailer not constructed on the 2A Commerce infrastructure which is on the lookout for a crypto different is inspired to contact them for a customized integration.

For extra data on 2A Commerce’s crypto choices, go to https://2acommerce.com/2a-commerce-crypto/

Source: 2A Commerce