Credit Card Processor Ends Relationship with Gun Store
Hyatt Gun Shop, one of the nation’s largest gun stores, has had a four-year relationship with its credit card processing company, Authorize.net. But the processor has recently decided to cut ties with Charlotte-based Hyatt.
Why the sudden change? Because the business sells guns.
Several Visa executives are strong supporters of President Obama’s election campaign, and the President has been quite active in his quest for gun control. Other gun companies have been dropped from the program via similar emails since Hyatt got the news.
Not knowing that Hyatt Gun Shop sold firearms is nearly impossible, especially considering the name of their business.
The owner of the business said it took a full week and thousands of dollars to find another credit card processor that would handle the processing of their online transactions.