Authorizenet Bans Transactions By America’s Largest Gun Store

Authnet credit card company is now beginning to tell merchants that deal in firearms and firearms related merchandise that their credit transactions are no longer welcome with the credit card bureau.

After working with Authorize.net for four years and without a single problem, the credit card company has told Hyatt Gun Shop, Inc., one of the largest gun brokerage firms in the United States, that it is terminating its relationship.

Hyatt owner, Larry Hyatt, recently shared the message he got from Authorize.net, the online credit service run by VISA.

“Dear Hyatt Gun Shop Inc,

Authorize.Net LLC (“Authorize.Net”) has determined that the nature of your business constitutes a violation of Section 2.xiv of the Authorize.Net Acceptable Use Guidelines and Sections 3.3 and 11.3 of the Authorize.Net Service Agreement (the “Agreement”). These sections include, but are not limited to, the sale of firearms or any similar product. Accordingly, pursuant to Section 4 of the Acceptable Use Guidelines, your ability to access and use the Authorize.Net Services will be terminated on September 30, 2013.”