- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 7/27/23 at 11:22 pm to FearTheFish
quote:
Why are you using bill pay to purchase a firearm?
This was my first thought as well.
It seems pretty unlikely that the bank would disallow purchasing of all those items (I mean it also includes prescription drugs/devices, come on) but there are probably legal reasons to exclude them from their bill pay service/tool.
Posted on 7/28/23 at 12:55 am to lostinbr
Wed July 26, 2023 at 12:41 PM CDT
Mastercard moves to ban cannabis purchases on its debit cards
(Reuters) -Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United States.
Most banks in the country do not service cannabis companies as marijuana remains illegal at the federal level despite several states legalizing its medicinal and recreational use.
"As we were made aware of this matter, we quickly investigated it. In accordance with our policies, we instructed the financial institutions that offer payment services to cannabis merchants and connects them to Mastercard to terminate the activity," a spokesperson for the company said on Wednesday.
"The federal government considers cannabis sales illegal, so these purchases are not allowed on our systems," the spokesperson added.
Sunburn Cannabis CEO Brady Cobb said in a statement that "this move is another blow to the state-legal cannabis industry and patients/consumers who want to access this budding category."
Mastercard moves to ban cannabis purchases on its debit cards
(Reuters) -Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United States.
Most banks in the country do not service cannabis companies as marijuana remains illegal at the federal level despite several states legalizing its medicinal and recreational use.
"As we were made aware of this matter, we quickly investigated it. In accordance with our policies, we instructed the financial institutions that offer payment services to cannabis merchants and connects them to Mastercard to terminate the activity," a spokesperson for the company said on Wednesday.
"The federal government considers cannabis sales illegal, so these purchases are not allowed on our systems," the spokesperson added.
Sunburn Cannabis CEO Brady Cobb said in a statement that "this move is another blow to the state-legal cannabis industry and patients/consumers who want to access this budding category."
Posted on 7/28/23 at 3:27 am to Kmit58
well how the f*ck am i supposed to buy my guns, hookers and drugs. LOL. Just pay cash for the guns. everybody is so worried about being tracked with their firearm purchases but turn around and charge a card or use a debit card. Just use cash and keep it simple stupid. On plus side your local arms dealer may even forgo the taxes for cash or give you a discount bc cash can be used under the table for his other hustles
Posted on 7/28/23 at 10:04 am to OweO
Banks prepping for a cashless society. Central Digital Coin on the way.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News