New York S00745 removes dealers of ammunition from certain provisions that require the use of certain merchant category-codes by payment card.
New York S00745 amends the general business law to remove dealers of ammunition from certain provisions that require the use of certain merchant category-codes by payment card networks for firearm merchants. The bill specifies that on or before November 1, 2024, each payment card network must make the merchant category-code for firearms and ammunition businesses available for merchant acquirers that provide payment services for dealers of firearms.
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