None wanted to speak on the record, because it’s a hot-button topic. Is all of this a pipe dream? Maybe, but I spent the last 72 hours calling and emailing a handful of chief executives to discuss these ideas. Jamie Dimon, chief executive of JPMorgan Chase, which issues credit cards and owns a payment processor, has talked about how he and his bank have “a moral obligation but also a deeply vested interest” in helping “solve pressing societal challenges.” This is your chance, Mr.
If Visa and Mastercard are unwilling to act on this issue, the credit card processors and banks that issue credit cards could try. “Chief among these is that we do not and will not permit merchants to engage in unlawful activity on our network.” He said the company would continue to talk to customers and lawmakers about its policies. “Our payments network is governed by standards that have been established over time,” the statement said.
A spokesman for Mastercard sent a boilerplate statement that expressed “disgust with recent events, including last week in Florida.” Visa spokesmen did not reply to several emails seeking comment. And Mastercard proudly announced last year that it was the branded card for Cabela’s, an outdoor gear megastore with a seemingly limitless assault-weapon catalog. Visa, oddly enough, is the card of choice of the N.R.A.: There is actually an N.R.A.-branded Visa card issued by First Bankcard, a division of First National Bank of Omaha.
0 kommentar(er)
