‘“Intuit didn’t care if I sold pool cues, or ax handles, or closet rods, or steel pipes, or big flashlights but they were all wound up about selling police batons to police officers,” said Sean DePriest, the president of National Police Supply…’
We’re kinda having a bit of #MeToo moment right now as it relates to the way the financial industry treats pro-2A businesses. While the truth is that banks, money lenders, and credit card processors have for years been adopting an institutional hostility toward the gun industry, many stories of discrimination and unfair treatment are just being told now as more victims feel compelled to speak out.
Last week we ran an article on the way credit card processor Intuit dropped Honor Defense because the Georgia-based pistol maker was accepting orders and credit card information over the phone from federally licensed dealers. Intuit claimed that because these transfers weren’t face-to-face it would have to terminate its relationship with Honor Defense.
Gary Ramey, the owner of Honor Defense, explained that the firearms industry is heavily regulated by the federal government, that all gun shops hold a special license and that any firearm sold to an individual is actually transferred to a local gun shop where the prospective purchaser must pass a background check before he or she can take possession of the firearm. In other words, it’s about as safe and as worry-free a transaction as one could ask for. Still, Intuit stood its ground, kicking Honor Defense to the curb.
by S.H. Blanelberry