(Reuters) -Top payment networks including American Express Co, Mastercard Inc and Visa Inc said on Thursday they have paused work on implementing a new sales code for gun merchants, citing ...

Mastercard is stepping up its open banking activity through partnerships with merchant solutions business Worldpay and BNPL firm Zip.

Visa, Mastercard and Discover announced they will pause a plan to implement a new merchant category code for the nation’s gun retailers after political pressure from Republicans.

Mastercard Inc said on Thursday it would pause work on its implementation of a new payments code for gun merchants, citing the complexities raised by pending laws in a number of U.S. states.

Visa, Mastercard pause work on code aimed at tracking gun purchases Visa and Mastercard have previously said the new system might not have had the impact that gun-control advocates had hoped.

Visa (V) and Mastercard (MA) are reportedly pausing a plan to track firearm sales with a new merchant category code ((MCC)) as a number of bills advancing in several states related to ...