Print 82 comment(s) - last by 91TTZ.. on May 17 at 11:51 AM

It says the current gun debate has nothing to do with it

There's a lot of controversy surrounding the use of guns these days, and it's even starting to show in the retail sector as Square announces that gun retailers can't use its services. 

Square, the San Francisco-based mobile payment startup, has announced a change to its terms that says gun retailers cannot use its technology. The exact terms block sales of firearms, firearm hardware, ammunition and parts. It also forbids sales of weapons and "other devices designed to cause physical injury."

Square said its revised terms have nothing to do with the current gun debate.

“From time to time, we revisit our policies governing the use of Square to ensure they are in the best interests of our customers,” said a Square spokesman. 

Square isn't the first to snub guns. For instance, General Electric (GE) said it won't provide financing to gun retailers anymore. 

While many companies are looking to either take a stance on the gun debate or just be more sensitive about the topic in general, it seems odd that Square is choosing to block out guns. 

According to Southwick Associates, a research firm that studies the hunting and shooting industry, only about 30 percent of firearms are distributed to big retail chains like Wal-Mart while the other 70 percent are sent to smaller stores -- and Square aims to spread the use of its cash register-free mobile payment system in small stores like these. 

What do you think? Is Square's decision to axe gun retailers a good idea? 

Sources: Forbes, CNN Money

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Just dumb business
By Ammohunt on 5/15/2013 10:38:52 AM , Rating: 2
This is what happens when hippies start their own business. I wonder if I could pay for an abortion or a sex change with one of their systems? Simple remedy, I will choose not to use their systems for any of my transactions and I will let retailers know that their systems are not an acceptable means to deal with my money.

On a side note its funny how the left can discriminate all they want yet when others discriminate its a crime...whats next denying junk food purchases?

RE: Just dumb business
By 91TTZ on 5/15/2013 11:12:15 AM , Rating: 2
On a side note its funny how the left can discriminate all they want yet when others discriminate its a crime.

That's the activist mentality- they scream for openness, transparency, fairness, and equality... as long as it agrees with their agenda. If it doesn't, you might as well oppress those people and silence them at all costs.

What is especially toxic about the activist mentality is that even activists for other causes will get angry if you ignore the activists. By ignoring certain activism, they feel that you're ignoring their activism as well. The end result is an extremist society.

"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer
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