Square Blocks Gun Retailers from Using its Mobile Payment System
May 15, 2013 9:30 AM
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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?
This article is over a month old, voting and posting comments is disabled
RE: Odd Choice
5/15/2013 11:53:48 AM
Actually it does indeed fall under unfair and discriminatory acts part of a lot of anti discrimination laws in business. It's like saying, sure you can use this device to sell marijuana in cali, porn, head shop goods, alcohol, tobacco, or anything else possibly harmful to people.
But you can't sell anything gun or remotely firearms related.... Companies don't have the right to do that, it'd be the same as abercrombie and fitch stores blocking a person from entering their stores, because they don't fit the type of customer they want.
RE: Odd Choice
5/15/2013 5:20:53 PM
No, it's more like a payment processing company refusing to allow A&F to use their services because A&F caters to homosexuals, which the owners of the payment company find morally despicable.
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