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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RE: Odd Choice
By Reclaimer77 on 5/15/2013 1:52:14 PM , Rating: 0
The people running this company are idiots. They are putting politics and ideology above their own profits and business.

RE: Odd Choice
By rs2 on 5/15/2013 10:28:02 PM , Rating: 3
That's their right as business owners. If you found your own transaction processing company, you can run it however you want.

RE: Odd Choice
By Reclaimer77 on 5/16/2013 1:13:43 AM , Rating: 2
No you don't have a "right" to discrimination, even if it's "your" business.

I'm about as pro-business as anyone here. But come on, this move is indefensible.

RE: Odd Choice
By rs2 on 5/16/2013 3:10:52 AM , Rating: 2
Yes, they do have that right. Just like a fancy restaurant can choose to turn away anyone not wearing a jacket and tie, or a club can turn away anyone not trendy enough, or a daycare can turn away people who waltz in waving giant dildos around, businesses generally have the right to refuse service to whomever they want, for any reasons they choose.

This is no more (or less) indefensible than Apple telling people that they cannot run OS X on anything other than a "genuine Mac". Or Apple telling developers that they can't have porn in their apps. Or Apple telling iOS users that they can't have apps with porn in them. Or mobile carriers telling people that they cannot unlock or jailbreak their phones. Or eBay telling people that they can't sell certain things ( ). Or Chick-fil-A declaring that they have a problem with gay people.

You can disagree with their position and their policy, but they have every right to have it.

"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke
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