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: I'm Confused
5/17/2013 11:27:11 AM
I do see what you're saying, but I guess we'll have to see how this plays out in court. Aside from the gun issue, it seems that companies are trying to override people's rights when it comes to their privacy or freedom.
While it's illegal for the government to do this, can private companies? For instance, you have freedom from unreasonable search and seizure the US. But everything is owned. Can every private landowner have their own security forces that shake you down against your will when you walk past their property? That would effectively result in you only having freedom in your own house or on federal land.
"Well, we didn't have anyone in line that got shot waiting for our system." -- Nintendo of America Vice President Perrin Kaplan
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