August 6, 2014TSG Press

All in a Name?

The owner of a small online art boutique was surprised when she was denied a merchant account, not once – but twice, by two major national merchant acquirers. Later, she learned the actual reason for not being allowed to accept credit cards for her beautiful and unique woven and needlepoint items and patterns – it was due to the unfortunate fact that her name is “Gun” and part of the name of the boutique business includes her name.

This is just one example of the effect of Operation Chokepoint (OCP) which has been using the blunt force of branding entire merchant categories that are legal businesses as “high risk” by government regulators.

Operation Chokepoint All in a Name 080614

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