CREDIT CARD PROCESSING FOR FIREARMS DEALERS AND GUN SHOPS
Credit Card Processing for Firearms & Gun Dealers Requires Specialized Merchant Account Services
Being a gun dealer often means you will face significantly more challenges than other businesses. That certainly holds true when it comes to payment processing and taking credit cards for firearms. Selling firearms is considered a “high risk” business, and many credit card processors, such as Square, will not offer services to gun dealers or gun shops. However, guns are a big ticket item, giving customers the option to pay by credit card is essential. If you’re a firearms dealer, here’s what you need to know about finding the right credit card processor to support your business.
What Makes Credit Card Processing More Challenging For Firearms Dealers?
The potential for chargebacks your business could generate could be the largest concern when it comes to evaluating the risk profile of your business. If your business experiences a higher rate of chargebacks than others, it comes a “high risk” business because the banks ultimately have to address the debt that is incurred from the chargebacks. Here at Merchant Services LTD, we offer an advanced chargeback management system to protect our customers from having to incur any unwanted debt. Companies that manufacture customized goods may also be labeled as ‘high risk’.
What Does It Mean For Your Firearms Shop Being Seen as High Risk?
High-risk merchant credit card accounts usually are accompanied by special stipulations like increased rates and charges. Merchant Services LTD offers competitive yet clearly structure rates for firearms dealers. We pride ourselves on servicing this particular industry for over a decade. Our unique payment processing solutions can be custom tailored to outfit your firearms business no matter what the location, brick-and-mortar, trade shows, or online.
Applying for a Merchant Account for Your Gun Shop:
Merchant Services LTD understands the particular issues company owners face when looking at acquiring dependable credit card processing for your gun store. Personalized relationships are important in the high-risk industry, we understand that business is personal here at Merchant Services LTD.
Our goal is to be the undisputed best merchant account provider for FFL or Ammo related companies both for retail, phone and e-commerce payments. We pride ourselves on offering a fully US based customer service team 24/7. One of our highly skilled representatives will be assigned to your account to work with you individually to personalize your payment processing solutions.
E-commerce Sales Can Be Difficult For The Firearm Dealers Industry.
Selling over the internet is another way that business is a little different for gun dealers. It’s legal to buy guns online in the United States, but the gun must be shipped to a dealer with a Federal Firearms License (FFL) and not to the consumer directly. The consumer then gets their firearm from the licensed dealer to whom the firearm was shipped. While this is different than traditional internet sales, where an item gets shipped directly to a customer from the payment standpoint the transactions are processed the same way.
Merchant Services Payment Gateway for Credit Card Processing
Our payment gateway offers a myriad of benefits for your eCommerce payment processing needs. Merchant Service LTD delivers an eCommerce solution that provides:
- Real Time Monitoring
- Accepts Domestic & International Currencies & All Major Cards Accepted
- Virtual Terminal
- Recurring Billing
- Reporting Capabilities
- Third-Party Processor Integrations
- Third-Party Shopping Cart
- Partner & Merchant Portals
- Customer Support Options
- Multi-Tiered Hierarchy
- Multi-Mid Capabilities
- Transaction Load Balancing
With a multitude of other highly beneficial features, you can be sure that Merchant Services LTD will boost your eCommerce business and your bottom line.
Merchant Services technology is backed by state-of-the-art hardware & software ensuring that all your transactions are processed in the most secure and efficient manner. Merchant Services LTD doesn’t shy away from “high risk”, contact us today to start customizing payment processing for your firearms business.