Gun Friendly Merchant Accounts

The process of selling firearms and firearms-related products and services isn't easy. Businesses operating in this space are finding it increasingly difficult to process credit card transactions for their goods and accessories. When selling guns or starting a firearms business, you will need a gun-friendly credit card processor. That is the only way to ensure you will be able to sell firearms securely and generate profits. After you have found the best payment gateway for GunBroker, Gearfire, or your own website, you can begin promoting and selling firearms, ammunition, and gun accessories online without hassle.

Why Credit Card Processing for Gun Dealers is Difficult

If you don't do your research, selling guns, ammo, and accessories can be very difficult. Luckily, it does not have to be that way. Stripe, Square, and PayPal are just a few of the biggest payment processors that will not work with merchants who sell firearms or firearms-related goods and services. The reasons they say they do not want to include:

• Fraud: Since the gun and ammunition industry is so large, it is predisposed to fraud. In response to fraudulent charges and chargebacks, traditional payment processors no longer work with gun merchants and ammunition sellers.
• Chargebacks: In the gun and ammo industry, chargebacks and returns are common. Paying processors such as Square, Stripe, and PayPal may decline to accept new applicants if an industry has an alarming chargeback rate.
• Legal and Financial Liability: There should never be a problem with financial or legal liability when selling firearms. Unfortunately, this is not always the case. In the past, gun sellers, manufacturers, and their acquiring banks have been involved in legal backlash as a result of gun sales. Conservative banks refrain from supporting businesses in this industry to avoid that possibility. If you are seeking a firearms merchant account that you can rely on and trust, you need to seek out a high-risk payment processor. These banks have banking relationships that are ideal for supporting this type of industry and the infrastructure to help it grow.
• Political Pressure: In my opinion, this is the main reason. Gun control is gaining momentum slowly and quietly, with little public fanfare. If guns can't be taken directly from citizens' hands, the next best option is to target banks and financial institutions, which facilitate transactions or offer loans to the gun industry. There are still some banks, credit card networks, and lenders that maintain that their customers have the right to privacy and that corporate responsibility does not include telling Americans what products they can and cannot purchase.

Benefits of a Gun-Friendly Credit Card Processor

You can sell firearms and accessories online and in-store with no issues if your firearms merchant account is with a gun-friendly credit card processor. With an anti-2nd Amendment payment processor, you are at risk of experiencing the following at any time, often without warning:

• Frozen Account: A credit card processor may freeze your merchant account without warning if they recognize the nature and purpose of your website.
• Inaccessible Funds: In the event that your payment processor freezes your account, you are unable to access it, your funds, or earned revenue. Normally, accounts remain frozen for six months.
• Loss of Income: You run the risk of losing new business and potential sales whenever you experience an issue with a payment processor. While you could have your customers pay cash in person, customers will be unable to use your website's credit card payment gateway, resulting in zero online sales.

An Online Merchant Account You Can Trust

You can apply for a merchant account that is suitable for selling guns, ammo, and accessories if you're prepared. Application and underwriting may take longer for this industry type than for others. You can ease the application process by gathering the required documentation. Typically, it is a signed file copy of your FFL/SOT in addition to the normal supporting documents.

One of the leading providers of gun-friendly merchant accounts is EPIC Merchant Systems. When other processors have turned away firearms-related businesses, we have the expertise and the structure to support them. We guarantee seamless, secure, and hassle-free payment gateways through our strong banking relationships and top-tier compliance. Your firearms account will not be closed. We will assign you a dedicated account manager who will provide one-to-one assistance before, during, and after you activate your account.

Although credit card processing may not be easy for gun dealers, EPIC Merchant Systems payment gateways are available for GunBroker, Gearfire, and other popular firearms-related websites. Once you receive approval for a gun merchant account, you can start selling your items and connecting with customers without losing the ability to generate and complete sales.

Why does EPIC Merchant Systems Specialize in Firearms Related Merchants?

Years ago, I set up this company largely because banks ostracized firearms-related businesses. Having served in The Marine Corps, I know firsthand how critical the Second Amendment is to our freedom. Not only do I enjoy firearms myself, but the people I have met and worked with within the firearms industry are second to none. These are just a few of the reasons why EPIC Merchant Systems will always be your trusted payments partner. 

If you want to learn more, call us at 888-350-0157 or email us at info@epicmerchantsystems.com.