Gun Sellers Are Getting Blacklisted
The increasing popularity of mobile and online credit card processing solutions has led many firearms dealers to seek out these services for use at gun shows and in their online gun sales. Unfortunately for these merchants, nearly all of the leading mobile and online merchant account providers—including Square, PayPal, Intuit GoPayment, and First Data—are now refusing to process online and mobile firearms transactions. This has resulted in numerous complaints among firearms dealers who have found sudden holds placed on large payments that were processed through entirely legal means.
Payment Processors that Support the 2nd Amendment
In response to requests for a list of gun-friendly credit card processors, we have created this breakdown of the top merchant account providers that allow gun dealers and gun shop owners to accept credit card payments for gun and ammunition sales. These providers can only process online firearms transactions between Federal Firearm License (FFL) gun vendors; in other words, they cannot enable merchants to sell guns directly to consumers over the internet. However, most of them can supply in-store credit card processing for direct consumer sales. It's best to contact several providers to confirm what each company can and cannot support and to compare service offerings.
How to Select the Best Firearms Credit Card Processor
When selecting a credit card processor for a firearms business in the USA, there are several factors to consider. Here we have outlined some of the key considerations.
Look for a credit card processor that has experience working with firearms businesses. They should be familiar with the unique challenges and regulations of the industry, such as age restrictions and background checks for customers.
Compliance is critical for firearms businesses. The credit card processor should be able to ensure that all transactions are in compliance with federal and state regulations, including the Brady Handgun Violence Prevention Act, the National Instant Criminal Background Check System (NICS), and the Gun Control Act of 1968.
The credit card processor should be able to accept all major credit and debit cards, as well as alternative payment methods such as Apple Pay, Google Pay, and PayPal. This will give customers more flexibility when it comes to paying for their purchases.
Firearms businesses are at a higher risk of chargebacks due to the high value of their products. Look for a credit card processor that offers chargeback protection and has a dispute resolution process in place.
Firearms businesses deal with sensitive information, and it's essential to work with a credit card processor that prioritizes security. They should offer encryption, tokenization, and other security features to protect customer data.
Finally, consider the cost of the credit card processor's services. Look for a processor that offers transparent pricing with no hidden fees, and compare their rates with other processors to ensure you're getting a competitive deal.
Overall, selecting the right credit card processor is critical for any firearms business in the USA. By considering these factors and doing your research, you can find a processor that meets your specific needs and helps you grow your business.
Top Picks for Merchant Services for Firearms Dealers
What is eMerchantBroker?
eMerchantBroker.com is a Los Angeles, California-based company that offers high risk e-commerce processing solutions including firearm merchant accounts. The company's products include ACH processing, an online payment gateway, merchant cash advance, and a chargeback management system to help merchants dispute and resolve chargeback claims. eMerchantBroker.com places an emphasis on providing credit card processing for gun sellers.
eMerchantBroker.com offers custom pricing for each merchant and maintains a low complaint rate relative to its size and merchant portfolio. Our review of eMerchantBroker gives the company an “A” rating overall and the BBB assigns the company a rating of “A+.”
What is PaymentCloud?
Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. The company's products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible terminals, and merchant cash advances. PaymentCloud is a good option for online firearm sales.
PaymentCloud provides a dedicated account rep to all new merchants for the life of the account. The company has not received any negative complaints on consumer forums, and it customizes its pricing according to each merchant's business type and processing history. The BBB does not maintain a profile for PaymentCloud at this time, but CPO gives the company an “A.”
What is Host Merchant Services?
Host Merchant Services is a Newark, Delaware-based merchant account provider that is capable of placing firearms vendors based in the U.S. The company's products and services include point-of-sale solutions, online marketing tools, an online payment gateway and virtual terminal, mobile credit card processing, gift and loyalty programs, merchant cash advance, and offshore merchant accounts. Host Merchant Services specializes in e-commerce businesses and provides a free website and email address to interested merchants.
Host Merchant Services Reviews
Host Merchant Services has received only positive feedback on public forums, with most reviewers singling out the company's customer service for praise. Host offers interchange-plus pricing with no early termination fees to all of its merchants, meaning that users will enjoy the most transparent pricing model and can cancel service without penalty. The BBB gives Host an “A+” rating, and CPO also gives the company an “A+.”
The options below are presented for a broader view of the industry and may not meet the same criteria for our choices above.
What is National Processing?
National Processing provides both traditional credit card processing and offshore payment processing for online gun dealers. The company, which was founded in 2007 and is based in Lindon, Utah, provides credit and debit payments, payment gateways, e-commerce solutions, and eCheck processing services to card-present and card-not-present merchants. National Processing can provide credit card processing solutions for physical locations and can also process online payments between FFL-licensed dealers.
National Processing Reviews
National Processing consistently receives positive reviews regarding its sales and support staff and is currently showing zero recent complaints on the usual consumer protection websites. Our review of National Processing awards the company an “A+” rating at this time and the BBB is currently granting National Processing an “A+” grade.
Frequently Asked Questions: Firearms Dealers Credit Card Processing
Merchant accounts for firearms dealers are financial services that cater to businesses engaged in the sale of firearms, ammunition, and related accessories. These accounts enable firearms dealers to accept credit card and electronic payments from their customers, providing a secure and convenient payment processing solution.
Firearms dealers face unique challenges due to the nature of their products, including legal and regulatory considerations related to the sale of firearms. Specific merchant account providers for firearms dealers understand these complexities and offer solutions tailored to meet the specific needs of the firearms industry.
To find the best merchant account provider for your firearms dealership, consider the following steps:
a. **Research Firearms Industry-Focused Processors:** Look for payment processors that specialize in serving the firearms industry. These providers will understand the specific needs and challenges faced by firearms dealers and can offer suitable solutions.
b. **Verify Compliance Measures:** Choose a provider that is well-versed in the legal and regulatory landscape of firearms sales to ensure that your business stays compliant with all applicable laws and age restrictions.
c. **Check for Secure Age Verification:** Ensure that the merchant account provider offers robust age verification tools to comply with legal requirements and prevent sales to minors.
d. **Compare Transaction Fees and Rates:** Assess the processing fees, transaction rates, and any other costs associated with each potential merchant account provider. Choose a provider with transparent and competitive pricing that aligns with your firearms dealership's size and transaction volume.
e. **Look for Dispute Resolution Support:** Given the nature of firearms sales, select a provider with a reliable dispute resolution system to handle chargebacks and customer disputes.
While some regular merchant account providers may accept firearms dealers, many mainstream processors classify firearms sales as high-risk due to legal and compliance concerns. As a result, specialized merchant account providers for firearms dealers are often more suitable, as they are designed to handle the unique needs and risks associated with the firearms industry.
Yes, firearms dealers must adhere to strict legal requirements, including age verification, background checks, and compliance with regional laws regarding firearm sales. Choose a merchant account provider that has experience in the firearms industry and understands the legal landscape to ensure proper compliance.
The time it takes to set up a merchant account for a firearms dealership can vary depending on the provider and the nature of your business. The process may involve additional due diligence due to the high-risk nature of the industry. Typically, the setup can take a few days to a few weeks.
Yes, specialized merchant account providers for firearms dealers typically offer solutions for both online payment processing, such as for e-commerce websites, and in-person payment acceptance, such as for brick-and-mortar firearm retail stores or gun shows.
Yes, merchant accounts for firearms dealers usually support both one-time transactions for individual firearm sales and recurring billing for subscription-based services or membership plans.
Carefully review the contract terms and fees of potential merchant account providers to identify any hidden costs. Watch out for setup fees, monthly minimums, and any other charges that might impact your overall costs.
Yes, firearms dealers can switch merchant account providers if they are not satisfied with the service or find a better fit for their specific needs. However, be mindful of any contractual obligations and potential termination fees that might apply.
Finding the best merchant account for your firearms dealership is crucial for ensuring smooth and secure payment processing while adhering to legal and compliance requirements. Take the time to research and compare different options to choose a provider that understands the unique needs and challenges of the firearms industry.