If you are also a merchant from Firearms and Ammunition industry, you might know the challenges to get a payment solution. Though the industry is contributing a significant part in the country’s economy, still it is declared as a high-risk industry by the acquiring bank. Most of the processor doesn’t want to touch this industry. Hence it is a challenge to find a reliable Credit Card Processing Account For Firearms And Gun Dealers.
Selling Firearms or Ammunition or even accessories are somewhat legal but require a proper licence. Many merchants face legal and financial liabilities issues. There are substantial chargeback issues and fraudulent transactions seen in this industry. This might be the reasons that most of the processor don’t want to make any contract with this industry type.