Firearms
Firearms merchant accounts are constantly under fire by larger banks and credit card processors. With more regulations than ever, gun retailers are looking for new and different methods to grow their profits in an ever-regulated market. Then finding out some of the larger banks are not even willing to fund them, they are always looking for strong options.
When it comes to high-risk industries, firearms are one of the most challenging verticals to be able to locate and keep reliable payment processing. That is why a strong merchant account with the correct payment service provider, like Aacadia, is a must for your business, be it retail or face-to-face or eCommerce.
At Aacadia Payments, we specialize in both Low and High-Risk credit card processing, and we have a deep understanding of the firearms industry – whether it be for small gun shops, backyard dealers or eCommerce Stores.
Banks and Lawmakers continue to tighten regulations for firearms merchant accounts/processing over the years while the demand from consumers also grows.
Many Americans own a firearm or live with someone who does. On top of this, the sales of ammo and firearms accessories are also heavily on the rise. Like retail clothing, firearms sales are rapidly increasing through online platforms. While it is 100% legal to buy a firearm online, the gun must be shipped to a licensed FFL dealer and picked up in-person, by the purchaser.
If you’re in the business of firearms and looking to grow your online business, Aacadia Payments and our experts are here to help. We understand the ins and outs of payments and firearms and can help you get quickly approved and keep your merchant account healthy while processing with Aacadia Payments.
Aacadia Payments Provides Payment Processing To the Following Firearm Related Verticals:
- Gun shops
- FFL Dealers
- Military Supply Stores
- Non-Firearms Weapons
- Shooting Ranges
- Ammunition Dealers
- Concealed/Carry Permit Classes
- Tactical Supply Online Stores
- Firearm Accessories
- Firearms Manufacturers
- Firearms Components
- Gun Clubs
Apply with Aacadia for a Stable Firearm/Gun Merchant Account
Since the firearms industry is high-risk and is always under the public eye, it is more challenging to get approved for your merchant account. However, with that said, the right high-risk payment processing provider will be able to get you approved.
Applying for your firearms merchant account with Aacadia is different because you will also need a Federal Firearms License(FFL) to be approved.
When applying for your merchant account for a Firearm/Gun Selling Merchant Account, you will need the following:
- FFL – Depending on the type of firearm you are selling
- EIN or Taxpayer ID
- Personal Financial history
- Business Financial history
- Articles of Incorporation
- Business License
- Business Address
- Six months prior processing statements – if you are accepting payments currently
- A compliant website (stipulating terms and conditions, including refund policy), if you are an Ecommerce business
Why Choose Aacadia Payments For Your Firearms Merchant Account
We believe that payment processing for firearms businesses should be set up with a bank and payment provider that understand your business. Banks that Aacadia Payments works with for Firearm Merchant Accounts understand the Federal Regulations and we help our businesses manage their merchant accounts.
At Aacadia Payments, we understand the firearms industry, and we also have a huge understanding of Card Brand regulations, as well as chargebacks/fraud related to the industry.
Aacadia Payments always prides ourselves in providing 100% transparency regarding fees and we continue to offer competitive rates and dependable service with knowledgeable support. At Aacadia Payments, we care about each of our customers’ businesses and understand the importance of reliable payment processing. Therefore, to keep pricing as low as possible, we waive application fees, annual fees, and set-up fees.
Get Started
Speak with a merchant account expert and get approved!
We’ll work hard for your business and want to make sure that you are completely satisfied with our merchant services. Your continued success as our customer is our top priority.
Send us a note using the form on this page or you can contact us by phone during business hours Pacific Time.