In the past, many Online Gun Dealer Credit Card Processing companies have rejected legal ammo and gun dealers and firearms manufacturers have consistently refused to process credit card transactions. Some credit card processing companies have even shut off firearm seller’s merchant accounts. Sometimes, the only way they will approve a gun or firearms dealer for credit card processing is if it is for face to face firearms sales. Gun and Ammo Dealers have several Credit Card Processing options to choose from, each providing different options and fee structures for legal firearms and ammo sellers. For Gun Dealers choosing a company to process customer’s credit card payments can be a daunting task if you make the wrong selection!SPOKANE, Wash – July 13, 2015 – Gunmerchantaccount.com, a leader in both retail and online firearms payments, is Now Offering Gun Dealer Friendly Credit Card Processing with Lower Rates!
Gun Merchant Account and Firearms Credit Card Processing offers free rate reviews and advice to customers on the best possible gun payment system that serve gun and ammo dealers best. All that it would require from its client is a current Federal Firearms License (FFL) and business license and a business located in the United States. A FFL gun dealer license is required for those selling firearms. Gun Merchant Account also offers the lowest fee rates as compared to other merchant accounts and offers its services not only on the internet but also to retail gun dealers.
Federal law requires a Federal firearms license if you are engaged in the business as a firearms dealer, manufacturer or importer. A person is engaged in those businesses, as it applies to each license type, as follows:
1. Manufacturer of firearms
A person who devotes time, attention, and labor to manufacturing firearms as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the firearms manufactured
2. Manufacturer of ammunition
A person who devotes time, attention, and labor to manufacturing ammunition as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the ammunition manufactured
3. Dealer in firearms
A person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms, but such term shall not include a person who makes occasional sales, exchanges, or purchases of firearms for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms
4. Dealer in firearms (gunsmith)
A person who devotes time, attention, and labor to engaging in such activity as a regular course of trade or business with the principal objective of livelihood and profit, but such term shall not include a person who makes occasional repairs of firearms, or who occasionally fits special barrels, stocks, or trigger mechanisms to firearms
5. Dealer in firearms (pawnbroker)
A person whose business or occupation includes the taking or receiving, by way of pledge or pawn, of any firearm as security for the payment or repayment of money
6. Importer of firearms
A person who devotes time, attention, and labor to importing firearms as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the firearms imported (18 U.S.C. §921(a)(21)(E))
7. Importer of ammunition
A person who devotes time, attention, and labor to importing ammunition as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the ammunition imported
Potential for increased sales and larger transactions
According to one of the largest credit card companies the average spend per purchase is consistently more than cash. While the average cash transaction is $17, credit card purchases average $66 and debit card purchases average $42. This can make a real difference to a merchant’s bottom line.
In another survey conducted by WePay, which offers an online payment mechanism to accept credit cards (not dramatically different from Paypal), it found that 58 percent of small businesses are regularly asked by their customers to accept credit cards.
About:
GunMerchantAccount.com specializes in Internet Merchant Accounts, Internet Credit Card Processing, and ACH/Check payment processing services for legal firearms dealers.
They also offer a full range of payment systems including Card-Swipe Terminals, Receipt Printers, Wireless Credit Card Terminals, Cell Phone Payment Systems and POS Systems.
Media Contact
Company Name: Gun Payment System
Email: Send Email
Phone: 800-459-0625
Address:3107 E. Mission
City: Spokane
State: WA
Country: United States
Website: http://www.gunpaymentsystem.com
Source: www.abnewswire.com
