Industries We Serve
We serve many businesses in the firearms industry:
- Gun shops and retail stores
- Firearm manufacturers
- Ammunition suppliers
- Shooting ranges
- Gunsmiths and repair services
- Online firearm and accessory retailers
- Concealed carry classes and firearms training providers
- Gun show and mobile vendors
No matter your business model we can help you accept payments smoothly and reliably.
Why Are Firearm Businesses Considered High Risk?
Firearm businesses are high risk to payment processors for several reasons. The regulatory environment around firearm sales is complex and constantly changing which makes it hard to comply. Firearm transactions are big ticket and niche which means higher chargeback rates. Fraud is another concern as these transactions are under a microscope due to the potential misuse. Payment processors also face legal and financial liability including reputational risk when dealing with the firearms industry. For these reasons firearm dealers need to partner with a processor that knows how to navigate these challenges.
Why Choose the Right Payment Processor
Working with a specialized payment processor like Payment Nerds has many benefits:
- Regulatory Knowledge: We stay on top of the laws and compliance requirements so you don’t have to.
- Uptime: Stable processing for all transactions, even high risk.
- Security: PCI compliant systems, tokenization and fraud prevention tools.
- Payment Options: Credit cards, ACH, mobile wallets and more.
- Integration: Connect our solutions to your POS systems, e-commerce platforms and business management tools.
- Support: Our team is here to help with issues, process optimization and questions.
Merchant Accounts
We have account types for your business:
- Retail Merchant Accounts: For in-store transactions with POS systems or standalone terminals.
- eCommerce Merchant Accounts: For online firearm and accessory sales with payment gateways.
- MOTO (Mail Order/Telephone Order) Accounts: For over-the-phone payments.
- Mobile Merchant Accounts: For gun shows, trade events and mobile sales.
How to Choose a Reputable Payment Processor
When choosing a payment processor for your firearm business consider the following key factors to ensure smooth operations. First look for a processor with industry knowledge and experience in handling the unique challenges of the firearms industry. Transparent pricing is key as hidden fees can eat into your profits. Make sure the processor is knowledgeable in the complex regulatory environment and understands federal, state and local laws. You’ll also want reliable, personalized customer support to address any issues quickly. Security is another big factor; the processor should have robust fraud prevention and security measures to protect your business and customers. Payment Nerds checks all the boxes, a gun friendly payment solution that is reliable and compliant with industry regulations.
What You’ll Need to Get Started
Getting set up with merchant services is easy. To speed up the process you’ll need:
- Photo ID: A government issued ID to verify the business owner.
- Signed Merchant Application: This is the standard form for setting up your account.
- Voided Check or Bank Letter: This helps us verify your banking info so payments go smoothly.
- Bank Statements: Three months of statements to show your financials.
- Processing History: If you’ve processed payments before previous statements can help us understand your business.
- Business Documentation: Stuff like your license or medical certifications to keep it legit.
Software Integrations
Payment Nerds’ solutions integrate with firearms specific tools and platforms:
- Rapid Gun Systems
- Gun StoreMaster
- AIMsi
- Epicor
- Gun Broker.com
These integrations will make your payment process work with your existing systems and make life easier and more efficient
Work with Payment Nerds for hassle-free solutions
Don’t let payment processing hold you back. At Payment Nerds we’re dedicated to providing secure, compliant and custom payment solutions for firearm dealers. Let us handle the rest so you can focus on what matters most – growing your business.
