Do you own an online firearms company and need firearms merchant account services? Merchant Stronghold, a credit card processing company with thousands of satisfied customers in many sectors, is Merchant Stronghold. Our focus is on merchant account services for high-risk businesses that might otherwise not be eligible. Our mission is to ensure that every business has the access it needs to firearms merchant account services to help them grow its reputation and profitability. Because we have worked with high-risk merchants for nearly 30 years, we know what it takes to make a company successful. We are proud to be able to support many businesses and help them reach their goals.

We are one of the most trusted high-risk firearms merchant accounts providers in the country and offer essential credit card processing services for all types of businesses. Your company can grow by supporting international transactions. Credit card processing, checking, credit repair services, and chargeback protection can make the difference between a successful business and one that fails.

Online Firearms Merchants

Millions of shotguns and rifles, pistols. And revolvers are manufactured each year. This allows the ammunition and gun manufacturing industry to make billions of dollars. About a third of American adults own guns. An additional 11% life with others who own guns and the remaining 11% don’t. Two-thirds own multiple guns, and 29% have five or more.

It’s easy to see why online firearm sales are so profitable. Many traditional financial institutions are reluctant to work with them. Many banks consider online firearm merchants to be high-risk due to their high chargeback rates, industry history, and legal issues.

E-commerce businesses are dependent on credit card payments. These businesses need to apply for an online firearms merchant account because they are unable to get approval from banks. Merchant Stronghold specializes in high-risk firearms merchant accounts. We can help businesses of any size with online firearm sales, credit repair, and vape shops, as well as auto warranties.

What does it mean for your chances of getting an online firearms merchant account?

The Second Amendment to the US Constitution gives American citizens the right to keep and bear their arms. There are restrictions on who can possess or carry them, and how businesses can make them available.

Federally licensed firearms dealers must conduct background checks on all customers. Private sellers who the federal government does not license do not need to comply with this law. Each state has its own gun laws making it difficult to understand the legalities of ownership and possession. Some states, like Colorado and New York, require background checks via NICS (National Instant Criminal Background Check System). This is required for anyone. Who wants to buy a private firearm? Some states, like Arkansas and Montana, have no or very few regulations regarding private firearm sales, even online.

The Problem of Getting Chargebacks

Online businesses are more vulnerable to chargebacks than those that only operate online. This problem is not just limited to the gun industry. But also to all businesses. People often use stolen credit cards online to buy items and then resell them. Some people, like those who are under domestic violence protective orders or those with felony convictions, cannot sell firearms. These individuals may try to circumvent the restrictions by buying ammunition, guns, and accessories illegally.

Another reason why chargebacks in the firearm industry are higher is the fact that online gun merchants are still learning the ropes. Many startups fail to send detailed receipts and tracking information in order to confirm orders. Customers may be worried that they won’t get their goods. And will dispute the charge. Customers might also be concerned about missing their products and may dispute transactions. If they get weapons that are not perfect, customers may initiate a chargeback.

Guns can also be expensive and more likely to have chargebacks. When they receive their credit card statements, they decide that they cannot afford the charge and so they dispute it. Online firearm merchants also face the problem of friendly fraud. Friendly fraud is when a customer disputes an order simply because they have changed their mind. This is not due to a stolen credit card.

Businesses can be affected by excessive chargebacks. Regardless of whether the customer wins. This is something that many business owners don’t realize. Until they face the possibility of their merchant accounts being terminated. Many business owners who are newer to the industry will take the chargeback dispute to show that the customer has requested a refund. However, they may not realize that their chargeback ratios have increased. Their credit card processor may terminate their online firearms merchant account due to this increase. It becomes harder to get another account after one is closed.

Helpful Blogs

• Online Payment Risk and How to Manage It?
• Friendly Fraud in High Risk Credit Card Processing
• Start Your Online Business: Tobacco and Cigar Club

What can you do about excessive chargebacks?

It is important to ensure that your chargeback rates are low if you have a firearms company that only
deals with online transactions. Secure channels are also important for preventing both friendly and real fraud.

It is a good idea to keep detailed records of each transaction. Which can be easily accessed and archived. In case of a dispute, you should keep detailed records of every transaction.

A quick and complete refund to customers who are unhappy is another way to avoid excessive chargebacks. Although refunds may impact your profit margins, they will not shut down your business the same way as chargebacks. Customers should be able to identify the item on their credit card statements. If they don’t, they could initiate a chargeback.

Register to Open An Online Firearms Merchant account

You may have been turned down by a bank or merchant service company if you are the owner or operator of an Internet-based gun shop.

Worse, your merchant account may be closed for your online firearms business without prior notice.

Three reasons are the main reason why many banks and merchant service providers won’t accept your business:

1. The federal government regulates firearm sales. Credit card processors must perform additional underwriting.
2. Online shopping presents additional challenges for banks and processors in terms of underwriting because firearms can be sold via the Internet.
3. Many banks and merchant service companies are “anti” firearms and 2nd Amendment issues. They refuse to work with gun shops that are e-commerce-based. Even though they may be highly desirable clients.

Merchant Stronghold was, however, founded solely to serve firearms industry businesses. We offer competitive pricing, easy integration, and friendly, USA-based support.