According to online firearms retailers, the government’s increasingly stringent regulations on their sales are harming their business. The FDIC has instructed banks to toughen risk management on merchant customers who use payment processors, like PayPal and merchant account processors by placing these merchants into a “high risk” category. Other “high-risk” merchants include adult entertainment and e-cig e-stores. These regulations can hurt your business; however, with the right merchant service provider, you can find that these regulations are not so stifling after all.
The Department of Justice (DOJ) implemented Operation Choke Point, which keeps account of fraud taking place from credit card schemes and thefts. Operation Choke Point is supposed to only target those using credit card schemes, illegal online gambling, illegal escort services, and Ponzi schemes, however, many reputable vendors have fallen victim to the new regulations. While the innocent at times have to suffer to stop those who are breaking the law, the innocent often prevails, and in this case, it can be as simple as finding the right online firearm merchant account processor. One of the best is eMerchantBroker.com.
eMerchantBroker.com is experienced not only with “high risk” accounts, but specifically firearm accounts. They know the pressure that you are under as a firearms merchant account holder, and they are up-to-date on all laws and regulations in order to make your business run smoothly. Another plus to working with eMerchantBroker.com is that your application is free and quick, and can be processed in as little as 48 hours. This is a time frame that is unheard of when it comes to having a “high risk” merchant account. eMerchantBroker.com also offers reasonable fees to “high risk” merchants, which again, is virtually unheard of. Also, “high-risk” vendors will receive the most up-to-date payment terminals and software to keep your business running smoothly.
Established firearm retailers often seek to take their business online to take advantage of the unique opportunities available on the internet. If you are a gun dealer, you may find your merchant account provider for your retail location will open a merchant account for your new online business. This more often than not simply is not true. Online firearm sales are considered high risk and are a difficult sector to find payment processing. That is where eMerchantBroker comes in. By choosing eMerchantBroker.com as your firearm merchant account processor, you will have chosen the best, most well-informed merchant account provider in the country.
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