Modern Technology Innovations In The Gun Industry

May 15, 2017

According to a 2016 report from the Bureau of Alcohol Tobacco and Firearms, American manufacturers are producing more than 11M firearms on a yearly basis. These are mostly handguns.

The White House has requested research into “gun safety technology.” Silicon Valley investor Ron Conway and participants in Conway’s Smart Tech Challenges Foundation are also interested in the technology that would transform the gun industry.

Technology innovations in the firearm industry have helped create guns which are safer and more accurate. Most of them are collapsible, modular and lighter, which makes them so easy to operate and handle. Moreover, modern guns much more affordable and faster than ever before.

With this in mind, merchants should turn only to a reputable merchant account provider like emerchantbroker.com for a safe and secure firearm merchant account. EMB specializes in the high risk industry and knows your online firearm business best of all. EMB is voted the #1 high risk payment processor in the US and is rated A+ by the BBB.

What do today’s latest firearms advances offer?

Techno-Polymers

The professionals in the field are using new polymer composite tests to see how they can make guns lighter, more durable, more resistant to high temperature and capable of limiting recoil. Polymer materials are stronger, and the industry experts will sooner or later create a complete plastic but durable weapon. That’s why companies like Glock have brought their attention to polymer adapted pistols. Many police departments in the US have adopted their Polymer G pistols.

3D Printing

A Texas-based company, Solid Concepts, have attempted to create a simple firearm from scratch using a 3D printer. The company proved that a firearm can be created and put together with the help of 3D and that it’s much more durable and accurate.

Modular Designs

Personalization is present in the firearm industry as well. The trend has enabled the manufacturers to introduce modular weapons. Special Operations Forces combat assault rifle (SCAR) can be conveniently modified and used as a close quarter’s battle (COB) rifle.

Even pistols that were only able to fire bullets are now equipped with changeable optics, lasers, flashlights and magazines.

Thanks to firearm personalization, new weapons will be produced with a variety of attachments designed to help users create the firearm they want.

Modern technology will go on changing and innovating models people use today. This will result in lower prices on the old models and the production of firearms which are diverse and much more powerful and durable than the ones available in today’s market.

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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