FFL friendly credit card processing allows licensed gun stores and firearms sellers to accept payments from customers using credit cards. As you know the Federal Firearms License or FFL is a federal certification that has specific rules for gun store owners. These include the ways that companies manufacture, deal, and import weapons or ammunition. Moreover, you want to ensure that the way you accept payments is according to these guidelines.
FFL (Federal Firearms License) friendly credit card processing refers to payment processing solutions that cater specifically to gun shops and other businesses in the firearms industry. These solutions are designed to meet the specific needs of FFL holders, including age verification and compliance with federal regulations.
The ability to accept payments is just one part of the solution. Monitoring sales, tracking inventory information, and creating reports are all features that are included with your payment gateway. Some gun stores also upgrade their system to include a complete management tool that integrates with a firearms payment gateway. Combined, these can make your company more efficient and identify opportunities for increased profits and upselling.
The firearms industry is heavily regulated, and many payment processors are hesitant to work with gun shops due to the brand risk associated with guns in general. High risk payment processors provide solutions to gun store owners where other standard processors like Paypal, Square, and Stripe do not.
There are many different requirements for an FFL license, and rules that prohibit certain people from buying firearms. Check out our detailed blog about how to obtain an FFL license to learn all about the history of the certification and what you can do to get one.
How to Apply For Gun Friendly Credit Card Processing:
