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As a federal firearms license holder, the process of opening a merchant account can come with some unique challenges. Having a merchant account is essential for any business, but being an FFL holder can come with additional complexities. Historically, financial institutions apply strict scrutiny during underwriting, which is the process designed to evaluate the risk
FFL merchant fees can be a killer to your profits, especially when your business is just starting out. These fees cut into your profits, making you earn less with each sale on top of the business expenses you already have to pay. What’s worse is that most of the time, merchants aren’t even given much
It can be hard to find good gun shop merchant providers when you first open your FFL business. The truth is that many banks deny gun dealerships or, when they do take on their merchant services, they charge outrageously high processing fees. But you do have options for your gun shop. In this blog, let’s