Mike Knudtson

Mike Knudtson

Founder

Mike Knudtson founded Electronic Transfer, Inc. in 1989, creating a specialized payment processing solution for the firearms industry. He recognized a market need for reliable merchant services that traditional banks often denied to FFL dealers, including those handling Internet, Mail/Phone orders, or home-based operations.

Under his leadership, the company grew into the nation’s leading provider for the firearms vertical, while expanding high-risk expertise to other industries. His vision established the company’s commitment to freedom-focused, merchant-first service that continues today.

An avid outdoorsman, Mike enjoys hunting in the Pacific Northwest mountains and riding motorcycles on the scenic roads of Eastern Washington and Northern Idaho. His passion for adventure reflects the independent spirit that launched the company.

Mike’s legacy as founder endures: a trailblazer who championed merchants in challenging sectors and built a trusted, enduring business.