As you might know, FFL owners have gained the right to buy and sell firearms legally. However, there is a special category of guns that requires paying an additional fee, in order to be able to deal with. Introducing, the SOT license. Short for Special Occupational Taxpayer, obtaining this license allows firearms dealers to participate […]
Electronic Transfer Team
Why Choose Alternative Automated Clearing House Processing?
Have you ever wondered how the process of online payment happens? Whether it is to send or receive funds or make payments towards financial or governmental institutions, there must be some kind of established mechanism, right? Well, there is, and it’s called Automated Clearing House (ACH). Stay tuned as we unravel how it works, along […]
PawnSnap: Why Do You Need Pawn Shop Software?
Pawn shops play an important role in many communities by providing small loans in exchange for items of value. The process is known as pawning. Furthermore, pawn stores can be a great place to buy new or used products. However, having so many people coming in and out of these shops on a daily basis, while […]
Simple Gun Friendly Transactions for High Risk Merchant Accounts
Some businesses, like gun shops, are seen as risky in the business world. If you’re the owner of such a “high risk business”, you will likely understand the unique challenges involved in managing transactions. This article will help you smoothly manage transactions and follow the law by picking the best gun friendly merchant account provider. […]
The Essential Guide to Credit Card Processing for High-Risk Businesses
When it comes to dealing with credit card payments, some merchants are considered “high risk”. This label means that legal business owners are given fewer choices for payment processing. The solution to this is to find a reputable credit card processing provider capable of handling high-risk merchants. In this article, we’ll discuss the essential aspects […]
FFL Merchant Services Providers Solutions
In the business world, FFL gun vendors are considered high-risk businesses. This leads to financial institutions placing many obstacles, making it challenging for them to operate like regular businesses. The solution is to set up a special high-risk merchant account tailored for gun businesses with FFL merchant services providers such as e Electronic Transfer. These […]
Who Is the Leading Credit Card Processing Provider?
Today, shopping is easier than ever before. You just need to swipe your debit card and voilà, the purchase is made, and you are good to go. However, there is a lot more happening behind the scenes. Credit card processors, for example, play a vital role in the transaction process, making life much simpler for […]
How to Avoid Chargebacks [101 Business Guide]
Chargebacks are an inevitable part of business, yet they can be expensive for merchants. While it is not possible to completely eliminate all disputes over payments, you should always reduce the probability of chargebacks happening. Keep in mind that a 1% chargeback rate is typically the accepted maximum, although that can vary by industry. This […]
2A Friendly Credit Card Processors [What You Need to Know]
The American firearms industry has prospered in recent years, with over 13 million firearms manufactured in the U.S. in 2022 alone. Furthermore, the gun manufacturing market is expected to keep growing. Despite these encouraging estimations, though, new vendors that try to enter the market find out soon enough that they need 2A friendly credit card […]
A Background Check for Gun Purchases: How Does It Work?
Buying a firearm is not like buying a cheesecake – you can’t just waltz into the shop, buy one and leave. After all, a lot of bad things can happen when a gun falls into the wrong hands. This is where we need to talk about background checks before purchasing a firearm. – how long […]