Setting up a merchant account for any firearms store is more complicated than for other types of businesses. Firearms are considered high-risk, which makes banks scrutinize an application very closely. Even fully legal stores can experience delays or rejections for this reason. Clear disclosure, proper documentation, and a processor for...
Compliant Payment Setup for Class 3 SOT Holders
With highly regulated NFA items, setting up a compliant payment system is important for every Class 3 SOT holder. Each sale requires strict recordkeeping, clear documentation, and a secure method of tracking payments. Proper payment setup also helps you adhere to ATF rules, keep sensitive information about your customers private,...