Hunting & Outdoor Equipment Merchant Account
According to the 2016 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation, 101.6 million Americans participated in outdoor recreational activities in 2016. If you are the owner of your own hunting and outdoor equipment business, expanding online is essential to keep up with the competition. Selling hunting and outdoor equipment online may seem simple enough, but it can quickly become tricky or even impossible without a merchant account for outdoor equipment.
Unfortunately, the hunting and outdoor equipment industries are considered high risk to standard payment processors such as Paypal and Square. Due to the sheer volume of the hunting industry and the risks associated with selling firearms and weapons, obtaining a special merchant account is imperative.
Why Obtaining an Outdoor Equipment Payment Gateway is Risky
Credit card processing for hunting and outdoor equipment companies is still difficult to find today. While it is not illegal to sell outdoor equipment or hunting accessories, payment processors are skeptical about being connected with the sale of guns or other weapons. If an individual is linked to a crime that was committed due to a purchase they have made online, a payment processor's reputation may be at risk.
Additionally, chargeback rates are notoriously high in the hunting and outdoor equipment industries. Standard payment processors prefer to work with individuals in industries with chargeback rates lower than 3%.
How to Start an Online Hunting Dropshipping Business
Knowing how to start an online hunting dropshipping business is the first step to getting started with generating sales and revenue. A good place to start is by researching and comparing drop shipping providers that specialize in the outdoor and hunting markets. Once you have found a dropshipping company you can trust, proceed by building your website with a trusted and reliable web host along with your chosen domain name. After your website is designed and stocked with your inventory, it is time to begin driving traffic and sales for your business. Before you begin generating sales, having a hunting merchant account for your business is imperative to minimize risks.
Choosing a Standard or Hunting Merchant Services
While it may be tempting to apply for a hunting and gun friendly merchant account from well-known processors such as Paypal, Square, or Stripe, it is extremely risky for anyone in the hunting industry. Because the hunting and outdoor industries are considered high risk, you may have your account flagged, deleted, or banned entirely without warning.
In some cases, individuals may not encounter any issues when applying for a merchant account, even after disclosing the industry they are representing. However, this may not guarantee that your account is protected, especially as you continue to grow your business. It’s not uncommon for businesses to go several months before being detected by the processor. And when your merchant account is terminated or removed from the processor's system, it is no longer possible to generate sales.
Applying for a merchant account that is designed for high risk industries such as hunting and outdoor equipment is highly advisable. A high risk merchant account helps to protect you from the stop of sales and your ability to generate revenue while remaining in business.
A high risk credit card processor is also more willing to defend their clients and the users of their services compared to standard payment processors. There is a clear lack of support available for individuals working in high risk industries who are in need of assistance from standard payment processors. This is not the case for accounts geared specifically toward credit card processing for hunting or outdoor recreation.
Receiving Your Merchant Account for Outdoor Equipment
Obtaining a merchant account to sell hunting gear, firearms, outdoor equipment, etc. does not have to feel tedious or confusing. Taking the time to find a high risk payment processor is the first step to gaining peace of mind each time you make a sale on your website or with your retail swiper. When submitting your application for a high risk merchant account, you will be required to provide the following information:
- Personal Details: Personal information such as your full legal name, address, and your social security number (SSN).
- Financial Details: Your bank account and routing numbers will be requested. Your business bank account information may also be requested while processing your application.
- Established Presence: Proving that your business exists can also help expedite your merchant account approval. You may be asked to provide your company's official website and social media presence to help get the approval you need.
Working with a hunting credit card processor and obtaining the hunting merchant services you need is a way to run your business online without issue. With an outdoor equipment payment gateway, you now have the ability to sell everything from firearms and hunting accessories to outdoor survival gear and weapons with ease.
Securing the Right Hunting Merchant Services Company
At PaymentCloud we see a variety of businesses from all industry types, many of which have been dropped by their tier-one processor. Specializing in tech high risk accounts from tech support merchant accounts to credit card processing for hunting, we’ve seen it all. We provide the support your business will need to stay compliant with current bank procedures, secure a gateway, and mitigate risk with chargeback and other management tools. At the end of the day, we have the bandwidth and track record to get your hunting & outdoor business up and running.
Let us show you how easy it is to get started.
Contact us at 1-800-988-2215 or by filling out our simple online form