Wait: 0 minutes
Online: 16 agents
phone-number 800-988-2215
PaymentCloudInc Logo
Credit Cards
Online
Virtual TerminalsPayment GatewaysShopping Carts
Retail Mobile Moto Ach Echeck Cryptocurrency Integrations
Industries
AdultBail BondsCbdContinuity SubscriptionDigital DownloadsDocument PreparationDrop ShippingeCommerceGuns And FirearmsNutraceuticals And SupplementsSaas CompaniesTech SupportFull List Of Industries
Iso & AgentPartner Directory
Apply
PaymentCloud Logo
    • Credit Cards
    • Online
      • Virtual Terminals
      • Payment Gateways
      • Shopping Carts
    • Retail
    • Mobile
    • Moto
    • Ach
    • Echeck
    • Cryptocurrency
    • Integrations
  • Industries
    • Adult
    • Bail Bonds
    • Cbd
    • Continuity Subscription
    • Digital Downloads
    • Document Preparation
    • Dropshipping
    • Ecommerce
    • Guns And Firearms
    • Saas Companies
    • Tech Support

    Full List Of Industries

    • Iso & Agent
    • Partner Directory
  • Apply
phone-number 800-988-2215
Wait: 0 minutes
Online: 16 agents

Pawn Shop Merchant Account

Running a pawn shop? Trust PaymentCloud for secure, adaptable

merchant account services designed for high-risk businesses like pawn shops. PaymentCloud offers:

  • Rapid Transaction Processing
  • Enhanced Transaction Security
  • Expert Account Management
  • Immediate Fund Availability
  • Varied Payment Methods
  • User-Friendly Payment Systems
APPLY NOW
+1

By submitting this form, you consent to our terms.

nortonVerify Your information will not be distributed.
Trustpilot
Featured On
brands
brands
brands
brands
brands
brands
Featured
brands
brands
brands
brands
brands
brands

How to Get a Pawn Shop Merchant Account

Pawn shops provide a quick and accessible source for short-term loans without requiring a credit check, offering financial flexibility for individuals facing temporary cash shortages.

Additionally, they provide a marketplace for buying and selling used items, providing affordable options for consumers.

However, pawn shops are often targeted by customers attempting to sell stolen goods, resulting in the high-risk categorization from many payment service providers.

At PaymentCloud, we have experience helping high-risk businesses like pawn stores access payment processing. We package our merchant accounts with a range of solutions — including in-person, online, and over-the-phone payment tools — to ensure our clients have access to industry-leading payment options. If you're ready to take advantage of payment stability and affordability offered by our pawn shop merchant account, contact us today!

pawn shop merchant account

Pawn shops provide a quick and accessible source for short-term loans without requiring a credit check, offering financial flexibility for individuals facing temporary cash shortages.

Additionally, they provide a marketplace for buying and selling used items, providing affordable options for consumers.

However, pawn shops are often targeted by customers attempting to sell stolen goods, resulting in the high-risk categorization from many payment service providers.

At PaymentCloud, we have experience helping high-risk businesses like pawn stores access payment processing. We package our merchant accounts with a range of solutions — including in-person, online, and over-the-phone payment tools — to ensure our clients have access to industry-leading payment options. If you're ready to take advantage of payment stability and affordability offered by our pawn shop merchant account, contact us today!

Jump to a Section

  • Why Are Pawn Shop Merchants Considered High-Risk?
  • Pawn Shop Merchant Account Types
  • What Are the Requirements for Pawn Shop Credit Card Processing?
  • Why Choose PaymentCloud?
  • Integrations for Pawn Shops

Why Are Pawn Shop Merchants Considered High-Risk?

Pawn shops are considered high-risk by merchant account providers due to the nature of their business, involving secured loans with collateral and second-hand goods. The potential for disputes, default on loans, and fluctuating collateral values poses greater financial uncertainty. Additionally, the stigma associated with pawn shops and the risk of handling stolen goods heightens the industry's perceived risk, leading to increased scrutiny and cautiousness from payment processors. Pawn stores are particularly prone to chargebacks, which may result in financial losses for merchant account providers.

This high-risk categorization makes it challenging to access merchant services from traditional merchant account providers. Card networks punish businesses and payment processors with excessive chargeback rates, so many payment processors avoid high-risk industries altogether. Fortunately, at PaymentCloud, we have experience helping the pawn sector access industry-leading payment tools. Our account managers can help you access pawn-specific payment features to increase transaction convenience without exposing your business to extra risks.

Pawn Shop Merchant Account Types

At PaymentCloud, we understand the modern pawn shop industry is evolving. We offer a range of pawn payment solutions to ensure all types of pawn businesses have access to the payments they need. Let's explore our merchant account types below:

Online

Many pawn stores are now moving to online sales to increase demand for in-store products. If you want to sell products online, our payment gateways provide secure access to credit card processing. At PaymentCloud, our online payment systems include fraud and chargeback protection tools to reduce your pawn shop's exposure to online criminals. We make it simple and secure to accept payments from customers around the world, ensuring pawn businesses aren't restricted to selling products in their local area!

Retail

If retail sales are a large part of your pawn store's revenue, our in-person payment solutions offer convenience to both staff and customers. It's essential to make the in-person shopping experience as convenient and enjoyable as possible. Our card readers and POS systems ensure pawn stores have access to their customers' preferred payment methods. With more than 50% of Americans now using some form of contactless payment and more than 87% of USA in-person transactions utilizing EMV chips, it's more critical than ever to offer modern payment solutions to your clients. We work closely with clients to develop in-person payment systems with pawn-specific features!

Over the Phone

If your pawn shop needs to accept payments over the phone or via email, our pawn shop virtual terminals can help. With a virtual terminal, your staff can input a customer's card details into a user-friendly online portal. This makes it possible to accept card payments without a physical card, increasing convenience for customers who can't visit your pawn shop in person.

What Are the Requirements for Pawn Shop Credit Card Processing?

To open a collectibles merchant account, you’ll need to provide some information. These include:

icon of hand holding photo ID for getting a cbd merchant account

Proof of Identity: government-issued photo ID, etc.

icon of bank building used to process cbd payments

Three-to-six months of bank processing statements

icon of private information being verified for securing cbd processing

A signed merchant application

icon of example cbd processing statement

Corporate documents

icon of check for applying for cbd credit card processing

A voided check or bank letter

icon of address verification

Address verification, such as utility bill

icon of certificate of analysis for cbd products

Sales tax certificates

icon of financial

Other potential financial documents

icon of checklist representing cbd suppliers

A list of suppliers

Along with the above documents, you should also be ready with a collectible business website that is secured with an SSL certificate, uses HTTPS, and includes the following:

  • Your company's legal name and logo
  • Contact details (phone number or email)
  • Privacy Policy page
  • Terms & Conditions page
  • Footer with the company name
  • Return and Refund Policy page

Why Choose PaymentCloud?

PaymentCloud dedicates its resources to providing high-risk businesses with affordable and reliable payment solutions. We have years of experience helping pawn shop owners access dependable payment infrastructure. All our merchants receive dedicated account managers for support at every stage of the merchant account set-up process. Check out the full list of benefits of partnering with PaymentCloud:

  • Access to a merchant account
  • Dedicated account manager
  • 24/7 customer support
  • Features specific to the pawn industry
  • Affordable processing rates
  • Industry-leading hardware and software
  • Integration with third-party apps

Integrations for Pawn Shops

Integrating your payment solutions with third-party software increases productivity and access to external tools. At PaymentCloud, our payment products integrate seamlessly with a range of software providers, ensuring our merchants can streamline the interactions between their various internal systems. Whether you want to integrate your pawn store merchant account with a customer relationship manager (CRM), accounting software, or any other third-party platform, we can help.

Best of all, at PaymentCloud, a dedicated account manager is always ready to assist with your integrations. Your account manager understands your unique needs as a pawn shop owner — they're always by your side to ensure you gain the most from your new payment systems!

Ready to Get Started?

Get a merchant account and start processing card payments instantly!

What Our Merchants Think

Trustpilot

With a proud average of 4.8 stars across all review sites, PaymentCloud excels in solutions and support. But don’t take our word for it! Here’s what our merchants have to say:

Erik R.

I've been with PaymentCloud for over 3 years. Nothing but good things to say!

Trustpilot rating-start rating-start rating-start rating-start rating-start

Iris H.

A great service provider with the best customer support.

Trustpilot rating-start rating-start rating-start rating-start rating-start

Meryl A.

… The people at every level of PaymentCloud are committed to customer service.

Trustpilot rating-start rating-start rating-start rating-start rating-start

brands
brands
AboutReviewsCareersPressBlogFAQ
AboutReviews
CareersPressBlogFAQ
ContactSitemapPrivacyTerms
pc logo

© 2025 PaymentCloud LLC. All Rights Reserved.

PaymentCloud® is a registered trademark of PaymentCloud, LLC.

PCI Security Standards Council Logo PCI Security Standards Council Logo Electronic Transaction Association Logo Western States Acquirers Association Logo
facebook Logo instagram Logo twitter Logo linkedin Logo

We use cookies to ensure that we give you the best experience on our website. 

If you continue to use this site we will assume that you are happy with it.

Privacy Policy
Get Started
+1

By submitting this form, you consent to our terms.

nortonVerify Your contact information will not be distributed.