Recent studies show nearly 10% of all new gun purchases occur in one of these qualified industry off-site events and venues. Successfully selling outside your traditional retail location, is a growing opportunity for FFLs. Having a presence at trade shows, 4473 qualifying charity events, pop-ups, and any other opportunity is a must for firearm retailers.
But because firearms businesses are prohibited from using many of the largest mobile payments platforms and many 2A-friendly credit card processors don’t offer easy-to-use mobile payments, many FFLs avoid accepting integrated credit and debit card payments outside of their retail setting. Consequently, they avoid gun shows and 4473-qualifying events altogether due to the hassle and security risks of accepting cash or use non-integrated providers that prohibit firearms businesses, hoping to avoid getting flagged and having their funds frozen.
In recent years, however, the rise of innovative firearms payment processors have made accepting credit cards outside the retail setting that integrate with their mobile point of sale system seamless and simple for FFLs. So, if you haven’t made accepting integrated payments outside your retail store location part of your firearms business’ growth plans, we’re going to lay out a few business reasons why you might want to jump aboard.
