Ammunition Merchant Account – Get Yours Today

Reading Time: 4 minutes

Last Updated on July 7, 2023 by Corepay

With the ammunition industry firing upwards, all serious ammo shops need reliable payment processing. That’s where Corepay comes in. We believe we can offer ammo merchants the best ammunition merchant accounts tailored to their specific needs.

According to Grandviewresearch, The global ammunition market size was valued at USD 22.35 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.2% from 2022 to 2030.

The ammunition market also accounts for 40% of the firearms/ammo market. At Corepay, we not only service the ammo industry, but we also provide reliable gun club merchant accounts.

Ammunition Service Merchant Services

We get it; finding payment processing for ammo shops is no easy task. So that’s where we come in. At Corepay, we specialize in high-risk merchant accounts for businesses that most payment processors and banks won’t take on.

Since ammunition businesses are deemed high-risk, you will not be able to go with traditional options such as Paypal, Square, or Stripe.

Since you’re reading this article, hopefully, your merchant account hasn’t been terminated, but if it has, we are here to help and get you back up and processing payments.

Applying For Ammo Merchant Account

Applying for your merchant account for this industry is slightly different than other industries as you will need to supply us with more information.

You will need the following:

  • Must be located in the United States and a US citizen with a social security number.
  • Voided business check
  • 3-6 months previous bank statements
  • 3 months of prior credit card processing statements
  • Must have an FFL
  • Company EIN document
  • Proof of operating statements
  • Articles of incorporation

Please share this with us if you have been operating for several years and have experience running a business.

What Types Of Ammo Shops Does Corepay Accept?

Note: All merchants must abide by all applicable Federal, State, and Local laws and regulations.

Corepay accepts all legal ammunition companies. Below is a detailed list of some we are familiar with:

  • retail
  • eCommerce
  • mobile based
  • ammo supplies
  • small ticket
  • high-ticket
  • wholesale ammo
  • arrows

Gateway Agnostic Ammo Payment Processing

At Corepay, we pride ourselves on our gateway agnostic approach. This means that we can supply you with our own gateway or allow you to use one that you are already using.

Some gateways that we are familiar with are below:

Why Do Ammunition Shops Choose Corepay?

Those in the ammunition/firearms industry choose Corepay for a few different reasons:

  • Waived fees (application, set up, annual)
  • Risk mitigation with Rapid Dispute Resolution (RDR) by Verifi, 3-D Secure 2.1/ our partner product CB-ALERT
  • Traditional chargeback alerts by Ethoca and Verifi
  • Rates as low as a blended 2.95%
  • Maximize approval ratios due to routing technology based on your target customer base within our proprietary payment gateway
  • Extremely competitive rates

What Makes Ammo Shops High-Risk

You probably aren’t surprised that your business is deemed high-risk. There are several reasons that most major banks won’t touch this industry. For starters, reputational risk plays a huge part.

Let’s take a look at the main reasons ammo shops are high-risk:

  • Reputational risk/political issue
  • Regulated by the federal government
  • Chargebacks

Reputational Risk

It should be pretty straightforward here. Anything related to firearms or the second amendment is a prominent political issue. This makes banks not want to risk their name on the line.

If it were to get out that a major bank was behind processing for ammo shops, it could get ugly, and banks could risk losing business.


The federal government regulates ammo sales. This means even stricter underwriting will be performed by processors/banks. Remember that even if you’re not selling firearms, you can still get lumped into the same MCC, depending on what you carry.

You will need to follow all state and federal laws regarding selling ammo. We can serve you as long as you are operating a legal business.


Chargebacks haunt many merchants in high-risk industries. Once you hit a certain number of chargebacks, most processors/banks will terminate your merchant account.

Chargebacks are a problem in the ammo industry since there are online transactions. While there isn’t a complete way around chargebacks, we offer an antichargeback suite through our partner product, CB-ALERT, to help mitigate these annoyances. 

Did Paypal Or Another Low-Risk Processing Option Shut Down Your Account?

If your account was terminated, you’ve come to the right place. While there isn’t anything you can do to speed up the process of accessing your funds through those platforms, you will need to find a new partner ASAP.

Paypal does not work with any businesses that are considered high-risk, and they are able to terminate accounts at the drop of a hat should they deem them high-risk.

Underwriting Ammo Shops

The underwriting process will be more in-depth than in other industries, as banks and processors need to check off a few boxes before boarding you as a merchant. 

As we begin to underwrite your account, there will be several discussions back and forth. The more information you can get to us swiftly, the faster we can move forward.

Wrapping Up

Whether you specialize in ammunition sales from a brick and mortar or primarily operate via online transactions, we are confident we can help grow your business to the next level.

Please fill out the application below to find out what we can do for your business.


We appreciate you following Corepay’s blog. Let’s collaborate, send us your article suggestions, questions, and/or feedback to: [email protected].