Host Merchant Services, an ISO/MSP of Wells Fargo Bank, recently partnered with FFL Boss. The alliance is big news for firearms dealers, as the companies combined can now provide dealers with a plethora of approval and purchasing options from the convenience of a single service.
FFL Boss is a software developed by TAD Software. The platform is specifically designed for firearms dealers to make the process of purchasing firearms more streamlined and convenient for both the consumer and the dealer. FFL Boss ensures dealers are meeting ATF (Bureau of Alcohol, Tobacco, and Firearms) compliance by ensuring automated records keeping, automation of form 4473, electronic signatures, and inventory tracking. FFL Boss can also help dealers with background checks, transfers, and verifications. The software runs on a cloud-based platform and is designed to be used on any device, be it a computer, tablet, or phone, making FFL Boss the perfect solution when dealing at gun shows or online.
Host Merchant Services [HMS] is a payment processing company that offers business tools, credit card machines, and point-of-sale (POS) processing. HMS offers low-cost payment processing with no hidden fees, and they also provide all of the tools to make payment processing convenient and mobile. Being second amendment friendly, HMS provides low-risk credit card processing to FFL and accessory merchants which is not common amongst payment processors. Additionally, HMS provides a month to month service with no termination fees and no obligation making their payment processing a great match for firearms businesses.
Host Merchant Services proudly supports firearms dealers, and partnering with FFL Boss has allowed Host Merchant Services to build a key partnership that gives merchants the ability to safely and securely sell firearms. The sale of firearms is often considered a high-risk transaction, which is why security measures need to be in place and consistent at all times. The partnership allows for this security, as FFL Boss is designed to ensure compliance and verification, while Host Merchant Services provides tools to ensure safe and secure, low-risk payment transactions.
With the partnership between Host Merchant Services and FFL Boss, this means a seamless and paperless process from the background check to the purchase to registration, all ATF-compliant with digital bound books, inventory tracking, and sales accounting. Access these services from any device, and use them anywhere, even on the go.
Both FFL Boss and Host Merchant Services are up-to-date on the latest technology and are always improving their services and remaining compliant with regulations and industry standards. All POS terminals and software provided through Host Merchant Services are compliant with EMV technology, and the partnership between FFL Boss and Host Merchant Services was put together with security in mind. For more information about FFL Boss Software please visit https://www.fflboss.com/. For information on low-risk payment processing for firearm businesses give HMS a call at (877) 517-4678 or visit our firearms merchant account information page here.