Record Sales for Smith & Wesson

Barraged with a surge in demand for its firearms, Smith & Wesson is vowing to continue to ramp up manufacturing.

Smith & Wesson (SWHC) reported that its gun sales jumped by 42% for the 2013 fiscal year, which ended on April 30 with record sales of $587.5 million. The company reported net income of $78.7 million more than quadrupling it’s prior-year results.

Going forward, the gun maker expects to keep breaking sales records.

Related: $27,500 rifle hits targets at 1,000 yards

Sales have surged for guns and ammunition ever since the presidential campaign of 2012. They were fueled even further by anxiety over the potential for strict new gun rules following the school massacre in Newtown, Conn., in December.

Gun shops have sold out, orders have backed up and factories have struggled to produce enough guns and ammo.

“Although the company continued to increase its production capacity, it was unable to meet the ongoing demand across most of its firearm product lines, resulting in additional growth in the company’s order backlog,” said Smith & Wesson, in its earnings statement.

Smith & Wesson’s CEO said that increasing manufacturing capacity allowed the company to make “serious traction” in gaining market share. Smith & Wesson’s top U.S. competitors include Sturm, Ruger (RGR), Colt Firearms and the Freedom Group, which owns Remington and Bushmaster.

A payment gateway is a CLOUD based credit card processing service that authorizes payments online, online retailers, bricks and clicks, or traditional brick and mortar.[1] It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateways protect credit card details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.


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Credit Card Processing:

Restricted Transactions Manager

The Fast Charge Payment Gateway allows account admins to restrict transactions for each user.

Use the form below to select restricted transaction types for this account. The restricted transaction types will require a Override PIN to override the restriction during processing.

payment gateway restrict users

 

payment gateway override pin

 

 

 

With the Restricted Transactions Manager the following actions can be performed:

AVS Post-Auth
AVS Pre-Auth
AVS Sale
CC Auth Reversal
Credit Back
Credit Back (stand alone)
Credit Card Void
Post-Auth Only
Pre-Auth Only
Sale     Restricted
Voice-Post

 

A payment gateway is a CLOUD based e-commerce application software provider service that authorizes payments online, online retailers, bricks and clicks, or traditional brick and mortar.[1] It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateways protect credit card details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.


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Credit Card Processing:

Gun Friendly Credit Card Processing

When a gun dealer implements gun friendly credit card processing service in its business, he or she tends to add to the growth of the company. Credit card processing is easy gun friendly credit card processingprocess of money transaction via swiping of credit card or entering the credit card on their computer and has become a big part of business world with both the customers and traders utilizing it.

Before beginning with a gun friendly credit card processing service you should know what a merchant account is and how it will affect a small business.

A Gun Friendly Merchant Account is more or less like a credit line between a gun dealer and a credit card processor that permits a them to provide credit card processing to its customers. With a merchant account you can be sure of increased sales in your small business. A Gun Merchant Account is also a must for those dealing on internet. Imagine a customer visiting your site and finds a credit card payment processing he/she will not just be amazed but also impressed with the service being provided by a small company. Merchant account is the best way to increase your customers and revenue.

Acquiring a merchant account can be difficult. Thus, it takes proper planning and complete idea of approach towards finding the right merchant account provider. Since a small business may not be able to afford bigger financial services for credit card processing, a trader can always opt for a reasonable credit card processor relating to its business.

Following are some of the credit card processing companies you can opt for as per the need of your business:

Once you have found the right merchant account and a credit card processing service for your small business, you are ready for a whole new experience in the establishing your business. For small business owners, who often trade in fairs and by visiting customers personally, utilization of a mobile credit card processing benefits more than they can imagine.

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Once you have found the right merchant account and a credit card processing service for your small business, you are ready for a whole new experience in the establishing your business. For small business owners, who often trade in fairs and by visiting customers personally, utilization of a mobile credit card processing benefits more than they can imagine.


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Credit Card Processing: