If you purchase a firearm, or many kinds of firearm components, you can’t pay the seller using PayPal™. That’s because eBay-owned PayPal is “gun-phobic” and its “Acceptable Use Policy” forbids purchasing guns and many gun accessories. If you do try to use PayPal for a gun transaction you risk having your account cancelled and your funds embargoed.
Increasingly, gun purchasers are turning to a new electronic payment service, GUNPAL.net. According to GUNPAL Founder/CEO Ben Cannon, “GUNPAL is the first serious competitor to PayPal [for gun buyers]. An estimated one hundred million firearm owners nationwide now have a platform with which they can trade ammunition, scopes, and other accessories securely and hassle-free.” Cannon predicts that as his company grows, the $3 billion firearms and accessories industry will adopt GUNPAL as the electronic payment platform of choice. To use GUNPAL, you first sign up with an email address, password and contact info. To send money, you must have at least one linked bank account or credit card account.
What does it cost? Purchasers sending money through GUNPAL pay no fees to GUNPAL (although their bank and/or credit card company might impose electronic transaction charges). Vendors receiving payments via GUNPAL pay 2.8% + $0.30 for all transactions over $10.00, or 4.8% + $0.30 for transactions under $10.00. CLICK HERE for Fee Schedule.
Founded in 2004, GUNPAL is a transaction-neutral online payment system that allows easy transfer of funds to anyone with an email address. You can use GUNPAL to buy or sell any types of firearms or gun components, provided that the sale(s) comply with all federal, state, and local laws. GUNPAL requires that the merchandise or services you buy and sell be legal. GUNPAL also donates a portion of the proceeds from every transaction to a Non-Profit Organization of your choice.
The creators of GUNPAL know that users are concerned about security. Funds stored in your GUNPAL account are covered by FDIC Pass-Thru insurance up to $100,000. Both the NRA and Calguns Foundation employ GUNPAL to handle Charitable Donations. WBTactical is one of many vendors now taking payments via GUNPAL. According to WBTactical’s Mitchell Chapman: “GUNPAL is more convenient than other forms of payment as its comprehensive transaction tracking system is secure and reliable for our audits.”
