Pawn Shops

Secure and Affordable Payment Processing Solutions

Pawn shops have been around for a long time — all the way back to ancient Greece and Rome, in fact. Pawn shops have traditionally been an important way for people to obtain cash, and nowadays, in light of the very difficult economic conditions we all face, pawn shops are more important than ever.

Despite the indisputable value of pawn shops, credit card issuers deem them high risk, challenging pawn shop owners to obtain merchant accounts without paying excessive fees and incurring severe restrictions. This high risk status makes remaining competitive and offering customers credit card payment options difficult for pawn shops. The main reason pawn shops are considered high risk is the false impression that a high percentage of their sales comes from stolen goods. This is not the case at all, because pawn shops are highly regulated — but unfortunately the stereotype persists.

PCS Has Payment Solutions for Pawn Shops

Merchant Accounts. PCS specializes in high risk payment processing solutions, and we’ve been helping pawn shops obtain merchant accounts and other forms of payment for more than 20 years. With deep roots in the payment processing industry, we have forged extremely strong relationships with financial institutions that recognize the stability, growth potential and overall value of pawn shops, and are interested in establishing merchant accounts with them at competitive rates.

PCS will help you prepare your merchant account application, review offers, and once you reach a decision, help you implement your in-store or virtual merchant account. We always strive for long-term client relationships, so we will be there after you are up and running to assist with troubleshooting and developing payment processing improvements.

Contact Us Today!

If you are a new pawn shop looking to secure a merchant account, or an established pawn shop in need of a better, more affordable processing solution, please contact us now.

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