1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Intuit drops my company because we sell gun stuff

Discussion in 'General Gun Discussions' started by Zak Smith, Jan 23, 2013.

  1. Zak Smith

    Zak Smith Moderator Staff Member

    I am one of the owners of a silencer manufacturing company. We have used Intuit for the last 5 years as our credit card processing service/vendor ("merchant account").

    At about 4:30 PM today I got a call that they were cancelling our merchant account (effective today) because their new policy prohibits all gun stuff.

    We are not happy to put it mildly.
  2. BullfrogKen

    BullfrogKen Moderator Emeritus

    Holy crap!

    That angers me greatly.
  3. The_Next_Generation

    The_Next_Generation Well-Known Member

    Wow. What do they care what your business is? You'd think as long as they're getting their cut that they'd be happy :fire::cuss:
  4. Jim Watson

    Jim Watson Well-Known Member

  5. ID-shooting

    ID-shooting Well-Known Member

    What could be motivating financial institutions to be giving up money? Was there some EO making their interest rates or taxes too outrageous to be profitable?
  6. larryh1108

    larryh1108 Well-Known Member

    Anyone who uses Intuit (and there are a lot!) should call them up and cancel THEM for their stance. Anyone one these boards and anyone who is pro-2A. There has to be a lot of decision makers here and elsewhere that can show them we don't need them as much as they need us.
  7. browneu

    browneu Well-Known Member

    This is getting ridiculous.

    Sent from my SGH-T999 using Tapatalk 2
  8. Zak Smith

    Zak Smith Moderator Staff Member

    I can't speak for anyone else but I certainly will not give Intuit any business, nor recommend them to anyone, for anything, ever again.

    As our merchant processor, they were making bank on their cut of every credit card transaction we did, which was the vast majority of our revenue.

    I'd prefer we just go back to checks.
  9. soloban

    soloban Well-Known Member

    I've heard that Wilson Combat requires wire transfers for their AR's.
  10. Deltaboy

    Deltaboy Well-Known Member

    Sorry to this Zac.:fire::banghead::mad:
  11. What in the world are you on about? That question doesn't even make a bit of sense.

    Zak, on the upside, there are tons of payment processors and I'm sure you can find one that works for you.
  12. e5i5o

    e5i5o Member

    before i signed on i read this post with the advertisement to let right of your original post. guess what, the advertisement window was for intuit investment!

    also, i am reading more and more about company removing themselves from gun related businesses. not good.

    last, getting ready for tax season and i looked at my turbo tax. its made by intuit!

    i WILL show my support for the 2nd amendment and be looking for different software to do my taxes.

    good luck and best wishes.

    take care
  13. Zak Smith

    Zak Smith Moderator Staff Member

    I pay an local accountant. He does a better job and likes guns.
  14. gossamer

    gossamer Well-Known Member

    I hate to say this, but it's liability and PR. When company's start leaving money on the table it's because the opportunity cost of continuing to take that money is too great.

    They also see themselves getting clawed into any and all lawsuits over money they touch. If someone uses them to process a credit card for buying something they use in a shooting, they can be a named party in a suit.

    Then there's the PR.

    Check out Squareup.com. I use them. Much better and less expensive than intuit. I'm happy to say this year I am 100% Intuit-free
  15. larryh1108

    larryh1108 Well-Known Member

    Would they drop a Cabela's, Dicks, Walmart, Sportsman's Guide, etc for the same thing? Maybe they had issues with what you make (silencers) rather then just being "gun stuff"?
    It sounds like they need a taste of their own medicine.
  16. Certaindeaf

    Certaindeaf member

    It very well could be because a very large and monied voting block.. the unions. Remember how Bushmaster was dropped by the California teachers retirement fund as an investment vehicle?
  17. BullfrogKen

    BullfrogKen Moderator Emeritus

    I'm glad I found this out before I ordered my tax software Friday -

    . , ,

    TurboTax by Intuit

    They can go to hell.

    Did you have something in your agreement where they can cancel your account for legitimate business activity they just don't approve of?
  18. AK47TIM

    AK47TIM Well-Known Member

    Not using Turbo Tax ever again.

    Sent from my MB870 using Tapatalk 2
  19. BullfrogKen

    BullfrogKen Moderator Emeritus

    I've been using it for over a decade. Never again.

    Calling them tomorrow to tell them why.
  20. tfosterjr

    tfosterjr Member

    Their right to choose who they will do business with.
    My right to chose who I will do business with.
    Just decided that I won't do business with Intuit.
    Thanks for the heads up.

Share This Page