Quantcast
  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.

Thread Status:
Not open for further replies.
  1. Zak Smith

    Zak Smith Moderator Emeritus

    Joined:
    Dec 24, 2002
    Messages:
    9,037
    Location:
    Fort Collins, CO, USA.
    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

    Joined:
    Jul 28, 2005
    Messages:
    14,886
    Location:
    Lewisberry, PA
    Holy crap!

    That angers me greatly.
     
  3. The_Next_Generation

    The_Next_Generation Member

    Joined:
    Sep 27, 2011
    Messages:
    860
    Location:
    Washington State
    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 Member

    Joined:
    Dec 24, 2002
    Messages:
    22,321
  5. ID-shooting

    ID-shooting Member

    Joined:
    Dec 15, 2012
    Messages:
    643
    Location:
    Nampa, Idaho
    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 Member

    Joined:
    Aug 29, 2008
    Messages:
    2,389
    Location:
    NC
    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 Member

    Joined:
    Mar 26, 2004
    Messages:
    739
    Location:
    ohio
    This is getting ridiculous.

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

    Zak Smith Moderator Emeritus

    Joined:
    Dec 24, 2002
    Messages:
    9,037
    Location:
    Fort Collins, CO, USA.
    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 Member

    Joined:
    Sep 8, 2009
    Messages:
    466
    Location:
    Madison, AL
    I've heard that Wilson Combat requires wire transfers for their AR's.
     
  10. Deltaboy1984

    Deltaboy1984 Member

    Joined:
    Nov 21, 2008
    Messages:
    6,306
    Location:
    Johnson County Texas
    Sorry to this Zac.:fire::banghead::mad:
     
  11. Jorg Nysgerrig

    Jorg Nysgerrig Member

    Joined:
    Apr 13, 2006
    Messages:
    7,823
    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

    Joined:
    Jan 26, 2006
    Messages:
    9
    Location:
    Lexington, SC
    ironic?
    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
    e5i5o
     
  13. Zak Smith

    Zak Smith Moderator Emeritus

    Joined:
    Dec 24, 2002
    Messages:
    9,037
    Location:
    Fort Collins, CO, USA.
    I pay an local accountant. He does a better job and likes guns.
     
  14. gossamer

    gossamer Member

    Joined:
    Feb 15, 2009
    Messages:
    421
    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 Member

    Joined:
    Aug 29, 2008
    Messages:
    2,389
    Location:
    NC
    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

    Joined:
    Jan 16, 2012
    Messages:
    5,170
    Location:
    Wet Oregon
    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

    Joined:
    Jul 28, 2005
    Messages:
    14,886
    Location:
    Lewisberry, PA
    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 Member

    Joined:
    May 28, 2004
    Messages:
    82
    Location:
    IL
    Not using Turbo Tax ever again.

    Sent from my MB870 using Tapatalk 2
     
  19. BullfrogKen

    BullfrogKen Moderator Emeritus

    Joined:
    Jul 28, 2005
    Messages:
    14,886
    Location:
    Lewisberry, PA
    I've been using it for over a decade. Never again.


    Calling them tomorrow to tell them why.
     
  20. tfosterjr

    tfosterjr Member

    Joined:
    Dec 17, 2012
    Messages:
    11
    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.
     
  21. taliv

    taliv Moderator

    Joined:
    Oct 23, 2004
    Messages:
    22,098
    zumbo time?
     
  22. Zak Smith

    Zak Smith Moderator Emeritus

    Joined:
    Dec 24, 2002
    Messages:
    9,037
    Location:
    Fort Collins, CO, USA.
    I won't speculate on any motivation behind it, all I know is what they told me, which is that they were not going to be a merchant for any company that sells "gun stuff" anymore (that's paraphrased). The guy in the risk department who talked to me didn't even know what we make, or didn't say he did.

    They can change their terms at any time, just like we are free to stop using them at any time.

    Anyone can be named in a suit for anything, and anyone can be sued for anything. But if that were the real reason we'd see them backing away from a lot more everyday items.
     
  23. sidheshooter

    sidheshooter Member

    Joined:
    Dec 30, 2007
    Messages:
    1,963
    Location:
    NW
    This is outrageous.


    Sorry to hear of it.
     
  24. Plan2Live

    Plan2Live Member

    Joined:
    May 17, 2011
    Messages:
    1,674
    Location:
    Columbia, SC
    I had a website through Intuit for a side business I shut down. I had been with them for 3 years. Back in September when I set up my CWP website I called them to make sure they wouldn't shut me down at some future point once they figured out my site was related to firearms. They assured me, in writing, that they were okay with my site as long as I wasn't selling any guns. Something about their response lacked sincerity, call it a gut feeling, so I went with 1and1 instead. Looks like I made a good call.
     
    Last edited: Jan 23, 2013
  25. gossamer

    gossamer Member

    Joined:
    Feb 15, 2009
    Messages:
    421
    One of my clients is one of the 3 biggest payment processors in their country. For Intuit, in point if fact, Liability is very well one of the reasons you may have been dropped. And no, not until those other "everyday items" are under threat of governmental overreach will they be dropped.

    I know of bars who've been threatened to be dropped by processors for failure to demonstrate liability coverage.

    Did you read your terms of service for any discussion of firearms or components?
     
Thread Status:
Not open for further replies.

Share This Page