Payment Processing for Precious Metals & Jewelry Dealers
Stable merchant accounts for gold dealers, silver coin retailers, jewelry stores, and bullion businesses. Accept high-value transactions without automatic holds.
Precious Metals Payment Processing That Holds Its Value
Precious metals dealers and jewelry retailers face processing challenges rooted in transaction size and the nature of the products. High-value bullion sales, the potential for money laundering compliance issues, and elevated chargeback risk on large purchases make most processors unwilling to work with precious metals businesses.
POS Outlet works with acquiring banks that understand the precious metals and jewelry market. Whether you sell gold and silver bullion, numismatic coins, fine jewelry, or investment-grade precious metals, we can provide merchant accounts underwritten for your transaction profile. See our high-risk payment processing solutions.
Precious Metals & Jewelry Payment Solutions
High-value transaction processing for bullion dealers, coin shops, and jewelry retailers.
Gold & Silver Bullion Sales
Accept credit card and ACH payments for gold coins, silver bars, and investment-grade bullion with merchant accounts underwritten for high-value precious metals transactions. No automatic holds on standard bullion sales.
Numismatic Coin Dealer Processing
Process coin sales for rare and collectible numismatic coins with payment solutions that handle both the high-value and collectible nature of the inventory. In-store POS, online sales, and phone order processing.
Fine Jewelry Retail Processing
Jewelry store payment processing for engagement rings, fine jewelry, and designer pieces. High transaction limit underwriting, installment payment options, and layaway billing support for jewelry retailers.
Online Precious Metals E-Commerce
E-commerce payment processing for online gold and silver retailers. Gateway integrations for major e-commerce platforms with fraud screening appropriate for high-value online precious metals transactions.
ACH for Large Bullion Purchases
Large bullion orders are well-suited for ACH bank transfer processing — lower cost than credit card interchange on high-value transactions and appropriate for the investment purchase mindset of bullion buyers.
Fraud Screening for High-Value Transactions
High-value precious metals and jewelry transactions are attractive fraud targets. Address verification, CVV matching, and velocity controls provide layers of fraud protection appropriate for the ticket sizes in this industry.
Compliance Considerations for Metals & Jewelry
Precious metals and jewelry businesses have specific compliance requirements our banking partners understand:
- FinCEN BSA/AML compliance for precious metals dealers (MSB requirements)
- IRS Form 1099-B reporting for bullion purchases above thresholds
- High-value transaction fraud screening
- PCI-DSS compliant payment infrastructure
- Chargeback monitoring for high-ticket merchandise
- Anti-money laundering transaction monitoring
Precious metals dealers with proper FinCEN compliance programs and AML procedures have the strongest merchant account approval profiles.
What You Need to Get Approved
Precious metals and jewelry merchant account applications typically require:
- FinCEN MSB registration (for bullion dealers meeting thresholds)
- Business formation documents
- Government-issued photo ID for all owners with 25%+ stake
- Voided business check or bank letter
- Website or business description with product categories
- Three months of processing statements (if applicable)
- AML/BSA compliance policy documentation
FinCEN-compliant precious metals dealers with documented AML programs are well-positioned for merchant account approval.
Precious Metals Payment Processing FAQ
Why do processors decline precious metals dealers?
Precious metals dealers face high-risk classification due to large transaction sizes, AML/BSA compliance requirements for dealers in precious metals, elevated chargeback potential on investment purchases, and the historical use of precious metals in money laundering schemes. Processors without experience in the industry prefer to avoid it entirely.
Am I required to register as an MSB for precious metals?
Precious metals dealers who buy or sell more than $50,000 in coins or bullion per day may be required to register as a Money Services Business with FinCEN. The specific thresholds and requirements depend on your transaction volumes and business model. Our banking partners will assess your MSB status during underwriting.
Can customers pay with credit cards for large bullion purchases?
Yes, though many bullion dealers charge a credit card surcharge to offset interchange costs on large precious metals transactions. We can advise on surcharging programs and cash discount programs that allow you to offer competitive pricing on large bullion sales regardless of payment method.
What processing rates should I expect?
Precious metals dealers typically see rates in the 2.5%–3.5% range for credit card transactions. ACH processing for large bullion purchases is significantly cheaper. We provide transparent interchange-plus pricing with no hidden fees.
Get a Precious Metals Merchant Account Quote
Fill out the form and we'll respond within one business day with processing options for your precious metals or jewelry business.
- Free consultation — no commitment required
- Custom rate quote for your metals/jewelry business
- High-value transaction processing
- Online bullion and in-store POS options
- ACH and wire transfer support
- Dedicated account manager from day one
Get Your Free Quote
Most merchants hear back within one business day.
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