HARTFORD, CT (August 4, 2021) – The shooting sports industry leader in FFL technology, payments and compliance services, Orchid LLC has been selected by Taurus Holdings, Inc. (“Taurus”), a top U.S. firearms manufacturer, to handle their payment processing.
Taurus Holdings CFO Kevin Riggott said, “We were looking for a payment processor that understood the industry, supported American’s Second Amendment rights and was committed to helping us reduce our operational expenses. Orchid has done that and more. We are expecting to save over six figures in our first year using Orchid Pay™.”
Experiencing a lack of service and support from their previous credit card processor, and with plans for continued growth of its eCommerce business at shoptaurus.com, Taurus sought an alternative solution.
“From our first conversation, it was clear Orchid understood our challenges and how to solve them,” said Riggott. “Their team provided great counsel and guided us through the effortless transition. We couldn’t be happier to work with Orchid and continue our efforts to support businesses that embrace our industry.”
Orchid Pay™ offers online and in-store payment processing for manufacturer, distributor, retailer and eCommerce FFLs. Our interchange plus pricing and price lock guarantee mean Orchid Pay™ customers keep more of what they earn. Combined with next-day funding and versatile swipe, dip, tap and contactless payment card devices, Orchid Pay™ is a leading merchant solution in the firearms industry.
“Finding an industry-friendly financial institution and affordable merchant processor are familiar challenges in our industry,” said Orchid VP of Sales & Marketing, Shaun Phelan. “We created Orchid Pay™ to help firearm businesses, like Taurus, avoid the anti-gun bias and unchecked fees that many payment providers charge.”
Contact Orchid for a free Orchid Pay™ cost savings assessment and make the switch today at orchidadvisors.com.
ABOUT ORCHID LLC
Orchid LLC and its family of companies, including partner firm, FFL Law, have been offering business software, firearms-friendly payments and legal and regulatory services to the shooting sports industry for over a decade. With powerful POS, eCommerce, ERP and Bound Book solutions, as well as expert knowledge of ATF, import/export and state-level regulations, Orchid helps FFLs profitably manufacture, distribute and sell firearms with great efficiency and the utmost compliance. Get started today at orchidadvisors.com.
ABOUT TAURUS
Taurus Holdings, Inc. (“Taurus”) and its subsidiaries continues to evolve and produce revolutionary new products. In addition, new standards for quality and efficiency help deliver reliable and affordable guns to the market. Taurus is based in Bainbridge, Ga. Taurus is owned by Taurus Armas, S.A. which is a publicly traded company based in Brazil. Taurus Armas S.A. manufactures a wide variety of consumer and industrial products that are distributed worldwide. For more information, visit taurususa.com.
PRESS CONTACT
Shaun Phelan
VP Sales & Marketing, Orchid LLC
sphelan@joinorchid.com
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