GunTab - Gun Payment Service

https://www.guntab.com/

Has anyone used GunTab to pay for a firearm? I just signed up to pay for a gun I was buying from a guy in another state. I know that can be problematic since most of the payment services want nothing to do with guns, so this could be promising. They charge 2.9% to the seller, but for peace of mind, I'm happy to pay that.

I still haven't completed this transaction, so I'll report back my experience, but I was wondering if anyone else had any experience with them, good or bad.

What if the seller doesn't want to pay the 2.9%. It that negotiable or can the seller increase the price of an item by 2.9% ? Unless the buyer and seller agree up front, it may work.

storage_man said:

What if the seller doesn't want to pay the 2.9%. It that negotiable or can the seller increase the price of an item by 2.9% ? Unless the buyer and seller agree up front, it may work.

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If the seller didn't want to pay the fee, they could ask the buyer to cover it. That's quite common with general sales using PayPal. As a buyer, I offered to cover the fees upfront since the seller normally takes money orders exclusively for out of town sales. I really didn't want to mail the payment because of security risks and because of all the delays and trouble with shipping right now, so it gave me a little bit more peace of mind to go this route.

Just completed a transaction purchasing a high dollar rifle from out of state using GunTab. This escrow service worked really well and gave both of us (buyer and seller) peace of mind. GunTab protects both the seller (from charge backs and fraudulent payments) and buyer (inspection period before releasing payment). I will be using this service on any major internet purchase in the future, where the seller doesn't take credit cards. Also no hiding what the merchandise is from services like Paypal, Venmo or Zelle.

Not guntab, but have used Sezzle. It was offered in the payment options, figured why not. Didn't cost me a dime, and I wasn't out the whole amount right away. With Sezzle, you split it up into 4 payments. You miss one, you pay interest. I set mine up for auto withdrawal.

XJThrottle said:

Not guntab, but have used Sezzle. It was offered in the payment options, figured why not. Didn't cost me a dime, and I wasn't out the whole amount right away. With Sezzle, you split it up into 4 payments. You miss one, you pay interest. I set mine up for auto withdrawal.

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I've never heard of them before, but I looked them up. Where do they make their profit? Also, where was it offered in payment options?

AZ_Five56 said:

XJThrottle said:

Not guntab, but have used Sezzle. It was offered in the payment options, figured why not. Didn't cost me a dime, and I wasn't out the whole amount right away. With Sezzle, you split it up into 4 payments. You miss one, you pay interest. I set mine up for auto withdrawal.

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I've never heard of them before, but I looked them up. Where do they make their profit? Also, where was it offered in payment options?

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They either charge the merchant a percentage, or hope you are late on payment I guess..

I it was 80 percent arms when I bought my GST-9, but it doesn't look like they offer it anymore.