Provident Metals announced today that it had been acquired by JM Bullion in August 2019.
Details of the acquisition have been kept quiet until now. Though rumors have been circulating in online precious metals forums and social media for several months.
It appears as though Provident Metals will be maintained as a separate brand from JM Bullion and continue to operate independently. This is similar to the previous purchase of Silver.com in 2012.
In the announcement from Provident Metals, they indicate that the new ownership structure has allowed them to improve upon their e-commerce and order fulfillment capabilities.
Among the improvements are:
- The return of PayPal and the addition of eCheck/ACH as a payment.
- Ability to store multiple payment methods in user accounts.
- Website performance improvements, better mobile experience and the improvement of the search functionality.
- New order fulfillment center.
- Reduced shipping fees for orders less than $99.
In addition, Provident has also announced a continuation of their series programs, the Egyptian Gods and Prosector series’. Also announced were the release dates for the 5th and 6th releases of the World of Dragons series, which will be November 1st and February 1st.