However, most experienced merchant account service supplier can offer merchant account amenities but with us, you can avail merchant account for your high-risk businesses. And wait. Apart from good integration options, reliable eCommerce payment processing accounts offer APIs to speed up transactions and more. services that are available. The list includes solutions and best practices on how to get accepted for a merchant account. Nutraceutical payment gateways provide a reliable and secure way for an ecommerce business to accept payments online. The recurring payment processing model is a common billing method businesses use by merchants in various industries. Host Merchant Services: Best for large high-risk businesses. Nutraceutical companies rely on eCommerce and Mail Order/Telephone Order (MOTO) sales to scale their businesses. A nutraceutical merchant account is a type of merchant account that is specifically designed for businesses that sell nutraceutical products, such as dietary supplements,. Our offshore solutions provide long-term simple solutions to merchants who would otherwise be unable to process credit card and debit card transactions. The business requires a safe merchant account solution but many of the banks do not prefer to provide them the account. Without a mer. Copy of call center agreement. A high risk merchant account can provide processing for companies with a slightly high tolerance for these types of issues. Merchant Account for Nutraceutical Products : In the event, if you are included in Nutraceutical deals, as you know that it can be hard to acquire merchant services for Nutra product sales. Free setup and zero upfront fees. At Fibonatix, we offer comprehensive nutraceutical merchant services that prioritize both the security of transactions and the convenience of your customers. The ability to integrate Easy Pay Direct with. Check out our nutraceutical merchant accounts today and. One of the riskiest is the nutraceutical industry, which affects most consumers on a daily basis. If you sell supplements, diet pills, or any. High Risk Credit Card Processing. 98% approval rates for high risk credit card processing. The American Clearing House (ACH) offers a type of payment that is 100% electronic but does not involve a credit or debit card. High ticket merchants and merchants with bad credit. First, you need to find a merchant account provider. As a payment aggregator, PayPal operates between the merchants and customers, managing transactions, funding of accounts and the security of transactions. They additionally battle to secure the. Nutra has nothing to do with pharmaceuticals. Businesses are often prohibited from accepting payments and processing transactions by underwriting banks. SMB Global: Best for international merchants. Just because nutraceutical businesses are considered high risk doesn’t mean they should be subjected to high merchant account fees. The nutraceutical industry is risky for most banks. Common Types of Nutraceuticals. These two niches have different purposes and demand a different business approach. Here’s a closer look at the nutraceutical industry, as well as the high-risk merchant A business that accepts credit cards for goods or services. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. More importantly, Easy Pay Direct would love to play it’s part in helping you achieve your goals and service your consumers smoothly. Our dedicated team will guide you through the account setup process, ensuring a seamless onboarding experience. High volume Nutra merchant accounts are our specialty. Payment processing companies provide merchant accounts easily. In a certain way a tech support merchant account is credit that your processor makes available to your company. ACH. In addition to processing payments, a nutraceutical merchant account recurring billing plan may also provide reporting features that allow you to keep track of sales and expenses. Get Your E-commerce Merchant Account. Skip to content BestPaymentProviders. Once a business hits a ratio of 0. A bad credit merchant account is a specialized payment processing solution designed specifically for businesses with poor. Free setup and zero upfront fees. 325412: Pharmaceutical Preparation Manufacturing. Without a mer. Common Types of Nutraceuticals. A merchant account is a specific type of bank account that allows merchants to accept payments. Companies selling nutraceuticals face a frustrating dilemma: Business is booming, but the country’s largest credit card underwriters still deem the industry “high risk,” which makes it difficult to obtain a nutraceutical merchant account. Pos Systems. No Comments. Although the nutraceuticals industry has hit the ground running, a few things are holding the industry back. Get your netraceutical merchant account and payment gateway. Whether you call it dietary supplements, herbal supplements, or nutraceuticals, we have a. A credit repair agent should consider getting a high risk merchant account for the following reasons: Industry Classification: The credit repair industry is often classified as high risk by banks and payment processors due to its higher chargeback rates and potential for fraud. A Spotlight on the Nutraceutical Merchant Account Holders: Streamlining the Market Not all Supplements bought online are legit. As compared to credit card and debit card processing, ACH processing has a lower cost. E cigs provide many of the same effects of nicotine without creating smoke, rather emitting water vapor. 4 billion as of 2015, and is estimated to reach $204. International businesses selling their services and products within the US. Guaranteed CBD Merchant Accounts Approvals in 1 week. Gain insights into secure payment solutions. We offer the industry's first transparent and compliant cannabis payment processing merchant account. This labeling has made applying for and approving a merchant account difficult. In the United States, about 75% of adults take some form of dietary supplement; 10 percent over the past 10 years, according to the Council for. Large Average Ticket Size. In fact, many banks have. A merchant account is a specific type of bank account that allows merchants to accept payments. Once a nutra company is approved, payment processors set monthly processing limits for new businesses, typically between $25,000 and $50,000 per month, for the first three-to-six-months. An EMerchant Authority nutraceutical merchant account allows you to accept all credit cards, meaning you can sell your nutraceutical products to customers from all over the world. Nutraceutical high-risk merchant processing accounts to accept credit cards, quick approvals and payment gateways. Banks and credit unions may provide check verification services, but keep in mind that their policies vary. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Therefore, a high risk merchant account is required for these retailers to accept credit & debit cards. They enable offshore credit card processing for your business and other offshore payment processing like debit card payments, net banking, UPI, etc. Credit Score: If you are applying for a high risk merchant account for the first time, you might be asked to disclose your credit score and credit history. It’s undeniable that the nutraceutical market goes on growing at a rapid pace. Get a secure Nutraceutical Merchant Account with QuadraPay. More importantly, Easy Pay Direct would love to play it’s part in helping you achieve your goals and service your consumers smoothly. A start up mineral nutraceutical business needs the ability to accept payments for online sales. We can provide your business the ability to accept credit cards with one of our merchant account providers. With access to scores of US and international banks, all payments are covered. You’ll guide merchants through the initial application process, handle objections and quickly get the supporting documents needed for a complete application. Nutraceutical companies often use a nutraceutical payment gateway to intelligently route transactions to multiple credit card processors. When you use our services, you don’t need to worry about the risks of accepting credit cards for what will be considered high-risk payments. It can be challenging to navigate the payment processing restrictions that apply to nutraceuticals. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. 673. Our CBD merchant services cover Cannabidiol, Hemp & CBD Oil considered high-risk merchants. Easy Pay Direct. This has left numerous organizer or. We utilize a variety of processing techniques to ensure that payment processing, fraud prevention and chargeback disputes are all easy processes for our high-risk accounts. Now, with no chargeback payments, you expand your sales, protect your customers, and increase your profits. You’ll have to provide extensive information, including credit history, credit score, personal financial statements, bank statements, and much more. O. An hour later, you call the payment provider to find out what’s taking so long. Merchant Processing Advisors can provide your company with a merchant account at a competitive rate along with the services and features that a nutraceutical. We're here to not only provide you with the highest quality payment processing options, but we also want to equip you with the proper tools to guard your merchant account from being pegged with excessive chargebacks as much. First, on the high risk merchant list is nutraceuticals. International nutraceutical merchant accounts are approved 7-14 days after the application file has been received. There are slightly higher credit card processing fees and a reserve fund is commonly, although not always, required for nutraceutical merchant. . However, these providers do not. Stay processing and keep track of your transactions with your nutraceutical merchant account. Providing credit repair merchant accounts to. Nootropics Gain Popularity But Lose Payment Processing Credibility. When a payment processor closes your account, you are tagged as a Terminated Merchant. 7650 South McClintock Dr #103-437 Tempe, AZ 85284 1-888-405. if you’re interested in working with us, you can start your EMAP application below or call us at: (800) 805-4949 | Get Set-up with a Merchant Account ». This typically includes major card networks like Visa, Mastercard, and American Express. Our network of high risk financial institutions can provide the credit card processing services required by continuity businesses. ) Still, the stakes are high for CBD businesses. PayDiverse offers CBD payment processing at the lowest industry rates & has multiple banks that accept CBD merchant accounts. Yet the reality of the situation is such that these natural and synthetic supplements and drugs, used primarily. These businesses need a trusted company like PayKings to provide them with high risk credit card processing. If you run or are planning to start up your own nutraceutical business, you need to know all of the finer details involved with payment processing. We at EMB, or eMerchantBroker. With access to hundreds of US and international banks, all payments are covered. Why You Need Nutraceutical Credit Card Processing. Worth already $382. It takes place after a payment authorization officially transfers a customer’s fund into the merchant account. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. Our specially. Some financial institutions may confirm the legitimacy of the bank account and routing number but might not be willing to verify the check funds, especially over the phone. We have experts and technology to ensure that payment processing, customer service, fraud prevention, and chargeback disputes are easy to handle for our high-risk accounts. Diversify your nutraceutical merchant accounts to mitigate risk. We provide natural supplement merchant accounts for the following: Startups and existing businesses – we help all types of businesses. ePay Global is a trusted name in the market for providing a high-risk payment gateway for the all types of business, with specialization in Nutraceutical Merchant Account. Make sure your new MSP offers a dedicated merchant account and can meet all of your needs for processing payments in. Choosing an ideal payment gateway for your nutraceutical company whittles down the risks that come with processing. Tech Support Merchant Accounts. Acquiring and maintaining a reliable merchant account is a significant challenge for nutraceutical businesses. This has left numerous organizer or. Nutraceutical Merchant Account Solutions Made Simple. Industries | Nutraceuticals. Having access to a global market is something high risk merchant processors can provide to business owners, new or established. Our experienced staff will determine your specific needs and recommend a solution that meets your specific situation. Large Average Ticket Size. Once a nutra company is approved, payment processors set monthly processing limits for new businesses, typically between $25,000 and $50,000 per month, for the first three-to-six-months. If you've been declined by traditional banks, we know the frustration and can help overcome those hurdles and sign you up for a merchant account in as little as 72 hours. Los Angeles, CA (PRWEB) January 26, 2015 -- eMerchantBroker is proud to announce merchant account support for all businesses dealing in the nutraceuticals industry. Business dealing in such products is categorized as high-risk business and most conventional banks and merchant processors will not provide services to companies like this. accounts for nutra businesses to be considered high risk by banks and regulatory bodies. Power Your Business With Nutraceutical Merchant Accounts and Payments From MID Kingz Solutions — Easy, Reliable, and Secure. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. Our payment solutions are designed to seamlessly integrate with your business model, whether you operate an e-commerce platform, health supplement store, or other related businesses. Apply Now. At SeamlessChex, we provide solutions that help your business get back on track. May 26, 2023. To get a merchant account, one must submit an application with a merchant account provider. The nutraceutical industry (“Nutra”) is no laughing matter. Quick & Easy Merchant Account Setup! Contact our nutraceutical team. If you use a nutraceutical merchant account, you can sell supplements, vitamins, and herbal products without the fear of. Minimum monthly processing to qualify for an account is $50K. Even if you have been previously rejected by other credit card processors or have a bad credit score and. A nutraceutical merchant account allows these merchants to not only secure the credit card processing services they need, but also take advantage of electronic check processing, chargeback protection and prevention programs, and flexible business funding options. A high risk business account is really a cost handling bill of the business that is acknowledged to be always a high chance for just about any business. We will also give you a few tips on how to choose. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. TailoredPay also works with both small and large businesses across multiple industries and sectors. Durango Merchant Services: Best for highest-risk businesses. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Application and Approval: To secure a merchants account, your travel business will need to apply for a merchant account through a payment processor like Seamless Chex. Many herbal products are also referred to as nutraceuticals. Our merchant account managers offer expert advice and guidance throughout the relationship of your account and will help you prevent fraud, reduce chargebacks and increase profits. Online Gambling Merchant Account. Fortunately, TailoredPay can help businesses in the nutraceutical industry find the right high-risk merchant account for their needs. Fortunately, TailoredPay can help businesses in the nutraceutical industry find the right high-risk merchant account for their needs. Menu and widgetsWe specialize in Credit Card Processing and ACH Payment merchant services for the Nutraceutical industry. By Tony Ward April 27, 2021 2:27 amA merchant account is a specific type of bank account that allows merchants to accept payments. A merchant account is a specific type of bank account that allows merchants to accept payments. 3. National Merchants Association. If you have been Previously rejected or discarded by another processor, we can help you get back on track. US/Offshore chargeback solutions for nutraceutical and other high risk credit card processing businesses. The accounts enable acceptance of payments from customers in the US and overseas. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. This has led to more vape shops and online vape shops while increasing the need for ecommerce merchant. To get a merchant account, one must submit an application with a merchant account provider. In addition, Vector Payments can provide additional guidance to help companies to meet their requirements. Username: Password: Login. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them securely. A subsidiary of Visa, Authorize. There are many companies out there in the market providing Nutra payment gateway and nutraceutical merchant account. Acceptance of all type of credit cards: If you have a payment processor that works with all credit cards, the merchant can deal with people and companies all over the world and expand their business. Soar Payments: Best for. A nutraceutical merchant account is necessary for any business that wants to be able to receive money from customers remotely, over the phone, or on the… Shark Processing on LinkedIn: #. At IPP, we provide Nutra merchants with the best premium high-risk nutraceutical merchant services, credit card processing, and merchant approval. Nutra products range from oral supplements to teas, tinctures and salves. Step 4: Sell your nutra. These two niches have different purposes and demand a different business approach. Get approved for a nootropic, supplement and nutraceutical merchant account. Simply fill out the form below. This type of account is essential to accept credit and debit card payments, and that is why nutraceutical merchants need to find another solution to open a merchant account. High Risk Pay is a comprehensive solution perfect for nutraceutical merchants. For this, your first stop should be with EMB. EquipmentA high-volume merchant account will allow you to have access to merchant processing services and online payment gateways. Minimum processing: $5,000 minimum for national. Ideal for businesses with a wired internet connection and a traditional storefront, these sales typically have the lowest fraud and chargeback risk and are therefore. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. Merchant accounts accept credit cards, debit cards, and other common types of online payment options, and having the right one can make the transaction process reliable and smooth for your customers. According to reports, the global nutraceutical market is worth $233. Nutraceuticals Nutraceuticals With health and beauty dominating our youth-oriented culture, opportunities abound for companies that offer subscription nutraceuticals, vitamins and free trial/continuity memberships. From vitamins and minerals to probiotics and sports supplements,. 4 billion as of 2015, and is estimated to reach $204. Nutraceutical merchant accounts have also assisted the nutraceutical industry in a majority of ways. Nutraceutical businesses can enjoy fast approvals, low processing fees, and reliable. 02 billion (2023). The market for nutraceuticals, sometimes known as “nutra,” is expanding both domestically and internationally. There are two main reasons for this. These can all be flags for a high risk merchant account. Merchant accounts provide entrepreneurs and individuals alike the ability to generate revenue using their own website or preferred eCommerce solution. Higher sales projections, lower credit scores, and inadequate financial standing may increase credit risk. This growing interest has led to a flourishing industry, where businesses must ensure they have efficient merchant account processing systems in place to seamlessly accept credit cards and provide. But what happens if your merchant account application keeps getting rejected? Unfortunately, this is a common occurrence for debt collection businesses. . The rapid expansion of the nutraceuticals industry –food and drinks with possible health advantages – is driven by current shopper trends. . As a growing industry, the demand for nutraceuticals and dietary supplements see no end in sight. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. Do you provide nutraceutical merchant accounts for businesses offering free trials? Our merchant accounts allow for selling products and services as a subscription, recurring, auto-ship, and/or negative option billing model. Credit card companies charge payment processing fees for each ecommerce transaction. Process Payments with a High-Quality Merchant Service Provider Since 2001, Instabill has been providing high-quality merchant services. Fine jewelry merchant accounts Five Important Tips for Retailers Switching to EMV Credit Card Processing Fraud. To get a merchant account, one must submit an application with a merchant account provider. Services. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and. According to reports, the global nutraceutical market is worth $233. Don’t let payment processing issues hold you back – contact QuadraPay today to learn more about their services and how they can help your nutraceutical business thrive. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. Contact us by phone or live chat for faster service. High Risk Nutraceutical Merchant Accounts. 81% for a credit card and 0. The Advantages of a High Risk Merchant Account for Nutraceutic. Finding a Reliable Supplements Merchant Account. An ACH merchant account allows. Merchant Stronghold specializes in high risk and offshore merchant accounts. Nutraceuticals tend to prolong the aging process, increase life expectancy, foil chronic diseases, and generally improve our wellbeing by boosting the functions and performance of the human body. Nutraceutical Credit Card Processing. Durango Merchant Services: Best for highest-risk businesses. Pet supply merchant accounts Storage facility merchant accounts with AMSLV Seminar Merchant Accounts Herbal Products and. Are you looking for a Merchant Account to process payments for your online nutraceutical business? Merchant accounts for Nutraceutical businesses are not easy to get. The diet and weight loss. The merchant account will deduct a small fee for each transaction before depositing the remainder of the money into the business’s bank account. Include your business email, contact numbers, and physical address if applicable. 49 billion by the end of 2025 with an annual compound rate of 8. However, the first questions to have answered should be about the processor’s experience and tolerance for the nutra business model. Free setup and zero upfront fees. Other products and services considered high risk. It is projected to leap 20 percent by 2019, and reach $6. Industries. Next, you need to choose an MSP that can support your business goals. Reserves can be held for 180 days after account closure before they are released. 9 billion. Credit card payments transacted online or by phone are. The nutraceutical industry, or “nutra” industry brings in a yearly revenue totaling roughly $181. In fact, many banks have. This will ultimately make it harder for a merchant to apply for a high risk merchant account, given their negative credit history. Accept credit card payments online hassle-free. Their applications for opening such an account may be rejected or they may be offered to pay high charges to cover the potential risks of the bank. 3%. Nutraceutical merchant accounts for enterprises selling nutraceuticals online and require credit card processing to sell their products. This article will delve into the intricacies of e-commerce credit card processing for nutraceuticals and explore strategies to navigate payment challenges in. Business dealing in such products is categorized as high-risk business and most conventional. Once you get setup with the Vector Payments provided merchant account provider, you will need to set up a payment gateway, a type of software that allows you to process credit card payments. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. The nutraceuticals industry is booming in the United States, but how is it fairing around the world? In India the nutraceutical market is growing at a rate faster than in the U. The ability to process credit cards, debit cards, and ach payments is a must in the timeshare. Get Payment specializes in offering high risk nutraceutical merchant accounts, tailored to meet the unique needs of businesses in this industry. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. When you add secure online payments with bank transfers to your checkout page, you expand your sales, protect your customers, and increase your profits. This is a company that will provide you with the ability to accept credit card payments. You should expect to pay a monthly fee in addition to a transaction fee, like how a traditional credit and debit card merchant account would work. This will ultimately make it harder for a merchant to apply for a high risk merchant account, given their negative credit history. Our merchant card accounts allow you to accept all major credit cards, including Visa, MasterCard, Discover and American. 49 billion by 2028. Contact us to learn more about our services or start the application process today. Most of payment processing companies consider nutraceutical industry. Platinum Relations is now able to provide High Risk / Off Shore credit card processing to any legal new or existing business. The future is looking good for nutraceuticals. These businesses need a trusted company like PayKings to provide them with high risk credit card processing.  Nutraceutical Product For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. With a Signature Payments nutraceuticals merchant account, your clients will be able to securely pay using any major credit or debit card — including those issued by Visa®,. Business dealing in such products is categorized as high-risk business and most conventional banks and merchant processors will not. You have to meet your customer’s expectations by providing a way for them to pay via a debit or credit card. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by. Our payment gateway services give you access to information regarding your merchant account solutions. We provide the best solutions for credit card processing for nutraceutical products. A nutraceutical merchant account is a specialized payment processing solution designed specifically for businesses operating within the nutraceutical industry. Create a proper label of contents. Best Credit Card Processing for Nutraceutical Companies . Our goal is to provide transparent pricing, ensuring that you receive excellent value for your payment processing needs. Call First MCS at (866) 673-3099 to learn more about how we can help businesses in the nutraceuticals industry in the Chicago, IL area. Let your experts show you how to obatin a high risk Nutraceutical merchant acount, lower the number of possible chargebacks you will incur, and also prevent unnecessary fraud. We provide medical credit card processing, medical merchant accounts, and medical payment solutions for the following types of medical facilities: Medical Doctors (MD). Fraud, chargebacks, International transactions, high costs of processing, and more. The MasterCard 3D Secure code is only for one-time use and is only. The Smart Drug Industry. This is why, although nutraceuticals and dietary supplements have become a hot industry, they are a closely watched one. In fact, the industry is estimated to grow to a staggering $671 billion by 2024 worldwide. These transactions require a bank account number and routing number to process. A chargeback ratio of less than 2% We also ask that online businesses have a fully secure and functional website before they apply for a merchant account with us. Search for Business Services Log in Sign upCredit Repair Merchant Account; Continuity Subscription Merchant; Large Digital Goods Merchant; Blog “Start Accepting Credit Cards Today” Get Approved Now ️. Minimum processing: $5,000 minimum for national. This has led the banking. High-Risk Merchant Accounts are not allocated based on ATV or expected volume. 65%, Visa will request an investigation into the cause and that an action plan be developed. High Risk Credit Card Processing. Because credit card processors may not approve your application unless you can provide proof that your products are sourced from a GMP-certified manufacturer. While following the steps above is bound to set you on the right path towards obtaining a weight loss supplement merchant account, your chances of merchant account approval dramatically increase with the help of high-risk payments experts. It provides credit card processing services for businesses of all sizes. 25. Ideal for businesses with a wired internet connection and a traditional storefront, these sales typically have the lowest fraud and chargeback risk and are therefore. This growing interest has led to a flourishing industry, where businesses must ensure they have efficient merchant account processing systems in place to seamlessly accept credit cards and provide. can maintain a merchant A business that accepts credit cards for goods or services. You simply provide an application along with supporting documentation about your company. Contact us already today if you are interested in getting nutraceutical merchant account by clicking on “Get a quote. Merchant accounts provide entrepreneurs and individuals alike the ability to generate revenue using their own website or preferred eCommerce solution. Payment Processing Barrier to Growth for Nutra Merchants. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Nutraceutical products (commonly known as Nutra products) have formed a billion dollar market. Unmasking the Nutraceutical Industry The nutraceutical industry has come a long way since its inception, offering products that blend nutrition with pharmaceutical benefits. Nutraceutical Merchant Accounts. As long as your business has a monthly processing volume of at least $50,000 per month, we can help you get. Compatibility with the leading credit card providers. I have the ability to provide your business with value by offering a sustainable business model with our extensive network of partners, processors and financial institutions. While recurring/subscription billing services are increasingly common, they can still be viewed by banks as a high risk. Application for ecommerce payment processing always free with no obligation. Typical reasons people purchase these products include. The most common tier one payment processors on the market include Square, Stripe, and Braintree. How do you go about getting a high risk merchant account for your nutraceutical business? Glad you asked. Setting up a merchant account is simple. They’re so well-established in fact that they work with over 60,000 merchants. We offer high-risk merchant accounts in a variety of industries. Accepting ecommerce & recurring billing Nutraceutical businesses, they offer US & Offshore direct accounts, with integrated gateway and chargeback avoidance. Here’s a closer look at the nutraceutical industry, as well as the high-risk merchant A business that accepts credit cards for goods or services. A retail nutra merchant account allows your business to accept face-to-face credit and debit card payments via a credit card machine or point of sale system. But unusually high numbers of merchants are being declined for merchant accounts in their quest to accept credit card orders. This becomes a hurdle to many high volume risk. CBD Sales and Payment Processing If your nutraceutical business includes CBD products, you are likely aware of the added complexities in the industry. It also encompasses intangible goods such as subscription accounts that give clients. Vape and E-Cig Merchant Accounts. Benefits of a TTG. Hospitality;Credit Repair Merchant Account; Debt Relief Merchant Accounts;. We offer a fee structure that is 25% less than the competition and we get those fee reductions for most of our high-risk nutraceutical merchant accounts. This means that this hold back percentage is taken out of each credit card sale until your allowed monthly volume is met. TranZlytics also offers advanced real-time reporting for faster and better use of CRM data. To get a merchant account, one must submit an application with a merchant. International merchant accounts, on the other hand, take 7-14 days to be processed for approval. In other words, a nutraceutical merchant account is necessary for any business that wants to be able to receive money from customers remotely, over the phone, or on the internet. Nutraceutical Merchant Account . The merchant account provider will usually require a high-risk account to process these payments.