At IPP, we provide Nutra merchants with the best premium high-risk nutraceutical merchant services, credit card processing, and merchant approval. Bitcoin payments are quick and convenient. When you add secure online payments with bank transfers to your checkout page, you expand your sales, protect your customers, and increase your profits. Nutraceutical Merchant Accounts. We at EMB, or eMerchantBroker. Contact us today! Tags: Credit card processing for nutraceutical business. Typically, our merchants are able to begin accepting credit cards within 3 business days. At IPP, we provide Nutra merchants with the best premium high-risk nutraceutical merchant services, credit card processing, and merchant approval. Free application with no obligation. Application for ecommerce payment processing always free with no obligation. If you offer free trials, negative. Nutra Payments Offers Retail & High Risk Nutraceutical Merchant Accounts. Nutra has nothing to do with pharmaceuticals. These products include dietary supplements, weight-loss aids, colon cleansers, skin care products and anti-aging products. After a merchant loses a merchant account, it is very difficult time for processors to approve another. Accept credit card payments online hassle-free. 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. Apply for a Nutraceutical Merchant Account to Accept Credit Cards. 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. 02 billion (2023). Online. When a payment processor closes your account, you are tagged as a Terminated Merchant. As a rule, nutraceuticals use the following NAICS code:. The Main Benefits to the API: Supports all types of transactions from sales to credit and voids. You may need a rolling reserve account with a cap of up to 50% of the average monthly volume. Easy Pay Direct. Fortunately, it is possible to do so without hassle and worries because there are merchant account providers like HRMA-LLCHRMA-LLCMerchant 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. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. At SeamlessChex, we provide solutions that help your business get back on track. A vacation club merchant account provides vacation clubs the abilities to accept payments on memberships from their customers. It is the most essential prerequisite to the success of any telemarketing environment. If you’re a merchant who is constantly on the go or lacks a brick and mortar location, a mobile card reader allows you to accept credit cards anywhere. 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. What You'll Need to Secure a Nutraceutical Merchant Account. A merchant account is a specific type of bank account that allows merchants to accept payments. Our goal is to provide transparent pricing, ensuring that you receive excellent value for your payment processing needs. No matter what type of business you operate under the high-risk category, always opt for a credit card merchant processing account that will help your business grow. You fill out the form, submit a few documents, and wait. Get approved for your nutraceutical merchant accounts! Learn MoreThis is particularly true for nutraceutical companies that need to harmonize customer needs while operating in full compliance with industry laws and regulations. com (EMB). This also allows long-distance purchases which increases your. Credit card payments transacted online or by phone are. Applying for a Credit Merchant Account even with Bad Credit. Minimum processing: $5,000 minimum for national. Without a merchant account, you will not be able to accept payment via credit card or debit card. When choosing a merchant account provider, businesses should consider factors such as experience, reputation, customer support, and competitive pricing. Get approved for your nutraceutical merchant accounts! Learn MorePaymentCloud is a merchant account provider that specializes in credit card processing solutions for high risk business types. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. All Services;. Once a high-risk nutra merchant account is approved, payment processors set monthly processing limits. This has left numerous organizer or. The thing is that merchants will lose their merchant accounts if chargeback rates are too high. One-time & Recurring Payments. The sale of peptides online through the use of credit card payments is deemed high risk by many banks in the US. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. Get the. They’re so well-established in fact that they work with over 60,000 merchants. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. . what is a high risk merchant account. It enables nutraceutical merchants to securely process payments for a wide range of dietary supplements, vitamins, herbal products, and other nutraceuticals. The American Clearing House (ACH) offers a type of payment that is 100% electronic but does not involve a credit or debit card. Nutra merchant accounts are in high demand and finding the right high-risk eCommerce merchant account nutraceutical provider is of utmost importance. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Yet the reality of the situation is such that these natural and synthetic supplements and drugs, used primarily. Today, many companies in this field have been finding they run into issues when trying to find online credit card processing services. These can all be flags for a high risk merchant account. All this being said, having the proper card payment processing services for the sales of these products must be done via a high-risk merchant account. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy,. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. You’ll have to provide extensive information, including credit history, credit score, personal financial statements, bank statements, and much more. One-time & Recurring Payments. Reduced chargebacks– We are a reputable high-risk processor that offers a chargeback management system to all our customers. Merchant Processing Advisors can provide your company with a merchant account at a competitive rate along with the services and features that a nutraceutical. This labeling has made applying for and approving a merchant account difficult. Medical Service. Most of payment processing companies consider nutraceutical industry. Nutraceutical merchants won't have. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. However, without the right merchant processing solution, your customers can become frustrated, and you can lose money through lost businesses. Apart from good integration options, reliable eCommerce payment processing accounts offer APIs to speed up transactions and more. 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. However, these providers do not. Contracts: Maintain written,. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers;. Our goal is to provide you with the lowest rates, fastest approvals, and best terms for payment processing. Businesses are often prohibited from accepting payments and processing transactions by underwriting banks. 673. Letter from bank. Large Average Ticket Size. The final step in your custom nutraceutical supplement business is to begin processing payments on your site. A valid, government-issued ID, such as a driver's license; Either a pre-printed voided check or a bank letter; Three months of your current bank statementsAffordable Access To Merchant Accounts For Nutraceutical Businesses High Risk Solutions designs customized merchant account solutions for this industry niche. 1-800-621-4893. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by. Matt Irwin • Jan 06, 2023. HRMA-LLC Mission: Our goal is to approve all merchants, regardless of the fact you have been shut down or turned down in. 1. You simply submit an application along with supporting documents. But. For the last few years, Nootropics, sometimes referred to as “smart drugs,” have been adding to the profits of the nutraceutical merchant account industry in ways that, up until now, could only be imagined. A Spotlight on the Nutraceutical Merchant Account Holders: Streamlining the Market Not all Supplements bought online are legit. Now, with no chargeback payments, you expand your sales, protect your customers, and increase your profits. 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. Traditional financial institutions may be wary of the industry's high-risk label, making it essential to seek out merchant accounts specifically tailored to the needs of nutraceutical e-commerce. And wait. If you're looking for payment solutions that will positively impact your business, Zen Payments is ready to help. 15% with an added $. Accept Payments Today. Redefining Nutraceutical Business with Credit Card and Crypto Merchant Accounts I. In 2018, seven democratic senators launched legislation to slow down the “revolving door” between major pharmaceutical firms and federal bureaus like the Drug Enforcement Administration (DEA) that control them. Nutraceutical Credit Card Processing. Zen Payments can help you get multiple merchant accounts, reducing the risk that you will be left without a way to accept payments. These businesses need a trusted company like PayKings to provide them with high risk credit card processing. To save yourself and your business a headache, you need to locate a high risk merchant account processor. The reason is that more and more people are looking into natural cures for their ailments. The MasterCard 3D Secure code is only for one-time use and is only. Services. Step #5: Get Help From the High-Risk Merchant Services Experts. Here are the 4 best ways for your business to accept credit card payments in the modern world. Male enhancement products are increasing in popularity each year, and the numbers tell the story. Six steps one should make to open a nutraceutical merchant account: 1. High risk products are products and services that are sold by merchants who operate within high-risk industries. With access to hundreds of US and international banks, all payments are covered. APPLY NOW 866. The Advantages of a High Risk Merchant Account for Nutraceutic. Step 4: Sell your nutra. 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 Processor Merchant Services Herbal Supplements and Nutraceuticals . The Challenges of Nutraceutical Credit Card Processing. Contact us today at 1-877-296-3690 to. Nutraceutical businesses can enjoy fast approvals, low processing fees, and reliable. We will also give you a few tips on how to choose. The nutraceutical industry — or nutra industry — has seen huge growth over the last 10 years. Certain industries are. At a compounded rate of 21% per annum, this dream will most likely come true. This can be a major issue for businesses that rely on timely funding to cover expenses and keep. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. You will have to wait for 3-5 days for your credit card processing account to be approved. Nutraceutical products merchant accounts are available for almost all product offerings including Anti-aging, blood sugar balancing, colon cleansers, dietary / hormonal supplements, immune system boosters, metabolic & musculoskeletal health products, nutritional beverages, skin care, sexual performance enhancers, stress management,. 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. It also encompasses intangible goods such as subscription accounts that give clients. A Canadian merchant account is a specific type of bank account that allows merchants to accept payments. Merchants with businesses that require high risk credit card. True PIN Debit (NOT Cashless ATM) and eCheck services that are 100% compliant and transparent. acquirer Any bank, financial institution, and. EN; SV; RU; Call: 800-616-8415. The nutraceutical industry (“Nutra”) is no laughing matter. Our offshore solutions provide long-term simple solutions to merchants who would otherwise be unable to process credit card and debit card transactions. These. can maintain a merchant A business that accepts credit cards for goods or services. G. Contact us already today if you are interested in getting nutraceutical merchant account by clicking on “Get a quote. High Risk. Reduced chargebacks– We are a reputable high-risk processor that offers a chargeback management system to all our customers. Nutra products range from oral supplements to teas, tinctures and salves. High Risk Nutraceutical Merchant Accounts. Card capture happens when a pending payment becomes complete as the business gives the go signal to. We provide online payment solutions for your business. Merchant A business that accepts credit cards for goods or services. 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. Many banks consider CBD sellers "high-risk," making merchant services — like simple credit card processing — a struggle. This is why, although nutraceuticals and dietary supplements have become a hot industry, they are a closely watched one. A credit card data capture, simply known as capture, is a legal step that happens during card payment processing. First, you need to find a merchant account provider. 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. The Smart Drug Industry. 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. Having access to a global market is something high risk merchant processors can provide to business owners, new or established. By partnering with Get Payment, nutraceutical business owners can access secure and efficient payment processing solutions that address the challenges associated with the nutraceutical sector. Merchant Stronghold have its Head quartered in Clearwater, Florida. It doesn't have to be. Check out our nutraceutical merchant accounts. For male enhancement. MaxPayNow offers Nutraceuticals Merchant Accounts and payment solutions for the Nutraceuticals Industry. A government-issued ID like a state-issued driver’s license. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. In fact, the industry is estimated to grow to a staggering $671 billion by 2024 worldwide. Merchant account providers specializing in high-risk industries understand the unique challenges faced by nutraceutical businesses and provide tailored solutions to meet their needs. Problems with. S. Moving Broker Merchant Accounts; MOTO; Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today! A nutraceutical merchant account is a specialized payment processing solution designed specifically for businesses operating within the nutraceutical industry. Host Merchant Services: Best for large high-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. Durango Merchant Services: Best for highest-risk businesses. 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. Our network of high risk financial institutions can provide the credit card processing services required by continuity businesses. Choose your Industry. Your customers need an integrated and secure payment gateway to purchase their supplements. We get nutraceutical merchants approved when other processors decline. S. Membership. Compatibility with the leading credit card providers. These transactions include telephone orders (MOTO) and online. International businesses selling their services and products within the US. Our specially. Nutraceuticals and supplements aren’t exactly “conventional”. com, know that nutraceutical merchant accounts are hard to come by. It offers additional functionality beyond payment processing. Nutraceutical companies rely on eCommerce and Mail Order/Telephone Order (MOTO) sales to scale their businesses. Apply Now. A merchant account is a specific type of bank account that allows merchants to accept payments. How to Find Your Merchant ID Number. Application for an offshore merchant account is always free, with no obligation. Increase your nutra merchant account stability with the right merchant account adviceNutraceutical merchant accounts are categorized as high risk mainly because of the number of chargebacks in the space. Open, effective communication is. This will allow customers. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. We provide a variety of payment methods, including high risk credit card processing, ACH, high risk echeck processing, and ecommerce bank transfers. Merchants enjoy instant conversion to their local fiat currency, or keep it in Bitcoin if you like. Accept credit card payments and monitor your processing with your nutraceutical merchant account. Our experienced staff will determine your specific needs and recommend a solution that meets your specific situation. Offshore or international merchant accounts allow you to accept various payment types. As initially mentioned, your merchant account ID number is not available for. Nutraceutical merchant accounts from High Risk Credit Card Processing Accounts. Platinum Relations is now able to provide High Risk / Off Shore credit card processing to any legal new or existing business. APPLY NOW! Req. First Name. Selling CBD is perfectly legal in the United States. Moneck Payment Solutions provides reliable high-risk merchant account solutions to the Travel Industry as a whole such as, travel agencies, travel services, vacation packages, and a multitude of other travel businesses and companies that are considered. Include your business email, contact numbers, and physical address if applicable. As a result, many merchants turn to offshore non-US processing solutions in order to remain in business. I am able to provide High Risk Nutraceuticals Merchant Accounts to any Legal Business with Fast Approvals. 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 ️. +208-806-2953. Here are the top 5 high risk merchants that are mostly likely to process high risk payments. It can be done through either a bank or an independent sales organization (ISO). Instead of worrying about your merchant account being locked or lost, focus on gaining new clients, stocking new items, and growing your business with a high risk supplements merchant account. Bank transfers are the safest online payment method available for nutra merchants. To get a nutraceutical merchant account, an online application is the quickest way to an approval. 3. High-Risk Merchant Accounts are not allocated based on ATV or expected volume. In fact, the industry is estimated to grow to a staggering $671 billion by 2024 worldwide. A payment gateway is an Internet application offered by merchant services providers for use to authorize high-risk credit card and debit card payment transactions. The business requires a safe merchant account solution but many of the banks do not prefer to provide them the account. 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. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. Professional Service. A merchant account is a specific type of bank account that allows merchants to accept payments. Gain insights into secure payment solutions. To increase your chances of approval, ensure the following documents are in order before filling out an application and submitting it to underwriting. And the best part – unlike ANY other merchant account provider we know of – we ACTUALLY have a 99% approval. Way2pay. So, generally after about three to six months that you have been processing. TranZlytics also offers advanced real-time reporting for faster and better use of CRM data. The nootropics industry is gaining popularity again, and with it, there is a demand for nootropics merchant accounts. International businesses selling their services and products within the US. Platinum Relations is now able to provide High Risk / Off Shore credit card processing to any legal new or existing business. Therefore, similarly to all company loans, your company’s previous conduct will make it possible for you to get more credit. Next, you need to choose an MSP that can support your business goals. 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. 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. 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. High-risk merchant accounts provide several tools and features to help nutraceutical merchants mitigate risk effectively. Most banks in the world dread dealing with nutraceutical industry. You can also include the last three months of bank statements in your business. This percentage has grown in recent years and companies selling supplements have increased as well. It’s undeniable that the nutraceutical market goes on growing at a rapid pace. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. Are you in the process of starting an herbal supplement business and need a merchant account? Or do you have an established business and are simply looking for better merchant account rates? TTG would be glad to help. Apply Now. . Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. First, the industry is regulated. CBD Sales and Payment Processing If your nutraceutical business includes CBD products, you are likely aware of the added complexities in the industry. High Risk Credit Card Processing. Performance Card Service (PCS) has over 20 years of experience in securing. According to statistics from the National Institutes of Health (NIH), 23 percent of men use male enhancement supplements. The rapid expansion of the nutraceuticals industry –food and drinks with possible health advantages – is driven by current shopper trends. Contact us to learn more about our services or start the application process today. Essential Services Menu Toggle. 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. Documents. Get Payment specializes in offering high risk nutraceutical merchant accounts, tailored to meet the unique needs of businesses in this industry. At Fibonatix, we offer comprehensive nutraceutical merchant services that prioritize both the security of transactions and the convenience of your customers. Our goal is to provide you with the lowest rates, fastest approvals, and best terms for payment processing. 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. Accept credit card payments online hassle-free. These two niches have different purposes and demand a different business approach. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. This post will provide an in-depth review of why the nutraceutical industry is considered high-risk and a list of the best high-risk credit card. Accounting for over $60billion in annual revenue, the nutraceutical market is expected to surpass $100billion by 2024. These transactions require a bank account number and routing number to process. The bank-to-bank transfers direct payment platform was designed specifically for high risk ecommerce businesses including nutraceutical merchants. S. Nutraceutical Merchant Account. The merchant account will deduct a small fee for each transaction before depositing the remainder of the money into the business’s bank account. Here is an overview of the process to set up a merchant account for online gaming: Research and choose a payment processor : Look for a payment processor that specializes in online gaming and has experience in dealing with the industry’s specific. SecureGlobalPay can assist with High-Risk Merchant Accounts for Nutra, Diet Programs, Weight Loss Supplements, and all Nutraceutical Related Businesses. So, merchants in this industry need to find a way to obtain one. Even more so, there seems to. This has led the banking industry to. These two niches have different purposes and demand a different business approach. Despite […]It all boils down to time. This means that this hold back percentage is taken out of each credit card sale until your allowed monthly volume is met. The Allied payment gateway has an industry-leading 99. Your information will be kept completely confidential. Mobile: A mobile merchant account is more portable and allows your company to accept nutraceutical payment through credit card face to face by attaching the swiping machine to your mobile or iPad. Your creditworthiness is evaluated to determine your eligibility for a nutraceutical merchant account, considering various risk and market factors. This is the perfect solution for a pop-up shop, trade show, or any. Do Stripe or Square Provide Nutra Merchant Accounts? eCommerce Nutraceutical Merchant Account Providers Does Stripe do Nutra? One may think that this payment… | 116 comments on LinkedInThe MasterCard SecureCode is a 3D Secure program adopted by MasterCard for the security of its customers. As a merchant, your best chance of opening a Nutra merchant account is dealing with a high-risk payment processing provider for your payment processing services. You need EMB. Now customers can set up recurring/subscription billing where they automatically pay at a specific time (usually on a monthly basis) through the use of credit cards, electronic checks, debit cards, ACH and direct deposits. EN. 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. For an instant quote on an Instabill nutraceutical merchant account, call us directly at 1-800-318-2713 or simply click the button to get started. Without a merchant account, these associations have no genuine method to recognize credit and check card transactions. Merchant Login. 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. Nootropics Gain Popularity But Lose Payment Processing Credibility. It is difficult to get a merchant account or payment solution for Nutraceutical businesses simply because of their high-risk nature. Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. Depending on the business’ industry, the history of the business or its owner, these can affect a merchant requires a high-risk merchant account in order to operate. Demand for nutraceutical products shows no signs of slowing down. Typically, our merchants are able to begin accepting credit cards within 3 business days. Donations and offline payments can be accepted through a merchant account using a hand-held credit card reader. Top High Risk Merchant Industries Here are the top 15 biggest high risk merchants that need payment processing. An hour later, you call the payment provider to find out what’s taking so long. Figures are projected to reach $358. The merchant account provider will usually require a high-risk account to process these payments. Acquiring and maintaining a reliable merchant account is a significant challenge for nutraceutical businesses. With access to scores of US and international banks, all payments are covered. You'll need to provide a wide range of documentation pertinent to your opening an account. Federal law requires credit repair companies to provide a contract for consumers. Applying for online credit card processing account is a straight-forward process. However,. So what’s the issue? Like many other nutraceutical sub-categories, nootropics are considered a high-risk according to card issuers such as Visa. According to recent reports, the Indian nutraceuticals market will probably make to the tune of $10 billion come 2022. O. Accept credit card payments online hassle-free. It will process credit cards and deposit that money in your bank. It’s really a relatively simple process; first off, choose a merchant account payment processor. International merchant accounts, on the other hand, take 7-14 days to be processed for approval. SMB Global: Best for international merchants. Our 99% approval rate ensures that even the most difficult business types or those with a history of bad credit – will find the best solution for their business. 325412: Pharmaceutical Preparation Manufacturing. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. Pos Systems. This alert system helps keep. Higher sales projections, lower credit scores, and inadequate financial standing may increase credit risk. We offer the industry's first transparent and compliant cannabis payment processing merchant account. Start accepting payments quickly and. 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. TranZlytics offers high risk merchants a Gateway and HUB built from the ground up for high-risk and CNP merchants. High risk nutraceutical merchant accounts are in high demand for payment processing. 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 ». Fraud Prevention ToolsMerchant 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. A merchant account makes it easy for your credit card customers to pay you. It takes place after a payment authorization officially transfers a customer’s fund into the merchant account. 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: #. Best Credit Card Processing for Nutraceutical Companies . 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. For an instant quote on an Instabill nutraceutical merchant account, call us directly at 1-800-318-2713 or simply click the button to get started. The ability to process credit cards, debit cards, and ach payments is a must in the timeshare. Nonetheless, experienced payment companies. These specialized accounts can. Because credit card processors may not approve your application unless you can provide proof that your products are sourced from a GMP-certified manufacturer. Unfortunately, many credit card processors would lean toward not to work with nutraceuticals associations. It is projected to leap 20 percent by 2019, and reach $6. S. Merchant bankruptcy is also a factor in why the nutraceutical industry is often viewed in a negative light. Merchants in the nutraceutical, pharmaceutical or multilevel marketing usually seek offshore or international payment processing solutions due to the generous volume caps. Secure your e-commerce merchant account with Qleen Pay and gain access to a reliable payment processing solution tailored for your online business. Simply fill out the form below. May 26, 2023. Nutraceutical Merchant Account . 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. You simply provide an application along with supporting documentation about your company. 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. E-commerce. For instance, the law disallows.