Payment Gateway for Adult Merchants. Applying for a Credit Merchant Account even with Bad Credit. They also struggle to secure the financing they need to grow their business and cover costs. Ecommerce merchant account accounts are approved in 1-3 days. Legitimate businesses that want to accept credit card payments can turn to eMerchantBroker. Although the nutraceuticals industry has hit the ground running, a few things are holding the industry back. We are able to provide merchants with a traditional high-risk merchant account accept credit cards for terpenes. PRODUCTS & SERVICES. This will ultimately make it harder for a merchant to apply for a high risk merchant account, given their negative credit history. If you’re trying to get an herbal and vitamin merchant account, Zenti can help you get the payment solutions you need for your high-risk business. No longer will customers call to purchase or. Membership & Recurring Billing With a high-risk merchant account, you can confidently promote your nutraceutical products, services, and subscriptions, without jeopardizing. 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. The diet and weight loss. Online Gambling Merchant Account. 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. 1. Best Nutraceutical Merchant Account Providers (2023) Best Merchant Accounts for Kratom (2023) Best Merchant Accounts for Online Gambling (2023). These. This is because nutraceuticals and supplements are more prone to chargebacks than other products, especially when they are sold over the internet. This alert system helps keep. High volume Nutra merchant accounts are our specialty. The eCommerce merchant account comes with quick and easy 24/7 support. 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. High Risk Merchant Accounts: Many businesses selling products or services need to be able to accept payments from customers through non-cash methods such as credit cards, ACH, and eCheck. These businesses need a trusted company like PayKings to provide them with high risk credit card processing. 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. We provide natural supplement merchant accounts for the following: Startups and existing businesses – we help all types of businesses. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy,. For Visa/Mastercard, the three-digit CVV number is printed on the. Chargebacks occur whenever a customer returns an item or they pay with a bad check or over-extended credit card. But unusually high numbers of merchants are being declined for merchant accounts in their quest to accept credit card orders online. Quick & Easy Merchant Account Setup! Contact our nutraceutical team. We provide medical credit card processing, medical merchant accounts, and medical payment solutions for the following types of medical facilities: Medical Doctors (MD). The Challenges of Nutraceutical Credit Card Processing. Even if you have been previously rejected by other credit card processors or have a bad credit score and. Having access to a global market is something high risk merchant processors can provide to business owners, new or established. The flawless solution for High-Risk BusinessesMerchant Services. Likewise, the sexual enhancement supplements market is expected to reach 324 million USD by 2025. Free application with no obligation. Many herbal products are also referred to as nutraceuticals. National Merchants Association. Fast approvals and easy integrations, start today!. One-time & Recurring Payments. 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. We current service and support over 250,000 merchants and 3,500 Banks and Credit Unions since 1960: - Credit/Debit Card Payment Processing & POS Equipment - Electronic Check and ACH Payment. High Risk Credit Card Processing. Even more so, there seems to. 5% plus 15 cents for manually keyed transactions. 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 LinkedInA merchant A business that accepts credit cards for goods or services. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. Free setup and zero upfront fees. The Main Benefits to the API: Supports all types of transactions from sales to credit and voids. The market for nutraceuticals, sometimes known as “nutra,” is expanding both. Our clients enjoy our feature-packed merchant services including: Streamlined operations with one point of contact dedicated to your needs. In fact, the industry is estimated to grow to a staggering $671 billion by 2024 worldwide. For instance, the law disallows. Without a mer. Essential Services Menu Toggle. Nutraceutical Merchant Accounts Ready to take your nutraceutical business to the next level? Merchant accounts for nutritional supplements We are the #1 provider of. Consider factors like rates, customer service, experience in the nutraceutical industry, and their ability to handle the unique needs of your business. When a payment processor closes your account, you are tagged as a Terminated Merchant. . Problems with. The market for nutraceuticals, sometimes known as “nutra,” is expanding both domestically and internationally. 9 billion. A nutraceutical merchant account is a specialized payment processing solution designed specifically for businesses operating within the nutraceutical industry. 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. As a result, it may make banks hesitant to approve merchant accounts for this.  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. 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. The Comprehensive Guide to Healthcare Credit Card Processing. In thisUSABancard is leading the industry for payments companies who are considered to be a high risk nutraceutical merchant account provider. Tech Support Merchant Accounts. It enables nutraceutical merchants to securely process payments for a wide range of dietary supplements, vitamins, herbal products, and other nutraceuticals. 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. A nutraceutical merchant account is a type of merchant account that is specifically designed for businesses that sell nutraceutical products, such as dietary supplements, vitamins, and other health-related products. 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. Secure your e-commerce merchant account with Qleen Pay and gain access to a reliable payment processing solution tailored for your online business. 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. Merchant accounts provide entrepreneurs and individuals alike the ability to generate revenue using their own website or preferred eCommerce solution. 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. You’ll have to provide extensive information, including credit history, credit score, personal financial statements, bank statements, and much more. The reason is that more and more people are looking into natural cures for their ailments. The solution includes transaction analytics and fraud prevention and built-in advanced chargeback management. When choosing a high-risk payment processor, be sure to ask as many questions as necessary. A subsidiary of Visa, Authorize. com’s expert team can help you receive a merchant account for your online, shopping cart, recurring billing or free trial nutraceutical business in as little as 24 hours. Details On The Nutraceutical Credit Card Processing. 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. always opt for a credit card merchant. We offer high-risk merchant accounts in a variety of industries. The sale of peptides online through the use of credit card payments is deemed high risk by many banks in the US. During the application process, you’ll provide business details and financial. High ticket merchants and merchants with bad credit. This has created a significant demand for online credit card sales and nutraceutical merchant account services. Stay processing and keep track of your transactions with your nutraceutical merchant account. At SeamlessChex, we provide solutions that help your business get back on track. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by. A merchant account is a specific type of bank account that allows merchants to accept payments. Our merchant card accounts allow you to accept all major credit cards, including Visa, MasterCard, Discover and American. 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. High Risk Credit Card Processing. We at EMB, or eMerchantBroker. According to reports, the global nutraceutical market is worth $233. Nootropics Gain Popularity But Lose Payment Processing Credibility. A start up mineral nutraceutical business needs the ability to accept payments for online sales. 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. Retail tobacco shops can generally find payment processing for their business with ease. Plus, we offer a wide range of automated billing and. 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. See Full List of Supported High Risk Industries. A merchant account is a specific type of bank account that allows merchants to accept payments. You're in control. Some storefront and MOTO businesses use payment. When choosing a merchant account provider, one should always be sure to ask the right questions — things such as rates, fees and funding time are all very important. May 26, 2023. Nutra has nothing to do with pharmaceuticals. Hard to Place Merchant Accounts; Credit Card Processing; Credit Card. 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. Obtaining nutraceutical credit card processing is a challenge sellers face. 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. All Services;. Many retail and online merchants use a gateway and its integrated virtual terminal. Currently the. B. Disclosures: Provide a ‘Consumer Credit File Rights under State and Federal Law’ disclosure to customers before signing any contracts. 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. Nutraceutical merchant accounts for enterprises selling nutraceuticals online and require credit card processing to sell their products. Merchant accounts provide entrepreneurs and individuals alike the ability to generate revenue using their own website or preferred eCommerce solution. Like credit card processing in a retail environment, an Internet merchant account uses the same credit authorization process. 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. (As as long as it doesn't contain more than 0. Payment processing would include credit card processing, debit card processing, and ach payment processing. Your information will be kept completely confidential. You need EMB. And wait. Get the. This is where the Nutra merchant account comes into work. 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 ️. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. But. 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. 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. Complete Merchant Services for Nutra Product Retailers. To get a merchant account, one must submit an application with a merchant account provider. 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. Your high-risk status will depend on your type of business, your credit score, processing volume, and more. Online: 15 agents Nutra & Supplement Merchant Account Secure nutraceutical credit card processing with PaymentCloud and get the tools, security, and support you need. 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®,. The most common merchant services companies are Square, Stripe, and Braintree. If you have been Previously rejected or discarded by another processor, we can help you get back on track. 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. From vitamins and minerals to probiotics and sports supplements,. This percentage has grown in recent years and companies selling supplements have increased as well. However, there are various high-risk merchant accounts that nutraceutical companies can apply for to process credit cards through their website and avoid expensive FDA studies. To get a merchant account, one must submit an application with a merchant account provider. Without a merchant account, you will not be able to accept payment via credit card or debit card. Access to new, emerging markets: With an offshore merchant account, an e-commerce merchant, for example, in the U. S. . Your information will be kept completely confidential. Contact us online through our web page or call us toll-free at 1-888-548-5649 today to learn more about our special brand of telemarketing merchant account services and payment gateways. As a result, many merchants turn to offshore non-US processing solutions in order to remain in business. Banks and credit unions may provide check verification services, but keep in mind that their policies vary. Nutraceutical merchants won't have. To get a merchant account, one must submit an application with a merchant account provider. These two niches have different purposes and demand a different business approach. It is difficult to get a merchant account or payment solution for Nutraceutical businesses simply because of their high-risk nature. 06 billion (2018) to $49. A vacation club merchant account provides vacation clubs the abilities to accept payments on memberships from their customers. Accept Payments Today. These transactions are ideal because the customer is present at the time of sale. A bad credit merchant account is a specialized payment processing solution designed specifically for businesses with poor. We get nutraceutical merchants approved when other processors decline. Nutraceutical Merchant Accounts; Tech Support; High Risk Merchant Accounts; Low Cost Credit Card Processing; CBD Merchant Accounts. Authorize. 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. 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. Full access to tokenization through our Customer Vault. Nutraceutical Merchant Accounts. Get Your E-commerce Merchant Account. Nutra merchant accounts are in high demand and finding the right high-risk eCommerce merchant account nutraceutical provider is of utmost importance. 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. As with labeling and advertising regulations, the payment processing regulations surrounding nutraceuticals can be a minefield of. Typically, our merchants are able to begin accepting credit cards within 3 business days. This means that this hold back percentage is taken out of each credit card sale until your allowed monthly volume is met. 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. CBD Sales and Payment Processing If your nutraceutical business includes CBD products, you are likely aware of the added complexities in the industry. A merchant account is a specific type of bank account that allows merchants to accept payments. This includes the sale of Supplements, Vitamins, Herbs, and other Nutraceuticals, that may be considered High-Risk by some payment processors. It is flexible and can scale with your business. Card capture happens when a pending payment becomes complete as the business gives the go signal to. It will process credit cards and deposit that money in your bank. Retail. Membership. These two niches have different purposes and demand a different business approach. As a rule, nutraceuticals use the following NAICS code:. Donations and offline payments can be accepted through a merchant account using a hand-held credit card reader. Worth already $382. services that are available. With access to hundreds of US and international banks, all payments are covered. Offshore or international merchant accounts allow you to accept various payment types. In fact, many banks have. Federal law requires credit repair companies to provide a contract for consumers. The accounts enable acceptance of payments from customers in the US and overseas. what is a high risk merchant account. You have to meet your customer’s expectations by providing a way for them to pay via a debit or credit card. This is well over what Visa considers an excessive level of chargebacks. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. Common Types of Nutraceuticals. 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. APPLY NOW 866. How do I find the best nutraceutical merchant account providers? Start by researching providers online, looking at reviews, and comparing features. Nutra has nothing to do with pharmaceuticals. Despite […]It all boils down to time. Payment processors use this information to assess your eligibility for a high risk merchant account within the nutraceutical industry, taking into account various risk and market factors. A Canadian merchant account is a specific type of bank account that allows merchants to accept payments. A credit card data capture, simply known as capture, is a legal step that happens during card payment processing. 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. Easy Pay Direct offers top tier merchant account services with outstanding customer support. 98% approval rates for high risk credit card processing. Best Credit Card Processing for Nutraceutical Companies . 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. More importantly, Easy Pay Direct would love to play it’s part in helping you achieve your goals and service your consumers smoothly. To increase your chances of approval, ensure the following documents are in order before filling out an application and submitting it to underwriting. To get a merchant account, one must submit an application with a merchant account provider. Cheapest Rates Merchant Account Services for Your Company Herbal Supplements and Nutraceuticals . Further projections have the U. Call us Toll Free (866) 509-7199. An hour later, you call the payment provider to find out what’s taking so long. 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. At IPP, we provide Nutra merchants with the best premium high-risk nutraceutical merchant services, credit card processing, and merchant approval. Choose your Industry. How to Find Your Merchant ID Number. One unique feature of eMerchantBroker is. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. An online business generally utilizes a payment gateway, but transactions are not limited to e-commerce online payments. 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. A high risk merchant account can provide you with the capability to create revenue utilizing your website or preferred eCommerce option. 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. Typically, our merchants are able to begin accepting credit cards within 3 business days. Get started right now by contacting us online or giving our merchant services specialists a call at 844-661-0725. Without a mer. 3%. Your creditworthiness is evaluated to determine your eligibility for a nutraceutical merchant account, considering various risk and market factors. Payment processing companies provide merchant accounts easily. Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. Online. They’re so well-established in fact that they work with over 60,000 merchants. This fundamental and essential component is critical to the success of the vacation club industry. 4 billion as of 2015, and is estimated to reach $204. TailoredPay also works with both small and large businesses across multiple industries and sectors. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and. There are slightly higher credit card processing fees and a reserve fund is commonly, although not always, required for nutraceutical merchant. Here are the top 5 high risk merchants that are mostly likely to process high risk payments. These products include dietary supplements, weight-loss aids, colon cleansers, skin care products and anti-aging products. International nutraceutical merchant accounts are approved 7-14 days after the application file has been received. Business dealing in such products is categorized as high-risk business and most conventional banks and merchant processors will not. Many big merchant account providers refuse to process payments for this industry due to the legal ambiguities and potential for chargebacks. Merchants that are operating high-risk businesses online will also need to use the services of a payment gateway to accept bank card information from customers. According to recent reports, the Indian nutraceuticals market will probably make to the tune of $10 billion come 2022. Accept credit card payments online hassle-free. If you're looking for payment solutions that will positively impact your business, Zen Payments is ready to help. We provide natural supplement merchant accounts for the following: Startups and existing businesses – we help all types of businesses. EN; SV; RU; Call: 800-616-8415. nutraceutical merchant accounts rely heavily on front-end payment gateway. Organizations that deal with a large number of transactions monthly are advised to avail. You fill out the form, submit a few documents, and wait. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. See moreApply for a Nutraceutical Merchant Account to Accept Credit Cards. Businesses that have a more than 3% chargeback ratio can have their merchant accounts terminated by credit card processors. E-commerce. Merchant bankruptcy is also a factor in why the nutraceutical industry is often viewed in a negative light. Step #5: Get Help From the High-Risk Merchant Services Experts. Industries like travel, credit repair, ecommerce, nutraceutical, collection agency, tech support,. In addition, Vector Payments can provide additional guidance to help companies to meet their requirements. Nutraceutical companies offer a lot to their consumer base, which includes anyone looking to improve their health or beauty—so, everyone. Many herbal payment processors might offer kratom credit card processing services however, kratom is a prohibited product by the card networks. While products change, one thing that stays the same is the hassle of locating a nutraceutical merchant account provider. Make sure your new MSP offers a dedicated merchant account and can meet all of your needs for processing payments in. We also provide in-house pre-underwriting of your supplement merchant account application. 6 billion by 2017. This prohibition can be for several things, including the owner’s financials or credit background to the sales history, transaction types, or industry that the business operates within. These specialized accounts can provide. Merchant account providers specializing in high-risk industries understand the unique challenges faced by nutraceutical businesses and provide tailored solutions to meet their needs. Check out our nutraceutical merchant accounts. , is opening his/her doors to the world. If. EquipmentA high-volume merchant account will allow you to have access to merchant processing services and online payment gateways. The ability to process credit cards, debit cards, and ach payments is a must in the timeshare. We know you’ve probably thought that, though, which is why you should switch to a high-risk nutraceutical merchant account, but more on that later. Create a proper label of contents. Nutraceutical merchant accounts from High Risk Credit Card Processing Accounts. Professional Service. Merchant Stronghold specializes in high risk and offshore merchant accounts. They’re so well-established in fact that they work with over 60,000 merchants. Get Payment specializes in offering high risk nutraceutical merchant accounts, tailored to meet the unique needs of businesses in this industry. You have to meet your customer’s expectations by providing a way for them to pay via a debit or credit card. This is a company that will provide you with the ability to accept credit card payments. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. To get a merchant account, one must submit an application with a merchant account provider. 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. Our highly skilled team has merchant accounts for businesses with processing volumes ranging from $20,000-$100,000,000 and up per month. Yet the reality of the situation is such that these natural and synthetic supplements and drugs, used primarily. At Karma Payment Solutions, we mean it when we say we’re committed to making securing the payment processing you need to grow your business as painless as possible. Retail Payments. Reserves can be held for 180 days after account closure before they are released. By leveraging the ACH network, businesses can streamline their payment processes and reduce the reliance on cash transactions, enhancing security and minimizing the risks associated with handling large amounts of cash. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. Traditional banks are not going to make it easy to open and maintain a merchant account for a nutraceutical business. Credit Card Processor Merchant Services Herbal Supplements and Nutraceuticals . We at EMB are here to help you, via email, phone, or live internet chat. Get the processing capacity you need to manage & grow your nutraceutical business. 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. First Name. Contact us today at 1-877-296-3690 to. Industries. Nutraceutical Merchant Account Solutions Made Simple. Membership & Recurring Billing. Merchant processing would include credit cards, debit cards, gift cards, stored value cards, and high risk ach processing. Letter from bank. 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. 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. Nutra merchant accounts are in high demand and finding the right high-risk eCommerce merchant account nutraceutical provider is of utmost importance. Other products and services considered high risk. 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. Step 3: Choose a New MSP that Fits Your Needs. Setting up a nutraceutical merchant account with recurring billing for your business is quite simple. Nutraceutical Merchant Account. A government-issued ID like a state-issued driver’s license. CyoGate does offer credit card processing solutions specifically for merchants in the online and mail order nutraceutical industry and we do have both domestic US and international solutions available. government regulates nutraceutical businesses, which means these. Retail Payments. If you sell supplements, diet pills, or any. Minimum monthly processing to qualify for an account is $50K. While boosting sales is crucial for any business, mitigating risk is equally important, especially in a high-risk industry like nutraceuticals. Check out our nutraceutical merchant accounts today and. The nutraceutical industry — or nutra industry — has seen huge growth over the last 10 years. will be your last nutraceutical merchant account provider. First, on the high risk merchant list is nutraceuticals. You will be contacted within one business day . Typically the holdback amount with high risk services is bewteen 5 and 10%. 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. Acquiring and maintaining a reliable merchant account is a significant challenge for nutraceutical businesses. Nutraceutical Merchant Accounts: Nutraceuticals provide consumers with continuous monthly product shipments, from weight-loss supplements to energy boosters. Get Started Today. DigiPay knows how to navigate the high-risk nutraceutical payment processing space and has developed exclusive partnerships that allow for our qualified. 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 ». Even US based businesses operating internationally. So what’s the issue? Like many other nutraceutical sub-categories, nootropics are considered a high-risk according to card issuers such as Visa. The nutraceutical industry (“Nutra”) is no laughing matter. Traditional banks are not going to make it easy to open and maintain a merchant account for a nutraceutical business. An appropriate label of contents is a must. Nonetheless, experienced payment companies. 1. Nutra Payments Offers Retail & High Risk Nutraceutical Merchant Accounts. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Chargebacks: The 411. Apart from good integration options, reliable eCommerce payment processing accounts offer APIs to speed up transactions and more. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their. 6 billion by 2017. Benefits of a Kava Merchant Account Services. Applying for online credit card processing account is a straight-forward process. We can provide your business the ability to accept credit cards with one of our merchant account providers. Contact us today! Tags: Credit card processing for nutraceutical business. Nutraceutical Merchant Accounts. International businesses selling their services and products within the US. Why is it so? They deal directly with the trusted banks. This implies the. However, without the right merchant processing solution, your customers can become frustrated, and you can lose money through lost businesses. You'll need to provide a wide range of documentation pertinent to your opening an account. To get a high risk merchant account for your nutraceutical business, you need to apply to ahigh risk merchant services provider that has a bank sponsor relationship that’s willing to accept nutraceutical businesses. Copy of call center agreement.