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. The list includes. To get a merchant account, one must submit an application with a merchant account provider. Applying for online credit card processing account is a straight-forward process. More importantly, Easy Pay Direct would love to play it’s part in helping you achieve your goals and service your consumers smoothly. These businesses need a trusted company like PayKings to provide them with high risk credit card processing. While products change, one thing that stays the same is the hassle of locating a nutraceutical merchant account provider. 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. Let High Risk Solutions provide your business with the best merchant account services at the guaranteed lowest price!This is where nutraceutical is seeing a positive increase in the potential; the name is from a mix of the words nutrition and pharmaceutical and whilst it is supplements, extracts of actual food, it has no restrictions like the rules governing medicines, making a perfect business opportunity. 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. Applying for a high-risk merchant account with PayDiverse is a simple 3-step process: Complete our secure, online application form. First, you need to find a merchant account provider. Choosing an ideal payment gateway for your nutraceutical company whittles down the risks that come with processing. Without a merchant account, these associations have no genuine method to recognize credit and check card transactions. A merchant account is a specific type of bank account that allows merchants to accept payments. This has led the banking industry to. 25. 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. Call 1-888-405-3093 To Get Started. This is a company that will provide you with the ability to accept credit card payments. This is because nutraceuticals and supplements are more prone to chargebacks than other products, especially when they are sold over the internet. Nutraceutical companies often use a nutraceutical payment gateway to intelligently route transactions to multiple credit card processors. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by. As compared to credit card and debit card processing, ACH processing has a lower cost. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. One gateway, One Application, One Point of Contact – multiple merchant accounts. We also partner with 3 rd party vendors to provide affordable merchant accounts and credit card processing services. Top High Risk Merchant Industries Here are the top 15 biggest high risk merchants that need payment processing. The nutraceutical industry — or nutra industry — has seen huge growth over the last 10 years. Other products and services considered high risk. Fine jewelry merchant accounts Five Important Tips for Retailers Switching to EMV Credit Card Processing Fraud. SMB Global: Best for international merchants. Nutraceutical Credit Card Processing. what is a high risk merchant account. A start up mineral nutraceutical business needs the ability to accept payments for online sales. Retail tobacco shops can generally find payment processing for their business with ease. Full access to tokenization through our Customer Vault. International nutraceutical merchant accounts are approved 7-14 days after the application file has been received. The Comprehensive Guide to Healthcare Credit Card Processing. According to the Council for Responsible Nutrition, 80% of Americans use some type of supplement. 9 billion. . Here are the main benefits to you. Pet supply merchant accounts Storage facility merchant accounts with AMSLV Seminar Merchant Accounts Herbal Products and. Here are the top 5 high risk merchants that are mostly likely to process high risk payments. Yet the reality of the situation is such that these natural and synthetic supplements and drugs, used primarily. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. CBD Sales and Payment Processing If your nutraceutical business includes CBD products, you are likely aware of the added complexities in the industry. Payment processors that accept alcohol businesses will have additional guidelines for the merchants to complete prior to account approvals. You can also include the last three months of bank statements in your business. The business requires a safe merchant account solution but many of the banks do not prefer to provide them the account. Reserves can be held for 180 days after account closure before they are released. 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. Our friendly and skilled representatives are standing by ready to assist you. Platinum Relations is now able to provide High Risk / Off Shore credit card processing to any legal new or existing business. You may need a rolling reserve account with a cap of up to 50% of the average monthly volume. We provide a variety of payment methods, including high risk credit card processing, ACH, high risk echeck processing, and ecommerce bank transfers. Retail Payments. Disclosures: Provide a ‘Consumer Credit File Rights under State and Federal Law’ disclosure to customers before signing any contracts. Obtaining nutraceutical credit card processing is a challenge sellers face. Domestic and international solutions with no contracts, low rates and next day funding. 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. These two niches have different purposes and demand a different business approach. Our fast application process allows businesses to. The Allied payment gateway has an industry-leading 99. Copy of the fulfillment agreement. Despite the money-making potential for nutraceutical businesses, companies are. At a compounded rate of 21% per annum, this dream will most likely come true. Bitcoin payments are quick and convenient. Your customers need an integrated and secure payment gateway to purchase their supplements. Demand for nutraceutical products shows no signs of slowing down. The experts at First Card Payments offer chargeback prevention and high-risk credit card processing tips to give your business the best shot at success. 7650 South McClintock Dr #103-437 Tempe, AZ 85284 1-888-405. At Fibonatix, we offer comprehensive nutraceutical merchant services that prioritize both the security of transactions and the convenience of your customers. Your creditworthiness is evaluated to determine your eligibility for a nutraceutical merchant account, considering various risk and market factors. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. 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 ». We have a step by step proces to secure CBD Merchant Accounts. We will also give you a few tips on how to choose. 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. In fact, the industry is estimated to grow to a staggering $671 billion by 2024 worldwide. Offshore or international merchant accounts allow you to accept various payment types. 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 list includes solutions and best practices on how to get accepted for a merchant account. A government-issued ID like a state-issued driver’s license. Our merchant card accounts allow you to accept all major credit cards, including Visa, MasterCard, Discover and American. As a result, many merchants turn to offshore non-US processing solutions in order to remain in business. Next, you need to choose an MSP that can support your business goals. Our application process is super simple and because we specialize in high risk business , our. The nutraceutical industry is prone to chargebacks for a variety of reasons, causing merchant A business that accepts credit cards for goods or services. We provide natural supplement merchant accounts for the following: Startups and existing businesses – we help all types of businesses. Get the processing capacity you need to manage & grow your nutraceutical business. Membership. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. At IPP, we provide Nutra merchants with the best premium high-risk nutraceutical merchant services, credit card processing, and merchant approval. S. Currently the. How do you go about getting a high risk merchant account for your nutraceutical business? Glad you asked. While recurring/subscription billing services are increasingly common, they can still be viewed by banks as a high risk. 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. Credit card companies charge payment processing fees for each ecommerce transaction. Payment Gateway for Adult Merchants. High risk products are products and services that are sold by merchants who operate within high-risk industries. Secure your e-commerce merchant account with Qleen Pay and gain access to a reliable payment processing solution tailored for your online business. 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. PayFasto provides nutraceutical merchant accounts for businesses with the best terms on the market and we ensure you get a bank specializing and understanding high risk industries like credit card processing for nutraceuticals. That leaves your business without a way to take credit card payments, which usually means that your revenue stops. 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. Setting up a nutraceutical merchant account with recurring billing for your business is quite simple. This is why, although nutraceuticals and dietary supplements have become a hot industry, they are a closely watched one. The most common merchant services companies are Square, Stripe, and Braintree. Our goal is to provide you with the lowest rates, fastest approvals, and best terms for payment processing. This will allow customers. Letter from bank. Free setup and zero upfront fees. Why You Need Nutraceutical Credit Card Processing. . (As as long as it doesn't contain more than 0. A vacation club merchant account provides vacation clubs the abilities to accept payments on memberships from their customers. Nutraceutical businesses come under the category of high risk. Most financial institutions will provide a list of the legal documentation along with internal documents required the payment card networks. This will ultimately make it harder for a merchant to apply for a high risk merchant account, given their negative credit history. The list includes solutions and best practices on how to get accepted for a merchant account. 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. Open, effective communication is. Six steps one should make to open a nutraceutical merchant account: 1. Finding a Reliable Supplements Merchant Account. When a customer makes a payment in this way, otherwise known as a card-not-present transaction, the money is processed into the merchant account before passing. The American Clearing House (ACH) offers a type of payment that is 100% electronic but does not involve a credit or debit card. Step 4: Sell your nutra. Although the nutraceuticals industry has hit the ground running, a few things are holding the industry back. APPLY NOW! Req. Payment Processing Barrier to Growth for Nutra Merchants. These. This labeling has made applying for and approving a merchant account difficult. A dedicated credit repair merchant account and credit repair payment gateway can simplify the process. TranZlytics also offers advanced real-time reporting for faster and better use of CRM data. Slideshow 9917644 by reigyansmith. 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. . 6 billion by 2017. PayPal transactions are fast solutions that provide high levels of security and functionality that required various credit card networks including Visa, MasterCard, American. We provide secure payment gateways (shopify, woocommerce, etc), ach & credit card processing. 3% plus 30 cents for invoices. 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. Technical support companies selling IT consulting packages on a monthly basis, may want to. Authorize. Our payment gateway services give you access to information regarding your merchant account solutions. Step #5: Get Help From the High-Risk Merchant Services Experts. If you're looking for payment solutions that will positively impact your business, Zen Payments is ready to help. Payment processing companies provide merchant accounts easily. Nonetheless, experienced payment companies. These transactions are ideal because the customer is present at the time of sale. S. An online business generally utilizes a payment gateway, but transactions are not limited to e-commerce online payments. Reduced chargebacks– We are a reputable high-risk processor that offers a chargeback management system to all our customers. If you have been Previously rejected or discarded by another processor, we can help you get back on track. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. A merchant account is a specific type of bank account that allows merchants to accept payments. One of the riskiest is the nutraceutical industry, which affects most consumers on a daily basis. These businesses need a trusted company like PayKings to provide them with high risk credit card processing. 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. This happened because the DEA in 2017 listed kratom as a “Drug of Concern” and most financial services companies cut ties with these businesses. With online businesses, this convention is the norm. Simply fill out the form below. So what’s the issue? Like many other nutraceutical sub-categories, nootropics are considered a high-risk according to card issuers such as Visa. There are two main reasons for this. These providers often have experience working with companies in the industry and can offer tailored solutions to help manage risk. Nutraceutical Merchant Account . Without a merchant account, you will not be able to accept payment via credit card or debit card. 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. This is the perfect solution for a pop-up shop, trade show, or any. Merchant account providers specializing in high-risk industries understand the unique challenges faced by nutraceutical businesses and provide tailored solutions to meet their needs. 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. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their. 3% for a debit card. 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. Your financials will also be under investigation, along with your business and personal assets, credit, and civil and criminal history. All Nutraceutical Merchants welcome. This type of credit card processing for nonprofits generally carries a transaction fee amounting to 2. We offer high-risk merchant accounts in a variety of industries. Apply Now. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. Nutraceutical Merchant Account. Industries like travel, credit repair, ecommerce, nutraceutical, collection agency, tech support,. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. CVV stands for “card verification value,” which serves as an additional security feature when you’re making “card-not-present” purchases, like over the internet or phone. 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. You'll need to provide a wide range of documentation pertinent to your opening an account. I. 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. Voted the #1 High Risk Merchant Services Provider in 2015, and 2016. This includes information on individual transactions and batch totals with comprehensive reporting tools. Accept credit card payments and monitor your processing with your nutraceutical merchant account. It’s undeniable that the nutraceutical market goes on growing at a rapid pace. High Risk Credit Card Processing. S. Merchant Login. Our experienced staff will determine your specific needs and recommend a solution that meets your specific situation. But unusually high numbers of merchants are being declined for merchant accounts in their quest to accept credit card orders. The subscription business may include tangible goods such as monthly magazine issues, subscription boxes, and health supplements, to name a few. The majority of nutraceutical merchants who come to us have recently had their old processor shut down. Acquiring and maintaining a reliable merchant account is a significant challenge for nutraceutical businesses. Merchant accounts provide entrepreneurs and individuals alike the ability to generate revenue using their own website or preferred eCommerce solution. Harbortouch Free POS. Durango Merchant Services: Best for highest-risk businesses. As a rule, nutraceuticals use the following NAICS code:. The eCommerce merchant account comes with quick and easy 24/7 support. The merchant account will deduct a small fee for each transaction before depositing the remainder of the money into the business’s bank account. In thisUSABancard is leading the industry for payments companies who are considered to be a high risk nutraceutical merchant account provider. It enables nutraceutical merchants to securely process payments for a wide range of dietary supplements, vitamins, herbal products, and other nutraceuticals. A Spotlight on the Nutraceutical Merchant Account Holders: Streamlining the Market Not all Supplements bought online are legit. This is a company that will provide you with the ability to accept credit card payments. Therefore, a high risk merchant account is required for these retailers to accept credit & debit cards. Likewise, the sexual enhancement supplements market is expected to reach 324 million USD by 2025. International businesses selling their services and products within the US. Why we like it: Square offers payment services based on a flat-rate processing model without a monthly. Nutraceutical Merchant Accounts Ready to take your nutraceutical business to the next level? Merchant accounts for nutritional supplements We are the #1 provider of merchant accounts for the nutraceutical industry, connecting you with payment solutions in as little as 48 hours after approval. Durango Merchant Services: Best for highest-risk businesses. Merchant Stronghold have its Head quartered in Clearwater, Florida. With access to hundreds of US and international banks, all payments are covered. 3099. One-time & Recurring 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. Nutraceutical products (commonly known as Nutra products) have formed a billion dollar market. As a payment aggregator, PayPal operates between the merchants and customers, managing transactions, funding of accounts and the security of transactions. I am able to provide High Risk Nutraceuticals Merchant Accounts to any Legal Business with Fast Approvals. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy, seamless. To get a nutraceutical merchant account, an online application is the quickest way to an approval. At eMerchant Authority, we provide merchant solutions that are tailored to the unique needs of debt collection firms. account through an agent, which is required to process credit card payments. Apply Now. The label “ high risk A merchant that is considered a high risk based upon the credit,. At Fibonatix, we offer comprehensive nutraceutical merchant services that prioritize both the security of transactions and the convenience of your customers. 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. First MCS Merchant Services Menu Toggle. After convincing people to buy dietary supplements and herbal products online, nutraceutical merchant accounts rely heavily on front-end payment gateway technology when accepting credit and debit cards for their sales. EN. 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. Nutra products range from oral supplements to teas, tinctures and salves. 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. These transactions require a bank account number and routing number to process. Or Call: 800-993-6300. Credit card payments transacted online or by phone are. You will be contacted within one business day . Many herbal payment processors might offer kratom credit card processing services however, kratom is a prohibited product by the card networks. Online. Merchant accounts provide entrepreneurs and individuals alike the ability to generate revenue using their own website or preferred eCommerce solution. Nutraceutical merchant accounts are the ideal solution for online nutrient, dietary supplement, and herbal product manufacturers and retailers looking to grow their business and put the pains of finding high volume processing capacity behind them. Professional Service. Explore how high-risk merchant accounts are transforming the nutraceutical industry. Without a merchant account, these businesses have no way to accept credit and debit card transactions. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. Retail Payments. A nutraceutical merchant account is a custom-made bank account for businesses in the nutra space. If you are finally looking forward to spreading your business worldwide, it is important to have. 06 billion ). Free setup and zero upfront fees. will be your last nutraceutical merchant account provider. Contact us to learn more about our services or start the application process today. Details On The Nutraceutical Credit Card Processing. It takes place after a payment authorization officially transfers a customer’s fund into the merchant account. National Merchants Association. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the region. Diversify your nutraceutical merchant accounts to mitigate risk. ACH. The process may take up to 6 months, with an initial registration fee of about $10,000 for the first year, and $5,000 for the following. Consider factors like rates, customer service, experience in the nutraceutical industry, and their ability to handle the unique needs of your business. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them securely. +208-806-2953. In fact, transactions happen almost instantly. An appropriate label of contents is a must. First Name. They’re so well-established in fact that they work with over 60,000 merchants. Create a proper label of contents. Nutra has nothing to do with pharmaceuticals. Most of payment processing companies consider nutraceutical industry. Merchant processing would include credit cards, debit cards, gift cards, stored value cards, and high risk ach processing. True PIN Debit (NOT Cashless ATM) and eCheck services that are 100% compliant and transparent. What Are Nutraceutical Merchant Accounts? A nutraceutical merchant account is required to accept and process card payments. Online Credit Card Processing. 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. It doesn't have to be. Some storefront and MOTO businesses use payment. A merchant account is necessary for these types of methods. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. High volume Nutra merchant accounts are our specialty. Protect your nutraceutical business from exorbitant bank holds and reserves. You're in control. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers;. What Is A Timeshare Merchant Account: Timeshare merchant accounts provide companies the ability to charge payments from customers on goods and services. always opt for a credit card merchant. 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. Once Vector is established as your payment processor, you must connect the approved merchant account setup with your online store shopping cart. Host Merchant Services: Best for large high-risk businesses. Many of these merchants are categorized as Software As A Service or SAAS companies, which can include other industries that operate using a customer subscription model. AMSLV is the go-to place for speedy merchant account approvals for your nutraceutical business. See moreApply for a Nutraceutical Merchant Account to Accept Credit Cards. 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. Minimum processing: $5,000 minimum for national. Services. All Nutraceutical Merchants welcome. For more than 20 years, high risk merchants have successfully used our services to process ecommerce payments. Processing banks put limitations on accounts, to limit the banks risk exposure to chargeback losses. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. provide different options where customers can get in touch with you immediately if they are not happy with the products or services. The list includes. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. 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. Start accepting payments quickly and. After a merchant loses a merchant account, it is very difficult time for processors to approve another. They average 1. Nutraceutical companies rely on eCommerce and Mail Order/Telephone Order (MOTO) sales to scale their businesses. The market for nutraceuticals, sometimes known as “nutra,” is expanding both. Top High Risk Merchant Industries Here are the top 15 biggest high risk merchants that need payment processing. I have the ability to provide your business with value by offering a sustainable business model with our. We also provide in-house pre-underwriting of your supplement merchant account application. This alert system helps keep. To save yourself and your business a headache, you need to locate a high risk merchant account processor. Step 3: Choose a New MSP that Fits Your Needs. ) Still, the stakes are high for CBD businesses. Typical reasons people purchase these products include. We take a consultative approach to analyze your situation and determine the best options for your merchant account. Nutraceutical products (commonly known as Nutra products) have formed a billion dollar market. 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. Retail. Businesses are often prohibited from accepting payments and processing transactions by underwriting banks. 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. Merchant accounts provide entrepreneurs and individuals alike the ability to generate revenue using their own website or preferred eCommerce solution. How do I find the best nutraceutical merchant account providers? Start by researching providers online, looking at reviews, and comparing features. To get a merchant account, one must submit an application with a merchant account provider. Obtaining nutraceutical credit card processing is a challenge sellers face. 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. Check out our nutraceutical merchant accounts. Jan 22, 2021 7 minute read. Here are the 4 best ways for your business to accept credit card payments in the modern world. Here are the primary benefits to you. To get a merchant account, one must submit an application with a merchant account provider. PayFasto provides nutraceutical merchant accounts for businesses with the best terms on the market and we ensure you get a bank specializing and understanding high risk industries like credit card processing for nutraceuticals. High Risk Pay is a comprehensive solution perfect for nutraceutical merchants. According to reports, the global nutraceutical market is worth $233. Typically, a merchant account is used for credit card processing and eCheck processing, but can be used for a variety of payment processing needs. PaymentCloud rates as a reliable merchant account provider due to its clean complaint. In certain situations, we can expedite the setup process in 1 business day. The final step in your custom nutraceutical supplement business is to begin processing payments on your site. The Smart Drug Industry. See Full List of Supported High Risk Industries. Most banks in the world dread dealing with nutraceutical industry. Typical reasons people purchase these products include. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. It’s really a relatively simple process; first off, choose a merchant account payment processor. 4 billion as of 2015, and is estimated to reach $204. Tech Support Merchant Accounts. Contracts: Maintain written,. A continuity subscription merchant follows a billing model that collects monthly payments for goods or services they provide. First, on the high risk merchant list is nutraceuticals. This means that this hold back percentage is taken out of each credit card sale until your allowed monthly volume is met. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers;. You’ll guide merchants through the initial application process, handle objections and quickly get the supporting documents needed for a complete application. 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. Redefining Nutraceutical Business with Credit Card and Crypto Merchant Accounts I. Each nutraceutical merchant account goes through an underwriting team who will determine its approval.