This is your Merchant activity dashboard. Nutraceutical products (commonly known as Nutra products) have formed a billion dollar market. March. HRMA-LLC specializes in high-risk merchant accounts and high-risk credit card processing. Are you a nutraceutical business looking for smoothly efficient payment processing merchant accounts? You’ve come to the right place. To save yourself and your business a headache, you need to locate a high risk merchant account processor. 🔸🌟 Evaluating Chargeback Dispute Resolution Strategies for Nutraceuticals Business 🔸🌟 As the demand for health and wellness products continues to soar…When chargeback rates hit 2 percent, payment processors can lose money, so underwriters often deny nutraceutical merchant account applications. High risk merchants who choose to process with instant approval companies may have their account shut down which can lead to lost revenue. AP Holdco LLC. Easy Pay Direct login gateway. E cigs provide many of the same effects of nicotine without creating smoke, rather emitting water vapor. 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. While it is a thriving industry, the companies are considered high risk due to the chance for legal action in such a loose. Square. However, despite its success, the credit card associations of Visa and MasterCard are still labeling the industry as “high risk”, which is making it incredibly and unnecessarily difficult for businesses to set up the nutraceutical merchant. Without a merchant account, you will not be able to accept payment via credit card or debit card. International businesses selling their services and products within the US. ”. Our dedicated team will guide you through the account setup process, ensuring a seamless onboarding experience. Further projections have the U. This includes information on individual transactions and batch totals with comprehensive reporting tools. Nutraceutical merchants often have trouble finding online credit card processing and a reliable nutraceutical merchant account, which seems ludicrous considering that nutraceutical industry, or “nutra” industry as a whole brings in a yearly revenue totaling $181. Merchant services refer to the services and technology that a business uses to accept and process payments. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. We have found only 2 negative reviews about PaymentCloud, so the company is probably not a scam or ripoff. The nonprofit’s donation moves from the credit company into a non-profit merchant account. Experience Unmatched Payment Solutions. Nutraceutical Merchant Accounts Ready to take your nutraceutical business to the next level? Merchant accounts for nutritional supplements We are the #1 provider of. If you run a cash-only business, you can get away with not having a merchant account. Like all of the best credit card processing companies, PayPal regularly features deals and incentives. Managing Your High Risk Problems Nutraceuticals occupy a unique position on the market: the simplicity of the product, combined with the booming supplement industry, places you at the ideal crossroads to create a great product with substantial profits. Merchants can accept several payments, from bank cards to cryptocurrency, with a reliable ecommerce. One of the biggest concerns of website owners is the types of payments available, and how to be approved for a merchant account with the high-risk nature of online fantasy betting. The unpleasant truth is that any merchant account can be used to cash out the proceeds of crime. New Product. Our payment gateway setup team will work with you regardless of the legal nutritional supplement you sell. Here are some of the key benefits of using a Shopify merchant account: Simplicity: Shopify Pay eliminates the need to set up and integrate a separate payment gateway, making it easy to start accepting payments. This includes the sale of Supplements, Vitamins, Herbs, and other Nutraceuticals, that may be considered High-Risk by some payment processors. Fraud Prevention. 08 per in-person transaction & int. 15% + $0. In addition, Vector Payments can provide additional guidance to help companies to meet their requirements. If you run a stable nutraceutical company, this issue won't be a problem. Touchsuite is located in Boca Raton, FL and is a payment processing and point of sale company that specializes in merchant accounts, point of sale systems, Grubbrr self-ordering kiosks. You need EMB. You have to meet your customer’s expectations by providing a way for. Today, more and more people are embracing holistic and natural forms of healthcare. Best Nutraceutical Merchant Account Gateway 2023 – Payfasto. APPLY NOW! Req. When you’re ready, you can. This allows the acquirer to offer payment services to their clients. A Merchant ID number (MID), is a unique code assigned to a merchant by their payment processor. At Easy Pay direct, we believe that customer service is a key element to the success of your business. S. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. They also struggle to secure the financing they need to grow their business and cover costs. Chargeback Trends in the Nutraceuticals Industry:. Once a business hits a ratio of 0. Nutraceutical Merchant Account. With a variety of high-quality payment gateway solutions and 24/7 support, you can rest. In-person payments cost the merchant a fee of 2. com accounts is their high approval rates. Durango Merchant Services: Best for. With decades of experience, our team is here to help. Fill out EMB’s fast and easy online application. 5 billion by 2027. Call 1-800-315-5755. Easy to find contact information on the Website, receipt, and packing slips. Nutraceutical merchants often have trouble finding online credit card processing and a reliable nutraceutical merchant account, which seems ludicrous considering that. This industry is not regulated like most products in the U. First Name. On Halloween, the FDA released their perspective on #cannabis R&D. We offer: Retail Payments: We can help you process all types of retail payments, including credit cards, debit cards, and electronic checks. Certain industries are. PaymentCloud is a merchant account provider that specializes in credit card processing solutions for high risk business types. 33408. Besides, if you are a small business and want to compete with the big companies by selling. CircO2®. Our online gambling merchant account fees are industry-competitive and affordable, and the application process is free. With Shopify’s nutrition business name generator, you can get 100 creative, relevant name ideas for your nutrition business in just seconds. We also provide in-house pre-underwriting of your supplement merchant account application. Call us Toll Free (866) 509-7199. SELL NUTRA SUPPLEMENTS WITH ALLAYPAY. Online Gambling Merchant Account. Welcome to B. When a business has a merchant account, it essentially acts as a temporary holder for settled credit or debit card transacted funds. Here’s a quick. From vitamins and minerals to probiotics and sports supplements,. Search for Business Services Log in Sign upBy establishing a merchant account reserve, your processor can safeguard their funds, even if it imposes additional difficulties on you. This has led to explosive growth in vitamins, supplements and other products that are intended to help improve people’s health without drugs or surgery. We take a consultative approach to analyze your situation and determine the best options for your merchant account. The price is 1% per deposit). You will be contacted within one business day . That means more risk, to your business and to. It’s time to upgrade or switch your nutraceutical merchant account and focus on these new marketing techniques for 2021. Merchants with businesses that require high risk credit card. Easy Pay Direct offers Transaction Routing. Third is vaping and e-cigarettes. DigiPay’s expanded network of. Next, you need to choose an MSP that can support your business goals. Best Nutraceutical Merchant Account Providers. A high risk merchant account can provide you with the capability to create revenue utilizing your website or preferred eCommerce option. But under the hood, there’s a lot more going on. ⚖️ Chargeback Management Techniques for Nutraceuticals Business Owners 🌿💊 If you're a nutraceutical business owner, you understand the challenges that can…2. You’ll pay $49 per month plus $0. On the other hand, nutraceutical merchant accounts are designed to cater to your industry, taking into account the regulatory nuances, high chargeback rates, and specific customer behaviors associated with the sector. Taking a credit card payment may seem simple enough. Streamline your business by utilizing our experience and latest tools. Pos Systems. Anyone interested in starting an online fantasy business must be knowledgeable about the interworkings of the industry before starting. Here are four of the best providers of eCommerce merchant accounts, including Square, Stripe, and Payment Cloud. 6% plus 10 cents per transaction. A great adult payment solution has expertise in onboarding and maintaining accounts for your specific business model. The weight loss and nutraceutical industries can only be more lucrative for you, if you know how to get it right. Quick & Easy Merchant Account Setup! Contact our nutraceutical team. 818. They average 1. accounts for nutra businesses to be considered high risk by banks and regulatory bodies. A customer hands over a card, you process it, and with Square, the money usually lands in your account within one to two days. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. Whether your firm is a small business or an international merchant selling. Voted the #1 High Risk Merchant Services Provider in 2015, and 2016. These products include dietary supplements, vitamins, and health-related products often sold online. Digitally sign and submit your application. Figures are projected to reach $358. Gain insights into secure payment solutions. . They may even offer guaranteed merchant account approval. NACHA , which operates the vast ACH network within the United States, doesn’t set the interchange fees associated with ACH payments. You pay 2. Way2pay. This is where Allied Payments comes in to help you with the entire application process, down to the integration of the right payment services. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by financial institutions. MIDs are considered a highly sensitive information. This has created a significant demand for online credit card sales and nutraceutical merchant account services. Chargebacks: The 411. A payment gateway or merchant account for adult entertainment is a financial method by which you can process credit cards or other online payment transactions. Unmasking the Nutraceutical Industry The nutraceutical industry has come a long way since its inception, offering products that blend nutrition with pharmaceutical benefits. Imagine waking up one day to this message. Despite the fact that international drugs are 60 to 70 percent less expensive than drugs from the United States, Mastercard and Visa have formed an alliance with the Center for Safe Internet Pharmacies (CSIP) to stop the. 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. Here are brief overviews of the seven best merchant account providers in the industry that accept CBD merchants: PaymentCloud: Best For Dedicated Account Manager For Customer Support. This means that this hold back percentage is taken out of each credit card sale until your allowed monthly volume is met. Choosing an ideal payment gateway for your nutraceutical company whittles down the risks that come with processing. $10/month. Membership. S. E-commerce. Does. 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. Our CBD merchant services cover Cannabidiol, Hemp & CBD Oil considered high-risk merchants. com, know that nutraceutical merchant accounts are hard to come by. SeamlessChex can set your business up with a nutraceutical merchant account you can trust. Merchant Marketing Services can help your business grow by providing merchant services at competitive rates. Nutraceutical merchant account providers aren't trying to create troubles for themselves by handling payments for a company that receives as many complaints as orders. Nutraceutical Merchant Accounts. Without a mer. We approve the accounts, manage risk, clear payments, and pay the forex merchants. Our picks for the best free merchant accounts include Square, Chase, Stripe, PayPal, and more. Because of this, we can increase your chance of merchant account approval and promise reliability over the long term. Internet Processing. An EMerchant Authority nutraceutical merchant account allows you to accept all credit cards, meaning you can sell your nutraceutical products to customers from all over the world. 1 2. Vitamin & Health Merchant Processor. Unfortunately, many credit card processors do not want to work with nutraceuticals businesses. Load balancing through our adult payment gateway simplifies management while providing you with the processing capacity you need. 81% for a credit card and 0. We provide merchant account services for both low and high-risk businesses. The “Risk” in High Risk Merchant Accounts Even though you have a. 06 billion ). Get Started Today. A nutraceutical merchant account is a type of merchant account that is specifically designed for businesses that sell nutraceutical products, such as dietary. Stax is a subscription-based service that offers flat-rate monthly plans and 0% markup on interchange fees. Plus, you’ll never be charged a setup fee or application fee. If you meet these requirements, you can get started with Affirm by creating an account . First, the industry is regulated. . Nutraceuticals are the nourishing components (hybrid of nutrition and pharmaceuticals) that are biologically active and possess capability for maintaining optimal health and benefits. Allow 3-5 business days for approval of US nutraceutical credit card processing accounts. . A Gun Merchant Account Provider You Can Trust. For example: Pros. With its high approval rates, secure payment processing, and nutraceutical-specific features and services, PaymentCloud offers everything that nutraceutical business owners need to accept credit card payments from their customers. Experience Unmatched Payment Solutions. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the region. Merchant accounts allow businesses to connect their retail credit card terminal, online e commerce store or both. the cardholder’s bank) sends the funds directly following the transaction to the merchant account, which then deposits the funds into your business account of choice. High Risk Pay has got you covered. Why the Nutra Industry is considered High Risk. The Trending Blogs. These include: Losing your account access entirely. Online the rate is 2. Worth already $382. 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. 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. Without a merchant account, these businesses have no way to accept credit and debit card transactions. Nutraceutical products are normally classified as high-risk. Online Credit Card Processing. Medical Service. Without a merchant account, these businesses have no way to accept credit and debit card transactions. Contact us today!Redefining Nutraceutical Business with Credit Card and Crypto Merchant Accounts I. Applying for a high-risk merchant account with PayDiverse is a simple 3-step process: Complete our secure, online application form. After a customer adds an item to their shopping cart, they view payment options and check out. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. 7650 South McClintock Dr #103-437 Tempe, AZ 85284 1-888-405-3093 Monday – Friday 8am – 6pm (MST)Get Your E-commerce Merchant Account. Best for businesses that want a wide variety of terminals and POS systems. Host Merchant Services: Best for large high-risk businesses. You need EMB. Vector Payments is the best payment processor for your nutraceutical and supplement business because we provide you with the resources and support you need to succeed. The global dietary supplements industry was estimated at $123. Nutraceutical Merchant Account. Without a mer. 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. By 2025, the market is expected to exceed $133 billion. Large Average Ticket Size. Save Money With eDataPay Top Merchant payments and Media advertising Providers for Small Business. Bankcard International Group Corp. The global outlook for nootropics is also impressive, with a 17. Merchant Account: A type of business bank account that allows a business to accept and process debit and credit card transactions. This is different from other accounts because it only holds donations made on behalf of nonprofits, done through a specific processing organization. Main Street Technologies, Advance Auto Parts, South Central Pallets, Discovery Network, Ace Hardware. We at EMB, or eMerchantBroker. The Advantages of a High Risk Merchant Account for Nutraceutic. Text Instructions for How to create buttons with the Quick Click Button Creator. Contact; ContactCredit Card Processing For Nutraceuticals – Binary Gateways Select Category Accept Credit Card (1) ACH Payments (1) Adult (3) Business Planning (5) Business Tips (2) Card-not-Present (2) Credit Card Processing (10) E-commerce (1) High Risk Business (1) Merchant Account (10) Merchant Services (1) Payment Gateway (2). If you have additional questions, or need clarification on any of these answers, email us at [email protected], or call 1-844-843-6111. Hundreds Of Integrations In One. Peptide Merchant Account. The names generated are examples only and may be used by other businesses or subject to third-party rights. Menu. S. The U. Below are a few examples: Antioxidants like lycopene, coenzyme Q10, alpha-lipoic acid,. Tus fichas podrán aparecer cuando los clientes busquen productos como el tuyo en la Búsqueda de. CARDZ3N exists to solve the critical issues facing our clients, both large and small. As a global leader in providing references for nutraceutical businesses to obtain merchant account services, MerchantNegotiators. Obtaining nutraceutical credit card processing is a challenge sellers face. North Palm Beach, Florida. For more information, visit the PaymentCloud website or call (888) 506-7859. 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. 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. Vape and E-Cig Merchant Accounts. This means total flexibility with Merchant Accounts. Fraud occurs when someone makes a. The Best Payment Gateways of 2023. Nutraceuticals are products derived from food sources that provide medicinal and nutritional benefits. With our 98% approval rate for merchant accounts and expertise in servicing high-risk businesses, we offer reliable services that firearms merchants can trust. Fast approval Peptide merchant accounts & credit card processing solutions for profitable peptide supplements,. Advanced Liver Support. You can load multiple merchants into ONE gateway and it will automatically split your sales across those accounts. A nutraceutical merchant account is a custom-made bank account for businesses in the nutra space. And More…. You can further break down this definition into the following points: How merchant services work: The behind-the-scenes processes that are required for a business to take and accept a payment. A Cardpay Solutions Gateway and Merchant Account is required. Or Call: 800-993-6300. Business Chargebacks High Risk Business High Risk Business Merchant Online Processing Payment Gateway Chargebacks High Risk Business High Risk Business Merchant Online Processing Payment GatewayNutraceutical Merchant Accounts; Health, vitamins, and nutrition are a big financial frontier for the 21st century. We offer: Retail Payments: We can help you process all types of retail payments, including credit cards, debit cards, and electronic checks. Diversify your nutraceutical merchant accounts to mitigate risk. This is well over what Visa considers an excessive level of chargebacks. Corepay: Best For Mail-Order/Telephone Order-Only Accounts. While these business types and products are legal, they come with a high risk to the banks. 49 billion by the end of 2025 with an annual compound rate of 8. Free application with no obligation. Shopify: Best for. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Merchant Account for Nutraceutical Products. The nutraceutical industry is prone to chargebacks for a variety of reasons, causing merchant A business that accepts credit cards for goods or services. Exclusive Promo: PaymentCloud will give you $200 if they can't beat your current rate. We can get you set up in as little as 2 DAYS! *Hint: This is easier cause we can fill out your application for you!Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. I. The ability to integrate Easy Pay Direct with. MaxPayNow offers Nutraceuticals Merchant Accounts and payment solutions for the Nutraceuticals Industry. 11 per online transaction w/ discounts for nonprofits & high-volume businesses. Patent Pending “Transaction Routing” Technology, More than 250 Shopping Carts Integrated, “Quick Click” checkout pages, Fraud Scrubbing technology, Kount fraud scoring, Tokenization, Quickbooks integration, Mobile Payments, Email Invoicing, recurring billing and so much more. Merchant accounts can be used in various ways, whether the merchant operates a storefront or the business accepts credit cards through a card-not-present (CNP) environment. Simply fill out the form below. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and. This article explores the transformative power of advanced payment systems, credit repair payment gateways, high-risk merchant accounts, and credit card payment processing systems in the nutraceuticals industry, shedding light on how these solutions facilitate smooth and secure transactions. A high risk merchant account is a type of payment processing account for unique businesses. High Risk. Fantasy Sports. These challenges affect health supplement companies both in a regulatory fashion and from a fraud and chargeback perspective. Advanced Nerve Support. and Canadian shoppers. They’re so well-established in fact that they work with over 60,000 merchants. Supported industries: Adult services, CBD, online dating, vape sales. The application process was a pain and it took forever. S. You need a dependable high risk merchant account provider for your nutraceutical merchant account. S. Third is vaping and e-cigarettes. Step 2: From the ‘Main Menu’, click on ‘Help’ > then ‘Integration’. 3. 4 million US dollars by the year 2025. Square’s pricing is always transparent. Chargeback Mitigation. The most common merchant services companies are Square, Stripe, and Braintree. It allows businesses to receive the money for transactions. Customer Service. Reserves can be held for 180 days after account closure before they are released. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. Free setup and zero upfront fees. An online or retail business can get started with a nutraceutical merchant account quickly and efficiently with EMB. We support all kinds of merchants, including those looking for nutraceutical or supplement merchant accounts. Without a merchant account, you will not be able to accept payment via credit card or debit card. Three Months Processing history showing a at least $50,000 per month is required to qualify for an adult merchant account. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. Domestic and international solutions with no contracts, low rates and next day funding. The U. Anyone interested in starting an online fantasy business must be knowledgeable about the interworkings of the industry before starting. As a kicker…. PaymentCloud; Best High-Risk eCommerce Merchant Account. If your online store needs a stronger merchant and payment. We at EMB are here to help you, via email, phone, or live internet chat. Moreover, anti-aging and sexual enhancement products are also likewise as nutraceuticals. Web Shield research has found that 17% of merchants. This alert system helps keep. If you are looking forward to spreading your business worldwide, it is important to have the capacity to process such payments. Tier 2: Payment Depot’s most popular account tier, this plan caps at $75,000 in credit card volume per month. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today! Back First Card Payments > Uncategorized > How to Start an Online Nutraceuticals Business. twitter. CARDZ3N is a merchant service payment processor and payment gateway service provider offering a global, and simple payment platform. Credit Card Processing, Payment Gateway, Point of Sale Systems, High Risk Processing. Get approved for a nootropic, supplement and nutraceutical merchant account. TailoredPay also works with both small and. The rapid expansion of the nutraceuticals industry –food and drinks with possible health advantages – is driven by current shopper trends. Why Focus on Fat-soluble Nutraceuticalsnutraceutical merchant account/payment processing nutraceutical; herbal merchant account; pharmaceutical merchant account; vitamins merchant account; online pharmacy merchant account . These transactions are ideal because the customer is present at the time of sale. Multiple Merchant Accounts. Merchant accounts are necessary accounts for many businesses, and. In 2021, the. Here are some of the key benefits of using a Shopify merchant account: Simplicity: Shopify Pay eliminates the need to set up and integrate a separate payment gateway, making it easy to start accepting payments. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. Also known as a tobacco shops, many financial services companies have distanced themselves from the industry. Merchant Account Setup: Assist in setting up. In today’s dynamic landscape of health and commerce, the convergence of NMN, nutraceuticals, and merchant payment processing is reshaping the way we approach wellness and business transactions. That’s why this guide is dedicated to providing a complete tour of Google Merchant Center—a tour that’ll cover all the basics you need to start thriving with Google Shopping ads. The same merchant account can be used for online payments or. In the fast paced world powered by technology, new health complications are surfacing everyday and leading to lifestyle diseases. One of the biggest concerns of website owners is the types of payments available, and how to be approved for a merchant account with the high-risk nature of online fantasy betting. With technological advances, the payment services industry has evolved, with payment processors offering merchants new platforms to accept payments. You already know how profitable this industry can be since you’re operating in the market. $15 monthly fee ($12 for nonprofits) Interchange + 0. All There Is to Know About Getting a Nutraceutical Merchant Account. accounts for nutra businesses to be considered high risk by banks and regulatory bodies. Nutraceutical Merchant Accounts; Online Gaming Merchant Accounts; Online Pharmacy Merchant Accounts; Recurring Billing Merchant Accounts; Tech Support Merchant Accounts;. This tends to be a point that most nutra companies forget to address because they get comfortable with the payment processing company they work with; that should not be the case. If you take a. You already know how profitable this industry can be since you’re operating in the market. Experience the Difference. In some cases, it is a planned and intentional act of fraud, but in other cases it may be something like “ friendly fraud . Apply for a merchant account. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy, seamless. Credit card companies charge payment processing fees for each ecommerce transaction. Therefore, they require payment processing methods tailored to their needs. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. M. Nutra has nothing to do with pharmaceuticals. High Risk Solutions designs customized merchant account solutions for this industry niche. Retail Payments. 1. In our last article, Nutraceutical Merchant Account Challenges, we talked about the challenges that Nutraceutical companies face in running business. Overcome the toughest of merchant challenges & disapprovals. Questions? (888) 225-9405 Types Of Nutraceuticals Merchant Accounts Soar Payments offers a full spectrum of merchant accounts to nutra, vitamin, and other health. Underwriting Nutraceutical Merchant Accounts. 100. Online Payment Processing For Internet Businesses. In Summary: The 8 Best Offshore Merchant Account Providers For Small Businesses. Chargebacks: The 411. Our clients enjoy our feature-packed merchant services including: Streamlined operations with one point of contact dedicated to your needs. Though, that is not neccessary if you have the right nutraceutical merchant account provider on your side. The first step on your path to a new merchant account is starting the Easy Pay Direct application or if you would rather chat with someone to find out more, call us at (800) 805-4949 *. Besides, we understand just how financially difficult it is to become a business owner. Getting StartedThis merchant accounts includes many major nutraceutical payment gateways and website shopping carts and making shopping process simple. Nonetheless, experienced payment companies. If you’re operating in the nutraceuticals industry, you should be concerned. What this means for you, the nutraceutical business owner, is that the process to apply for a nutra high risk merchant account is longer and tougher. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. It serves as a list of blacklisted merchants and prevents them from opening a new merchant account from a different credit card processor than their previous institution. Whether you need a single account or multiple, Easy Pay Direct can guide you through the process and help you secure the perfect account for your unique business. This is true whether you sell digital goods online or physical items in-store. Some payment gateway companies and merchant account providers might raise an eyebrow when a potential client brings up that their product is a nutraceutical or dietary supplement. There are two main reasons for this. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. Apply Now. Without a merchant account, these businesses have no way to accept credit and debit card transactions. We would like to show you a description here but the site won’t allow us. Without a merchant account, you will not be able to accept payment via credit card or debit card. a. The supplement industry experiences chargebacks because the products are not under heavy regulation by a government body. With regulations on payment processing getting more strict, you will need a solution you can rely on. Getting in touch with a high-risk merchant account provider is the best move for a business looking to set up a nutraceutical merchant processing account for their merchant services.