(Must Match the Merchant Application) Clear Posting of Customer Service Telephone Number and/or Email Address. This includes the sale of Supplements, Vitamins, Herbs, and other Nutraceuticals, that may be considered High-Risk by some payment processors. Our Seamless Merchant solution for high-risk businesses provides credit card, check, and ACH payment processing with chargeback reduction tools to maximize your company’s profits. One of them is that e-commerce sites that offer nutraceuticals generally get a higher number of chargebacks than different organizations. With our nutraceutical payment processing, we make it easy to accept payments. We are experts in the nutraceutical credit card processing industry. According to Euromonitor International, a global market intelligence publisher that provides market research reports, statistics and online information systems on industries, countries, and consumers, the US vitamin and dietary supplement market is. Most credit card processors offer their own proprietary hardware. But then, without a merchant account, you will not be able to Accept Credit Card and debit card p. Increase your sales by accepting credit cards. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. Unlike PayPal or Stripe – We underwrite merchant accounts. It is necessary for both online payments and in-person payments. They will help set you up with a POS system after opening your merchant account. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. the pandemic made it clear how businesses can adapt to a digital platform to continue operations and accept credit card payments online as both younger and older. 4 billion as of 2015, and is estimated to reach $204. 2. Allied Payments works with various high-risk friendly banks and specialized payment processors. Most credit card processors. A merchant account is a type of business bank account that allows businesses to process electronic payments such as debit and credit cards. Our goal is to provide you with the lowest rates, fastest approvals, and best terms for payment processing. Increase your nutra merchant account stability with the right merchant account adviceCall us to find out more about Payment Processing and Accepting Credit Cards: (866) 353-2239 Visit our Socials to get more business tips and tricks: Facebook: Imgur:. First, the industry is regulated. Here’s a closer look at the nutraceutical industry, as well as the high-risk merchant A business that accepts credit cards for goods or services. 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. We offer a fee structure that is 25% less than the competition and we get those fee reductions for most of our high-risk nutraceutical merchant accounts. 28 billion in 2019, according to Grand View Research. The transaction process that occurs when a sale is made between a customer and a merchant involves a number of actions and steps taken by the previously mentioned players. Membership & Recurring Billing. Power Your Business With Nutraceutical Merchant Accounts and Payments From MID Kingz Solutions — Easy, Reliable, and Secure. This surge has nurtured a thriving industry, where businesses must adopt robust merchant account processing systems to seamlessly accept credit cards and offer customers convenient payment choices. Making it easier for customers to call you than contact their credit card company will help you lower your chargeback ratio. Without a merchant account, you will not be able to accept payment via credit card or debit card. That, in turn, allows the company to increase sales. 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. Vendors who primarily sell online nutraceuticals need to accept credit cards for their products . It can be hard to acquire merchant services for nutra product sales. You also have the option to accept credit card payments using a mobile credit card processing app on your phone instead of a terminal. Suppose you’re considering a new. National Processing. We understand that one size does not fit all and can tailor your credit card processing to meet your individual needs. If you're looking for payment solutions that will positively impact your business, Zen Payments is ready to help. Contact a provider to get started directly or give us a call at 1-833-213-0511 to learn more. Organizations that deal with a large number of transactions monthly are advised to avail. 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 ». Credit Card Processing for Nutraceuticals and Herbal Companies. Merchant accounts accept credit cards, debit cards, and other common types of online payment options, and having the right one can make the transaction process reliable and smooth for your customers. Many of the challenges facing the nutraceutical industry have a shared thread. Retail Payments. 95%;Nutraceutical Merchant Accounts; Online Gaming Merchant Accounts; Online Pharmacy Merchant Accounts; Recurring Billing Merchant Accounts; Tech Support Merchant Accounts;. Best for online and international sellers: Durango Merchant Services. Traditionally, that process slows things down… until now. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. As consumers increasingly embrace dietary supplements, vitamins, and…Starting an online business that accepts credit cards is a huge goal for online merchants. CBD Merchant Account; High Risk Merchant Account;. 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. Create Multiple Virtual Terminal Users. For example, if you process $20,000 or more a month, or if you have an average transaction amount of $500 or more, you risk more opportunities for higher chargeback ratios. Accepting Google Pay certainly won’t cost you any more in fees as a merchant A business that accepts credit cards for goods or services. At SeamlessChex, we provide solutions that help your business get back on track. account fees are a little tough to chew with an average of up to. If you run a nutraceutical business and want to start accepting credit card payments, you can do so with the help of eMerchant Authority. Without a merchant account, you will not be able to accept payment via credit card or debit card. Streamline your business by utilizing our experience and latest tools. 81% for a credit card and 0. If you are looking for an ethical credit card processor that doesn’t hide fees or lock you into expensive contracts, see Phillip’s merchant account picks here. Step 3: Set up payment terminals. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. To get a merchant account, one must submit an application with a merchant account provider. D. Because your provider sets your American Express Rate—just like they do for the other card brands you accept. We will allow your company to accept leading credit cards by either physical or virtual terminals. We've Helped Over 20,000 business Accept Credit Card Payments. A merchant account is one part of an overall solution that makes it safer, easier and faster to get paid. In addition, nearly 50 percent of Americans said they carry cash with them less than half of the time they’re out, according to one recent survey. Donations and offline payments can be accepted through a merchant account using a hand-held credit card reader. It enables nutraceutical merchants to securely process payments for a wide range of dietary supplements, vitamins, herbal products, and other nutraceuticals. This is the perfect solution for a pop-up shop, trade show, or any. High-risk payment gateways: Payment gateways are tools that facilitate credit card transactions. Nutraceutical businesses is a business that falls into the “high risk” category as assessed by processing banks. Unfortunately, this leaves nutraceutical business owners with a difficult time getting a merchant account to accept payments for supplements. Get the processing power you need to manage & grow your business. To get a merchant account, one must submit an application with a merchant account provider. An adult merchant account works like a bank account for you online store. Free setup and zero upfront fees. You simply need to key in the customer’s credit card information on the application that’s provided by your payment processor. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Fees also vary by card type. Merchant accounts and payment gateways that allow CBD and Hemp Oil to be sold through their networks. ACH transfer. Retail Payments. Fortunately, TailoredPay can help businesses in the nutraceutical industry find the right high-risk merchant account for their needs. Nutraceutical businesses are among the high-risk ones – those susceptible to fraud, chargebacks, and strict legal regulations. Canadian Merchant Account; Card Scheme; Cashless ATM Program; CBD; Chargeback Shield. Unmasking the Nutraceutical Industry The nutraceutical industry has come a long way since its inception, offering products that blend nutrition with pharmaceutical benefits. picture identification. 3% cash back on the category of your choice (from available list) 2% cash back on. Los Angeles, CA (PRWEB) January 26, 2015 -- eMerchantBroker is proud to announce merchant account support for all businesses dealing in the nutraceuticals industry. Stripe: Best for owners of multiple businesses and brands. our expert team at First Card Payments will teach you how to accept credit card payments online as well as how to set up instant money transfers. Luckily, it is possible to do without worries and hassle. Director, Payment & Banking Services. A merchant account is a specific type of bank account that allows merchants to accept payments. A merchant account is a specific type of bank account that allows merchants to accept payments. . This is well over what Visa considers an excessive level of chargebacks. Your information will be kept completely confidential. Our TMF or MATCH list merchant accounts allow you to get back to receiving credit card and eCheck payments - without exorbitant fees or excessive scrutiny. In The MediaA merchant account is a business account through a bank or merchant service provider that allows the business to accept payments from customers by credit and debit cards. This system. The accounts enable acceptance of payments from customers in the US and internationally. 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. A retail nutraceutical merchant account is a type of supplements merchant account specifically designed to accept face-to-face payments from debits and credit cards. For internet pharmacies and online vitamin stores. We understand how challenging it may be to work with traditional payment processors, particularly when selling nutraceutical items and supplements online. Diversify your nutraceutical merchant accounts to mitigate risk. 5. Typically, a merchant account is used for credit card processing and eCheck processing, but can be used for a variety of payment processing needs. Get started right now by contacting us online or giving our merchant services specialists a call at 844-661-0725. Missing important information will delay the process and force merchants to wait longer to accept credit cards. . Having no credit history can create just as many difficulties when applying for a merchant account as having bad credit. Compatibility with the leading credit card providers. Consider looking for a credit card processing company that offers consulting as well. Allow 3-5 business days for approval of US nutraceutical credit card processing accounts. At UniBul, we give you a nutraceutical merchant account with: Fast application approvals. Get Started Today. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. Offset the cost of credit card processing fees by encouraging customers to pay in cash. Its monthly fee is $0, and it stays that way with no hidden costs or fees. Check out our nutraceutical merchant accounts today and. These payments include but are not limited to, credit card or debit card transactions, ACH payments, and e-checks. 25. Yes. We take your success seriously and are here to help you accept credit card payments to keep your revenue. During the application process, you’ll provide business details and financial. Taking part in the growth of Internet sales of vitamins and supplements One portion of the U. The company is best known for providing affordable credit card processing services to various high-risk industries. If you are looking forward to. Though bad credit takes much. Best one-stop shop: First Card Payments. With OptBlue, you have options. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. If you are looking for an ethical credit card processor that doesn’t hide fees or lock you into expensive contracts, see Phillip’s merchant account picks here. They are governed and administered by an. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. We see cannabinoids and hemp products all over the internet. Many traditional banks and payment processors may hesitate to serve high-risk businesses due to the perceived financial uncertainty. As a result, most nutraceutical firms would need to work with a partner specializing in high-risk merchant services. High-risk payment processing, also known as high-risk merchant processing, is a specialized service designed to cater to businesses that operate in industries with elevated risks. The merchant account also includes an agreement between the payment processor and the retailer involved for settlement of the debit or credit card transaction. Multi-currency settlement. PSPs let you accept a wide range of payment. 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. This is how you receive money if you’re ever paid by. This setup provides secure merchant processing while preserving features like their Advanced Fraud Detection Suite (AFDS) and their Customer Information Manager (CIM). PaymentCloud is the #1 provider for Nutra and supplement credit card processing because we can connect directly to the software and solutions that your business already uses. Merchant account fees will vary between different payment processors for various reasons. e. MK. In the past, a business owner who wanted to accept credit cards had to open a merchant account with a bank, which can be costly and time-consuming. Boost sales from US shoppers up to 20% with ACH & echecks. It is crucial for a nutra business in the virtual marketing space to have a seamless way of accepting and processing card payments. Accept credit cards via TouchSuite's merchant accounts. Offshore High Risk Merchant Accounts for Nutraceutical Products 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. For example, a merchant account like Seamless Merchant offers more than 25 bank relationships, allowing businesses to accept credit card payments securely, quickly, and efficiently. A merchant account is a type of bank account that allows businesses to accept credit card payments and debit cards. Accept credit / cards for US and international buyers. PayDiverse is a nutraceutical payment processor that provides nutra merchants with premium high-risk nutraceutical merchant services, credit card processing & merchant approval. Call us Toll Free (866) 509-7199. Many. We will also give you a few tips on how to choose. Rates for offshore merchant accounts vary, depending upon the region in which the acquiring bank is located. ACCEPT PAYMENTS ONLINE. High Risk Pay is a comprehensive solution perfect for nutraceutical merchants. PayPal will hold funds in a merchant’s account until they transfer them to a bank, allowing PayPal access to that money until it has been cleared. To get a merchant account, one must submit an application with a merchant account provider. There is no more important time to have a reputable, educated, and transparent merchant provider. At UniBul, we give you a nutraceutical merchant account with: Fast application approvals. High risk merchant services is provided for all legal forms of high risk business types. Because your provider sets your American Express Rate—just like they do for the other card brands you accept. This could occur for various reasons, such as a suspected fraud attempt, a card that has been reported lost or stolen, or a card that has been blocked. Accept credit card payments and monitor your processing with your nutraceutical merchant account. Your customers will likely appreciate being able to use their credit cards especially for online payments. PCI Compliance. a tax id number. Merchant One: Best for Flexible Pricing. Though the merchants themselves are at risk, so is the merchant processing center that. echeckprocesssing. fees. Our TMF or MATCH list merchant accounts allow you to get back to receiving credit card and eCheck payments - without exorbitant fees. Processors can freeze your merchant ID number and stop you from accepting any new card payments to your account. One study showed the average value of a cash transaction was $22, compared to $112 for the average non-cash transaction in 2019. Rates & Terms for Offshore Merchant Accounts. Let High Risk Solutions provide your business with the best merchant account services at the guaranteed lowest price!Offshore High Risk Merchant Accounts for Nutraceutical Products 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. Payment terminals are the hardware, such as the credit card machine, that customers use to swipe or tap to pay for the transaction. This includes hardware and software, the virtual terminal for point of sale transactions, the payment gateway, and all other aspects of credit card and ACH processing. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. We can provide your business the ability to accept credit cards with one of our merchant account providers. High volume offshore merchants accounts are preferred by most international acquiring banks. In today’s business climate, it’s unfathomable to continue business without the ability to process credit and debit card payments. under $500 will incur C. TouchSuite®’s high-risk payment programs make the process of accepting credit card payments simple. Nutraceutical businesses can get fast approvals for high risk payment solutions with Revitpay. Don’t let your business go hungry. “Start Accepting Credit Cards Today” Get Approved Now ️. Multi-currency settlement. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. This typically involves using payment gateways and merchant services to authorize and process the payments and ensure compliance with. The Advantages of a High Risk Merchant Account for Nutraceutical Products 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. Online payment processing is not limited to debit and credit cards anymore. Adult industry merchant accounts help businesses to accept credit card or check payments online or in person. they are few banks that are willing to underwrite and accept credit card transaction in this industry. The nutraceuticals industry continues to grow and is expected to have a bright future. If you are looking forward to spreading your business worldwide, it is important to have the capacity to process such payments. Traditional financial institutions may be wary of the industry's high-risk label, making it essential to seek out merchant accounts specifically tailored to the needs of. ACH transfer. 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 Advantages of a High Risk Merchant Account for Nutraceutic. The Comprehensive Guide to Healthcare Credit Card Processing. US/Offshore chargeback solutions for nutraceutical and other high risk credit card processing businesses. High risk credit card processor : With flexible multi-currency accounts, Durango Merchant Services works with both US and international merchants. Fortunately, TailoredPay can help businesses in the nutraceutical industry find the right high-risk merchant account for their needs. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. Start accepting credit cards fast with our convenient online application. Credit card processing for the nutraceutical industry. 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. How to accept credit card payments without a merchant account. U. MaxPayNow offers Nutraceuticals Merchant Accounts and payment solutions for the Nutraceuticals Industry. Without a merchant account, these businesses have no way to accept credit and debit card transactions. 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. , Mastercard, American Express, PayPal, Visa, Stripe, Shopify, and Stripe are no longer accepting any transactions from CBD retailers. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. The Dun and Bradstreet Financial Stress Score and PAYDEX Score are available to pick up through D&B customer service or a third-party vendor. Secure, dependable payment gateway. They also struggle to secure the financing they need to grow their business and cover costs. We’ve put together a series of automated underwriting checks that will approve certain industry types in real time. Any merchant account provider that is allowing you actually to accept credit cards is doing so by defrauding their member bank. A high risk merchant account is a specialized payment processing account designed for businesses that operate in industries with a higher risk of chargebacks or fraud than traditional businesses. Online Credit Card Processing. 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. And, it is possible to legally accept credit cards when you have an experienced high-risk merchant provider. If you want to be successful in the nutraceutical and supplement industry, you have to be able to accept credit card payments. In this case,. 5. S. When seeking an ideal solution for adult merchant processing, that includes online dating, strip clubs, adult book stores, novelties, toys, and websites that require memberships for pornography, it can be a tedious process to successfully accept debit and credit cards. Processing online credit card payments is the biggest hurdle to success. #1 eMerchantBroker Top Pick for Kratom Credit Card Processing. Nutraceutical businesses is a business that falls into the “high risk” category as assessed by processing banks. A retail nutraceutical merchant account allows businesses to accept card-present payment, including credit card, debit card, or point of sale. It should be the aim of every high risk business to have a merchant account. Easy Pay Direct helps online businesses, eCommerce websites, large enterprise merchants, and small businesses accept credit and debit card payments. Providing credit repair merchant accounts to accept credit cards at your. Fees to Accept Tobacco Credit Card Processing Payments. Nutra firms are not cookie-cutters, and one-size-fits. With over 8000 dating sites worldwide, and more being added every day, competition is fierce. Apply for a Nutraceutical Merchant Account to Accept Credit Cards. Phillip has researched and reviewed over 1,000 merchant services providers over the last 15 years. According to reports, the global nutraceutical market is worth $233. If you are finally looking forward to. Experience Unmatched Payment Solutions. Proven effective payment processing accounts for crypto merchants including cryptocurrency exchanges, blockchain technologies, and initial coin offerings. Paying a slightly higher rate to accept credit cards will bring in more money than being a cash-only business. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway. For more information, visit the PaymentCloud website or call (888) 506-7859. Payment processors like PayPal just can’t handle the needs of a high-risk merchant. In most cases, the money then transfers to the business's account in. Unfortunately, many credit card processors do not want to work with nutraceuticals businesses. With access to hundreds of US and international banks, all payments are covered. Minimum monthly processing to qualify for an account is $50K. Application for an offshore merchant account is always free, with no obligation. 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. With our high risk services, businesses can accept. To get a merchant account, one must submit an application with a merchant account provider. Create Multiple Virtual Terminal Users. PaynetSecure provides online dating merchant accounts specifically designed for credit card processing of online, in-app, and MOTO transactions. To get a merchant account, one must submit an application with a merchant account provider. This allows the acquirer to offer payment services to their clients. The Best Merchant Account Services. Payment Processing; High Risk Merchants; Cash Discount; PCI Compliance; POS System; SMALL. Over the years, Shark Processing has partnered with leading credit card issuers, such. For high-risk merchants, credit card processing online can be a challenge because of their corporate location or the industry they are involved in. Our merchant card accounts allow you to accept all major credit cards, including Visa, MasterCard, Discover and. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure Merchant accounts accept credit cards, debit cards, and other common types of online payment options, and having the right one can make the transaction process reliable and smooth for your customers. By offering secure payment processing, global payment acceptance, and comprehensive risk management tools, high-risk merchant accounts empower nutraceutical businesses to thrive in an increasingly competitive market. Phillip has researched and reviewed over 1,000 merchant services providers over the last 15 years. Due to frequent comparisons to nutraceutical companies, owners of cosmeceutical businesses need to be vigilant. Without a merchant account, you will not be able to accept payment via credit card or debit card. To get a merchant account, one must submit an application with a merchant. Even if you have been previously rejected by other credit card processors or have a bad credit score and. Without a merchant account, you will not be able to accept payment via credit card or debit card. If you use a nutraceutical merchant account, you can sell supplements, vitamins, and herbal products without the fear of. Zenti’s high-risk merchant account for CBD sales gets you set up and accepting payments online or in-store fast and easy. Domestic and international solutions. Customers provide their credit card info, and then the payment gateway passes the information between the selling business, the customer’s bank, and the seller’s bank, either approving or declining transactions along. +1 (970) 379-5216; Mon - Sat: 8AM - 6PM MT; Services. Most of the time, this. In most cases, the money then transfers to the business's account in. This has left numerous. Without a merchant account, you will not be able to accept payment via credit card or debit card. O. Preferential rates exclusive to Merchant Advice. Reasonable processing rates. services. The customer service department of D&B will be aware which financial stress class you belong to. Dedicated to negotiating the best terms for your supplement & nutraceutical business. Add echecks for more sales from US travelers. Unfortunately, it doesn’t always yield the best rates. The good news is that setting up an account with a processor or acquiring a bank to receive these payments isn’t difficult—the process typically takes a few days. High Risk Pay is a comprehensive solution perfect for nutraceutical merchants. A credit card machine allows small businesses to accept both credit. Of course, nearly everyone uses credit and debit card. By taking these steps, you can find the best nutraceutical merchant account providers that best suit your business's needs and helps you navigate the complex regulatory landscape. He also owns multiple businesses that accept credit card payments. With our high risk services, businesses can accept credit cards and other forms of payments for their products and services. All Nutraceutical Merchants welcome. That said, this will severely limit your ability to accept online. Without a mer. S. Comprehensive Merchant Account Solutions for Nutraceutical Businesses. One of the riskiest is the nutraceutical industry, which affects most consumers on a daily basis. Accept all major cards and payment methods. Automated clearing house (ACH) is a network that moves money electronically between bank accounts in the United States. 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. Merchants can begin processing in less than 1. Nutraceutical Merchant Account from EMB September 9, 2014 October 29, 2018 The nutraceutical business is booming, with new products being introduced every week, and TV doctors praising their benefits. Multiple payment options. Stripe is used by more than 200,000 businesses around the world to accept payments on the web and mobile. Having built a network of acquiring banks that work with high risk industries, Instabill offers affordable nutraceutical merchant accounts. But if you want to get technical, they recently reported that, while Square still doesn’t accept EBT card payments, the answer is yes for store owners who have Square hardware with the TotilPay app or are partnered with a merchant account services provider that accepts EBT card payments. If you are looking forward to spreading your business worldwide, it is important to have… Pricing for Nutraceutical Merchant Accounts. 9% + 30¢ online. Merchant Accounts For Nutraceutical Products 1. Credit card processing for wholesale and retail businesses. Live Chat, Phone & E-mail Support. Nutraceutical vs. These supplements have experienced problems due to their use as a muscle-building steroids. . When a customer purchases a product using a credit card or other electronic payment method, a merchant account communicates with the card issuer, withdraws funds from the customer’s account, and credits the merchant. Providing fast and easy merchant account applications to help businesses start accepting credit cards quickly. 650-699 Fair. In certain situations, we can expedite the setup process in 1 business day. All Nutraceutical Merchants welcome. Nutraceutical Merchant Accounts; Online Gaming Merchant Accounts;. 15% with an added $. In today’s business climate, it’s unfathomable to continue business without the ability to process credit and debit card payments. In The MediaHigh-risk Merchant Account Services. Documents. Nutra Payments Offers Retail & High Risk Nutraceutical Merchant Accounts. Despite your businesses’ unique needs, most banks and merchant processors categorize and charge nutraceuticals companies the same way they would standard retailers or e-commerce stores, trapping you into the wrong pricing structure with the wrong fees and rates. Square: Best overall. A merchant account is what allows your business to process payments made by credit, debit, gift or rewards cards. Catherine Nightingale. A merchant account is a specific type of bank account that allows merchants to accept payments. Power Your Business With Nutraceutical Merchant Accounts and Payments From MID Kingz Solutions — Easy, Reliable, and Secure. But why would banks avoid my business when the industry is. Operating identically as other types of payment processing, these accounts are underwritten with the knowledge that the businesses using them will not be traditionally what banks see. We find the best payment processing solutions for your company! Learn more. With technological advances, the payment services industry has evolved, with payment processors offering merchants new platforms to accept payments. The merchant account acts as the middleman between the. Mobile Card Reader. 250-472-5166. More simply, any ISO or credit card processor knowingly allowing a marijuana dispensary to accept credit cards is allowing their bank end bank to believe that it is a different type of business. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801. A start up mineral nutraceutical business needs the ability to accept payments for online sales. It can be hard to acquire merchant services for nutra product sales.