Boost sales from US shoppers up to 20% with ACH & echecks. Diversify your nutraceutical merchant accounts to mitigate risk. With an extensive history of partnering with these online businesses, Allied Payments is able to place most merchant accounts regardless of the products, services, or industry. High Risk. Soar Payments: Best for High-Risk eCommerce Businesses. We approve the accounts, manage risk, clear payments, and pay the forex merchants. This happened because the DEA in 2017 listed kratom as a “Drug of Concern” and most financial services companies cut ties with these businesses. As a result of these advanced security measures, banks can trust adult toy vendors and give them a long-term payment processing solution. Offshore Merchant Account. An acquiring bank, also known as an acquirer, is a third party that offers a merchant account to a business for the purpose of accepting payments. Our offshore. , banks often refuse to work with merchants that carry a higher risk, and those who are able to obtain accounts are sometimes subject to low processing limits, which can be detrimental to their business’s sales. Weight Loss Programs. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. Nutraceutical Merchant Account Experts. Selling nutraceutical products can be a slippery slope, which is why we’re straightforward with banking guidelines and protocol. Say goodbye to overseas credit card merchants and bitcoin merchant accounts for kratom purchases! We believe that U. MNBS Payment Solutions 888-505-6956 · March 22, 2015 · · · March 22, 2015 · ·The bank-to-bank transfers no chargeback payment platform was designed specifically for ecommerce businesses, particularly those classified as high risk merchants. No Chargeback Payment Gateway for Travel Merchants; Nutraceutical Merchant Accounts; Online Dating Merchant Accounts; Online Gaming Merchant Accounts;. Payment methods that can be used include credit cards, debit cards, ACH/eCheck, or gift cards. This implies the. High Risk Nutraceutical Merchant Accounts. For some it is, but for the majority of business owners. The MasterCard 3D Secure code is only for one-time use and is only available to the. Proven, reliable payment processing services for CBD and hemp oil businesses. Accept payments any way customers want to pay you. For instance, we may recommend a domestic and an offshore merchant account to ensure uninterrupted processing. Posted by The Roar of Freedom. Cheaper than card processing: A typical card transaction will cost a merchant around 3%, however, with eCheck, the cost. The technology in place within these adult merchant accounts ensures that fraudulent activities and chargebacks are kept to a bare minimum. Despite the money-making potential for nutraceutical businesses, companies are. All Dating Merchant Accounts are unique but included terms stay the same for most: merchant discount rate (MDR), transaction fees, monthly gateway fee, 0. Merchant Services. ACCEPT PAYMENTS ONLINE. Nutraceutical merchants often have customers from around the world. Credit Repair. 98% Approval Rating. Durango Merchant Services: Best for highest-risk businesses. Merchant account fees will vary between different payment processors for various reasons. Menu and widgets When Instabill representatives are approached about a nutraceutical merchant account, we don’t mince words. Retail Payments. The merchant ID is used for a variety. Address the needs of nearly every industry, thanks to our comprehensive array of merchant transaction. As a result of these advanced security measures, banks can trust adult toy vendors and give them a long-term payment processing solution. Secure MOTO Processing Gateway Protects You. The fee is assessed for every transaction made with a credit or debit card. But, understandably, they make. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. Say goodbye to overseas credit card merchants and bitcoin merchant accounts for kratom purchases! We believe that U. Access to new, emerging markets: With an offshore merchant account, an e-commerce merchant, for example, in the U. Here are some tips on how nutraceutical merchants acquire the payment processing needed to power business growth. 378 Northlake Blvd #134. We also partner with 3 rd party vendors to provide affordable merchant accounts and credit card processing services to high risk business around the word. Fantasy Sports. The risk of chargebacks from dissatisfied customers and the vague legal status of some supplements has placed nutra companies in the high risk merchant category . Electronics. O. Our team of nutra merchant account specialists can help you setup a solid merchant account foundation for your nutra business. You need to fill out the application to get a high risk merchant account. Nutraceutical merchants sometimes find that establishing a Nutraceutical Merchant account can be difficult. Fees that PayFasto will charge depend on factors like processing history, method of sales, destination countries, volume of sales, and products. All types of online gaming merchants qualify for accounts including mobile gaming; social gaming, multiplayer video games; fantasy sports; online poker; racetracks, pari-mutuel wagering; and casinos. Established in 1971,. To save yourself and your business a headache, you need to locate a high risk merchant account processor. 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. Nutraceutical businesses can enjoy fast approvals, low processing fees, and reliable. Collection Agencies. Bank transfers are the safest online payment method available for travel merchants and your customers. It is often a bank or other financial institution that is a licensed member of a card issuer such as Visa or MasterCard. 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. Access to new, emerging markets: With an offshore merchant account, an e-commerce merchant, for example, in the U. Unfortunately, if you’re on the TMF or MATCH list, you may have difficulties getting a merchant account from other providers as processors. Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant . Posted on March 27, 2018 April 28, 2023 by merchants. Best for online and international sellers: Durango Merchant Services. Many high risk merchant account providers use the same acquiring banks. Decrease expense. Your financials will also be under investigation, along with your. A high risk merchant account is a contract between a merchant and a bank. Businesses in this category often rely on solutions that can be time-consuming and expensive — especially when dealing with large volume transactions. Securely hosted, no SSL certificate needed. It is a virtual representation of a physical shopping cart, where customers can add products they want to buy and keep track of their order before checkout. Free application with no obligation. Besides collecting all the. The accounts enable acceptance of payments from customers in the US and overseas. All merchants are set up directly with their acquiring bank, eliminating middlemen and excess fees. Explore offshore account Offshore Processing. Nutraceutical businesses can be very profitable. This. The best nutraceuticals merchant account. These supplements have experienced problems due to their use as a muscle-building steroids. FREE Cost Comparison. Quickly send money to winners. The more ways customers can buy from you, the more sales you make. Possible tax breaks: Many high-risk businesses opt for offshore merchant accounts because of less tax restrictions in other countries. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. The payment processor manages the merchant account on behalf of the business, providing ongoing support and monthly reporting. The recurring payment processing model is a common billing method businesses use by merchants in various industries. It can be challenging to navigate the payment processing restrictions that apply to nutraceuticals. 65%, Visa will request an investigation into the cause and that an action plan be developed. With an echeck merchant account, electronic check payments are processed and cleared through the echeck gateway instead of the ACH network. Helping domestic and offshore businesses with credit card processing. The type of industry you are in, your location, and even your credit history all determine your merchant account classification. High Risk Payment Gateways. About Us Who we are. Tech Support. The nutraceuticals industry is booming in the United States, but how is it fairing around the world? In India the nutraceutical market is growing at a rate faster than in the U. We offer support to companies who need an online gaming merchant account for a sustainable business. You will receive the monthly income 45 days. Businesses like these cause the merchant account provider to take on more risk and are often charged more in processing fees as a result. High-risk merchants face limited choices in processors, plus raised fees and. This has created a significant demand for online credit card sales and nutraceutical merchant account services. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. Best for chargeback monitoring: SMB Global. eMerchant Authority is the leader in payment processing for high-risk merchants. There are few providers who offer customized end-to-end payment solutions, which are more beneficial for the merchant as compare to others. Currently the. It provides credit card processing services for businesses of all sizes. This is a non-interest-bearing savings account used by the acquiring bank as a type of insurance against chargebacks. Processing payments through acquiring banks in the regions where your customers live gives you a huge boost for card approvals. Unfortunately, this high projection still does not ease the process of being approved for peptide merchant account services from banks. First, the merchant account established with the acquiring bank, gives you the ability to debit & credit cards and other payment methods. 1. Get approved for a nootropic, supplement and nutraceutical merchant account. It’s basically an eCommerce list that warns other financial. Internet. 2. Tech Support. Reach out to our payment processing. In addition, our credit card processing services do not restrict. Bank transfers are the safest online payment method available for nutra merchants. This has led the banking industry to classify supplements and nutraceuticals as “high risk” sectors, which in turn requires a more thorough underwriting process before supplement merchants can open a merchant account. $10/month. Approval. High-risk industries such as online. Offshore merchant accounts are proven to be the best. This will allow businesses or. comGet Started Today. Third is vaping and e-cigarettes. See full list on merchantnegotiators. S. By procuring more than one merchant account in various jurisdictions, you can lower your chargeback rates. Having built a network of acquiring banks that work with high risk industries, Instabill offers affordable nutraceutical merchant accounts. With high risk merchant accounts, the bank may use risk management strategies like a rolling reserve, to protect the bank and the merchant from potential losses. Without a merchant account, you will not be able to accept payment via credit card or debit card. And increase sales. This implies the. Merchant accounts for travel bus sinesses allow merchants to accept transactions, whether online, over the phone, or in person. Depending on the business’ industry, the history of the business or its owner, these can affect a merchant requires a high-risk merchant account in order to operate. Merchants in need of a high risk merchant account can find affordable payment processing without the excessive fees that other merchant services providers charge. That means more risk, to your business and to. Comprehensive Merchant Account Solutions for Nutraceutical Businesses. Collection Agencies. Attractive rates. S. A Terminated Merchant File is used by processing companies to screen merchant account applicants. Offshore merchant accounts are proven to be the best. Nutraceutical. Online and mobile transactions, using either an ewallet or stored bank cards, are the newest. Merchant accounts for Herbal Supplements, Nutraceuticals, Botanicals, Vitamins and Online Pharamcies. Supported industries: Adult services, CBD, online dating, vape sales. An ACH (Automated Clearing House) merchant account is a type of bank account that enables businesses to accept electronic payments from their customers through the ACH network. ACH fees may vary depending on your payment processor, your account agreement, your transaction volume, and. While the industry has operated without many regulations, the Federal Government has threatened to clamp down with online payments. High volume offshore merchants accounts are preferred by most international acquiring banks. Presently, the question lies in how to choose the most effective, and secure payment gateway provider The cryptocurrency industry is quickly evolving, as well as the payment gateways sector is growing. , those with both physical and digital storefronts), Moonlight addresses. audience that continues to be extremely health conscious is the baby boomers. Many times a high-risk payment processor will offer payment gateway solutions that can help merchants domestically and offshore to set up their merchant services. If you are looking for payment gateway and merchant account, then you have come to the right place. Great option for merchants targeting international markets. The ACH network is a system that facilitates electronic transfers between bank accounts in the United States. Apply Now. The MOTO. Offshore merchant accounts seldom have caps on volumes; Quick incoproation. Are you looking for a Merchant Account to process payments for your online nutraceutical business? Merchant accounts for Nutraceutical businesses are not easy to get. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. S. When you begin your payment processing. “So I could have been routing my payments. Just apply online, and we'll take care of. Needless to say, you have much higher chances of approval. High Volume Merchants; Software and E-Book Merchants; Electronic Cigarettes. Customer support: Instabill merchant account managers assist the merchants from the application process throughout the life of the partnership. This feature opens up new markets and expands the customer base, driving sales growth for nutraceutical merchants. You sell a service that does not show up on the door in one to two weeks. , those with both physical and digital storefronts), Moonlight addresses. Holdback, chargeback fee and processing rates negotiable & waivable depending on industry and perceived risk level. an offshore merchant account is usually the best solution. The final key difference is that high-risk merchant accounts typically require a longer application process than offshore merchant accounts. Our offshore solutions provide long-term simple solutions to merchants who would otherwise be unable to process credit card and debit card transactions. Once you’ve obtained your merchants services contract, you can now proceed with registering your credit card processing services with credit card issuers, such as MasterCard and Visa. Learn more about our solutions for Nutra merchants. Benefits of Accepting Crypto for High-Risk Merchants. For a full list of references about offshore merchant accounts, please refer to this article here. Crypto Payment Processing/Crypto Merchant Accounts Merchants tips for accepting Cryptocurrency payment processing. $20/month. While traditional banks view companies in this sector as high risk, with a nutraceutical. Retail. There are a number of merchant account providers and payment processors. The subscription business may include tangible goods such as monthly magazine issues, subscription boxes, and health supplements, to name a few. #1 PaymentCloud Strong Reputation For Fast Approvals. Performance Card Service (PCS) specializes in high risk merchant accounts and other payment processing solutions. Merchant service partners get 15% up to 50% of recurring revenue based on your successful referrals. com, know that nutraceutical merchant accounts are hard to come by. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. They offer point-of-sale solutions, online marketing tools, an online payment gateway, and virtual terminal services. Minimum monthly processing to qualify for an account is $50K. Adding secure bank transfers on your checkout page as an alternative payment method boosts profits by eliminating the risk of chargebacks. This is where Allied. Founded in 1999, Durango Merchant Services is a merchant account provider for both U. One common reason is the inability to obtain approval with local banks due to the nature of their industry. This labeling has made applying for and approving a merchant account difficult. We get nutraceutical merchants approved when other processors decline. Merchant Account for Herbals and Nutraceuticals Provides you with: *FREE Merchant Account to process your herbal business transactions. The merchant account is a financial product that allows businesses to be tied into the Visa, MasterCard, Discover, and American Express networks. High-risk merchant accounts offer global payment acceptance, allowing businesses to process transactions from customers located in different countries. This means that applying without an expert to help you dramatically decreases your chances of ever getting approved. First, on the high risk merchant list is nutraceuticals. Online casinos are one example of a high risk business. Secure Form PCI Compliance International Merchant Account Offshore Company Registrations Web Services Provided by our Tech Team 3D Secure. Merchants with businesses that require high risk credit card. If you are a nutraceutical merchant and you are looking for a high risk merchant account you can choose to work with Offshore Merchants as a leader in the high risk payment processing industry. Free application with no obligation. 4 million US dollars by the year 2025. But UBC understands the unique needs of the nutraceutical industry and we have multiple domestic and international options to keep. To determine the risk associated with your nutraceutical merchants, underwriters need to review the application files. 95/month. This is well over what Visa considers an excessive level of chargebacks. March. Merchant Quarters focuses on beautiful and functional goods produced by socially responsible vendors with mindful and fair trade philosophies, and carries larger brands,. Increase orders. Nutraceutical companies offer a lot to their consumer base, which includes anyone looking to improve their health or beauty—so, everyone. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. Choice of banks world-wide. What I can do for you—SiftPay! If you need a merchant account service provider for your Las Vegas business, look no further than SiftPay! We are an experienced, fast-growing merchant service provider right here in Las Vegas, delivering comprehensive credit and debit card processing solutions across all online payment forms, card brands, and merchant segments with a. Due to regulatory and compliance concerns, these businesses face challenges in finding suitable merchant accounts and payment gateway solutions. The bank-to-bank transfers direct payment platform was designed specifically for high risk ecommerce businesses including nutraceutical merchants. Durango specializes in placing high-risk business types, including businesses that require offshore merchant accounts. It is an anti-fraud security feature to help verify that you are in possession of your credit card. If. The best high-risk merchant account providers are: PaymentCloud: Best Overall. Online Gambling Merchant Account. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them. With an offshore merchant account, it’s easier to process credit card payments under major companies like Mastercard and Visa. Those selling subscriptions or nutraceuticals are especially vulnerable. Merchant Stronghold have its Head quartered in Clearwater, Florida. On average, over 60 million automated clearing house transactions worth over $1 Billion are processed daily through. Apart from enterprises selling diamonds, gold, precious stones, cigarettes, weapons, counterfeit products, illegal drugs. When using an offshore merchant account, your acceptable chargeback ratio increases from below 2% to 3-4%. We currently process payments for companies doing from $10,000/month to over $60 million/month. 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. Load balancing multiple merchant accounts on a single gateway is an easy way to protect your business. Further projections have the U. Supported industries: Adult services, CBD, online dating, vape sales. 2 – Instabill . Merchants will also have to apply through the proper channels to receive. services are concerned. Canadian Merchant Account;An offshore merchant account allows you to accept and process payments with bank cards over the Internet in 2023. It also encompasses intangible goods such as subscription accounts that give clients. 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. Find the healthiest merchant account option today for your nutraceutical business. You must also have a bank account for that registered company. A merchant account is a business bank account that allows the movement of funds between issuing and acquiring banks to settle transactions made using credit and debit cards. The Advantages of a High Risk Merchant Account for Nutraceutical Products. Home Front Page. Approval. Fast setup. With these requirements in mind, businesses can qualify for a nutraceutical merchant account more quickly by working closely with their payment processor. These can include manufacturers and retailers of private label supplements,vitamins, minerals, amino acids, herbs, and enzymes marketed in various forms: tablets. Nutraceutical Merchant Account. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. Their consumption of calcium, Vitamin D, fish oil capsules, and supplements to keep joints moving without pain are at record levels. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. 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. Get the processing volumes you need. High Risk Merchant Accounts; Offshore Credit Card Processing | International Payments Processing. You simply submit an application along with supporting documents. Nutraceutical businesses can enjoy fast approvals, low processing fees, and reliable. Top-notch security exceeds the most rigorous standards for safe, compliant processing. Since popular payment systems such as PayPal don’t work with merchants labeled as “ high-risk merchants,” you might find it very hard to pick a company that caters to high. As many businesses do, Nutraceutical Merchants may deal with high charge back ratios and Patriot Bankcard can connect you with offshore acquiring banks that have fewer trading restrictions and can provide you with a nutraceutical. Accept debit & credit cards. A provider of high risk merchant services since 2001, Instabill is offering additional payment processing options for nutraceutical merchant accounts. Collection Agencies. Safeguard your business and protect your customers. Protect your nutraceutical business from exorbitant bank holds and reserves. Fast approvals. $14. Our goal of offering low-cost merchant account services with the most advanced payment gateway software has fueled our success. New broker business echeck accounts are easily approved and set up. com. Also known as a tobacco shops, many financial services companies have distanced themselves from the industry. Yet few banks accept nutra accounts. Features of ePay Global Payment Gateway Costa rica . A continuity subscription merchant follows a billing model that collects monthly payments for goods or services they provide. Getting a merchant account for an offshore tech business can’t always be the easiest thing in the world. Offshore High Risk Merchant Account Providers. The accounts enable acceptance of payments from customers in the US and internationally. Offshore merchant accounts can be the golden ticket to taking your business to new heights. Transaction management available through our Merchant Management Console. (Including Offshore). 1. Performance Card Service (PCS) is a leading provider of offshore merchant accounts for companies that have difficulty qualifying for domestic credit card processing. The merchant’s industry presents concerns, such as reputation, health. Signature Payments is the #1 payments company in the industry of high risk vape and E-Cig merchant accounts. The global outlook for nootropics is also impressive, with a 17. Decrease expense. Our online gambling merchant account fees are industry-competitive and affordable, and the application process is free. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. Offshore Merchants can provide your business with a high risk merchant account to accept Visa and MasterCard. Tech Support Merchant Accounts. In other words, you’re either a younger business/startup, or pose some other sort of risk to banks (i. The main difference is that merchants seeking offshore merchant accounts are generally classified as high risk by US acquiring banks. It works as legal consent to accept credit card payments online. Fastest approval; Easy to get. PAYFASTO NUTRACEUTICALS PROCESSING DETAILS. Whether businesses require a virtual terminal or only need a gateway, Allied Payments can help. Get Started Today. High risk merchants start processing and before they know it, the bank terminates them. The same merchant account can be used for online payments or. Performance Card Service (PCS) specializes in high risk merchant accounts and other payment processing solutions. The agent gets commission for the time the merchant processed transactions, and the merchant is left trying to get their funds released and find a new home for their new joins and legacy rebills. SMB Global: Best for international merchants. A Merchant Account Focussed On the Needs of Nutraceutical Products. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. sector as far as merchant A business that accepts credit cards for goods or services. The bank-to-bank transfers direct payment platform was created specifically for high risk ecommerce businesses including travel merchants. International Payment Methods. Herbal Products and Nutraceutical Merchant Account Nutraceutical products have become a much sought after industry as a one-time customers generally turns to a recurring customer. If you are looking for a high volume merchant account or having problems with ticket sizes, regardless of the risk, we can help. Address the needs of nearly every industry, thanks to our comprehensive array of merchant transaction. Choose from a variety of competitive revenue sharing programs for the right compensation model focussed on high risk accounts. Today’s most common method involves swiping a debit or credit card at a merchant location. Accept credit card payments and monitor your processing with your nutraceutical merchant account. eMerchant Authority’s Online Gaming Merchant Options. Apply today. Merchant accounts are needed for nearly every type of business. Allied Payments offers many payment solutions that will help merchants grow their businesses and make smart business decisions. Gain access to an extensive network of domestic and. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. If you have a Point of Sale (POS) terminal at your “brick and mortar” location, you’d be told to process payments through your POS terminal, using the “Print and Call” option where customers can call you with their credit. Merchant Services. only low risk merchants, but most will also accept high risk merchants including travel, adult entertainment, gaming, nutraceuticals, dating etc. Nutraceutical products are increasingly becoming more and more popular all over the world. Merchant Stronghold specializes in high risk and offshore merchant accounts. The addition of secure bank transfers to your checkout page boosts profits with no risk of chargebacks. 98% approval rates for high risk credit card processing. Encouraging buyers to pay with crypto to helps reduce chargebacks and keeps card merchant accounts in good standing. Setting up an offshore corporation is fast & inexpensive. The Florida-based merchant account provider, Allied Payments is capable of serving most domestic high-risk business types. High-risk payment processing refers to the handling of transactions that are considered to have a higher level of risk, such as products in the nutraceutical industry. Are you struggling to secure the payment processing solutions your nutraceutical business needs? Unfortunately, there are many industries whose merchants struggle to secure merchant accounts for their businesses – the nutraceutical industry is definitely among them.