, ach & credit card processing)
Copy of the fulfillment agreement. The high risk merchant account provider initially approves your account. Nutraceutical-friendly merchant partners should be sought from the start. We approve the accounts, manage risk, clear payments, and pay the forex merchants. S. Our friendly and efficient customers work 24/7 to help your customers with any issues they may be facing. We provide natural supplement merchant accounts for the following: Startups and existing businesses – we help all types of businesses. STEP 4: OBTAIN NECESSARY PERMITS AND LICENSES. services. If your business has a brick-and-mortar. 55 billion this year and a projected CAGR of 9% for the next decade. Learn MoreProcessing History for Stripe, Square, and PayPal. Nutra has nothing to do with pharmaceuticals. Merchant Services For Travel & Entertainment Business - National Merchants is your trusted partner and advocate in credit card processing. It enables nutraceutical merchants to securely process payments for a wide range of dietary supplements, vitamins, herbal products, and other nutraceuticals. Generally, our. There are two main reasons for this. When customers select a product they want to. Step 4: Sell your nutra. We charge the fees differently based on several factors: merchant processing history, industry type (low or high risk), projected sales volume, etc. . No Comments. streamline payment processing. They also struggle to secure the financing they need to grow their business and cover costs. The supplement industry experiences chargebacks because the products are not under heavy regulation by a government body. E cigs provide many of the same effects of nicotine without creating smoke, rather emitting water vapor. Unfortunately, this high projection still does not ease the process of being approved for peptide merchant account services from banks. Your customers need an integrated and secure payment gateway to purchase their supplements. Nutraceuticals are divided into three distinctive categories: functional food (probiotics, nuts, tomato products, yogurt), functional beverages (sports drinks), and dietary supplements (vitamins, minerals. This alert system helps keep. 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. Get more volume quickly. Merchants with businesses that require high risk credit card. Nutraceutical businesses are among the high-risk ones – those susceptible to fraud, chargebacks, and strict legal regulations. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. Typically, a merchant account is used for credit card processing and eCheck processing but can be. This is well over what Visa considers an excessive level of chargebacks. Get Started Today. Whether businesses require a virtual terminal or only need a gateway, Allied Payments can help. Pet supply merchant accounts Storage facility merchant accounts with. The MasterCard 3D Secure code is only for one-time use and is only. Their consumption of calcium, Vitamin D, fish oil capsules, and supplements to keep joints moving without pain are at record levels. Despite the. Built-in virtual terminal. Household debt is at an all-time high, and it’s more important than ever for debt collection agencies to have access to convenient and robust payment processing solutions to collect debt payments. Other benefits of Nutra products are: Improves sleep. Stay processing and keep track of your transactions with your nutraceutical merchant account. The merchant ID is used for. Telehealth medical providers appreciate the ease and convenience of having payment processing included with the telemedicine software. Durango Merchant Services: Best for highest-risk businesses. All of them are. eMerchantBroker has also received 12 informal reviews from merchants, with 10 of them positive in tone and 2 which are negative in tone. 3 billion in 2022, and is expected to grow at a CAGR of 8. Your creditworthiness is evaluated to determine your eligibility for a nutraceutical merchant account, considering various risk and market factors. It ensures that customer payments are processed securely, protecting both the customer and the company. The US share of the global market was substantial. Better skincare. The MasterCard 3D Secure code is only for one-time use and is only. Unexplained gaps in processing history. 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. We provide secure payment gateways (shopify, woocommerce, etc), ach & credit card processing. Once a high-risk nutra merchant account is approved, payment processors set monthly processing limits. When you secure your payment processing volumes, you give yourself the ability to grow your company. A provider of high risk merchant services since 2001, Instabill is offering additional payment processing options for nutraceutical merchant accounts. 7650 South McClintock Dr #103-437 Tempe, AZ 85284 1-888-405-3093A high-risk merchant account is one that works with businesses with a higher risk of chargebacks, fraud, or failure. Without a merchant account, these businesses have no way to accept credit and debit card transactions. NACHA , which operates the vast ACH network within the United States, doesn’t set the interchange fees associated with ACH payments. According to Grand View Research, peptide sales are expected to peak at 48. regulations that dictate other. They also struggle to secure the financing they need to grow their business and cover costs. Typically the holdback amount with high risk services is bewteen 5 and 10%. In order to properly set up, a nutra business online, merchants make sure to go through a few important steps (we can help). Our friendly and skilled representatives are standing by ready to assist you. Check out our nutraceutical merchant accounts today and. Nutraceuticals tend to prolong the aging process, increase life expectancy, foil chronic diseases, and generally improve our wellbeing by boosting the functions and performance of the human body. Typically 3 months of processing statements will be suitable to prove your business is operating with the interests of your customers in mind. Nutraceutical businesses can be very profitable. It is loose, and it is unregulated. First Card Payments Ifyou’re starting a nutraceutical business, you’ll probably find that setting up payment processing Read: Nutraceuticals Business Guide. For this, the merchants depend on credit card payments from customers to make money and support growth. Nutraceutical merchant accounts have also assisted the nutraceutical industry in a majority of ways. Apply Now. From account management software and CRMs to accounting applications, we can link into them all with just a click of a button. Rich Cloud Reporting. Business funding options. 49 billion by 2028. Contact us to learn more about our services or start the application process today. A merchant account is a specific type of bank account that allows merchants to accept payments. A payment gateway is a bridge between the merchant, the customer, and the issuing bank that helps process transactions. The final step in your custom nutraceutical supplement business is to begin processing payments on your site. Of course, the large team will be there to assist you in completing the kit before sending it to the bank. Within the realm of high-risk payment processing, the nutraceutical industry stands out as one of the most challenging sectors. If you take a nutritional supplement, you. 6 billion by 2017. International accessibility. 1 billion. The overall fees include:Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. Offshore Nutraceutical Merchant Accounts (with payment processing history): Instabill requires 3-6 months of payment processing statements displaying your company name as well as total sales, chargebacks, refunds and returns. Ways that nutraceutical companies can get their credit card processing in order. Get Started Today. High Risk Nutraceutical Merchant Accounts. Various payment methods, such as credit cards, debit cards, and other options, can be used for processing. This has led to more vape shops and online vape shops while increasing the need for ecommerce merchant accounts. Reach out. The company’s products include ACH processing, an online payment gateway, merchant cash. Call us Toll Free (866) 509-7199. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. When they are. Nutraceutical products are increasingly becoming more and more popular all over the world. Accepting checks requires using the customer’s bank routing number and checking account number to debit funds without a physical check present successfully. Nutraceutical Merchant Accounts. Factors such as fees, security, customer support, and compatibility with your business model need to be carefully evaluated. However, we commit to provide the lowest rate to your merchant account. Our Internet merchant account services provide businesses with the reliability and security to run smoothly and thrive over the Internet. Every merchant has a different ID number, much like every individual has their tax ID number. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today! Back. Allow 3-5 business days for approval of US nutraceutical credit card processing accounts. Sharper mental clarity. To get a merchant account, one must submit an application with a merchant account provider. Once a high-risk nutra merchant account is approved, payment processors set monthly processing limits. Given that it greatly reduces chargebacks, merchants benefit greatly in Visa Verified transactions by getting an extra authentication factor with every transaction that go through their site. Health Supplements Market Manufacturers of health products can end up with legal troubles if they deal with claims. 3 billion in 2017. 1. Easy-to use centralized dashboard. 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. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. Most banks in the world dread dealing with nutraceutical industry. To stay competitive, businesses must use. Published on November 7, 2018. If chargeback rates are low, it is a good thing,. 02 billion USD over the next six years – at a compound annual growth rate (CAGR) of 9. With increasing consumer demand for convenient and secure payment options, accepting credit cards and implementing efficient payment processing solutions have become essential. audience that continues to be extremely health conscious is the baby boomers. E cigs provide many of the same effects of nicotine without creating smoke, rather emitting water vapor. com’s expert team can help you receive a merchant account for your online, shopping cart, recurring billing or free trial nutraceutical business in as little as 24 hours. We find the best payment processing solutions for your company! Learn more. Dedicated to negotiating the best terms for your supplement & nutraceutical business. . Copy of the fulfillment agreement. Fortunately, TailoredPay can help businesses in the nutraceutical industry find the right high-risk merchant account for their needs. Merchant Accounts. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. You need a dependable high risk merchant account provider for your nutraceutical merchant account. The list of industries considered high risk is long and includes nutraceuticals, magazine subscription services, CBD, debt consolidation, multi-level marketing, travel, and many more. Minimum processing: $5,000 minimum for national. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. Nutraceuticals are highly regulated products that require specialized payment processing solutions. Terms like “processing for free trial merchants,” “fraud prevention” and “lower chargebacks” may indicate that they are equipped to handle the special challenges that your industry. Next, you can review our full proposal (which includes pricing), and DocuSign it when you’re ready. PayDiverse offers CBD payment processing at the lowest industry rates & has multiple banks that accept CBD merchant accounts. The Smart Drug Industry. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the. But despite providing. Early warning chargeback prevention services. An online business generally utilizes a payment gateway, but transactions are not limited to e-commerce online payments. S. The Best Merchant Account Services. Business operated in high risk” industries (see list below) Business offer’s a free trial followed by a recurring monthly or annual payment. Also known as a tobacco shops, many financial services companies have distanced themselves from the industry. Third is vaping and e-cigarettes. NACHA , which operates the vast ACH network within the United States, doesn’t set the interchange fees associated with ACH payments. Performance Card Service (PCS) provides herbal supplement merchant account services and other payment options to keep your business as healthy as the products you sell. Based in Lindon, Utah, National Processing is a merchant account provider that serves both standard-risk and high risk merchant sectors. Obtaining nutraceutical credit card processing is a challenge sellers face. Online Credit Card Processing. We welcome all merchants and our high risk merchant account services are easy to operate. The term nutraceutical was introduced in 1989 by American medical doctor Stephen L. 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. Specializing in eCommerce businesses, Allied Payments can provide a host of different payment options. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. ACH Network transactions are fully electronic and governed by rules by NACHA and the Federal Reserve. Increases energy. Compare quotes from merchant providers who understand supplement & nutraceutical payments! Access 90% of UK's leading merchant acquiring banks. Applying for a nutraceutical merchant account requires. It can be any kinds of foods or supplements that can be considered medically or functionally beneficial to ones body. We support weightloss,. According to a recent report, the Global Nutraceutical Market was valued at $382. Why You Need Nutraceutical Credit Card Processing. Here’s how our reliable and specialized payment processing solutions can give your business the confidence to scale quickly: 25+ Acquiring Banks to Choose From; Dedicated and Responsive Payment Experts; Flexible and Scalable Merchant Accounts; Chargeback Reduction Solutions; Set Up Your Nutraceutical Merchant Account Today. A payment gateway is an Internet application offered by merchant services providers for use to authorize high-risk credit card and debit card payment transactions. Accept credit card payments online hassle-free. Online Credit Card Processing. Once a business hits a ratio of 0. Check processing, ACH and direct debit;Host Merchant Services: Best for large high-risk businesses. As a business expands, our online payment processing services can quickly scale accordingly, preventing any. Call you today to discuss our high risk ach processing programs. The nutra industry has seen an annual growth rate of about 6. In the United States, about 75% of adults take some form of dietary supplement; 10 percent over the past 10 years, according to the Council for. So, what does it really mean to be Visa. In fact, many banks have. Get the processing capacity you need to manage & grow your nutraceutical business. According to the Council for Responsible Nutrition, 80% of Americans use some type of supplement. A high-risk merchant account will accept the risk and allow you to process credit cards. 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. Call: 03 8592 0511 Call: +44 20 3670 1774 Given there are a lot of rules in the credit card processing industry these days, it may become difficult for legitimate nutraceutical and pharmaceutical sales companies to secure a functioning merchant account. Retail Payments. As a result, it may make banks hesitant to approve merchant. Nutraceutical merchant accounts are the ideal solution for online nutrient, dietary supplement, and herbal product manufacturers and retailers looking to grow their business and put the pains of finding high volume processing capacity behind them. Shopify Payments Membership & Recurring Billing Nutraceutical Shopify Payments +208-806-2953 Membership & Recurring Billing Membership & Recurring Billing With a high. 1. When Instabill representatives are approached about a nutraceutical merchant account, we don’t mince words. 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. Bank account verification: Decreases return rates. – Sex Toys. What you did 2 years ago is irrelevant for most merchant account applications. For nutraceutical businesses, there are distinctive considerations. Article by Jonathan Bomser | TouchSuite. Nutraceutical Merchant Account. We at EMB know the trials and tribulations that those in the nutraceutical industry can face, and we will not judge or punish your company for it. 1. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. Each nutraceutical merchant account is different. Authorize. Take a look at your ACH payment processing, merchant accounts, and how your company handles chargebacks. 70 70. It is possible for a bad credit merchant account to be upgraded to a regular merchant account, but it will depend on the merchant’s credit history and the merchant account provider’s policies. 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. The market is projected to reach USD 220. Enjoy credit card processing solutions, a secure payment gateway, credit repair, a virtual terminal, etc. “The biggest risk is not taking any risk” – Mark Zuckerberg Online pharmacy is a leading business on today’s eCommerce market. Nutraceutical merchant accounts have also assisted the nutraceutical industry in a majority of ways. residents have become more focused on preventative health and are willing to spend a lot of money on vitamin supplements and other nutraceutical items. Due to regulatory and compliance concerns, these businesses face challenges in finding suitable merchant accounts and payment gateway solutions. Call First MCS at (866) 673-3099 to learn more about how we can help businesses in the nutraceuticals industry in the Chicago, IL area. Typically, US banks need the past 3 months processing history, and EU and offshore banks the past 6 months. Ways that nutraceutical companies can get their credit card processing in order. A merchant account is a specific type of bank account that allows merchants to accept payments. and also check your credit history. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. 3. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. 50. These limits are typically between $25,000 and $100,000 per month. The Payment Experts. Payment processing companies have fixed jurisdictions for merchant acceptance, and. The rapid expansion of the nutraceuticals industry –food and drinks with possible health advantages – is driven by current shopper trends. A nutraceutical merchant account allows these merchants to not only secure the credit card processing services they need, but also take advantage of. The MasterCard SecureCode is a 3D Secure program adopted by MasterCard for the security of its customers. While these processors have reduced the acceptable business models, there have been banks emerged with a risk appetite. A Terminated Merchant File is used by processing companies to screen merchant account applicants. It is understandable that you would want to have a profitable credit repair business. Merchant Processing Advisors can provide your company with a merchant account at a competitive rate along with the services and features that a nutraceutical company needs, such as the ability to handle multiple currencies, PCI compliance, integrated shopping carts, value added software, fraud and chargeback protection, and secure payment gateways. So, merchants in this industry need to find a way to obtain one. A payment gateway is an Internet application offered by merchant services providers for use to authorize high-risk credit card and debit card payment transactions. These businesses are often rejected by standard merchant accounts because of the risk to banks. High Risk Nutraceutical Integrations. Here’s how our reliable and specialized payment processing solutions can give your business the confidence to scale quickly: 25+ Acquiring Banks to Choose From; Dedicated and Responsive Payment Experts; Flexible and Scalable Merchant Accounts; Chargeback Reduction Solutions; Set Up Your Nutraceutical Merchant Account Today. Copy of call center agreement. After a quick internet search, you find a provider offering “instant merchant account approval” for high risk credit card processing. Due to regulatory and compliance concerns, these businesses face challenges in finding suitable merchant accounts and payment gateway solutions. International Payment Processing (4) Lenders Merchant Account (2) Moto Merchant Account (1) Nutraceutical Merchant Account (1) Payday Lenders Payment Processing (1) Payday Loan Processing (3) Recurring Billing (13) Recurring Payment (12) SaaS (1) same day ach (2) Secure Payment Processing (14) travel merchant account (1)According to Zion Market Research, global dietary supplements market was valued at USD 132. According to recent reports, the Indian nutraceuticals market will probably make to the tune of $10 billion come 2022. This has led to more vape shops and online vape shops while increasing the need for ecommerce merchant. Nutraceutical Products Credit Card Processing. Acquiring and maintaining a reliable merchant account is a significant challenge for nutraceutical businesses. 5%. Once funds have cleared into your merchant account you can then move this into your business account. 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. 1 billion. Your customers need an integrated and secure payment gateway to purchase their supplements. Fees that PayFasto will charge depend on factors like processing history, method of sales, destination countries, volume of sales, and products. In some cases, it is a planned and intentional act of fraud, but in other cases it may be something like “ friendly fraud . These supplements have experienced problems due to their use as a muscle-building steroids. Free setup and zero upfront fees. That’s where we come in. A merchant account is a specific type of bank account that allows merchants to accept payments. Accessibility Click here for Accessibility adjustments. The main drivers of this growing demand include increasing health concerns as well as changes in dietary lifestyles. Cross-border transactions are also a risk factor and can make it difficult to obtain a merchant account. This is well over what Visa considers an excessive level of chargebacks. Bank transfers are the safest online payment method available for nutra merchants. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Last Updated: March 13, 2023 3 User Comments Payment Processing for Nutraceuticals is Complicated As with labeling and advertising regulations, the payment processing. A subsidiary of Visa, Authorize. What Are Nutraceutical Merchant Accounts? A nutraceutical merchant account is required to accept and process card payments. Get a Merchant Account to Sell Supplements Online From MID Kingz Solutions. We have found only 2 negative reviews about PaymentCloud, so the company is probably not a scam or ripoff. If you have started up more recently, provide what you have since the start. Get started right now by contacting us online or giving our merchant services specialists a call at 844-661-0725. Improves gut health. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. 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. Nutraceutical Merchant Accounts 2018. , with eMerchant Authority. As a result, Nutraceutical businesses face various challenges in payment. Choosing an ideal payment gateway for your nutraceutical company whittles down the risks that come with processing. With decades of experience, our team is committed to providing competent knowledgeable advice and a plan of action to get your merchant account approved quickly. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. The global dietary supplements industry was estimated at $123. The process usually requires processing payments from the customer’s account into the vape merchant account. The main types of payment processing services include: ACH (eCheck) Check 21. 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. Traditional merchant accounts can be expensive and slow so you may consider an alternative solution. . Diversify your nutraceutical merchant accounts to mitigate risk. Check verification confirms that routing. Fees also vary by card type. The rapid expansion of the nutraceuticals industry –food and drinks with possible health advantages – is driven by current shopper trends. Our CBD merchant services cover Cannabidiol, Hemp & CBD Oil considered high-risk merchants. We will also give you a few tips on how to choose. Internet based Nutraceutical Product transactions are conducted on our 100% secure platform. This includes wrinkle creams, dietary supplements in powder form, and libido. 3rd party integrations. We keep your money safe, so you can keep doing what you love. One of the riskiest is the nutraceutical industry, which affects most consumers on a daily basis. Overcome the toughest of merchant challenges & disapprovals. Discussing Nutraceutical Payment Processing & Merchant Account & Regulations. If your online store needs a stronger merchant and payment. Pricing for Nutraceutical Merchant Accounts. Despite […]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. Secure, dependable payment gateway. Dispute resolution. A merchant account is a specific type of bank account that allows merchants to accept payments. This is crucial for building trust with clients and maintaining a strong reputation in the industry. Travel Merchant Accounts are a type of account that is used by travel agencies, tour operators, and other travel-related businesses to process credit card transactions. Funds leave the customer’s account and get deposited into the merchant account. Without a merchant account, these businesses have no way to accept credit and debit card transactions. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. This alert system helps keep. Get a Merchant Account to Sell Supplements Online From MID Kingz Solutions. Gateways; Cash Advances; Essential Services Menu Toggle. The nutraceutical business is booming, and every year brings new products. Along with the application, merchants will need to submit the following items to. . Companies that offer pharmaceutical alternatives struggle to obtain nutraceutical merchant accounts because the industry still struggles to find. Secure online payments with bank transfers are like cash payments and cannot be charged back. Three Months Processing history showing a at least $50,000 per month is required to qualify for an adult merchant account. How To Apply For A Supplements Or Nutraceuticals Merchant Account. 800. Why supplement merchant accounts are a struggle. Here’s a snapshot of adult industries that use specialized payment processing: – Adult Bookstores. 4 billion as of 2015, and is estimated to reach $204. That means more risk, to your business and to. Once a high-risk nutra merchant account is approved, payment processors set monthly processing limits, typically between $25,000 and $100,000 per month, for the first three-to-six-months. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a. The merchant ID is used for. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. New broker business echeck accounts are easily approved and set up. This includes information on individual transactions and batch totals with comprehensive reporting tools. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today!. A simple, easy to find return or refund policy. Therefore, they require payment processing methods tailored to their needs. Nutraceutical merchant processing history is also an important part of underwriting procedures with plenty of attention given to chargeback ratios. Retail Payments. Nutraceuticals Payment processing for Nutraceuticals Nutraceutical merchants online credit card processing solutions from a reliable nutraceutical merchant account. Easy Pay Direct. audience that continues to be extremely health conscious is the baby boomers. FintechMerchantAccounts works with nutra merchants understand how tough it can be for Nutra business owners like you to get approved for standard. 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. Don’t let payment processing issues hold you back – contact QuadraPay today to learn more about their services and how they can help your nutraceutical business thrive. From the jump, they were impressive. Underwriters need to review the processing history to get a clear idea of chargeback issues a. Most of the account providers follow a two-step approval. The bank-to-bank transfers direct payment platform was designed specifically for high risk ecommerce businesses including nutraceutical merchants. No longer will customers call to purchase or. If you have already been processing card payments, then we will also require a three-month history of these statements A chargeback ratio of less than 2% We also ask that. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today!. S. Accessibility Click here for Accessibility adjustments. Why we like it: Square offers payment services based on a flat-rate processing model without a monthly. Load Balancing. At Allied Payments, we offer a wide array of merchant services, including payment processing, high-risk. Our goal is to provide you with the lowest rates, fastest approvals, and best terms for payment processing. Merchant Uses of Payment Processing Services. 98% approval rates for high risk credit card processing. 1. Nutraceuticals are divided into three distinctive categories: functional food (probiotics, nuts, tomato products, yogurt), functional beverages (sports drinks), and dietary supplements (vitamins, minerals. First Name. Merchant Services Providers can also help with the card networks in managing merchant accounts. Nutraceutical companies seeking a merchant account can turn to National Merchants Association (NMA) – High Risk Done. Skip to content. As just mentioned, several factors contribute to the growing difficulty of gaining approval for supplement merchant accounts. Merchant One: Best for Flexible Pricing Clover: Best for POS Stax: Best for Subscription Pricing ProMerchant: Best for High-Risk Businesses Payment Depot: Best for High Transaction Volume Square Merchant Services: Best for Startups Helcim : Best All-in-One Platform National Processing: Best. Streamlines management of multiple accounts. Strong descriptors that include a customer service phone number. Established herbal supplements and nutraceutical businesses that have a current merchant account and carry favorable processing history will have some leverage in negotiating rates with processing banks. Our check solutions offer fast ach deposits to your existing business checking account for quicker cash flow. Nutraceutical Merchant Accounts 2018.