S. START PROCESSING WITH US TODAY. Apply for a Nutraceutical Merchant Account to Accept Credit Cards. . Accept credit card payments and monitor your processing with your nutraceutical merchant account. Companies that offer pharmaceutical alternatives struggle to obtain nutraceutical merchant accounts because the industry still struggles to find. These features and techniques include: Fast settlements to merchants. Because your provider sets your American Express Rate—just like they do for the other card brands you accept. Friendly with all ecommerce checkout pages and shopping carts. 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. Nutra has nothing to do with pharmaceuticals. 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. Accept credit / cards for US and international buyers. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure Merchant accounts accept credit. Our highly skilled team has merchant accounts for businesses with processing volumes ranging from $20,000-$100,000,000 and up per month. Accepting Credit Cards for Nutraceutical E-Commerce. The “high-risk” label can complicate obtaining a merchant account to accept credit card payments. 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. This prohibition can be for several things, including the owner’s financials or credit background to the sales history, transaction types, or industry that the business operates within. Our dedicated team will guide you through the account setup process, ensuring a seamless onboarding experience. However, there are various high-risk merchant. Why is the Nutraceutical industry seen as a high risk for merchant accounts that accept credit cards? Payment processors often view the nutraceutical industry as high risk for several reasons. Missing important information will delay the process and force merchants to wait longer to accept credit cards. Just because nutraceutical businesses are considered high risk doesn’t mean they should be subjected to high merchant account fees. 95%;Some adult payment processors will set you up with an offshore merchant account. No caps on your processing volume. 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. As long as your business has a monthly processing volume of at least $50,000 per month, we can help you get. Nutraceutical products (commonly known as Nutra products) have formed a billion dollar market. As the technology is helping us more and more day by day this account is best for nutra business due to its portability as now you can. He also owns multiple businesses that accept credit card payments. Credit Cards. Increase your sales by accepting credit cards. Your ID number won’t be available for public records and no one will be able to search it in local search engines. 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. Fortunately, TailoredPay can help businesses in the nutraceutical industry find the right high-risk merchant account for their needs. We keep your money safe, so you can keep doing what you love. A merchant account is a type of business bank account that allows businesses to process electronic payments such as debit and credit cards. Unmasking the Nutraceutical Industry The nutraceutical industry has come a long way since its inception, offering products that blend nutrition with pharmaceutical benefits. Live Chat, Phone & E-mail Support. Yes. Step 3: Set up payment terminals. Both categories are ordinarily associated with free trials, chargebacks, false claims and customer complaints. Finding a moto merchant account for your mail order and telephone order business can be difficult. You need a merchant account to be able to accept credit card payments but you’ve been turned down before. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. If you want to be successful in the nutraceutical and supplement industry, you have to be able to accept credit card payments. High volume Nutra merchant accounts are our specialty. The need for quick and reliable payments is the foundation for every online merchant’s success. Today, most merchants with CBD stores can use their credit card machines for various transactions, including card-not-present. 95%. Processing of all major credit card. Without a merchant account, you will not be able to accept payment via credit card or debit card. QuadraPay And Nutraceutical Credit Card Processing Operating a business in the nutraceutical industry comes with unique. PSPs let you accept a wide range of payment. 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. PayDiverse is a nutraceutical payment processor that provides nutra merchants with premium high-risk nutraceutical merchant services, credit card processing & merchant approval. Patent Pending “Transaction Routing” Technology, More than 250 Shopping Carts Integrated, “Quick Click” checkout pages, Fraud Scrubbing technology, Kount fraud scoring, Tokenization, Quickbooks integration, Mobile Payments, Email Invoicing, recurring billing and so much more. 6 billion by 2017. However, without the right merchant processing solution, your customers can become frustrated, and you can lose money through lost businesses. Payment shall be due within thirty (30) days of receipt of invoice and shall be by credit card, check, ACH or wire, however if Buyer purchases directly from Nutraceutical and pays within fifteen (15) days of receipt of invoice, Buyer shall receive a one percent 1% discount. International merchant support. A start up mineral nutraceutical business needs the ability to accept payments for online sales. With the great security and leading customer satisfaction, our company is your answer. Choose a service provider. 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. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. Allocate the amount of processing you want to send through each merchant account. Online Payments | National Merchants. It can be hard to acquire merchant services for nutra product sales. Know the exact terms associated with your credit card processing solution. Credit Repair. The Southern Institute can help! We specialize in merchant accounts for nutraceutical companies and more. 6% plus 10 cents, while the fee for a high-risk account might be 2. Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. . Securing Merchant Accounts for Nutraceutical E-Commerce. General. Clover: Best for POS. Straightforward, simple set-up. 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. But then, without a merchant account, you will not be able to Accept Credit Card and debit card p. You have to meet your customer’s expectations by providing a way for. A merchant account is a specific type of bank account that allows merchants to accept payments. 4 billion as of 2015, and is estimated to reach $204. Offset the cost of credit card processing fees by encouraging customers to pay in cash. This typically involves using payment gateways and merchant services to authorize and process the payments and ensure compliance with. Nutraceutical Merchant Account. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. If you want to purchase CBD online or through a retailer’s store, you must make an alternative payment option ready as no one will accept the credit cards. However, there are various high-risk merchant accounts that nutraceutical companies can apply for to process credit cards through their website and avoid expensive FDA studies and testing. Your merchant account application will factor in your business credit score, and not your personal credit score. Getting in touch with a high-risk merchant account provider is the best move for a business looking to set up a nutraceutical merchant processing account for their merchant services. It can be hard to acquire merchant services for nutra product sales. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. Insurance. Ideally, this type of nutraceutical merchant account utilizes the credit card machine or point of sale. Dedicated to negotiating the best terms for your supplement & nutraceutical business. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Unfortunately, it doesn’t always yield the best rates. From account management software and CRMs to accounting applications, we can link into them all with just a click of a button. Why So Many Sellers Use Stripe. Goods or Service Offered. It is necessary for both online payments and in-person payments. Transaction not Permitted to Cardholder is a response code returned by a payment processor or issuer when a transaction is attempted with a credit or debit card flagged as restricted or blocked. Even though over 75% of adult Americans take a dietary supplement, this is the case. High risk merchant services is provided for all legal forms of high risk business types. 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. Credit card companies charge payment processing fees for each ecommerce transaction. Because of this, more than 80% of lenders use your FICO score to determine your credit. Info. Luckily, it is possible to do without worries and hassle. We are experts in the nutraceutical credit card processing industry. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. The global dietary supplements industry was estimated at $123. Phillip has researched and reviewed over 1,000 merchant services providers over the last 15 years. The demand. US/Offshore chargeback solutions for nutraceutical and other high risk credit card processing businesses. With access to scores of US and international banks, all payments are covered. In the realm of high-risk payment processing, the nutraceutical industry stands as a unique challenge. Like many other companies that are classified as “high risk” by lenders, nutraceutical companies have uphill battles when they seek nutraceutical company merchant accounts. Here are some more guides on high risk merchant account providers. First, the merchant account established with the acquiring bank. THE BENEFITS OF HAVING AN ONLINE MERCHANT ACCOUNT. Fraud Prevention. But then, without a merchant account, you will not be able to Accept Credit Card and debit card p. Echeck Debt Consolidation Merchant Accounts. Traditionally, that process slows things down… until now. A merchant account is a specific type of bank account that allows merchants to accept payments. 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. 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. SMB Global: Best for international merchants. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. Too many businesses either get denied due to lack of information or lack of follow-through with the application. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. (Must Match the Merchant Application) Clear Posting of Customer Service Telephone Number and/or Email Address. 300-649 Poor. We can provide your business the ability to accept credit cards with one of our merchant account providers. 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. Nutraceutical businesses is a business that falls into the “high risk” category as assessed by processing banks. Contact a provider to get started directly or give us a call at 1-833-213-0511 to learn more. For internet pharmacies and online vitamin stores. Processing online credit card payments is the biggest hurdle to success. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. Vitamins, Skincare, Nutraceutical The nutraceutical (or "Nutra") sector is not a laughingstock. Here’s a closer look at the nutraceutical industry and the high-risk merchant services available. The business owner and the business itself have separate credit scores. Many payment processors allow you to set up a dedicated merchant account, meaning the account is specifically. Merchant services is the term used for all services relating to payment processing. May 26, 2023. 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. Over the years, Shark Processing has partnered with leading credit card issuers, such. First, the industry is regulated. After a merchant loses a merchant account, it is very difficult time for processors to approve another. 2. The Nutra payment processing emphasizes the need for a long-term, healthy merchant account. It is often a bank or other financial institution that is a licensed member of a card issuer such as Visa or MasterCard. 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. Free setup and zero upfront fees. Merchants can begin processing in less than 1. Donations and offline payments can be accepted through a merchant account using a hand-held credit card reader. Merchant One: Best for Flexible Pricing. U. REVIEWS; CREDIT CARD PROCESSING. A merchant account is a specific type of bank account that allows merchants to accept payments. Which cards you can accept, your chargeback rates, your merchant account limits, and other. This is the perfect solution for a pop-up shop, trade show, or any. Accept cards on your site in two powerful ways: Buyers can pay directly with a credit card by entering card details; Buyers can use a WAAVE account to facilitate repeat purchases and get rewards 2. Our MOTO merchant account allows users who operate call centers to create multiple virtual terminal users with payment gateway access. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. 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. Instead, Stripe charges per transaction, with a higher online transaction fee than other. Secure, dependable payment gateway. 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. PayDiverse is a nutraceutical payment processor that provides nutra merchants with premium high-risk nutraceutical merchant services, credit card processing & merchant approval. How to shop for merchant service for nutra product industry and instruction to work with merchant service provider. To get a merchant account, one must submit an application with a merchant account provider. Since processing card payments over the phone can help boost your sales and ensure. As the technology is helping us more and more day by day this account is best for nutra business due to its portability as now you can not only use. Los Angeles, CA (PRWEB) January 26, 2015 -- eMerchantBroker is proud to announce merchant account support for all businesses dealing in the nutraceuticals industry. That leaves your business without a way to take credit card payments, which usually means that your revenue stops. Without a mer. 15% with an added $. In our experience, cannabis businesses see an average ticket increase of about 17% when they implement card payment services. 95%;Nutraceutical Merchant Accounts; Online Gaming Merchant Accounts; Online Pharmacy Merchant Accounts; Recurring Billing Merchant Accounts; Tech Support Merchant Accounts;. High risk merchant services is provided for all legal forms of high risk business types. An e-commerce gateway acts as a secure bridge between the credit repair business's website and the payment processor, ensuring the smooth transmission of payment information. A nutraceutical merchant account is a specialized payment processing solution designed specifically for businesses operating within the nutraceutical industry. Without a merchant account, you will not be able to accept payment via credit card or debit card. The merchant account is a type of bank account allowing businesses to accept payments. Apply Now. 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. Built-in virtual terminal. Collection Agencies. The company’s products include ACH processing, an online payment gateway, merchant cash advance,. You simply need to key in the customer’s credit card information on the application that’s provided by your payment processor. Unfortunately, these types of situations have a spill-over effect on the industry as a whole. CyoGate does offer credit card processing solutions specifically for merchants in the online and mail order nutraceutical industry and we do have both domestic US and international solutions available. You need a dependable high risk merchant account provider for your nutraceutical merchant account. 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. Without a merchant account, you will not be able to accept payment via credit card or debit card. Accept credit cards via TouchSuite's merchant accounts. Most of the time, this. Accept Credit Cards With Less Limitations. Offering the option to accept credit cards provides convenience to customers and maximizes sales potential. m. Any merchant account provider that is allowing you actually to accept credit cards is doing so by defrauding their member bank. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. TouchSuite ® Offers Efficient Merchant Services And Payment Processing For Your Nutraceutical Company. You have to meet your customer’s expectations by providing a way for them to pay. Without a merchant account, you will not be able to accept payment via credit card or debit card. Nutraceuticals encompass a broad set of dietary supplements, natural medicines, health supplements and health maintenance substances that are free from FDA regulations and are widely available over the counter. Like credit card processing in a retail environment, an Internet merchant account uses the same credit authorization process. Even if you have been previously rejected by other credit card processors or have a bad credit score and. Online payment processing is not limited to debit and credit cards anymore. Company’s Legal Name or DBA Name & Address on the Website. Accept Credit Cards for Your Nutraceutical Business Increase Revenue Easy to Implement Call us today: (866) 353-2239 Email us: sales@touchsuite. 5. Since high risk businesses do not qualify for. Multiple Merchant Accounts. Automated clearing house (ACH) is a network that moves money electronically between bank accounts in the United States. Our merchant account managers offer expert advice and guidance throughout the relationship of your account and will help you prevent fraud, reduce chargebacks and increase profits. At SeamlessChex, we provide solutions that help your business get back on track. To help nutraceutical entrepreneurs, DigiPay Solutions has created a “nutraceutical primer” with important information about setting up a merchant account, controlling. With access to hundreds of US and international banks, all payments are covered. A merchant account is what allows your business to process payments made by credit, debit, gift or rewards cards. As the demand for nutraceutical products continues to rise, the importance of high-risk merchant accounts cannot be overstated. A merchant account is a must-have in order to accept credit card transactions. The U. View accounts individually or on a global basis. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. 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. In The MediaHigh-risk Merchant Account Services. Offers & Programs. Payment Processing; High Risk Merchants; Cash Discount; PCI Compliance; POS System; SMALL. An EMerchant Authority nutraceutical merchant account allows you to accept all credit cards, meaning you can sell your nutraceutical products to customers from all over the world. in-person; 2. More likely than not, you want to accept credit card payments. MK. Credit Card Processing for Nutraceuticals and Herbal Companies. But the less-known fact is the banks do not allow credit card transactions for CBD purchases. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. S. Here are the 4 best ways for your business to accept credit card payments in the modern world. Typically, a merchant account for credit repair is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. 750-850 Excellent. Without a mer. picture identification. A nutraceutical merchant account furnishes business owners with the capability of accepting credit cards and debit cards for payment processing in the nutraceutical industry. The process of obtaining a merchant account can be time-consuming and complex, especially for businesses in the nutraceutical and sports nutrition space. 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. 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. Though bad credit takes much. Online Payments - National Merchants is your trusted partner and advocate in credit card processing. If you are finally looking forward to. High Transaction Volume. 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. Stripe: Best for owners of multiple businesses and brands. 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. 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. Best Nutraceutical Merchant Accounts. Regarding in-person payments, 31% of consumers choose credit cards, and 34% select debit cards. Accept over 100 currencies in 196 countries; Rates starting at just 2. The Advantages of a High Risk Merchant Account for Nutraceutic. Ecommerce credit card processing has two parts. If you are looking forward to. We can provide your business the ability to accept credit cards with one of our merchant account providers. Power Your Business With Nutraceutical Merchant Accounts and Payments From MID Kingz Solutions — Easy, Reliable, and Secure. Some of the top credit card companies i. Nutraceutical Merchant accounts permit you to acknowledge diverse payment alternatives guaranteeing that your organization gets more deals. com TouchSuite ®. Accept over 100 currencies in 196 countries; Rates starting at just 2. Accept credit card payments and monitor your processing with your nutraceutical merchant account. To accept credit card payments, you’ll need a credit card processor. Dairy products, such as milk and cheese. Understanding this designation is the first step in navigating credit card processing in the nutraceuticals sector. Boost sales from US shoppers up to 20% with ACH & echecks. Live Chat, Phone & E-mail Support. 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. It was founded in 2009 by brothers Patrick and John Collison, who. It’s in their interest to ensure that you can continuously accept payments and succeed online. With OptBlue, you have options. TailoredPay also works with both small and large businesses across multiple industries and sectors. Most credit card processors offer their own proprietary hardware. Credit card processing plays a significant role in nutraceutical e-commerce. Zen Payments can help you get multiple merchant accounts, reducing the risk that you will be left without a way to accept payments. under $500 will incur C. Most credit card processors. It should be the aim of every high risk business to have a merchant account. Without a merchant account, you will not be able to accept payment via credit card or debit card. In fact, the business is expected to reach a remarkable $671 billion in global revenue by 2024. Fantasy Sports. +208-806-2953. Consumers use credit cards for 70% of all payments and 83% of Canadians own a debit card. Suppose you’re considering a new. Getting a Merchant Account Closed / Application Rejected. STEP 4: OBTAIN NECESSARY PERMITS AND LICENSES (FDA. According to reports, the global nutraceutical market is worth $233. What is an Offshore Merchant Account. How to accept credit card payments without a merchant account. MK Retail. 25. TouchSuite®’s high-risk payment programs make the process of accepting credit card payments simple. Our merchant account services also support returns and. High Risk Pay is a comprehensive solution perfect for nutraceutical merchants. Unfortunately, many credit card processors do not want to work with nutraceuticals businesses. Without a merchant account, you will not be able to accept payment via credit card or debit card. Both of them result in chargebacks and brand loss. Securing a bad credit merchant account will allow your business to get off the ground. government regulates nutraceutical businesses, which means. Taking part in the growth of Internet sales of vitamins and supplements One portion of the U. The second part is the eCommerce payment gateway, which connects to banking networks, through which transactions are submitted for approval. No Comments. Start accepting payments quickly and efficiently. Businesses that have a more than 3% chargeback ratio can have their merchant accounts terminated by credit card processors. 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. 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. Get Started Today. 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. PSPs let you accept a wide range of payment. A retail nutraceutical merchant account allows businesses to accept card-present payment, including credit card, debit card, or point of sale. 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. For Millennials, that percentage is even higher. Our merchant account services also support returns and. Compare quotes from merchant providers who understand supplement & nutraceutical payments! Access 90% of UK's leading merchant acquiring banks. This will allow your customers to enter their payment information and complete the card transaction. The ability to accept credit cards for e-commerce is a crucial factor in the success of nutraceutical businesses operating in the online space. Guaranteed CBD Merchant Accounts Approvals in 1 week. Without a merchant account, these businesses have no way to accept credit and debit card transactions. No caps on your processing volume. Merchant Services providers & benefits of high risk merchant account for Nutra product sales. A merchant account is a bank account into which a merchant's payment processor. The application process was a pain and it took. We will allow your company to accept leading credit cards by either physical or virtual terminals. Secured Payments All transactions are secured and encrypted for safety and security. An eCommerce Merchant Account is a special type of account that allows your online business to accept debit cards, and credit cards, for eCommerce Payment Processing on your e-commerce website. Square: Best overall. e. That timeframe can vary based on your business and your credit history. 1. all the signers to the account. Methods to Process Credit Card Payments Over the Phone. Without a mer. Because your provider sets your American Express Rate—just like they do for the other card brands you accept. 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. Understanding how the business operates and is managed plays a big part in the decision-making of vape merchant account applications. Under the new rule, merchants are no longer required to register with Visa. This is how you receive money if you’re ever paid by. Credit Repair. The continuity industry is classified as high risk because products sold are billed through a recurring business model. This is true whether you sell digital goods online or physical. Our experienced staff will determine your specific needs and recommend a solution that meets your specific situation. Customer support for the life of your direct merchant accounts: Instabill merchant account managers are available by calling direct at 1-800-530-2444 Monday through Friday, from 8 a. Nutraceutical merchants often have trouble finding online credit card processing and a reliable nutraceutical merchant account, which seems ludicrous considering that nutraceutical industry, or “nutra” industry as a whole brings in a yearly revenue totaling $181. Without a merchant account, you will not be able to accept payment via credit card or debit card. With our nutraceutical payment processing, we make it easy to accept payments. Some of the top credit card companies i. Our TMF or MATCH list merchant accounts allow you to get back to receiving credit card and eCheck payments - without exorbitant fees. 3. The U. TailoredPay also works with both small and large businesses across multiple industries and sectors. Best for online and international sellers: Durango Merchant Services. There are two main reasons for this. Redefining Nutraceutical Business with Credit Card and Crypto Merchant Accounts I. +1 (970) 379-5216; Mon - Sat: 8AM - 6PM MT; Services. eMerchantBroker is a Los Angeles, California-based company that offers high risk e-commerce processing solutions including kratom merchant accounts. High-risk payment gateways: Payment gateways are tools that facilitate credit card transactions. services. Figures are projected to reach $358. The more ways customers can buy from you, the more sales you make. To get a merchant account, one must submit an application with a merchant. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. To get a merchant account, one must submit an application with a merchant account provider. A high risk merchant account can provide you with the capability to create revenue utilizing your website or preferred eCommerce option. 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 Your E-commerce Merchant Account. Create Multiple Virtual Terminal Users. PayKings offers payment solutions to businesses in high risk industries, which means that as payment processing providers, our banks are willing to accept the liability for the increased risk associated with those businesses that are categorized as needing a high risk merchant account. A Nutraceutical Merchant Account allows business owners to accept credit card payments for the high risk nutraceutical industry. 25. Mobile: A mobile merchant account is more portable and allows your company to accept nutraceutical payment through credit card face to face by attaching the swiping machine to your mobile or iPad. Or call 888-5-PAYNET. The accounts enable acceptance of payments from customers in the US and internationally. 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. The company is best known for providing affordable credit card processing services to various high-risk industries. Application and Approval: To secure a merchants account, your travel business will need to apply for a merchant account through a payment processor like Seamless Chex. Merchants can accept several payments, from bank cards to cryptocurrency, with a reliable ecommerce. Within the realm of high-risk payment processing, the nutraceutical industry stands out as one of the most challenging sectors. Fastest application process: Soar Payments. 6 billion by 2017. Nutra merchant account enables one to accept different payment options.