Compare quotes from merchant providers who understand supplement & nutraceutical payments! Access 90% of UK's leading merchant acquiring banks. Nutraceutical products are normally classified as high-risk. 1. Explore how high-risk merchant accounts are transforming the nutraceutical industry. 9 billion. Aside from selling on your own store or website, it’s also a great option to join a distributor that offers you a lot of. For Visa/Mastercard, the three-digit CVV number is printed on the. Every merchant has a different ID number, much like every individual has their tax ID number. You can filter the date range from 7 days to 30 days. 20% + $0. Square: Best Free Merchant Account For Small Businesses. We get nutraceutical merchants approved when other processors decline. The main reason is that many payment processors and banks consider nutraceutical companies high-risk merchants. If you opt to use Square for online sales, you can expect to pay a higher rate of 2. Tier 1: This is the right option for businesses that process under $25,000 per month. We help business owners like you keep their focus on making money. Protect your nutraceutical business from exorbitant bank holds and reserves. Weight Loss Programs. This allows the acquirer to offer payment services to their clients. The price is 1% per deposit). Integration Help. It depends on the type of business the merchant operates. CARDZ3N is a merchant service payment processor and payment gateway service provider offering a global, and simple payment platform. According to Grand View Research, peptide sales are expected to peak at 48. For this plan, you’ll pay $79 per month and $0. As a global leader in providing references for nutraceutical businesses to obtain merchant account services, MerchantNegotiators. Membership. Easy Pay Direct Gateway. High volume Nutra merchant accounts are our specialty. 3. This is where Allied Payments comes in to help you with the entire application process, down to the integration of the right payment services. com, know that nutraceutical merchant accounts are hard to come by. The Advantages of a High Risk Merchant Account for Nutraceutical Products. Once a business hits a ratio of 0. Skype: epay. You need a merchant account to be able to accept credit card payments but you’ve been turned down before. On Halloween, the FDA released their perspective on #cannabis R&D. Nutraceuticals (also referred to as nutra) is a growing industry in the United States and worldwide. Security: Shopify Pay includes fraud detection and prevention tools to help keep transaction data safe. This has created a significant demand for online credit card sales and nutraceutical merchant account services. 20-$1. 576. 📢 Calling all Nutraceutical Industry Professionals! 🌱💼 🔍 Are you looking for effective strategies to reduce chargebacks in your nutraceuticals business?…A merchant account is a business account with an acquiring bank. That’s why this guide is dedicated to providing a complete tour of Google Merchant Center—a tour that’ll cover all the basics you need to start thriving with Google Shopping ads. They also struggle to secure the financing they need to grow their business and cover costs. One of the biggest concerns of website owners is the types of payments available, and how to be approved for a merchant account with the high-risk nature of online fantasy betting. This is different from other accounts because it only holds donations made on behalf of nonprofits, done through a specific processing organization. You don’t have to apply for a new one if you wish to use Stripe. Unlike traditional processors, they are more willing to work with high-risk businesses. If you take a. Free application with no obligation. Particular nutraceuticals may contain undeclared or unlicensed ingredients. MOTO - Mail Order Telephone Order. These limits are typically between $25,000 and $100,000 per month. You pay 2. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. Unfortunately, this high projection still does not ease the process of being approved for peptide merchant account services from banks. Soar Payments: Best for. This has left numerous organizer or. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and. Electronics. We can approve practically every business type, even if you have been turned down for payment processing. They may even offer guaranteed merchant account approval. High risk products are products and services that are sold by merchants who operate within high-risk industries. Overcome the toughest of merchant challenges & disapprovals. Some payment gateway companies and merchant account providers might raise an eyebrow when a potential client brings up that their product is a nutraceutical or dietary supplement. 17 King Edwards Road Ruislip, Level 2 College House, London, United Kingdom, HA4 7AE. The Nutra payment processing emphasizes the need for a long-term, healthy merchant account. APPLY NOW! Req. At a compounded rate of 21% per annum, this dream will most likely come true. Nutraceutical Merchant Account. To save yourself and your business a headache, you need to locate a high risk merchant account processor. It is an anti-fraud security feature to help verify that you are in possession of your credit card. Easy Pay Direct offers top tier merchant account services with outstanding customer support. We at EMB, or eMerchantBroker. Merchant Stronghold have its Head quartered in Clearwater, Florida. Affirm’s acquisition of Paybright is complete. 81% for a credit card and 0. 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. Below is information on how you can get approved for a high-risk merchant account, as well as what they’ll provide you with: See full list on tailoredpay. Nutraceutical Merchant Accounts; Tech Support; High Risk Merchant Accounts; Low Cost Credit Card Processing; CBD Merchant Accounts. CBD Stats: Market researchers believe that CBD could be a 16 billion dollar industry by 2025. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Merchants can accept several payments, from bank cards to cryptocurrency, with a reliable ecommerce. Let’s discuss about your Project ! Call us today at +1-888-395-9554. High risk merchants who choose to process with instant approval companies may have their account shut down which can lead to lost revenue. It takes just a few minutes to complete and you'll be on your way to getting approved and getting your new Nutraceuticals store up and running. This type of billing results in excessive chargebacks from unsatisfied customers because. Our CBD merchant services cover Cannabidiol, Hemp & CBD Oil considered high-risk merchants. Most banks in the world dread dealing with nutraceutical industry. 13h. Nutraceutical Merchant Accounts. If you meet these requirements, you can get started with Affirm by creating an account . A competitive payment processing fee for a standard retail small-business account might be 2. $14. What takes seconds online involves many steps behind the scenes. Retail Payments. Third is vaping and e-cigarettes. Of course, the large team will be there to assist you in completing the kit before sending it to the bank. So a merchant account is an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions. Nutraceutical Merchant Account; Gun Friendly Credit Card Processors; Apply Now; THE SOUTHERN INSTITUTE – FLORIDA’S PREMIUM CDB. Menu and widgetsThe phrase “nutraceutical” – a mix of “nutrition” and “pharmacy” – refers to any food or fortified food product intended to enhance a diet, prevent sickness, or preserve health. This is where you will log in to your control panel. 98% approval rates for high risk credit card processing. For this, your first stop should be with EMB. From our experience with fitness merchant accounts, online vendors typically begin processing a few low-ticket online videos and other digital offers. Here are some of the key benefits of using a Shopify merchant account: Simplicity: Shopify Pay eliminates the need to set up and integrate a separate payment gateway, making it easy to start accepting payments. Fill out EMB’s fast and easy online application. Next, you need to choose an MSP that can support your business goals. Get the processing capacity you need to manage & grow your nutraceutical business. Applications are mostly free and no obligation. Taking a credit card payment may seem simple enough. Easy account setup; A lot less commitment than a direct merchant. One of the primary advantages of highriskpay. Never be tied into one provider ever again. 1 billion. Even if you have been previously rejected by other credit card processors or have a bad credit score and. 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. As a kicker…. These challenges affect health supplement companies both in a regulatory fashion and from a fraud and chargeback perspective. In the fast paced world powered by technology, new health complications are surfacing everyday and leading to lifestyle diseases. The Best Payment Gateways of 2023. Never be tied into one provider ever again. Read our Review. Businesses where sellers get their revenue both from selling items and from signing up new sellers Network marketing and referral marketing. For some processors, this level of risk is simply too high. Vape and E-Cig Merchant Accounts. 33408. This is especially likely if you sell your products online. Ideal for nutraceutical companies that need an. 1. Stripe - easy access card payment processing. 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. Tech Support Merchant Accounts. Once approved, the merchant account deducts the transaction amount from the customer’s credit card. Without a mer. Bankcard International Group Corp. Corepay: Best For Mail-Order/Telephone Order-Only Accounts. accounts for nutra businesses to be considered high risk by banks and regulatory bodies. High Risk. accounts for nutra businesses to be considered high risk by banks and regulatory bodies. With online businesses, this convention is the norm. Nutraceutical Merchant Accounts. Nutraceutical merchants won't have to worry. Even US based businesses operating internationally. Our services are secure and reliable. We support all kinds of merchants, including those looking for nutraceutical or supplement merchant accounts. M. the cardholder’s bank) sends the funds directly following the transaction to the merchant account, which then deposits the funds into your business account of choice. 6% plus 10 cents, while the fee for a high-risk account might be 2. Search for Business Services Log in Sign upBy establishing a merchant account reserve, your processor can safeguard their funds, even if it imposes additional difficulties on you. This alert system helps keep. Atlantech provides the best Merchant Accounts for Nutraceutical. However, many merchant account providers consider call centers to be high-risk businesses. The first step to setting up payment processing is to apply for a nutraceutical merchant account from a trusted provider. Our gateways have over 200 built-in integrations, including with the leading software and shopping carts used by nutra businesses. Underwriters analyze the application file to calculate the probability of handling payments for nutraceutical. Visit Website. Stay processing and. AllayPay works with the most amount of banks that specialize in the nutraceuticals industry than any other credit card processing provider, and will ensure that you get a nutraceutical credit card processing account immediately. Hundreds Of Integrations In One. Many patrons of online pharmacies are having trouble purchasing medication from cheap, international online pharmacies using credit cards. Attention Nutraceuticals Industry Professionals! 🌱 In the ever-evolving world of nutraceuticals, regulatory compliance plays a pivotal role in shaping…Follow these five simple strategies to get you in the best shape to get the supplement company merchant services you need. Payment processing for high risk nutraceutical merchant accounts are in high demand. Vitamin & Health Merchant Processor. A high-risk business is a business that has certain unique credit card challenges that are specific to how it processes payments. USA. So – yes, you do need a merchant account to process payments but you will become a sub-merchant of Stripe’s. Imagine waking up one day to this message. Best Nutraceutical Merchant Account Providers. 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. In today’s ever-changing health and business landscape, the convergence of NMN, nutraceuticals, and merchant payment processing is revolutionizing our approach to well-being and financial…Your nutraceutical merchant account could be slowly bleeding you dry and sucking out extra capital. Our payment gateway services give you access to information regarding your merchant account solutions. Step 4: Sell your nutra. PayPal is a massive organization with millions of accounts, and it has computer algorithms that detect fraud and protect the company from a business loss. Online Payment Processing For Internet Businesses. Merchant Account for Nutraceutical Products. 1. 65%, Visa will request an investigation into the cause and that an action plan be developed. G. Vector Payments is the best payment processor for your nutraceutical and supplement business because we provide you with the resources and support you need to succeed. This happens with and without merchant collusion, in the physical world and online. If you produce any of your nutraceutical inventory yourself, then your payment processor will probably request that you obtain GMP certification. 33408. NYC Merchant Services is your one stop source for machine equipment and software for your credit card processing terminal payment system. This tends to be a point that most nutra companies forget to address because they get comfortable with the payment processing company they work with; that should not be the case. Since the early 1970s the FDA has received over 800 investigational new. 378 Northlake Blvd #134. 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. DigiPay’s expanded network of. Load balancing through our adult payment gateway simplifies management while providing you with the processing capacity you need. Vector Payments is the best payment processor for your nutraceutical and supplement business because we provide you with the resources and support you need to succeed. 🚀 Addressing Chargeback Fraud Networks in Nutraceuticals Business: Collaborative Solutions 🤝 🔊 Today, I would like to shed light on this issue and discuss…A nutraceutical industry merchant account from Zen Payments conforms with these stringent guidelines, giving you extra peace of mind. A high-end reward card will charge a higher fee than a standard, no-rewards card. Apply For a Merchant Account Since a huge percentage of nutraceutical sales are done online, you would need a reliable payment processing provider to help you take care of credit card purchases made on your website. and Canadian shoppers. This is important for all entrepreneurs, including those starting a nutraceuticals business. 08 per in-person transaction & int. A customer hands over a card, you process it, and with Square, the money usually lands in your account within one to two days. 95%. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. International businesses selling their services and products within the US. Fantasy Sports. There are many risks that come with running a health and wellness business, but our high-risk merchant experts have 10+ years of experience empowering nutraceutical companies with the tools they need to find success in the industry. If you sell vitamins, herbal products, or supplements, you will likely have to open a high-risk nutraceutical merchant account with your bank or payment processor. Electronics. See Full List of Supported High Risk Industries. Take a look at the latest methods for processing credit and debit card payments, including. $15 monthly fee ($12 for nonprofits) Interchange + 0. At PaymentCloud, we take great pride in. With a suitable payment processor, you can confidently promote your Nutra products, services, and subscriptions. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. Therefore, choosing a high-risk merchant account is better to keep your nutraceutical merchant account without losing sale opportunities. This may result in USD $5,000 or $10,000 per month . Without a merchant account, you will not be able to accept payment via credit card or debit card. Read More. The typical per transaction range is $0. Some also offer to process for numerous currencies. Menu. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. Merchant services refer to the services and technology that a business uses to accept and process payments. There are many companies out there in the market providing Nutra payment gateway and nutraceutical merchant account. What is a Nutraceutical Merchant Account? Any business that accepts card-based payments must have a merchant account, which is a dedicated bank account reserved. Without a merchant account, these businesses have no way to accept credit and debit card transactions. Step 2: From the ‘Main Menu’, click on ‘Help’ > then ‘Integration’. It’s your merchant account home page, where you can view statements, see dispute, deposit account and see all your account details. This includes the sale of Supplements, Vitamins, Herbs, and other Nutraceuticals, that may be considered High-Risk by some payment processors. To get a merchant account, one must submit an application with a merchant account provider. We at SeamlessChex understand the challenges faced by online supplement businesses, for we excel in managing fraudulent charges and high chargeback rates. A nutraceutical merchant account furnishes business owners with the capability of accepting credit cards and debit cards for payment processing in the nutraceutical industry. Why Join NMA? NMA Member Benefits; From Our MembersHighRiskSolutions. Online merchant account is without a doubt very risky and has a high risk to chargeback and fraud so the best thing is to apply security tools to prevent such risks. Specialties high risk merchant account, Low risk merchant account, Travel Merchant Account and Payment Processing, Mail Order Telephone Order (Moto) Merchant Account, Nutraceutical Merchant. We provide Virtual Terminals to process transactions manually and special approvals needed in the high amount transactions. And wait. . International merchant accounts, on the other hand, take 7-14 days to be processed. Anyone interested in starting an online fantasy business must be knowledgeable about the interworkings of the industry before starting. From vitamins and minerals to probiotics and sports supplements,. Our gateways have over 200 built-in integrations, including with the leading software and shopping carts used by nutra businesses. Get Started Today. It’s time to upgrade or switch your nutraceutical merchant account and focus on these new marketing techniques for 2021. First, the industry is regulated. government regulates nutraceutical businesses, which means these. Experience Unmatched Payment Solutions. To save yourself and your business a headache, you need to locate a high risk merchant account processor. Our online gambling merchant account fees are industry-competitive and affordable, and the application process is free. Our tailored approach ensures a seamless integration into your existing systems, allowing you to focus on what matters most: growing your business. It is often a bank or other financial institution that is a licensed member of a card issuer such as Visa or MasterCard. Free setup and zero upfront fees. The issuing bank (a. Your merchant account communicates with the customer’s card issuer. SIGN INTO READER ACCOUNT CREATE READER ACCOUNT. Quick & Easy Merchant Account Setup! Contact our nutraceutical team. Press cmd + d to bookmark. If you sell vitamins, herbal products, or supplements, you will likely have to open a high-risk nutraceutical merchant account with your bank or payment processor. Payment gateways encrypt data and send it to your credit card. One gateway, One Application, One Point of Contact – multiple merchant accounts. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. 02 billion (2023). Protect your nutraceutical business from exorbitant bank holds and reserves. VISA (8472) Monday, October 30, 2023 Agent Login; Merchant Login; Toggle navigation. Our tailored approach ensures a seamless integration into your existing systems, allowing you to focus on what matters most: growing your business. Nutra products by definition include herbal tinctures, vitamins, dietary. PaymentCloud rates as a reliable merchant account provider due to its clean complaint. The ability to integrate Easy Pay Direct with. A Gun Merchant Account Provider You Can Trust. In addition, we can set up alternative payment methods such as ACH payments and E-checks. Supported industries: Adult services, CBD, online dating, vape sales. We accept merchants all over the world. 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. Accounting for over $60billion in annual revenue, the nutraceutical market is expected to surpass $100billion by 2024. I. It allows businesses to receive the money for transactions. Although the FDA is responsible for enforcing GMP compliance, GMP certification itself must be obtained from a third-party auditor. We approve the accounts, manage risk, clear payments, and pay the forex merchants. 500,000+ online businesses use Google Merchant Center. Unfortunately, many credit card processors do not want to work with nutraceuticals businesses. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. Nutraceutical. Stax is a subscription-based service that offers flat-rate monthly plans and 0% markup on interchange fees. 49 billion by the end of 2025 with an annual compound rate of 8. We cater to both online and physical stores, including high risk industries, CARDZ3N offers a single solution that handles all. 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. We provide secure payment gateways (shopify, woocommerce, etc), ach & credit card processing. This article explores the transformative power of advanced payment systems, credit repair payment gateways, high-risk merchant accounts, and credit card payment processing systems in the nutraceuticals industry, shedding light on how these solutions facilitate smooth and secure transactions. As a business expands, our online payment processing services can quickly scale accordingly, preventing any. 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 future is looking good for nutraceuticals. Nutra firms are not cookie-cutters, and one-size-fits. You can add and manage your product listings directly from Merchant Center. National Merchants Association. According to recent reports, the Indian nutraceuticals market will probably make to the tune of $10 billion come 2022. Online merchant account application is easy, a retail or online nutraceutical business can begin the process to get a merchant account today. Security: Shopify Pay includes fraud detection and prevention tools to help keep transaction data safe. We at EMB, or eMerchantBroker. Reserves can be held for 180 days after account closure before they are released. Fraud Prevention. Safeguarding your nutraceuticals' digital sales with best practices for secure payment processing ensures trust and reliability for your customers. The rapid expansion of the nutraceuticals industry –food and drinks with possible health advantages – is driven by current shopper trends. Here are four of the best providers of eCommerce merchant accounts, including Square, Stripe, and Payment Cloud. Home. com provides a wide variety of credit card processing services for high-risk businesses ranging from online entertainment options to retail shops and everything in between. Banks stay away from high risk merchant accounts like Adult Entertainment, Gaming, E-Sports, Ticket Sales, Travel, Nutraceuticals, and Pharmacies. First, the industry is regulated. Find the best products with instant access to our latest tests & reviews of over 1,400 health products. Today, more and more people are embracing holistic and natural forms of healthcare. We have a step by step proces to secure CBD Merchant Accounts. A merchant account is what allows your business to process payments made by credit, debit, gift or rewards cards. $35/month. Nonetheless, experienced payment companies. With an international merchant account, we offer the single and multi-currency processing. Get the processing capacity you need to manage & grow your nutraceutical business. This is your Merchant activity dashboard. ”. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. That means more risk, to your business and to. As a global leader in providing references for nutraceutical businesses to obtain merchant account services, MerchantNegotiators. Start accepting payments quickly and. This will assist in the simple acceptance of a nutraceutical merchant account. A payment gateway or merchant account for adult entertainment is a financial method by which you can process credit cards or other online payment transactions. k. INTRODUCTION ABOUT MERCHANT ACCOUNT NUTRACEUTICAL PRODUCTS For any E-commerce site, to accept payment by. Worth already $382. 3% for a debit card. Nutraceutical merchants that are doing well have a high volume of sales, which naturally creates more opportunities for chargebacks, fraud, and other problems to occur. Merchant Account Setup: Assist in setting up. The newest entrants on the NGX, Mecure Industries Plc reported a pre-tax profit of N2. government regulates nutraceutical businesses, which means these. Apply Now. 6% plus 10 cents per transaction. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. By partnering with Get Payment, nutraceutical business owners can access secure and efficient payment processing solutions that address the challenges associated with the nutraceutical sector. “Unfortunately, your business can’t use Stripe because it doesn’t. Chargebacks: The 411. For this reason, they will put certain industries or business types on their restricted merchant list. Without a merchant account, you will not be able to accept payment via credit card or debit card. You can find your MID number on any of the following three places: either on the top right of your monthly merchant statement, on the sticker on your credit card, or your credit card transaction receipt. In this article, we focus on that, analyzing what a nutraceutical merchant account is. Our goal is to provide you with the lowest rates, fastest approvals, and best terms for payment processing. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. In general, nutraceutical start ups experience a lot of chargebacks. Without a fully optimized Google Merchant Center account, your Google Shopping campaigns have no chance of functioning—let alone succeeding. With regulations on payment processing getting more strict, you will need a solution you can rely on. 79%. At Scalesafe, we specialize in securing merchant accounts for businesses of all sizes. Sale of in-game currency or game items, unless the merchant is the operator of the virtual world; Business models that may be particularly prone to abuse by ‘bad actors’ such as: Multi-level marketing. As previously mentioned, some common billing methods, such as continuity building, is risky. Managing Your High Risk Problems Nutraceuticals occupy a unique position on the market: the simplicity of the product, combined with the booming supplement industry, places you at the ideal crossroads to create a great product with substantial profits. With regulations on payment processing getting more strict, you will need a solution you can rely on. Medical Service. Con una cuenta de Merchant Center, puedes añadir tus productos en Google de forma gratuita. Pros and cons of third-party payment processors. Posted on April 11, 2022 May 11, 2023 by merchants. With Shopify’s nutrition business name generator, you can get 100 creative, relevant name ideas for your nutrition business in just seconds. Skype: epay. However, the first questions to have answered should be about the processor’s experience and tolerance for the nutra business model. Durango Merchant Services: Best for highest-risk businesses. Tier 2: Payment Depot’s most popular account tier, this plan caps at $75,000 in credit card volume per month. Advanced Vision Formula. Gain insights into secure payment solutions. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. Accept credit card payments and monitor your processing with your nutraceutical merchant account. Be upfront about your policies. To apply for it, merchants can start by filling out the pre-application. Allow 3-5 business days for approval of US nutraceutical credit card processing accounts. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. QUESTION: WHO IS VANTIV?A: Vantiv is a leading, integrated payment processor. A nutraceutical merchant account is a type of merchant account that is specifically designed for businesses that sell nutraceutical products, such as dietary. CircO2®. 98% approval rates for high risk credit card processing. Currently the. Shopify: Best for. June 24, 2022 (GLOBE NEWSWIRE) -- Nutraceutical Insights, a nutraceutical website publishing. PAYFASTO NUTRACEUTICALS PROCESSING DETAILS. Main Street Technologies, Advance Auto Parts, South Central Pallets, Discovery Network, Ace Hardware. No longer will customers call to purchase or mail a check. First Name. A nutraceutical merchant account from PayFasto, will help your nutraceutical business with all your. They also struggle to secure the financing they need to grow their business and cover costs. A merchant account is a type of bank account that allows businesses to accept payments via debit or credit accounts. Chargeback Trends in the Nutraceuticals Industry:. In addition, our credit card processing services do not restrict merchants. For instance, while there are other forms of nutraceuticals, some or many today consumers are likely to ask for fat-soluble nutraceutical supplements—unless they are after the vitamins in fat-soluble types like (B and C). We offer: Retail Payments: We can help you process all types of retail payments, including credit cards, debit cards, and electronic checks. Our merchant accounts allow for subscription, recurring, and auto-ship billing models. We offer a fee structure that is 25% less than the competition and we get those fee reductions for most of our high-risk nutraceutical merchant accounts. Unmasking the Nutraceutical Industry The nutraceutical industry has come a long way since its inception, offering products that blend nutrition with pharmaceutical benefits.