They offer point-of-sale solutions, online marketing tools, an online payment gateway, and virtual terminal services. And increase sales. To get approved for a nutraceutical merchant account in 24 hours Get Started Now or call 1-800-621-4893. nutraceutical industry steadily increasing from $34. com can provide an offshore merchant account for nutraceutical sellers and online pharmacies that do not sell illegal services, do not use. Accept Payments Today. We will send a notification once your referred merchant is successful. Usually, e-commerce businesses placed in non-resident nations are the ones that go for an Offshore Merchant Account (OMA). High volume rates start at 2. Apply Now. Finding a merchant account for your nutraceutical business can be a challenge. It provides credit card processing services for businesses of all sizes. Nutraceutical. A high risk merchant account is a type of payment processing account for unique businesses. Flexible underwriting guidelines with high approval rates. S. It also allows accepting E-wallet payments, debit cards, and alternate payment methods of the merchant's choice. Fast Approvals. Just ask us for the details. Just ask us for the details. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. Since popular payment systems such as PayPal don’t work with merchants labeled as “ high-risk merchants,” you might find it very hard to pick a company that caters to high. Different types of fees make up the monthly bills; including set fees and sales-based costs. net. Security: Shopify Pay includes fraud detection and prevention tools to help keep transaction data safe. 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. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. 4 million US dollars by the year 2025. This means that applying without an expert to help you dramatically decreases your chances of ever getting approved. Setting up an offshore corporation is fast & inexpensive. The MasterCard 3D Secure code is only for one-time use and is only available to the. Businesses that have a more than 3% chargeback ratio can have their merchant accounts terminated by credit card processors. If you are looking for payment gateway and merchant account, then you have come to the right place. And payment processing is also migrating offshore. Merchants do not like that restaurant payment processing services charge fee, but these fees do provide benefits. Possible tax breaks: Many high-risk businesses opt for offshore merchant accounts because of less tax restrictions in other countries. , banks often refuse to work with merchants that carry a higher risk, and those who are able to obtain accounts are sometimes subject to low processing limits, which can be detrimental to their business’s sales. In Summary: The 8 Best Offshore Merchant Account Providers For Small Businesses. Merchant accounts can be used in various ways, whether the merchant operates a storefront or the business accepts credit cards through a card-not-present (CNP) environment. 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. Durango Merchant Services: Best For Offshore Merchants. We have solutions for practically any type of business regardless of size. Offshore merchant accounts, like any payment processing accounts, come with inherent risks. Holdback, chargeback fee and processing rates negotiable & waivable depending on industry and perceived risk level. The bank-to-bank transfers direct payment platform was created specifically for high risk ecommerce businesses including travel merchants. SeamlessChex can set your business up with a nutraceutical merchant account you can trust. Resources; Have any Questions? Call us at (800) 621 - 4893;. The global outlook for nootropics is also impressive, with a 17. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. They are also subject to high returns and credit card declines,. Credit Repair. The email is from the Offshore Merchants Team! If you have not received it within 10 minutes, please check your junk/spam folder or send us an email at admin@offshoremerchants. Choose from a variety of competitive revenue sharing programs for the right compensation model focussed on high risk accounts. Merchant Accounts. eMerchant Authority is the leader in payment processing for high-risk merchants. We partner with 24 acquiring banks domestically and offshore, including UK and Europe, to settle your. Online Application. e. Weight Loss Programs. This is based on a small business with a physical office location. Accept credit card payments and monitor your processing with your nutraceutical merchant account. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. Resources; Have any Questions? Call us at (800) 621 - 4893;. Over the past 18 years, the company has successfully provided proven, reliable & secure payments processing to thousands of US & international businesses. Offshore Pro Group has established a specialist division dealing only with credit card merchant accounts for offshore merchants and companies: WorldMerchant. 02 billion (2023). In e-commerce, a shopping cart is a software application that allows customers to select and purchase products or services from an online store. An offshore or international processing account is one that’s held by a bank that’s outside of the U. In some cases, it is a planned and intentional act of fraud, but in other cases it may be something like “ friendly fraud . The subscription business may include tangible goods such as monthly magazine issues, subscription boxes, and health supplements, to name a few. According to Grand View Research, peptide sales are expected to peak at 48. Canadian Merchant Account;An offshore merchant account allows you to accept and process payments with bank cards over the Internet in 2023. Established in 1971,. It allows merchants to accept and process payments in foreign currencies, typically through online transactions. The nutraceuticals industry is booming in the United States, but how is it fairing around the world? In India the nutraceutical market is growing at a rate faster than in the U. Soar Payments: Best for High-Risk eCommerce Businesses. Contact Us. The most common merchant services companies are Square, Stripe, and Braintree. Recently we blogged about a study we read which claimed 1/3 of U. Offshore Credit Card Merchant Accounts. Transaction management available through our Merchant Management Console. This is a smart approach. , is opening his/her doors to the world. An online business generally utilizes a payment gateway, but transactions are not limited to e-commerce online payments. But, understandably, they make acquiring banks uneasy. But UBC understands the unique needs of the nutraceutical industry and we have multiple domestic and international options to keep. Customers easily pay you from your checkout page without divulging any financial information. As a growing industry, the demand for nutraceuticals and dietary supplements see no end in sight. $35/month. Since herbal products and nutraceuticals doses are taken for a continued period of time which makes customers buy the same product repeatedly. com. SMB Global: Best for international merchants. An eCommerce merchant account has two parts. Those with legitimate pharmacy licenses can ensure a smooth process in securing a merchant. Easily accept payments from players. It is a virtual representation of a physical shopping cart, where customers can add products they want to buy and keep track of their order before checkout. TranZlytics offers high risk merchants a Gateway and HUB built from the ground up for high-risk and CNP merchants. Nutraceutical. An offshore merchant account is similar to that of an international merchant account. Questions? E-mail . Other fees can significantly affect the total costs of the merchant account. At PayDiverse, we understand the inner workings of the supplement industry and have worked hard to provide an appealing range of benefits to diet and supplement merchants that provide secure processing, chargeback protection, and fraud prevention. How to Avoid Having your Nutraceutical Merchant Account Closed & TMF? Moneck Payment Solutions. For merchants looking to expand their smoke shop business online, Allied Payments can help. At eMerchant Authority, we offer reliable and low-cost high-risk merchant accounts for merchants in the network marketing industry. The most common reason for a high-risk classification is chargebacks. Just apply online, and we'll take care of. High-risk industries such. 95%; Settle your profit in any of the 25 available currencies; Secure data transfers with PCI Compliance; Reduce declined payments with Fraud Scrub technology; Track your transactions with a robust. Here are some tips on how nutraceutical merchants acquire the payment processing needed to power business growth. Authorize. Features of ePay Global Payment Gateway Costa rica . But that doesn’t mean offshore merchant processing is right for every business. We have solutions for practically any type of business regardless of size. As an applicant, expect to have your personal and business history thoroughly examined. Nutraceutical businesses are classified as high-risk, which makes them ineligible for merchant accounts at numerous sponsoring banks. Finding a knowledgeable payment processor is better to help your nutraceutical merchant account get through all legal actions. A continuity subscription merchant follows a billing model that collects monthly payments for goods or services they provide. Currently the. Increase orders. Other fees can significantly affect the total costs of the merchant account. However, many payment processors are reluctant to work with businesses in certain niches. The supplement. mp3. This implies the. 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. Our goal of offering low-cost merchant account services with the most advanced payment gateway software has fueled our success. S. There are a number of merchant account providers and payment processors. Minimum monthly processing to qualify for an account is $50K. This is a huge disadvantage to nutraceutical merchants because these reports can be seen as an intentional merchant fraud. 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. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. We specialize in both offshore & domestic high risk merchant accounts. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. You provide technical support for whatever industry you have decided to work with. Merchants will also have to apply through the proper channels to receive. Securely hosted, no SSL certificate needed. ACH payments are used to move funds from one bank account to another. Allied Payments specializes in providing the most reliable high-risk merchant account services to businesses in need of specialized solutions. The global dietary supplements industry was estimated at $123. Resources; Have any Questions? Call us at (800) 621 - 4893;. PAYFASTO NUTRACEUTICALS PROCESSING DETAILS. The merchant’s industry presents concerns, such as reputation, health. Adult Merchant Accounts; Affiliate Marketing Merchant Accounts; Binary Option/ Forex Merchant Account Bitcoin Merchant Accounts; CBD Merchant Accounts; Continuity Merchant Accounts; Crypto Payments for High-Risk Merchants; Diet Programs & Weight Loss Supplements Merchant AccountsForex echeck processing solves your brokerage’s card payment processing problems. Approval. One common reason is the inability to obtain approval with local banks due to the nature of their industry. nutraceutical industry steadily increasing from $34. Victoria, BC V8W 0B7 . Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. The merchant ID is used for a variety. Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant . Electronics. The high risk merchant account also has built in fraud checks, and almost instantly identifies if a customer account has been identified as attempting fraud on other sites. 06 billion (2018) to $49. Our CBD merchant services cover Cannabidiol, Hemp & CBD Oil considered high-risk merchants. PayDiverse offers CBD payment processing at the lowest industry rates & has multiple banks that accept CBD merchant accounts. $20/month. They offer point-of-sale solutions, online marketing tools, an online payment gateway, and virtual terminal services. Credit Repair. Different payment processors will accept different types of merchants, so. Moonlight Payments stands out as a dedicated payment processing provider for high-risk merchants and specialized industries. Different payment processors will accept different types of merchants, so. 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. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. What’s needed to get a nutraceutical merchant account. , those with both physical and digital storefronts), Moonlight addresses. Accept debit & credit cards. For more than 20 years, we have helped brick-and-mortar and online psychics, fortune tellers and horoscope readers implement payment. Moonlight Payments Overview. If you work in one of the high-risk industries, such as the adult industry, you’ve probably stumbled upon a problem or two when researching adult payment processing companies. Check out our nutraceutical merchant accounts today and. It is a virtual representation of a physical shopping cart, where customers can add products they want to buy and keep track of their order before checkout. Adult Industry. Merchant Stronghold provides fast and instant approvals for nutraceutical merchant accounts with affordable credit card processing,ecommerce and payment gateway services. Online and mobile transactions, using either an ewallet or stored bank cards, are the newest. At Allied Payments, our focus has been on becoming the leading provider of high-risk payment processing services for e-commerce merchants. Having built a network of acquiring banks that work with high risk industries, Instabill offers affordable nutraceutical merchant accounts. High Risk Merchant Account Specialists - From small businesses to Fortune 500 enterprises, organizations nationwide have trusted us to handle their high risk merchant accounts. Customers with a bank card generally spend more than those with a debit card or cash. High Risk Merchant Accounts; Offshore Credit Card Processing | International Payments Processing. O. Some also offer to process for numerous currencies. Our Internet merchant account services provide businesses with the reliability and security to run smoothly and thrive over the Internet. Global nutraceuticals market size is expected to reach $302,306 million by 2022 making it one of the fastest growing industries. Merchant Account for Herbals and Nutraceuticals Provides you with: *FREE Merchant Account to process your herbal business transactions. What I can do for you—SiftPay! If you need a merchant account service provider for your Las Vegas business, look no further than SiftPay! We are an experienced, fast-growing merchant service provider right here in Las Vegas, delivering comprehensive credit and debit card processing solutions across all online payment forms, card brands, and merchant segments with a. The addition of secure bank transfers to your checkout page boosts profits with no risk of chargebacks. DigiPay’s expanded network of. Alternative medicine & food has become necessity in the modern world. S. netTo learn more about how to get a merchant account or to open multiple merchant accounts, speak with a live representative at 1-800-318-2713 today. The MasterCard SecureCode is a 3D Secure program adopted by MasterCard for the security of its customers. High Risk Nutraceutical Merchant Accounts. 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. Part of this underwriting process often involves providing proof of GMP certification. These programs are very effective at assisting high risk merchant account holders to manage and prevent charge backs before they happen. cosmeceutical merchant accounts. Domestic and international solutions with no contracts, low rates and next day funding. Online Gambling Merchant Account. The market is projected to reach USD 220. When using an offshore merchant account, your acceptable chargeback ratio increases from below 2% to 3-4%. Reach us directly at 1-800-318-2713. Decrease expense. 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. You sell a service that does not show up on the door in one to two weeks. Nutraceutical businesses can enjoy fast approvals, low processing fees, and reliable. With high risk merchant accounts, the bank may use risk management strategies like a rolling reserve, to protect the bank and the merchant from potential losses. Here are some tips on how nutraceutical merchants acquire the payment processing needed to power business growth. Load balancing multiple merchant accounts on a single gateway is an easy way to protect your business. If you are a nutraceutical merchant and you are looking for a high risk merchant account you can choose to work with Offshore Merchants as a leader in the high risk payment processing industry. The subscription business may include tangible goods such as monthly magazine issues, subscription boxes, and health supplements, to name a few. 7650 South McClintock Dr #103-437 Tempe, AZ 85284Offshore merchant accounts for high risk merchants. It depends on the type of business the merchant operates. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. Call: 03 8592 0511. Your revenues are deposited in this account after one to two business days, depending on your agreement with the acquiring bank. Offshore merchant accounts can be the golden ticket to taking your business to new heights. S. Nutraceutical companies offer a lot to their consumer base, which includes anyone looking to improve their health or beauty—so, everyone. High-risk industries such as online. Customer support: Instabill merchant account managers assist the merchants from the application process throughout the life of the partnership. Some adult payment processors will set you up with an offshore merchant account. If you're looking for payment solutions that will positively impact your business, Zen Payments is ready to help. Top-notch security exceeds the most rigorous standards for safe, compliant processing. This will allow businesses or. This requires a yearly fee paid into the payment card networks to cover fees incurred through Visa/MasterCard and Discover. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. Offshore Merchants has been setting up negative option businesses since 2007 and is a leader in processing negative option billing type businesses. Establishing offshore merchant accounts is a perfect solution for such industries as multi-level marketing, travel agencies, forex, nutraceutical, financial services, credit repair, tech support and. Best for online and international sellers: Durango Merchant Services. Adult Industry. Tech Support. Online casinos are one example of a high risk business. Merchants in need of a high risk merchant account can find affordable payment processing without the excessive fees that other merchant services providers charge. Get approved for a nootropic, supplement and nutraceutical merchant account. Merchant Stronghold have its Head quartered in Clearwater, Florida. We can help merchants with a low credit score or a poor credit history too. Depending on the type of travel business, merchants can use a number of different types of equipment for payment. We provide secure payment gateways (shopify, woocommerce, etc), ach & credit card processing. Retail Payments. Supported industries: Firearms, vape shops, real estate, gambling. The Florida-based merchant account provider, Allied Payments is capable of serving most domestic high-risk business types. With online channel being the top outlet for sale of. Host Merchant Services: Best for Interchange-Plus Pricing. These methods allow for automatic acceptance of legitimate orders, and provide the opportunity for manual review prior to accepting suspect orders. The eMerchant Authority team will handle the onboarding process for the referred merchants—no need to follow up on your end. com. Credit Repair. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. A high risk merchant account is a certain type of business bank account assigned to those merchants who present a degree of risk associated with their business. We are living in an age when leading a healthy life no longer means eating healthy and getting enough exercise. It’s basically an eCommerce list that warns other financial. The ACH network is a system that facilitates electronic transfers between bank accounts in the United States. Chargebacks occur when a customer disputes a transaction with their credit card company, leading to a refund. Taking part in the growth of Internet sales of vitamins and supplements One portion of the U. Key benefits of High-Risk Merchant Account for Nutraceutical Products. In. Paynet Secure has over 25 banks located within our network and. Thank you for contacting Offshore Merchants. If you are looking for a high volume merchant account or having problems with ticket sizes, regardless of the risk, we can help. Free setup and zero upfront fees. Higher capacity processing. Credit Repair. In fact, finding a merchant account with favourable terms and low transaction rates in this vertical can be arduous. 98% approval rates for high risk credit card processing. A merchant account is a business bank account that allows the movement of funds between issuing and acquiring banks to settle transactions made using credit and debit cards. Cheaper than card processing: A typical card transaction will cost a merchant around 3%, however, with eCheck, the cost. Skip to content BestPaymentProviders. For some it is, but for the majority of business owners. It provides credit card processing services for businesses of all sizes. This is where. A No Chargeback Merchant Account, also known as a "high-risk" merchant account, is a specialized payment processing solution designed to cater to businesses that face a higher risk of chargebacks. Credit Card Processing for Vitamins. Businesses operating in these industries require custom solutions in order to obtain online credit card processing. Approval. You need a dependable high risk merchant account provider for your nutraceutical merchant account. No Application or. Multiple merchant accounts are easily managed through a single dashboard. With access to scores of US and international banks, all payments are covered. ACH transactions are batched instead of being processed individually which. 65%, Visa will request an investigation into the cause and that an action plan be developed. Nutraceutical merchants often have customers from around the world. Merchant Stronghold specializes in high risk and offshore merchant accounts. Call us on (+44) 20 32862655 to get approvals, pre-approvals & expert advice. New broker business echeck accounts are easily approved and set up. 98% Approval Rating. 1. Free application with no obligation. Nutraceutical Merchant Account. Customizable – match your brand, and choose what fields to display. Paynet Secure has over 25 banks located within our network and. Protect your business operations. Over 80 different “in-country” payment methods increase sales from global shoppers up to 40%. The more ways customers can buy from you, the more sales you make. Bank transfers are the safest online payment method available for nutra merchants. The agent gets commission for the time the merchant processed transactions, and the merchant is left trying to get their funds released and find a new home for their new joins and legacy rebills. Performance Card Service (PCS) is an adult payment processor with more than 20 years of experience helping adult content providers establish merchant accounts, manage chargebacks and deal with all other processing-related issues unique to this business. Choose from a variety of competitive revenue sharing programs for the right compensation model focussed on high risk accounts. Electronics. With access to hundreds of US and international banks, all payments are covered. Performance Card Service (PCS) specializes in high risk merchant accounts and other payment processing solutions. Security: Shopify Pay includes fraud detection and prevention tools to help keep transaction data safe. About Us Who we are. Proven, reliable payment processing services for CBD and hemp oil businesses. Acquirers in multiple regions help you diversify accounts, mitigate risk, and benefit from offshore jurisdictions. This typically involves using payment gateways and merchant services to authorize and process the payments and ensure compliance with. E-commerce Merchants; Offshore Merchant Accounts; Contact Us; Address. Posted on March 27, 2018 April 28, 2023 by merchants. 4 million US dollars by the year 2025. Find the healthiest merchant account option today for your nutraceutical business. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. Encouraging buyers to pay with crypto to helps reduce chargebacks and keeps card merchant accounts in good standing. eMerchantBroker. Performance Card Service (PCS) specializes in high risk merchant accounts and other payment processing solutions. Comprehensive Merchant Account Solutions for Nutraceutical Businesses. International Payment Methods. Address the needs of nearly every industry, thanks to our comprehensive array of merchant transaction. The company’s products include ACH processing, an online payment gateway, merchant cash advance, and a chargeback management system to help merchants dispute and resolve chargeback claims. The demand. Learn more about our solutions for Nutra merchants. Home Front Page. When asked how to accept credit card payments when being located outside of the US, many would tell you to use a PayPal account. Businesses in this category often rely on solutions that can be time-consuming and expensive — especially when dealing with large volume transactions. Due to frequent comparisons to nutraceutical companies, owners of cosmeceutical businesses need to be vigilant. 06 billion ). Agreement with the nutraceutical supplier (if you are not a manufacturer); Valid ID copies for all company directors and owners. Advanced Subsea Services. Soar Payments: Best for. The final key difference is that high-risk merchant accounts typically require a longer application process than offshore merchant accounts. Your financials will also be under investigation, along with your. Increase orders. ACH fees may vary depending on your payment processor, your account agreement, your transaction volume, and. 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. Every merchant has a different ID number, much like every individual has their tax ID number. 28 billion in 2019, according to Grand View Research. The funds move expediently through the ACH Network, with the funds deposited into the receiving bank account within a few business days. We also partner with 3 rd party vendors to provide affordable merchant accounts and credit card processing services to high risk business around the word. Boost sales from US shoppers up to 20% with ACH & echecks. Merchants can begin by filling out EMB’s fast online application. Our partner program rewards you with both short and long term capital that you can invest back into your business. High volume Nutra merchant accounts are our specialty. Boost orders from US shoppers 10-30%. Selling nutraceutical products can be a slippery slope, which is why we’re straightforward with banking guidelines and protocol. Adding secure bank transfers on your checkout page as an alternative payment method boosts profits by eliminating the risk of chargebacks. The main difference is that merchants seeking offshore merchant accounts are generally classified as high risk by US acquiring banks. And you can begin processing payments immediately. only low risk merchants, but most will also accept high risk merchants including travel, adult entertainment, gaming, nutraceuticals, dating etc. eMerchant Authority offers flexible and sustainable solutions for all different types of business in the adult industry. , is opening his/her doors to the world. Here are the top 5 high risk merchants that are mostly likely to process high risk payments. Our team of payment processing professionals can help merchants with nearly any type of need for their business, from card terminal installation to high risk merchant account services. Payment methods that can be used include credit cards, debit cards, ACH/eCheck, or gift cards.