Merchant Accounts For Nutraceuticals

Everything You need to know about a Merchant Accounts For Nutraceuticals

Many Nutraceuticals ecommerce business owners find it difficult to obtain a merchant account & accepts credit cards due to high risks associated with banned substances and high chargeback. If you are experiencing this problem, then we can help you!

Most Nutraceuticals businesses sell many products include: Nutrients, Dietary Supplements, Vitamins & Minerals,  Fat Busters, Skin Care Products, Nutritional Beverages & more. Those are used by many consumers to improve their health, Enhance beauty, boost energy & sexual and male enhancement, protect biological functions and more.

 

Why is the Nutraceutical Industry Considered a “High Risk” business?

There are a few reasons why nutraceutical merchant accounts are considered as high risk.

Chargebacks from unsatisfied customers.

Not regulated by the FDA (Food and Drug Administration)

Many acquiring banks consider the nutraceutical industry to be a high risk business due to the risks of Chargebacks from unsatisfied customers, recurring and continuity billing models. The lack of regulatory standards on nutraceutical products by the FDA also play a role in the clasification of the nutraceutical business.

At this moment nutraceutical manufacturers are not regulted by the FDA as drug companies do, therfore the consumer is using a product that hasn't been tested, or even prove to contain what they claim to be. Therfore the risk of loss of revenue and legal action against businesses that manufacture and sell these natural products.

How can we help you get your Nutraceuticals credit merchant account get approved?

We pride ourselves in providing merchant services for all sorts of nutraceutical businesses, so that they can process credit cards. We focus more on the fact that you are a legitimate business with clear objectives. We approve most nutraceutical  businesses in 24 hours.

How do I get the process started?

approvedAll you need to do is either fill out an online application or give us a call so that we can get the process started. We will be happy to talk to you and get more details about your company and discuss what the best options are for you.

We have relationships with a number of different banks and other institutions, so we can say that we get most businesses approved within 24 hours! You will be surprised at how easy the process is.

What if I don’t get approved instantly?

If your nutraceutical merchant account is not approved instantly, there is no need to worry as we will get an underwriter to review the account and tell us what is needed in order for it to be approved. In most cases, the problem will be solved quickly and your business can start processing credit cards within no time at all!

So what are you waiting for?

Fill In Your Details Below & Get Approved Now!