Give us a call now to began accepting credit cards. ”. Call us on (+44) 20 32862655 to get approvals, pre-approvals & expert advice. The main drivers of this growing demand include increasing health concerns as well as changes in dietary lifestyles. To provide payment services for offshore hospitality merchant accounts, a payment services provider partners with different offshore acquiring banks, this may be due to the location of the merchant,. Finding a merchant account for your nutraceutical business can be a challenge. An US-headquartered company providing high-risk and offshore merchant accounts, Instabill have offices all over the world (the closest one in Malta) and provide their services worldwide to thousands of high-risk businesses. Customer Service. What is an Offshore Merchant Account. To be approved for a merchant account with Nutra Payments, the business owner must have a valid SSN and US issued identification (driver’s license, US passport, etc). Authorize. 65%, Visa will request an investigation into the cause and that an action plan be developed. Offshore merchant accounts have fewer limitations and can be an excellent option for extremely high-risk businesses that might not have access to credit card payment processing otherwise. ACH Payment Processing is a service of the Automated Clearing House (ACH) network. Forex merchant accounts are established for Forex traders, Forex trading platforms, and Forex informational services. We provide merchant accounts for all types of nutra industry businesses, but specialize in merchant accounts for businesses that are considered “high risk,” or hard-to-place. Pos Systems. And increase sales. Once a nutra company is approved, payment processors set monthly processing limits for new businesses, typically between $25,000 and $50,000 per month, for the first three-to-six-months. Minimum monthly processing to qualify for an account is $50K. New broker business echeck accounts are easily approved and set up. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. Offshore accounts are a completely legal method for managing money in a more profitable sense. It takes place after a payment authorization officially transfers a customer’s fund into the merchant account. Performance Card Service (PCS) specializes in high risk merchant accounts and other payment processing solutions. Allied Payments specializes in providing the most reliable high-risk merchant account services to businesses in need of specialized solutions. This is where Allied. These result in chargeback reported under ‘Not as Described’. And payment processing is also migrating offshore. Bank transfers are the safest online. While card transactions are quick, cards, ACH, echecks, and other payment methods take time. Despite the. com. Digitally sign and submit your application. net;. Address the needs of nearly every industry, thanks to our comprehensive array of merchant transaction. Thank you for contacting Offshore Merchants. , is opening his/her doors to the world. Start with the Virtual Terminal and add a new integration method at any time. See Full List of Supported High Risk Industries Our online gambling merchant account fees are industry-competitive and affordable, and the application process is free. 5% - 4. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. Accept payments any way customers want to pay you. A high risk merchant account is a payment processing account for merchants that are classified in a high risk category. A subsidiary of Visa, Authorize. Approval. Other products and services considered high risk. This has led to more vape shops and online vape shops while increasing the need for ecommerce merchant accounts. Posted by The Roar of Freedom. S. Protect your business operations. 468. Cheaper than card processing: A typical card transaction will cost a merchant around 3%, however, with eCheck, the cost. Best for chargeback monitoring: SMB Global. 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. Get approved for a nootropic, supplement and nutraceutical merchant account. Accounting for over $60billion in annual revenue, the nutraceutical market is expected to surpass $100billion by 2024. 02 billion (2023). You need EMB. The most common reason for a high-risk classification is chargebacks. 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. Offshore merchant accounts seldom have caps on volumes; Quick incoproation. It also encompasses intangible goods such as subscription accounts that. Accept credit card payments and monitor your processing with your nutraceutical merchant account. Therefore, merchants. Whether businesses require a virtual terminal or only need a gateway, Allied Payments can help. 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. 3 Strategic solutions for merchants operating one merchant account. Learn more about our solutions for Nutra merchants. 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. Get started right now by contacting us online or giving our merchant services specialists a call at 844-661-0725. net. With our kratom credit card processing solution, it’s finally possible to accept payments for kratom vendors and cbd with a domestic U. ACH as a payment method is growing in popularity among merchants in most businesses using check processing services. No matter the needs of a merchant, the team at Allied Payments can help set store owners up with the best payment solution at an affordable price. This is a non-interest-bearing savings account used by the acquiring bank as a type of insurance against chargebacks. The domestic merchant account services company pairs your business with one of the providers that is the most suitable for your business. 1. Herbal Products and Nutraceutical Merchant Account Nutraceutical products have become a much sought after industry as a one-time customers generally turns to a recurring customer. High Volume Merchants; Software and E-Book Merchants; Electronic Cigarettes. Fantasy Sports. It provides credit card processing services for businesses of all sizes. Accept over 100 currencies in 196 countries; Rates starting at just 2. First Name. Customers with a bank card generally spend more than those with a debit card or cash. Load balancing multiple merchant accounts on a single gateway is an easy way to protect your business. High volume Nutra merchant accounts are our specialty. The subscription business may include tangible goods such as monthly magazine issues, subscription boxes, and health supplements, to name a few. Merchants can begin by filling out EMB’s fast online application. We approve the accounts, manage risk, clear payments, and pay the forex merchants. A nutraceutical merchant account allows these merchants to not only secure the credit card processing services they need, but also take advantage of. A nutraceutical merchant account is a type of merchant account that is specifically designed for businesses that sell nutraceutical products, such as dietary supplements, vitamins, and other health-related products. Internet. The adult sector is a lucrative billion-dollar industry that continues to evolve. Benefits of Accepting Crypto for High-Risk Merchants. Some adult payment processors will set you up with an offshore merchant account. When you begin your payment processing. Offshore accounts are a completely legal method for managing money in a more profitable sense. Level 1 PCI-DSS Secure European Payment Gateway. Many high-risk payment processors require a merchant account reserve. ACCEPT PAYMENTS ONLINE. ACH payments are used to move funds from one bank account to another. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. To get a merchant account, one must submit an application with a merchant account provider. Get Your Financial Sources Together. Merchant service partners get 15% up to 50% of recurring revenue based on your successful referrals. Nutraceutical businesses are classified as high-risk, which makes them ineligible for merchant accounts at numerous sponsoring banks. We welcome all merchants and our high risk merchant account services are easy to operate. Decrease expense. Bank transfers are the safest online payment method available for travel merchants and your customers. Every merchant has a different ID number, much like every individual has their tax ID number. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. An offshore merchant account refers to a processing account held by a business with an acquiring bank located in a different country. Nutraceutical Merchant Account. Many times a high-risk payment processor will offer payment gateway solutions that can help merchants domestically and offshore to set up their merchant services. Multiple Payment Methods. Integration: As merchants familiarize themselves with their new online gambling payment processing services, the payment processor will begin providing instructions on integrating their payment gateway into the merchant website or app. com Domestic & International Nutraceutical Merchant Accounts. In addition to becoming registered, many processors will also require merchants to seek. Just ask us for the details. FREE Gateway Set-Up. In. Bank transfers are the safest online payment method available for nutra merchants. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. Different payment processors will accept different types of merchants, so. In some cases, it is a planned and intentional act of fraud, but in other cases it may be something like “ friendly fraud . An offshore merchant bank account is one established for eCommerce companies in a non-resident country. PayDiverse offers CBD payment processing at the lowest industry rates & has multiple banks that accept CBD merchant accounts. We at SeamlessChex understand the challenges faced by online supplement businesses, for we excel in managing fraudulent charges and high chargeback rates. It is projected to leap 20 percent by 2019, and reach $6. Diversify payment processing accounts. You will be contacted within one business day . Here are some of the reasons nutraceuticals are considered to be high risk A merchant that is considered a high risk based upon the credit, product. We will assign you a merchant account manager who will help you from the application process to your final payout. These businesses need a trusted company like PayKings to provide them with high risk credit card processing. Retail. Contact. Benefits of Accepting Crypto for High-Risk Merchants. No Chargeback Payment Gateway for Travel Merchants; Nutraceutical Merchant Accounts; Online Dating. The demand. Bank transfers are the most secure online payment system available for ecommerce merchants selling sarms, peptides, body building supplements and research chemicals. The subscription business may include tangible goods such as monthly magazine issues, subscription boxes, and health supplements, to name a few. Nutraceutical. Merchants are labeled high risk for certain reasons: A merchant might have imperfect or flawed credit history. Agreement with the nutraceutical supplier (if you are not a manufacturer); Valid ID copies for all company directors and owners. Moonlight Payments stands out as a dedicated payment processing provider for high-risk merchants and specialized industries. MOTO. Domestic & International Nutraceutical Merchant Accounts. 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. Fantasy Sports. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. The merchant’s industry presents concerns, such as reputation, health. Nutraceutical Merchant Accounts. On average, over 60 million automated clearing house transactions worth over $1 Billion are processed daily through. For merchants looking to expand their smoke shop business online, Allied Payments can help. We provide offshore merchant accounts for existing businesses that process at least $50,000 per month. The coverage extends to adult toy stores, bookstores, strip clubs, adult content websites, and dating sites. Some high risk merchants find it easier to obtain offshore merchant accounts than domestic ones. Attractive rates. The most common reason for a high-risk classification is chargebacks. 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. High Risk Business High Risk Business Merchant High Risk Merchants Online Payment Services Online Processing Payment Gateway IntegrationInternational Bank ServicesNUTRACEUTICAL & SUPPLEMENT MERCHANT ACCOUNT SOLUTIONS. This has led the banking industry to classify supplements and nutraceuticals as “high risk” sectors, which in turn requires a more thorough underwriting process before supplement merchants can open a merchant account. Posted on March 27, 2018 April 28, 2023 by merchants. This is well over what Visa considers an excessive level of chargebacks. CVV stands for “card verification value,” which serves as an additional security feature when you’re making “card-not-present” purchases, like over the internet or phone. A credit card data capture, simply known as capture, is a legal step that happens during card payment processing. , those with both physical and digital storefronts), Moonlight addresses. Weight Loss Programs. Corepay: Best For Mail Order/Telephone Order Businesses. 24/7 support – You want a partner who can provide prompt support when your customers need it. S. Multiple Payment Methods. A merchant account is a type of bank account that enables you to accept online payments. is western Canada's most innovative and resourceful commercial diving, personnel and R. Holdback, chargeback fee and processing rates negotiable & waivable depending on industry and perceived risk level. Card capture happens when a pending payment becomes complete as the business gives the go signal to. SeamlessChex can set your business up with a nutraceutical merchant account you can trust. The more ways customers can buy from you, the more sales you make. When we informed a nutraceutical business owner shut down by Stripe, he could have had several merchant accounts he couldn’t believe it. Durango Merchant Services: Best For Offshore Merchants. 1 billion. based companies shouldn’t be treated like offshore merchants. 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. The most recent negative review mentions held funds: Signed up for a processor sent all needed information, Just for funds to be held and canceled 90-180 days. We can help merchants with a low credit score or a poor credit history too. Offshore merchant accounts, like any payment processing accounts, come with inherent risks. Fantasy Sports. Nutraceutical. Offshore merchant accounts, on the other hand, are not subject. Increase orders. Electronics. Offshore Credit Card Merchant Accounts. Merchant Services. There’s no need to look further than eMerchant Authority for those businesses that need an adult payment processor. Besides collecting all the documents one should follow the following six steps: Six steps one should make to open a nutraceutical merchant account: 1. Merchant Quarters focuses on beautiful and functional goods produced by socially responsible vendors with mindful and fair trade philosophies, and carries larger brands,. Share. Credit Repair. Transaction management available through our Merchant Management Console. Easy Pay Direct. Specializing in eCommerce businesses, Allied Payments can provide a host of different payment options. Some merchant account providers specialize in high-risk merchant account but charge the higher fee for certain accounts. The best nutraceuticals merchant account. Some medical providers add telemedicine merchant accounts a part of a unified medical payment processing platform. With an offshore merchant account, it’s easier to process credit card payments under major companies like Mastercard and Visa. 378 Northlake Blvd #134. We approve the accounts, manage risk, clear payments, and pay the forex merchants. Load balancing through our adult payment gateway simplifies management while providing you with the processing capacity you need. Benefits of a Kava Merchant Account Services. From merchant accounts and payment gateways to offshore incorporations and SSL certificates, we aim to be your one-stop shop for all your e-commerce needs. 28 billion in 2019, according to Grand View Research. High volume offshore merchants accounts are preferred by most international acquiring banks. 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. Encouraging buyers to pay with crypto to helps reduce chargebacks and keeps card merchant accounts in good standing. Get the processing volumes you need. Voted the #1 High Risk Merchant Services Provider in 2015, and 2016. Many of these merchants are categorized as Software As A Service or SAAS companies, which can include other industries that operate using a customer subscription model. This method of accepting payments as a high-risk merchant can be done through a payment gateway. US accounts take 3-7 days for approval. Excellent processing solutions for high volume merchants. 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. Our online gambling merchant account fees are industry-competitive and affordable, and the application process is free. The global dietary supplements industry was estimated at $123. Using a payment gateway, merchants are able to connect their website’s shopping cart to the payment network and process authorizations. Offshore Merchant Account. An ACH fee is a charge that appears on a merchant account statement for the processing of credit and debit card transactions through the Automated Clearing House. A merchant account is a specific type of bank account that allows merchants to accept payments. USA. In the U. The fee is assessed for every transaction made with a credit or debit card. Usually, e-commerce businesses placed in non-resident nations are the ones that go for an Offshore Merchant Account (OMA). Skip to content BestPaymentProviders. Quickly send money to winners. Other fees can significantly affect the total costs of the merchant account. Authorize. The market is projected to reach USD 220. Offshore Merchant Account – Documentation, Procedure & Advantages. Accept Credit Card Payments – as with most online transactions, the credit card payment option is expected in your online pharmacy. About Us Who we are. Setting up an offshore corporation is fast & inexpensive. Merchant Stronghold specializes in high risk and offshore merchant accounts. Paynet Secure has over 25 banks located within our network and. $20/month. Nutraceutical. Vape and E-Cig Merchant Accounts. 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. e. Over 80 different “in-country” payment methods increase sales from global shoppers up to 40%. Essential oil aromatherapy is an alternative type of medicine used alone or to complement more traditional medical treatments. An offshore merchant account is similar to that of an international merchant account. Resources; Have any Questions? Call us at (800) 621 - 4893;. Free setup and zero upfront fees. The accounts enable acceptance of payments from customers in the US and internationally. An acquiring bank is the one that grants the merchant account to businesses. E cigs provide many of the same effects of nicotine without creating smoke, rather emitting water vapor. We also have. net. SMB Global: Best for international merchants. Needless to say, you have much higher chances of approval. Offshore e-Check/Credit Card Processing. Our partner program rewards you with both short and long term capital that you can invest back into your business. They offer point-of-sale solutions, online marketing tools, an online payment gateway, and virtual terminal services. There are few providers who offer customized end-to-end payment solutions, which are more beneficial for the merchant as compare to others. An offshore merchant account means that the acquiring bank or offshore payment processor is located in a region outside of the business’ primary headquarters location. US Head Office 51 Pleasant St # 1072 Malden, MA 02148 UK Head Office 160. 20+ Proven Bank Relationships; Medium/High Risk Accounts; Fast Nutraceutical Account Approval; Large Merchant Case Studies;. S. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. E-check is one of the fastest growing payment methods today among both merchants and customers. Possible tax breaks: Many high-risk businesses opt for offshore merchant accounts because of less tax restrictions in other countries. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. When shopping for a new merchant account, most merchants question the discount rate. ACH fees may vary depending on your payment processor, your account agreement, your transaction. Credit Repair. High Risk Payment Gateways. Fast Approvals. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the region. This. Currently the. High risk merchants who choose to process with instant approval companies may have their account shut down which can lead to lost revenue. S. 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. The global outlook for nootropics is also impressive, with a 17. Accept debit & credit cards. Working with most industries from adult to nutraceuticals, Allied Payments. As a result of these advanced security measures, banks can trust adult toy vendors and give them a long-term payment processing solution. You need a dependable high risk merchant account provider for your nutraceutical merchant account. Apply today. Businesses in this category often rely on solutions that can be time-consuming and expensive — especially when dealing with large volume transactions. Offshore bank accounts offer benefits such as lower taxes, increased privacy, and expanded global reach. Bank transfers are the safest online payment method available for nutra merchants. Our goal is to provide you with the lowest rates, fastest approvals, and best terms for payment processing. We partner with 24 acquiring banks domestically and offshore, including UK and Europe, to settle your. Online and mobile transactions, using either an ewallet or stored bank cards, are the newest. Offshore Merchant Account – Documentation, Procedure & Advantages. net; About Us; What We Do;. High-risk tolerance: A regular ACH account requires merchants to keep the return ratio below 0. Collection Agencies. Nutraceuticals and supplements aren’t exactly “conventional”. Our Internet merchant account services provide businesses with the reliability and security to run smoothly and thrive over the Internet. We have solutions for practically any type of business regardless of size. High-risk merchants may need an offshore merchant account for several reasons. In fact, our low rate guarantee ensures you’re getting. If you are looking for a high volume merchant account or having problems with ticket sizes, regardless of the risk, we can help. Offshore merchant accounts are perfect for high risk industries such as multi-level marketing, nutraceuticals, financial services, tech support and many others. 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. Get approved for a nootropic, supplement and nutraceutical merchant account. Customers easily pay you from your checkout page without divulging any financial information. Best for businesses that want a wide variety of terminals and POS systems. A Terminated Merchant File is used by processing companies to screen merchant account applicants. Merchant Accounts. Soar Payments: Best for High-Risk eCommerce Businesses. Recently we blogged. Specializing in eCommerce businesses, Allied Payments can provide a host of different payment options. The global outlook for nootropics is also impressive, with a 17. So, what does it really mean to be. High Risk Merchant Account; Low Risk Merchant Account; Domestic Merchant Account; International/Offshore. Moonlight Payments Overview. A high risk merchant account can provide you with the capability to create revenue utilizing your website or preferred eCommerce option. 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. 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. These risks include potential chargebacks, fraudulent transactions, and regulatory compliance issues. Merchant Stronghold have its Head quartered in Clearwater, Florida. We will send a notification once your referred merchant is successful. Nutraceutical businesses can be very profitable. It provides credit card processing services for businesses of all sizes. merchant solution. You simply submit an application along with supporting documents. only low risk merchants, but most will also accept high risk merchants including travel, adult entertainment, gaming, nutraceuticals, dating etc. A provider of high risk merchant services since 2001, Instabill is offering additional payment processing options for nutraceutical merchant accounts. Those with legitimate pharmacy licenses can ensure a smooth process in securing a merchant. Offshore merchant accounts have fewer limitations and can be an excellent option for extremely high-risk businesses that might not have access to credit card payment processing otherwise. Tip: The above factors would require nutraceutical companies to have a higher minimum security deposit for their merchant accounts. com can provide an offshore merchant account for nutraceutical sellers and online pharmacies that do not sell illegal services, do not use. Part of this underwriting process often involves providing proof of GMP certification. The Florida-based merchant account provider, Allied Payments is capable of serving most domestic high-risk business types. High Risk Nutraceutical Merchant Accounts. Along with the application, merchants will need to submit the following items to. Tip: The above factors would require nutraceutical companies to have a higher minimum security deposit for their merchant accounts. Instabill’s new international banking solution includes many perks, such as: Solutions for startups; Free trials; Unlimited volume; Recurring billing; Rates for Nutraceutical MerchantsGet Started Today. National Processing: Best For Clover Processing Hardware. Electronics. Decrease expense. 8% between 2017 and 2022. The merchant account is a financial product that allows businesses to be tied into the Visa, MasterCard, Discover, and American Express networks. The best nutraceuticals merchant account. When using an offshore merchant account, your acceptable chargeback ratio increases from below 2% to 3-4%. One of the top reasons you may need an offshore account is because you’re a high-risk merchant. The main drivers of this growing demand include increasing health concerns as well as changes in dietary lifestyles. S. sa[email protected] MasterCard SecureCode is a 3D Secure program adopted by MasterCard for the security of its customers. mp3. It’s basically an eCommerce list that warns other financial. Online merchants tend to see more chargebacks than other merchant accounts. Online casinos are one example of a high risk business. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. Seminar Merchant Accounts Herbal Products and Nutraceutical Merchant Account Merchant. Allied. Customer support: Instabill merchant account managers assist the merchants from the application process throughout the life of the partnership. eMerchantBroker has also received 12 informal reviews from merchants, with 10 of them positive in tone and 2 which are negative in tone. Tech Support Merchant Accounts. based companies shouldn’t be treated like offshore merchants. Top-notch security exceeds the most rigorous standards for safe, compliant processing. Nutraceutical merchants often have trouble finding online credit card processing due to potentially high chargebacks and continuity billing models; most banks consider nutraceutical merchants too much of a risk. High Risk ACH & Echeck Payments.