Gain access to an extensive network of domestic and international banks to satisfy your processing. C. They are the equivalent of direct deposit and direct debit in your bank account. Many herbal products are also referred to as nutraceuticals. Some of the benefits include: Network Merchants Inc. Why are Nutra Accounts considered High Risk? Many different terms and definitions are used in different countries, which can result in confusion. One study showed the average value of a cash transaction was $22, compared to $112 for the average non-cash transaction in 2019. An ACH merchant account allows businesses to receive. Once a high-risk nutra merchant account is approved, payment processors set monthly processing limits. S. The payment gateway encrypts sensitive payment data and then transmits the information to the banking networks. Nutraceutical Credit Card Processing. Both. Without a merchant account, you will not be able to accept payment via credit card or debit card. As a merchant, your best chance of opening a Nutra merchant account is dealing with a high-risk payment processing provider for your payment processing services. Due to the chance for legal action in such a loose and unregulated market, th. Our partners and sponsor banks can provide your business with high risk merchant services for domestic and international businesses. Place your High Risk Merchant Account with banks that want your business. Documents required getting a Merchant Account for Nutraceutical Business: Personal Documents: Driving License and Personal Bank Statements for the recent 3 monthsWe have the solutions. A merchant account is a type of bank account that enables businesses to accept and process digital payments, such as credit and debit card transactions. As a high-risk specialist, EMB has years of experience in helping merchants other providers consider “too risky”, and. With a Nutraceutical Merchant Account from Patriot Bankcard, nutraceutical merchants are instantly able to process Visa and MasterCard transactions for their online Nutraceutical Merchant business. 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. S. Money sent today is received today. More Payment Options Equal More Profits Payment alternatives such as secure vault payments and electronic checks account for 30% of all internet purchases. Finding a knowledgeable payment processor is better to help your nutraceutical merchant account get through all legal actions. Nutraceuticals Payment processing for Nutraceuticals Nutraceutical merchants online credit card processing solutions from a reliable nutraceutical merchant account. Ideal for businesses with a wired internet connection and a traditional storefront, these sales typically have the lowest fraud and chargeback risk and are therefore. Setting up a merchant account to process payments is the first step in enabling nutraceutical commerce. S. High volume Nutra merchant accounts are our specialty. accounts for nutra businesses to be considered high risk by banks and regulatory bodies. The requirements for keeping the account will be more stringent and the maximum chargeback rate will be lower than for other, lower-risk. Allow 3-5 business days for approval of US nutraceutical credit card processing accounts. A nutraceutical merchant is one who sells a pharmaceutical alternative that promises physiological benefits. The #1 rated high risk merchant account provider. S. com; About Us; What We Do; FAQ; Blog; Partners; Rates; Contact; Application;. With your account, you’ll have access to all of the incredible features PayDiverse offers, including: Free set up of your payment portal. For this reason, they will put certain industries or business types on their restricted merchant list. Chargebacks: The 411. eChecks. 3) US Signer – Typically a US resident with >50% ownership is the signer but LLCs can be “Manager-Managed”. As a result, the websites of nutraceutical and supplement merchants must be constantly monitored. International merchant support. One study showed the average value of a cash transaction was $22, compared to $112 for the average non-cash transaction in 2019. Other benefits that accrue to businesses that choose nutraceutical. Compare quotes from merchant providers who understand supplement & nutraceutical payments! Access 90% of UK's leading merchant acquiring banks. Merchant Login. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. 325412: Pharmaceutical Preparation Manufacturing. Nutraceutical payment processing is not difficult. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. Choosing an ideal payment gateway for your nutraceutical company whittles down the risks that come with processing. International is a registered service provider for clearing and settlement institutions that sponsor GPC to enter MasterCard and Visa transactions into the interchange system. With regulations on payment processing getting more strict, you will need a solution you can rely on. You need EMB. Some payment service providers (aka PSPs), however, have banking partners that offer quality nutraceutical merchant accounts. Quick & Easy Merchant Account Setup! Contact our nutraceutical team. With high chargebacks, continuity billing and excessive friendly fraud cases, it is not surprising that nutraceutical merchant processing is considered higher risk for traditional banks and payment processors. Durango Merchant Services: Best for highest-risk businesses. Opting for a high-risk nutraceutical merchant account provides the assurance that you can operate your business without the risk of losing sales or potential customers. Even if a traditional bank is willing to provide you with a merchant account, the fact that it considers your business to be high risk does not change. Nutraceutical related merchants who give awesome items at reasonable costs can hope to remain in business and appreciate outstanding income. We at EMB, or eMerchantBroker. Due to lack of health regularization by the government, Nutraceuticals are tricky businesses to find merchant accounts. The agent gathered the information and promised to call me back after researching my questions. Durango Merchant Services, on the other hand, has offered solutions for the telemedicine industry for many years. Banks & ACH Processing. Even though there is no law against the Nutraceuticals businesses, but banks and merchant services don’t accommodate the Nutraceuticals business. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. Completed Cannabis Merchant Account Pre Application. The difficulty in getting account authorization with many banks for high-risk nutraceutical merchants in this sector forces them to look for a high-risk credit card processor. There are a number of merchant account providers and payment processors that offer offshore. Third is vaping and e-cigarettes. The majority ofnutraceutical businesses spend their 1stfew months determining fulfillment, their ad bidding strategy, and other. National Merchants Association. Business dealing in such products is categorized as high-risk business and therefore most conventional banks and merchant processors will. Free application with no obligation. But, RCC is still a risky business for banks and third party processors. This is because of strict guidelines for processing credit card payments that go beyond the requirements of most other industries. These can all be flags for a high risk merchant account. It is difficult to get a merchant account or payment solution for Nutraceutical businesses simply because of their high-risk nature. NationalACH specializes in payment processing accounts for high volume and high risk merchants that want the ability to accept payments directly from US customers’ bank accounts. What is a Nutraceutical Merchant Account? Because banks typically deny funding and payment processing to this industry, more and more of these merchants are turning to alternative providers like eMerchantBroker. App. Therefore, banks consider nutraceutical merchants too high of a risk. They also struggle to secure the financing they need to grow their business and cover costs. High Risk Nutraceutical Merchant Accounts. Like many other companies that are classified as “high risk” by lenders, nutraceutical companies have uphill battles when they seek nutraceutical company merchant accounts. Free application with no obligation. Get Your Financial Sources Together. Turn to a custom high risk nutraceutical and supplements merchant account for your payment processing needs. Banks that fund nutraceutical merchant accounts that market illicit ingredients or goods can be found responsible once more. Allied CardPay provides affordable, reliable nutraceutical merchant account. Banks will avoid your nutraceutical company while CWBPAY specializes in your nutraceutical company. What Are Nutraceutical Merchant Accounts? A nutraceutical merchant account is required to accept and process card payments. Copy of the fulfillment agreement. Due to the risks and a high number of chargebacks, banks and financial institutes do not support with merchant account service to the nutraceutical merchants. 2968 Jacklin Rd, Victoria, BC V9B 0A3 Get directions. Your customers need an integrated and secure payment gateway to purchase their supplements. For an instant quote on an Instabill nutraceutical merchant account, call us directly at 1-800-318-2713 or simply click the button to get started. ePay Global is a trusted name in the market for providing a high-risk payment gateway for the all types of business, with specialization in Nutraceutical Merchant Account. top of page. We have the banking relationships and underwriting in place to support nutraceutical supplement credit card processing. Excessive chargeback rates over 1% are the number one reason most merchant accounts are terminated. When a customer makes a payment in this way, otherwise known as a card-not-present transaction, the money is processed into the merchant account before passing. It’s pretty much a fact, that increased business almost always. Easy Pay Direct. Nutraceutical Merchant Account. Factors such as fees, security, customer support, and compatibility with your business model must be. Many customers are simply dissatisfied with the effects of the products and opt for returns, meaning that nutraceutical companies suffer from higher-than-average chargeback rates. Nutra products range from oral supplements to teas, tinctures and salves. STEP 3: REGISTER FOR TAXES, OPEN A BUSINESS BANK ACCOUNT AND SET UP BUSINESS ACCOUNTING. under a license issued by a jurisdiction whose government has been identified by the U. sales@intl-payments. 4 billion as of 2015, and is estimated to reach $204. Our payment solutions are designed to seamlessly integrate with your business model, whether you operate an e-commerce platform, health supplement store, or other related businesses. An EMerchant Authority nutraceutical merchant account allows you to accept all credit cards, meaning you can sell your nutraceutical products to customers from all over the world. 3, 2019 • 0 likes. Added to the MRP – Mastercard Registration Program Acquiring banks has to include all merchants involved with negative option billing into the MRP to be compliant with the new rules. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. You should also build a network with banks and other financial sources so you have a consistent flow of funds whenever you need it. The Role of a Payment Facilitator. You will be contacted within one business day . Merchant Account for Tech Support. Although that's great news, some business entities don't want to allow these types of sales. Nutraceutical businesses can get fast approvals for high risk payment solutions with Revitpay. Nutraceuticals Payment processing for Nutraceuticals Nutraceutical merchants online credit card processing solutions from a reliable nutraceutical merchant account. S. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today!. The settlement banks are our clearing banks and are members of MasterCard and Visa associations. Nutraceutical merchant accounts, offered by specialized payment processors, utilize top-tier security. Getting a merchant account involves: 1. Get the processing capacity you need to manage & grow. 4 billion as of 2015, and is estimated to reach $204. How to open a nutraceutical merchant account in 2019. Built-in virtual terminal. C. We offer the industry's first transparent and compliant cannabis payment processing merchant account. We understand how challenging it may be to work with traditional payment processors, particularly when selling nutraceutical items and supplements online. An R20 non-transaction account offers users a range of tax benefits. It can be any kinds of foods or supplements that can be considered medically or functionally beneficial to ones body. Unfortunately, a customer may request a chargeback after the payment has already been deposited into your bank account. The final step in your custom nutraceutical supplement business is to begin processing payments on your site. When using an offshore merchant account, your acceptable chargeback ratio increases from below 2% to 3-4%. Department of State as a sponsor of international terrorism under 22 U. Additionally, we use state-of-the-art tools like tokenization, encryption, and 3D security to ensure secure card processing, which is essential in the supplement industry and nutraceutical credit. Apply Now. The global dietary supplements industry was estimated at $123. Nutraceutical Merchant Accounts Ecommerce Merchant Account More. With online businesses, this convention is the norm. eDataPay can set your business up with a nutraceutical merchant account you can trust. This post will provide an in-depth review of why the nutraceutical industry is considered high-risk and a list of the best high-risk credit card. The NUTRA business model and high rate of chargebacks are to blame. Secure, dependable payment gateway. But despite providing. Multi-bank and offshore payment processing. Just apply online, and we'll take care of. Additionally, they are responsible for the collection of taxes and fees associated with the transactions. NACHA , which operates the vast ACH network within the United States, doesn’t set the interchange fees associated with ACH payments. Nutraceutical vs. Nutraceutical Merchant Accounts. The only available option for these organizations is engaging in business with payment processors that facilitate high-risk payments. This type of credit card processing for nonprofits generally carries a transaction fee amounting to 2. That is because these challenges also create increased risk for the banks and processors who would serve the industry. The broker helps the business owner access funding sources such as loans, lines of credit and business credit cards. These banks offer merchant accounts to companies they consider safe bets. First Data's GNF List is NOT the same as the TMF List / Terminated Merchant File. Let a business partner with the best credit history apply for the account; Fill up your bank account with a substantial amount of money;To obtain a merchant account for your collection agency, start by completing our online application. Your Resource For Merchant Services. This is because we do not grade supplements and vitamins as high risk companies. QuadraPay’s specialized Nutraceuticals Merchant Account is designed to help nutraceutical companies avoid. S. Call you today to discuss our high risk ach processing programs. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. Best Merchant Accounts for Petroleum Stations January 24, 2023. But there’s also another industry that’s booming in Texas right now—nutraceuticals. For example, users can claim deductions on specific transactions, such as interest earned, dividends received, and capital gains. An automatic clearing house or ACH payment is an electronic means of either depositing or withdrawing funds from a bank account. Nutraceutical Merchant Accounts 2018. Contact Information CompliancyStep 4: Sell your nutra. Luckily, PaymentCloud isn’t like that. 503. The supplement industry is booming with an ever-increasing demand for…Nutraceutical businesses are classified as high-risk, which makes them ineligible for merchant accounts at numerous sponsoring banks. S. Streamline your business by utilizing our experience and latest tools. However, your business can be at high risk or those who have acquired a bad credit from the bank. High Risk Nutraceuticals Merchant Account. 28 billion in 2019, according to Grand View Research. Even if a traditional bank is willing to provide you with a merchant account, the fact that it considers your business to be high risk does not change. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. Businesses in high-risk industries like nutraceuticals may struggle to find affordable payment processing. Merchants can accept several payments, from bank cards to cryptocurrency, with a reliable ecommerce. com works with a number of sponsor banks that provide both domestic and offshore high risk merchant accounts. Our all-in-one merchant accounts include affordable e-Check/Credit Card processing, debit and ACH processing, a payment gateway, and chargeback protection. A sponsor bank is a federal or state chartered bank, which is a member of one or more of the credit card associations, who provides money-movement and compliance oversight for fintechs, since most of them are not banks. Establishing a foothold in the nutraceutical industry is extremely important so the country can become a leader of the market in the future. In fact, many banks have. services that are. 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. As banks vary their risk appetites and credit policies, it’s becoming increasingly difficult to find banking partners that are willing to deal with nutraceutical companies not to mention start-ups with little to no. This surge has nurtured a thriving industry, where businesses must adopt robust merchant account processing systems to seamlessly accept credit cards and offer customers convenient payment choices. All Nutraceutical Merchants welcome. Nutraceutical merchants often have difficulty finding online credit card processing because of their business model. 2371 or 50 U. 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. The wrong choice can be costly. App. Department of State as a sponsor of international terrorism under 22 U. Industries. High-Risk Gateways is in the market for a long time providing service to high-risk merchants. Experian estimates that 30% of Americans have poor or bad credit, according to the company’s 2015 Vantage Score 3. . The registered ISO sells merchant accounts to businesses on behalf of larger banks that are members of credit card associations. Nutraceutical products (commonly known as Nutra products) have formed a billion dollar market. Nutraceutical businesses are classified. In our experience, cannabis businesses see an average ticket increase of about 17% when they implement card payment services. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. Competitive advantage. 6 billion by 2017. nutraceutical industry steadily increasing from $34. 4 billion as of 2015, and is estimated to reach $204. You Need to Open a Business Bank Account and a Separate Merchant Account. net. Funds settle to the merchant’s bank account immediately when the payment is authorized by the customer. With high chargebacks and continuity billing, some banks consider nutraceutical merchants too high of a risk. First of all, if you're looking to open a nutraceutical merchant account with a standard merchant. It is projected to leap 20 percent by 2019, and reach $6. Nutraceutical merchants require a card processing associate that works in their best interest. More. No problem! Talk to a SeamlessChex representative today to see if a nutraceutical merchant account is right for you! Nutraceutical Merchant Account Solutions Made. High Risk Nutraceuticals Merchant AccountThe problem, however, lies not just in finding an affordable bank or merchant-account provider and then opening an account but in keeping it open once you have one. Touchsuite is located in Boca Raton, FL and is a payment processing and point of sale company that specializes in merchant accounts, point of sale systems, Grubbrr self-ordering kiosks. Offer processing services to your customers with an API integration to your platform. 0 data. The Best High-Risk Merchant Accounts of 2023. Learn the differences to keep your high risk merchant account up and running. High-risk Nutraceutical Merchant Account. These limits are typically between $25,000 and $100,000 per month. 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. COVID-19 changed cash for good. DigiPay’s expanded network of banking relationships accepts the nutraceutical business category and provides competitive rates, terms and conditions. DigiPay’s expanded network of banking relationships accepts the nutraceutical business category and provides competitive rates, terms and conditions. For an instant quote on an Instabill nutraceutical merchant account, call us directly at 1-800-318-2713 or simply click the button to get started. Unfortunately, this leaves nutraceutical business owners. Reasonable processing rates. What is a Nutraceutical Merchant Account? Because banks typically deny funding and payment processing to this industry, more and more of these merchants are. With technological advances, the payment services industry has evolved, with payment processors offering merchants new platforms to accept payments. The credit card companies have special rates for utility bill payments. Some adult payment processors will set you up with an offshore merchant account. How to Avoid Having your Nutraceutical Merchant Account Closed & TMF? Moneck Payment Solutions. Ensuring merchants have reliable and consistent payment. Benefits of a Kava Merchant Account Services. A high-risk merchant account is a type of payment processing solution designed for businesses operating in industries deemed high-risk by acquiring banks. 8% + 0. These businesses need a trusted company like PayKings to provide them with high risk credit card processing. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. Outside of negative option billing, nutraceuticals is under scrutiny by low-risk banks. 3. 9% to 685. The ACH network is a system that facilitates electronic transfers between bank accounts in the United States. With an offshore merchant account, it’s easier to process credit card payments under major companies like Mastercard and Visa. Documents. High-Ticket Merchant Accounts. Sponsor Bank. payment gateways, credit card processing, chargeback alerts & instant approvals. Getting a merchant account involves: 1. The sponsor bank is responsible for getting the funds to the merchant and. Furthermore, people with scores between 300 and 600 are most likely denied access to good lending opportunities due to their low score status. 50 in interchange for a $200 transaction. Challenges that plague the supplement industry also put the owner's nutraceutical merchant account in danger of shut down. We carefully combine high-quality services with low prices to further our goal of becoming the leading high-risk merchant account provider in the country. Super support. If processors and banks carefully manage the risk associated with RCC transactions, the potential for fraud can be somewhat reduced. To get approved for a nutraceutical merchant account in 48 hours click below or call 1-800. 65%, Visa will request an investigation into the cause and that an action plan be developed. Further projections have the U. Standard ACH credits $1-3. VISA (8472) Monday, October 30, 2023 Agent Login; Merchant Login; Toggle navigation. 6 billion by 2017. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them securely. Every merchant has a different ID number, much like every individual has their tax ID number. And many buyers are savvy, they know exactly what they want. The nutraceutical industry, or “nutra” industry brings in a yearly revenue totaling roughly $181. There are nearly 40 authorized credit unions operating in the province today, with some of them. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by financial institutions. This prohibition can be for several things, including the owner’s financials or credit background to the sales history, transaction types, or industry that the business operates within. Peptide Merchant Account. Nutraceutical products are normally classified as high-risk. PayDiverse works closely alongside nutraceutical merchant accounts to avoid detrimental and unwarranted chargebacks, fraud and account closures. To get a high risk merchant account for your nutraceutical business, you need to apply to ahigh risk merchant services provider that has a bank sponsor relationship that’s willing to accept nutraceutical businesses. This is the only solution for succeeding in the NUTRA business. App. In our experience, cannabis businesses see an average ticket increase of about 17% when they implement card payment services. Due to the high-risk nature of the Nutraceutical business and higher risk associated with the products. This allows the acquirer to offer payment services to their clients. Banks & Credit Card Processors Are Not Impressed. We are the #1 provider of merchant accounts for the nutraceutical industry, connecting you with payment solutions in as little as 48 hours after approval. The reason is that more and more people are looking into natural cures for their ailments. To get a high risk merchant account for your nutraceutical business, you need to apply to ahigh risk merchant services provider that has a bank sponsor relationship that’s willing to accept nutraceutical businesses. They’re so well-established in fact that they work with over 60,000 merchants. 15% with an added $. If. Look for vendors that use language stating they are friendly to your business. A Terminated Merchant File is used by processing companies to screen merchant account applicants. 15% with an added $. Nutra Payments Offers Retail & High Risk Nutraceutical Merchant Accounts. The good news is some PSPs are already partnering with acquiring banks that process high-risk companies. Large Average Ticket Size. You’ll pay a 6% fee on the first $250 of that sale. The sale of peptides online through the use of credit card payments is deemed high risk by many banks in the US. This way, you are denied any chance of getting your hands on a merchant processing account. To save yourself and your business a headache, you need to locate a high risk merchant account processor. Check out our nutraceutical merchant accounts. C. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. C. Traditional payment services and banks to avoid approving underwriting for adult merchant accounts. Los Angeles, CA (PRWEB) January 26, 2015 -- eMerchantBroker is proud to announce merchant account support for all businesses dealing in the nutraceuticals industry. 4% + 0. Nutraceutical businesses come under the category of high risk. The Advantages of a High Risk Merchant Account for Nutraceutic. Wells Fargo on it’s own, operates purely as a banking institution – and most of their operation has nothing to do with First Data. A Merchant Account Focussed On the Needs of Nutraceutical Products. Apply for a Nutraceutical Merchant Account to Accept Credit Cards. Kelly Bissell. Merchant Uses of Payment Processing Services. This also allows long-distance purchases which increases your chance of a sale. Nutraceutical merchant accounts doubts can be cleared with this 5 Star Processing article. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. Langford Parkway Branch. Merchants experience resistance to tobacco credit card processing during card-not-present (CNP) transactions. Signature Payments is the #1 payments company in the industry of high risk vape and E-Cig merchant accounts. The sponsor bank is a key component in the payment process, responsible for transmitting funds to the merchant A business that accepts credit cards for goods or services. We are living in an age when leading a healthy life no longer means eating healthy and getting enough exercise. MerchantE has direct relationships with several sponsor banks. Vacation Rental Merchant Accounts. It takes just a few minutes to complete. NUTRACEUTICALSNutraceuticals Payment processing for Nutraceuticals Nutraceutical merchants online credit card processing solutions from a reliable nutraceutical merchant account. Nutraceutical Merchant Account. This is because of strict guidelines for processing credit card payments that go beyond the requirements of most other industries. Organizations that deal with a large number of. One of the riskiest is the nutraceutical industry, which affects most consumers on a daily basis. Because nutraceutical vendors are considered high risk merchants, accepting card payments can be a challenge; but not being able to accept these payment methods will almost certainly stifle the growth potential of the business and. ACH credits are used for sending money. Many banks are also reluctant to partner with MLM companies. search for long-term solutions for your nutra deals. Nutraceuticals products are fortified food products that supplement diets with nutrients as well treat or prevent diseases. Unfortunately, this high projection still does not ease the process of being approved for peptide merchant account services from banks. An offshore merchant account allows you to accept and process payments with bank cards over the Internet in 2023. Accepting ACH payments gives your customers a trusted method of paying you. Stripe is a payment processing platform that allows you to accept credit cards, debit cards, and other forms of electronic payment. Vitamins, Skincare, Nutraceutical The nutraceutical (or "Nutra") sector is not a laughingstock. The bank-to-bank transfers direct payment platform was designed specifically for high risk ecommerce businesses including nutraceutical merchants. Check out our nutraceutical merchant accounts today and get your business finances in good health! Atlantech provides the best Merchant Accounts for Nutraceutical. Furthermore, there have been incidents of businesses selling CBD using merchant accounts to sell products with THC much higher than the 0. Some adult payment processors will set you up with an offshore merchant account. Find a reliable PSP. . 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. C. and the processor A large data center that processes credit card transactions and settles funds to merchants. S. Making an application for a High-Risk Merchant Account. Banks. “Best Nutraceutical Merchant Account Providers,” January 10, 2017, at. Chargeback Mitigation. S. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. 3. MerchantNegotiators. Buyers can use a WAAVE account to facilitate repeat purchases and get rewards 2. 0 likes ×When seeking an ideal solution for adult merchant processing, that includes online dating, strip clubs, adult book stores, novelties, toys, and websites that require memberships for pornography, it can be a tedious process to successfully accept debit and credit cards. Therefore, most nutraceutical companies will have to use a partner who specializes in high-risk merchant A business that accepts credit cards for goods or services.