Accept credit cards via TouchSuite's merchant accounts. The more ways customers can buy from you, the more sales you make. Accept credit / cards for US and international buyers. Dedicated to negotiating the best terms for your supplement & nutraceutical business. Call Us On: 855-339-6004 | Follow Us On: Home; About us; Our Services. With OptBlue, you have options. High risk merchant services is provided for all legal forms of high risk business types. We find the best payment processing solutions for your company! Learn more. Friendly with all ecommerce checkout pages and shopping carts. He also owns multiple businesses that accept credit card payments. Chargeback Prevention. An e-commerce gateway acts as a secure bridge between the credit repair business's website and the payment processor, ensuring the smooth transmission of payment information. A payment gateway is an Internet application offered by merchant services providers for use to authorize high-risk credit card and debit card payment transactions. In order to properly set up, a nutra business online, merchants make sure to go through a few important steps (we can help). Many. The second part is the eCommerce payment gateway, which connects to banking networks, through which transactions are submitted for approval. A merchant account is a specific type of bank account that allows merchants to accept payments. Accept Credit Cards With Less Limitations. (Must Match the Merchant Application) Clear Posting of Customer Service Telephone Number and/or Email Address. Unlike PayPal or Stripe – We underwrite merchant accounts. If you’re finding that your merchant A business that accepts credit cards for goods or services. cosmeceutical merchant accounts. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. All Nutraceutical Merchants welcome. Many retail and online merchants use a gateway and its integrated virtual terminal. Their consumption of calcium, Vitamin D, fish oil capsules, and supplements to keep joints moving without pain are at record levels. Allocate the amount of processing you want to send through each merchant account. How to accept credit card payments without a merchant account. This is true whether you sell digital goods online or physical items in-store. A start up mineral nutraceutical business needs the ability to accept payments for online sales. In The MediaA merchant account is a business account through a bank or merchant service provider that allows the business to accept payments from customers by credit and debit cards. Making it easier for customers to call you than contact their credit card company will help you lower your chargeback ratio. Your ID number won’t be available for public records and no one will be able to search it in local search engines. The accounts enable acceptance of payments from customers in the US and internationally. Online Payments | National Merchants. account fees are a little tough to chew with an average of up to. SMB Global: Best for international merchants. A gaming merchant account is a specific type of bank account that allows merchants to accept payments. Guaranteed CBD Merchant Accounts Approvals in 1 week. CBD Merchant Account; High Risk Merchant Account;. . The vaping industry has been propelled into a billion-dollar industry because of demand. Services. Suppose you’re considering a new. The nutraceutical industry, being classified as a high-risk business type, does not receive much support from traditional banks. Fortunately, there are still some merchant account companies that will take these type of businesses. After decades of processed foods and unhealthy habits, nutraceuticals and the plant-based food revolution is gaining traction, though many are wary of medicinal uses of some of these products for a variety of reasons. Resources; Have any Questions? Call us at (800) 621 - 4893; Are you an Agent? Get Started;. Accept debit & credit cards. Industries. Taking part in the growth of Internet sales of vitamins and supplements One portion of the U. The whole process can be completed in as little as 48 hours between application to processing payments. Live Chat, Phone & E-mail Support. That leaves your business without a way to take credit card payments, which usually means that your revenue stops. Get started right now by contacting us online or giving our merchant services specialists a call at 844-661-0725. in-person; 2. Businesses in high-risk industries like nutraceuticals may struggle to find affordable payment. Without a mer. As a result, credit card processing solutions can be challenging to find. Allied Payments works with various high-risk friendly banks and specialized payment processors. The Dun and Bradstreet Financial Stress Score and PAYDEX Score are available to pick up through D&B customer service or a third-party vendor. He also owns multiple businesses that accept credit card payments. Patent Pending “Transaction Routing” Technology, More than 250 Shopping Carts Integrated, “Quick Click” checkout pages, Fraud Scrubbing technology, Kount fraud scoring, Tokenization, Quickbooks integration, Mobile Payments, Email Invoicing, recurring billing and so much more. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure Merchant accounts accept credit cards, debit cards, and other common types of online payment options, and having the right one can make the transaction process reliable and smooth for your customers. An eCommerce Merchant Account is a special type of account that allows your online business to accept debit cards, and credit cards, for eCommerce Payment Processing on your e-commerce website. Vendors who primarily sell online nutraceuticals need to accept credit cards for their products . Stripe is a payment processing platform that allows you to accept credit cards, debit cards, and other forms of electronic payment. Canadian Merchant Account; Card Scheme; Cashless ATM Program; CBD; Chargeback Shield. Accept payments any way customers want to pay you. The demand. Seventy-three percent of people would leave a store if it didn’t offer a credit card terminal and they didn’t have cash on hand, according to Finder. Credit card companies charge payment processing fees for each ecommerce transaction. In a normal merchant account, funds will be sent to the merchant’s bank account in 24-48 hours, eliminating many of the holdbacks that happen so many times with PayPal. Fastest application process: Soar Payments. in-person; 2. 25. Sharon Kulyk. The Nutra payment processing emphasizes the need for a long-term, healthy merchant account. 5 billion by 2027. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. Typically, a merchant account is used for credit card processing and eCheck processing, but can be used for a variety of payment processing needs. With our high risk services, businesses can accept credit cards and other forms of payments for their products and services. Start accepting payments quickly and efficiently. View accounts individually or on a global basis. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. Over time, this is going to change as you mature with your business intact. The specific features you need from a gun-friendly payment processor depending on where you sell firearms. The customer service department of D&B will be aware which financial stress class you belong to. A merchant account is a specific type of bank account that allows merchants to accept payments. The Best Merchant Account Services. When a customer purchases a product using a credit card or other electronic payment method, a merchant account communicates with the card issuer, withdraws funds from the customer’s account, and credits the merchant. 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. How to Accept Credit Card Payments For Supplement Products & High-Risk Merchant Accounts In the supplement industry, accepting credit card payments is a must. Offshore Pro Group has established a specialist division dealing only with credit card merchant accounts for offshore merchants and companies: WorldMerchant. (Read card review) Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card. The merchant. Providing fast and easy merchant account applications to help businesses start accepting credit cards quickly. No caps on your processing volume. Boost sales from US shoppers up to 20% with ACH & echecks. As the technology is helping us more and more day by day this account is best for nutra business due to its portability as now you can. 650-699 Fair. services. Why is the Nutraceutical industry seen as a high risk for merchant accounts that accept credit cards? Payment processors often view the nutraceutical industry as high risk for several reasons. The last step is to select and set up payment terminals for your business. Zen Payments can help you get multiple merchant accounts, reducing the risk that you will be left without a way to accept payments. Square Merchant Services: Best for Startups. Card payments are the greatest source of your cash flow. Investing. That said, this will severely limit your ability to accept online. A start up mineral nutraceutical business needs the ability to accept payments for online sales. Phillip has researched and reviewed over 1,000 merchant services providers over the last 15 years. Unfortunately, this leaves nutraceutical business owners with a difficult time getting a merchant account to accept payments for supplements. Accept over 100 currencies in 196 countries; Rates starting at just 2. If. *Attention business owners processing credit cards online* Your current processor may kill your business… Millions of merchant accounts were shut down last year by our competitors… We have a solution so that you can worry less about payment issues, have stable merchant accounts, and make more money online. The credit card issuer will release the funds to the merchant acquiring bank, which will settle the funds to the merchant’s bank account. PCI Compliance. Weight Loss Programs. An appropriate label of contents is a must. . Here are the 4 best ways for your business to accept credit card payments in the modern world. An ACH merchant account allows businesses to receive. By partnering with Get Payment, nutraceutical business owners can access secure and efficient payment processing solutions that address the challenges associated with the. 6% plus 10 cents, while the fee for a high-risk account might be 2. Get the processing capacity you need to manage & grow your nutraceutical business. The phrase “nutraceutical” – a mix of “nutrition” and “pharmacy” – refers to any food or fortified food product intended to enhance a diet, prevent sickness, or preserve health. Though bad credit takes much. For most businesses, this is an acceptable tradeoff. Shark Processing is another reputable high-risk credit card processor that may be a great fit for your nutraceutical business. Mobile: A mobile merchant account is more portable and allows your company to accept nutraceutical payment through credit card face to face by attaching the swiping machine to your mobile or iPad. Accepting card payments with smooth efficiently is. High-risk payment processing, also known as high-risk merchant processing, is a specialized service designed to cater to businesses that operate in industries with elevated risks. Because your provider sets your American Express Rate—just like they do for the other card brands you accept. Donations and offline payments can be accepted through a merchant account using a hand-held credit card reader. After a merchant loses a merchant account, it is very difficult time for processors to approve another. Mortgages. Phillip has researched and reviewed over 1,000 merchant services providers over the last 15 years. Ideally, this type of nutraceutical merchant account utilizes the credit card machine or point of sale. A Nutraceutical Merchant Account allows business owners to accept credit card payments for the high risk nutraceutical industry. Unfortunately, many credit card processors do not want to work with nutraceuticals businesses. There are a lot of steps to setting up a business. Understanding how the business operates and is managed plays a big part in the decision-making of vape merchant account applications. Our dedicated team will guide you through the account setup process, ensuring a seamless onboarding experience. More likely than not, you want to accept credit card payments. Step 3: Set up payment terminals. This has left numerous organizer or. Any high-risk merchant that chooses a traditional payment processor is bound to hit a snag at some point. m. fees. To get a merchant account, one must submit an application with a merchant account provider. About the fact that the nutraceuticals industry has taken off, a few factors are impeding. First, the industry is. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. Square: Best overall. TouchSuite®’s high-risk payment programs make the process of accepting credit card payments simple. May 26, 2023. S. Info. It’s in their interest to ensure that you can continuously accept payments and succeed online. Decide where to receive your credit card payments. Built-in virtual terminal. Over time, this is going to change as you mature with your business intact. Helcim : Best All-in-One Platform. If you are looking forward to. 5. With access to scores of US and international banks, all payments are covered. Many people in this audience prefer to purchase their. As the technology is helping us more and more day by day this account is best for nutra business due to its portability as now you can not only use. If you want to start accepting credit card payments online, you need to set up at least one online payment channel. Way2pay. Live Chat, Phone & E-mail Support. Transaction not Permitted to Cardholder is a response code returned by a payment processor or issuer when a transaction is attempted with a credit or debit card flagged as restricted or blocked. The accounts enable acceptance of payments from customers in the US and overseas. To get a merchant account, one must submit an application with a merchant account provider. This is the perfect solution for a pop-up shop, trade show, or any. We are experts in the nutraceutical credit card processing industry. Luckily, it is possible to do without worries and hassle. In today’s business climate, it’s unfathomable to continue business without the ability to process credit and debit card payments. To get a merchant account, one must submit an application with a merchant account provider. Nutraceutical Merchant Accounts & PaymentsA retail nutraceutical merchant account is a type of supplements merchant account specifically designed to accept face-to-face payments from debits and credit cards. Experience Unmatched Payment Solutions. Like credit card processing in a retail environment, an Internet merchant account uses the same credit authorization process. The “high-risk” label can complicate obtaining a merchant account to accept credit card payments. 250-721-6173. Credit card processing for wholesale and retail businesses. Your customers will likely appreciate being able to use their credit cards especially for online payments. our expert team at First Card Payments will teach you how to accept credit card payments online as well as how to set up instant money transfers. Host Merchant Services: Best for large high-risk businesses. The application process was a pain and it took. Loans. 95%;Nutraceutical Merchant Accounts; Online Gaming Merchant Accounts; Online Pharmacy Merchant Accounts; Recurring Billing Merchant Accounts; Tech Support Merchant Accounts;. The Advantages of a High Risk Merchant Account for Nutraceutical Products For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. This is how you receive money if you’re ever paid by. Merchants can accept several payments, from bank cards to cryptocurrency, with a reliable ecommerce. PaymentCloud is the #1 provider for Nutra and supplement credit card processing because we can connect directly to the software and solutions that your business already uses. Adult industry merchant accounts help businesses to accept credit card or check payments online or in person. PRE-AUTHORZIED PAYMENT CONDITIONS AND AUTHORIZATION I herby authorize the YMCA-YWCA of Vancouver. PayDiverse is a nutraceutical payment processor that provides nutra merchants with premium high-risk nutraceutical merchant services, credit card processing & merchant approval. For internet pharmacies and online vitamin stores. While it is true that cannabis-related businesses have been treated unfairly, they are still able to get a merchant account. Merchants that are operating high-risk businesses online will also need to use the services of a payment gateway to accept bank card information from customers. Call us Toll Free (866) 509-7199. Ecommerce credit card processing has two parts. S. This type of account is essential to accept credit and debit card payments, and that is why nutraceutical merchants need to find another solution to open a merchant account. As consumers increasingly embrace dietary supplements, vitamins, and…Starting an online business that accepts credit cards is a huge goal for online merchants. You need a merchant account to be able to accept credit card payments but you’ve been turned down before. Here’s a closer look at the nutraceutical industry, as well as the high-risk merchant A business that accepts credit cards for goods or services. +208-806-2953. Secure, dependable payment gateway. 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. One of the riskiest is the nutraceutical industry, which affects most consumers on a daily basis. Many of your customers do not have cards or are maxed out on cards. Accept cards on your site in two powerful ways: Buyers can pay directly with a credit card by entering card details; Buyers can use a WAAVE account to facilitate repeat purchases and get rewards 2. until 6 p. all the signers to the account. Processing online credit card payments is the biggest hurdle to success. These features and techniques include: Fast settlements to merchants. A competitive payment processing fee for a standard retail small-business account might be 2. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and. We’ve put together a series of automated underwriting checks that will approve certain industry types in real time. A merchant account is what allows your business to process payments made by credit, debit, gift or rewards cards. Nutraceutical Merchant Account. services that are. Fees also vary by card type. If you’re a merchant who is constantly on the go or lacks a brick and mortar location, a mobile card reader allows you to accept credit cards anywhere. We do this so they don’t lose the ability to accept credit cards. International nutra. Easy Pay Direct has been amazing!Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. To get a merchant account, one must submit an application with a merchant account provider. We see cannabinoids and hemp products all over the internet. Membership & Recurring Billing. Once a card transaction is complete, the funds go to a merchant account. Bankcard Brokers · May 17, 2016 · · May 17, 2016 ·Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers;. Processing of all major credit card. Merchant account fees will vary between different payment processors for various reasons. To get a merchant account, one must submit an application with a merchant account provider. Integration Help. Get approved for a nootropic, supplement and nutraceutical merchant account. Our high risk payment gateway. Once a card transaction is complete, the funds go to a merchant account. Nutraceutical. Processors can freeze your merchant ID number and stop you from accepting any new card payments to your account. Nutraceutical industry is viewed as dangerous by most payment choices and consequently they don't accept direct payment to your organization. To facilitate online credit card processing, credit repair businesses require an e-commerce gateway and a merchant account. Los Angeles, CA (PRWEB) January 26, 2015 -- eMerchantBroker is proud to announce merchant account support for all businesses dealing in the nutraceuticals industry. Our MOTO merchant account allows users who operate call centers to create multiple virtual terminal users with payment gateway access. Since processing card payments over the phone can help boost your sales and ensure. Without a merchant account, you will not be able to accept payment via credit card or debit card. If you are finally looking forward to spreading your busin…Online Payments | National Merchants. Instead, they must notify their merchant. Our processing techniques and account features exist to ensure that merchants selling delta-8 THC and other cannabis products face minimal risks when it comes to processing credit or debit card payments. Most international banks offer competitive rates,. The Advantages of a High Risk Merchant Account for Nutraceutical Products For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. This could occur for various reasons, such as a suspected fraud attempt, a card that has been reported lost or stolen, or a card that has been blocked. Higher payment processing fees. MID KINGZ offers POS systems and terminals for your retail business. [3] Key In Information On Mobile Credit Card Processing App . Therefore, traditional payment processors classify these businesses as high risk based on criteria such as transaction size, industry, sales model. TailoredPay also works with both small and large businesses across multiple industries and sectors. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. e. The Dun and Bradstreet Financial Stress Score and PAYDEX Score are available to pick up through D&B customer service or a third-party vendor. This has left numerous organizer or business owners wondering what to do. The good news is that setting up an account with a processor or acquiring a bank to receive these payments isn’t difficult—the process typically takes a few days. Nutraceutical merchants often have trouble finding online credit card processing and a reliable nutraceutical merchant account, which seems ludicrous considering that nutraceutical industry, or “nutra” industry as a whole brings in a yearly revenue totaling $181. Contact a provider to get started directly or give us a call at 1-833-213-0511 to learn more. The. Accept all major cards and payment methods. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. Nutraceutical companies can often find it difficult to accept credit card payments due to the risk involved with their products. 4 billion as of 2015, and is estimated to reach $204. First, the industry is regulated. However, retailer accounts for accepting credit cards are also a concern for nutraceutical companies. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. The company’s products include ACH processing, an online payment gateway, merchant cash advance,. Most credit card processors. Without a mer. Let High Risk Solutions provide your business with the best merchant account services at the guaranteed lowest price!Offshore High Risk Merchant Accounts for Nutraceutical Products For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. Here's why. Nutraceutical companies can often find it difficult to accept credit card payments due to the risk involved with their products. About Us; Services. With a supplement and nutraceutical merchant account, accept credit cards online, in store or over the phone with next day funding. Get a secure Nutraceutical Merchant Account with QuadraPay. 9% + 30¢ online. Contact us by phone or live chat for faster service. echeckprocesssing. After convincing people to buy dietary supplements and herbal products online, nutraceutical merchant accounts rely heavily on front-end payment gateway technology when accepting credit and debit cards for their. Online sales began surging as soon as payment processors began approving card-not-present transactions. A merchant account is one part of an overall solution that makes it safer, easier and faster to get paid. A retail nutra merchant account allows your business to accept face-to-face credit and debit card payments via a credit card machine or point of sale system. If your business is considered to be in a high risk category, working with a specialized payment services company is recommended. Multiple Merchant Accounts. It is necessary for both online payments and in-person payments. To get a merchant account, one must submit an application with a merchant account provider. . The transaction process that occurs when a sale is made between a customer and a merchant involves a number of actions and steps taken by the previously mentioned players. 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. If you run a cash-only business, you can get away with not having a merchant account. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. For example, credit card numbers. Six common ways for accepting credit cards online include: Third-Party Apps & Extensions. Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. A high risk merchant account can provide you with the capability to create revenue utilizing your website or preferred eCommerce option. Over the years, Shark Processing has partnered with leading credit card issuers, such. Other fees can significantly affect the total costs of the merchant account. The continuity industry is classified as high risk because products sold are billed through a recurring business model. A nutraceutical merchant account is a specialized payment processing solution designed specifically for businesses operating within the nutraceutical industry. All of your merchant accounts are managed through a single login to the gateway. In certain situations, we can expedite the setup process in 1 business day. For example, a merchant account like Seamless Merchant offers more than 25 bank relationships, allowing businesses to accept credit card payments securely, quickly, and efficiently. We take your success seriously and are here to help you accept credit card payments to keep your revenue. The merchant account also includes an agreement between the payment processor and the retailer involved for settlement of the debit or credit card transaction. The most common merchant services companies are Square, Stripe, and Braintree. The nutraceutical industry, as a part of the high-risk payment processing landscape, faces distinct challenges in payment processing, merchant account acquisition, and regulatory compliance. Nutra Payments Offers Retail & High Risk Nutraceutical Merchant Accounts. TouchSuite ® Offers Efficient Merchant Services And Payment Processing For Your Nutraceutical Company. You may also opt to use a mobile card reader in order to start accepting credit card payments through a. 2. After a customer pays for a product or service via credit card, the processor deposits the funds into a merchant account. The U. That timeframe can vary based on your business and your credit history. Which cards you can accept, your chargeback rates, your merchant account limits, and other. To get a merchant account, one must submit an application with a merchant account provider. Without a merchant account, you will not be able to accept payment via credit card or debit card. Choose a service provider. picture identification. Compliance Support. You need a dependable high risk merchant account provider for your nutraceutical merchant account. When a customer purchases a product using a credit card or other electronic payment method, a merchant account communicates with the card issuer, withdraws funds from the customer’s account, and credits the merchant. There are two main reasons for this. . 95%;Some adult payment processors will set you up with an offshore merchant account. Mobile: A mobile merchant account is more portable and allows your company to accept nutraceutical payment through credit card face to face by attaching the swiping machine to your mobile or iPad. Without a merchant account, you will not be able to accept payment via credit card or debit card. One-time & Recurring. Echeck Debt Consolidation Merchant Accounts. Our highly skilled team has merchant accounts for businesses with processing volumes ranging from $20,000-$100,000,000 and up per month. This system. Offering the option to accept credit cards provides convenience to customers and maximizes sales potential. They also struggle to secure the financing they need to grow their business and cover costs. That is because these challenges also create increased risk for the banks and processors who would serve the industry. Vendors who primarily sell online nutraceuticals need to accept credit cards for their products . Nutraceutical Merchant Accounts; Online Gaming Merchant Accounts; Online Pharmacy Merchant Accounts; Recurring Billing Merchant Accounts; Tech Support Merchant Accounts;. As a global leader in providing references for nutraceutical businesses to obtain merchant account services, MerchantNegotiators. COVID-19 changed cash for good. A merchant account is a business bank account for accepting credit card payments. But the less-known fact is the banks do not allow credit card transactions for CBD purchases. Starts at $0/month for unlimited devices and locations. 5. We’ve put together a series of automated underwriting checks that will approve certain industry types in real time. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. With our nutraceutical payment processing, we make it easy to accept payments. The Advantages of a High Risk Merchant Account for Nutraceutic. And you most likely need to. Automated clearing house (ACH) is a network that moves money electronically between bank accounts in the United States. Payment terminals are the hardware, such as the credit card machine, that customers use to swipe or tap to pay for the transaction. Today, you have more options than just merchant accounts. With over 8000 dating sites worldwide, and more being added every day, competition is fierce. Of course, nearly everyone uses credit and debit card. In today’s business climate, it’s unfathomable to continue business without the ability to process credit and debit card payments. Multi-currency settlement. Without a merchant account, you will not be able to accept payment via credit card or debit card. Nutraceuticals encompass a broad set of dietary supplements, natural medicines, health supplements and health maintenance substances that are free from FDA regulations and are widely available over the counter. High Risk Payment Gateway. Easy Pay Direct Gateway. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. However, you may visit "Cookie. At Allied Payments, we have focused on providing businesses with specialized continuity merchant account services. Rates & Terms for Offshore Merchant Accounts. An ACH (Automated Clearing House) merchant account is a type of bank account that enables businesses to accept electronic payments from their customers through the ACH network. A high risk merchant account can provide you with the capability to create revenue utilizing your website or preferred eCommerce option. This type of credit card processing for nonprofits generally carries a transaction fee amounting to 2. Effective management of chargebacks protects your payment. They also struggle to secure the financing they need to grow their business and cover costs. The U. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. For more information, visit the PaymentCloud website or call (888) 506-7859. We offer a fee structure that is 25% less than the competition and we get those fee reductions for most of our high-risk nutraceutical merchant accounts. Nutraceutical businesses is a business that falls into the “high risk” category as assessed by processing banks. For Millennials, that percentage is even higher. PSPs let you accept a wide range of payment. Straightforward, simple set-up. First, the industry is regulated. (Included Description) Company Name Must Be Identified When a Customer Calls & when Sent to Voice Mail. Organizations that deal with a large number of transactions monthly are advised to avail of a merchant. If you want a successful high-risk merchant account application process, then you are going to need to know what to expect from the process. Without a merchant account, you will not be able to accept payment via credit card or debit card. Our merchant card accounts allow you to accept all major credit cards, including Visa, MasterCard, Discover and. A merchant account is a specific type of bank account that allows merchants to accept payments.