But Americans have started to invest in their health and the weight loss market is booming. 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. ePay Global need the following documents for nutraceuticals payment gateway with an application which will help the. 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. Secure and Reliable Payment Processing. The fact that there was $1-billion climb from 2015 indicates that this type of fraud isn’t going to disappear soon, especially with the surging popularity of online shopping. 75% per transaction). 5%, from 2016 to 2021. 2. Depending on the type of travel business, merchants can use a number of different types of equipment for payment acceptance. Overall, Electronic Merchant Systems scores a below-average 2. If a merchant has a high. Their consumption of calcium, Vitamin D, fish oil capsules, and supplements to keep joints moving without pain are at record levels. It’s undeniable that the nutraceutical market goes on growing at a rapid pace. Travel Merchant Account. Your merchant account receives funds and credits your. So, when a nutraceutical company applies to a bank for a merchant account to accept debit and credit transactions, it hits a wall. 0 billion by 2021 (up from $198. This has created a significant demand for online credit card sales and nutraceutical merchant account services. A nutraceutical product is an isolated or purified item that effectively fights chronic diseases or benefits a person physiologically. Since 1988, we have been helping business owners realize their full potential and grow their financial well-being. 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. After the devastation at Emanuel AME Church in Charleston, South Carolina last month, the President declared that he would make it more difficult to purchase firearms. government regulates nutraceutical businesses, which means these. Phillip has consulted businesses of all sizes from mom-and-pop shops processing $10K per month to enterprise level organizations processing in excess of $300MM annually. In the United States, about 75% of adults take some form of dietary supplement; 10 percent over the past 10 years, according to the Council for. Consumers are embracing holistic and natural forms of healthcare, which has led to explosive growth in vitamins, supplements and other. 28 billion in 2019, according to Grand View Research. Reliable cash flow plays an important role with regard to this industry so it’s critical to choose the right processor like emerchantbroker. As a high risk business, you’ll be unable to secure a standard account with the majority of acquirers, so you should look for a respectable payment processor specializing in the high risk industry to get approved for a high risk. Get a. Many patrons of online pharmacies are having trouble purchasing medication from cheap, international online pharmacies using credit cards. Despite a number of mass shooting incidents throughout the country, some gun companies are seeing business start to boom. 8% between 2017 and 2022. Depending on the business’ industry, the history of the business or its owner, these can affect a merchant requires a high-risk merchant account in order to operate. Banks and traditional. In honor of the 28 million small businesses in the United States, the Small Business Association (SBA) even started a National Small Business Week. 3. eMerchant Authority’s Online Gaming Merchant Options. You need a dependable high risk merchant account provider for your nutraceutical merchant account. A merchant account is a bank account that is specifically used for accepting customer payments, usually by credit card, debit card, or other electronic transfer. com is built on experience and has helped thousands of hard. 99% uptime, providing our clients the reliability required to operate their business merchant accounts without concern. Quick and Easy. It doesn’t mean that you have no options, you do, you just need to apply for a special bail bonds merchant account. We take a consultative approach to analyze your situation and determine the best options for your merchant account. Merchants with businesses that require high risk credit card. High Transaction Volume. EMB is recognized as one of the most experienced high risk providers in the industry. With affordable rates and great service, your herbal supplements business is in good hands. The Payment Experts. 28 billion in 2019, according to Grand View Research. The fact that there was $1-billion climb from 2015 indicates that this type of fraud isn’t going to disappear soon, especially with the surging popularity of online shopping. Unfortunately, same-day approvals do not exist for high risk businesses, due to the requirement that there be manual underwriting. It’s also free of monthly fees. audience that continues to be extremely health conscious is the baby boomers. The first step of the non-profit funding process begins with an online donation or purchase. Get started by applying for a Hungarian high risk merchant account today. EMB offers merchants end-to-end solutions for all businesses, including high-risk businesses that offer nutraceuticals, gaming, travel services, or telecom services. The Payment Experts. eMerchantBroker is excited that you’re interested in connecting your online business with us. However, the company doesn't publicly disclose much of its pricing. In some cases, it is a planned and intentional act of fraud, but in other cases it may be something like “ friendly fraud . com, ecommerce fraud has gone down 35% since 2016. Many patrons of online pharmacies are having trouble purchasing medication from cheap, international online pharmacies using credit cards. Nutraceuticals can bring in the big bucks, but finding a merchant account processor can be tough. Quick and Easy. Digitally sign and submit your application. Still there are many variables to consider in this new industry that interested parties must consider before making. Apply Now. 28 billion in 2019, according to Grand View Research. Finding a firearm friendly credit card processing service is becoming more difficult for gun shop and FFL dealers. 3. Quick and Easy See full list on emerchantbroker. Both the owners of painting businesses and independent painters may work with clients who would prefer paying them via credit cards. Next, you need to choose an MSP that can support your business goals. 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. In order to maintain a thriving business, debt collection merchants must provide electronic payments. Durango Merchant Services: Best for. EMB has an excellent reputation globally, helping merchants process face-to-face, online, and mobile payments safely and securely. What Do Numbers Show? According to pymnts. According to Zion Market Research, global dietary supplements market was valued at USD 132. eMerchant Authority helps companies to process their B2B transactions quickly and easily. Reliable cash flow plays an important role with regard to this industry so it’s critical to choose the right processor like emerchantbroker. While every business needs a business checking account, companies that accept payment by credit and debit cards must also have a particular kind of account that allows them to. Free application with no obligation. For example, if you process $20,000 or more a month, or if you have an average transaction amount of $500 or more, you risk more opportunities for higher chargeback ratios. " Text on screen: Select your "merchant services" account. Easy Pay Direct Gateway. Nutraceutical products are normally classified as high-risk. The application process takes only a few minutes. Today, more and more people are embracing holistic and natural forms of healthcare. This has created a huge demand for weight loss solutions that include weight loss supplements, healthy foods and drinks, and more. 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. Requesting and obtaining authorization for the sales transaction. This high tolerance for high-risk businesses is what sets us. The weight loss supplement industry in particular is on the rise. com we help high volume merchants by providing them access to our vast network of. EMB is the #1 provider of merchant accounts for the tobacco industry, getting online cigar and pipe merchants approved in as little as 24 hours with a 99% approval rating!. For this, your first stop should be with EMB. EMB has partnered with Shopify to meet your payment processing and merchant account needs. S. Chargebacks And Disputes When customers file a credit/debit card transaction dispute with their bank, this results. Domestic and international solutions with no contracts, low rates and next day funding. This high tolerance for high-risk businesses is what sets us. Integration Partnerships: EMB integrates with many merchant services partners, including payment service providers, such as Square, and shopping carts, such as WooCommerce, OpenCart, and BigCommerce. There’s nothing more frustrating for a business owner than not being able to accept payments from their customers. The SBA states that half of Americans work for, or own a small business. And many buyers are savvy, they know exactly what they want. Dharma’s monthly fee is $20 per month. I needed to switch to a high risk processor after my Shopify payments account was suspended, so I went with EMB. Taking part in the growth of Internet sales of vitamins and supplements One portion of the U. Free application with no obligation. PAYFASTO NUTRACEUTICALS PROCESSING DETAILS. About EMB . EMB + YOU. Cannabis and CBD Merchant Account Services. Then it deposits into your merchant account after approval and verification. Electronic Merchant Systems’ Surcharge Program* allows merchants to pass along a percentage and/or fixed amount on all credit card sales. S. 33408. EMB offers merchants in Hong Kong end-to-end services for all businesses, including high-risk businesses that offer nutraceuticals, gaming, travel services, or telecom services. Worldpay Review 2023: Pricing. You won’t have to worry about handling cash or trying to deposit it into your business bank account. You also get transparency with each cost and expense every step of the way. While this growth translates into more business for merchant service companies, finding a reliable payment solution remains a big hurdle for many marijuana operators. The Best Merchant Account Service Providers of 2023. Interchange-plus pricing. eMerchantBroker has also received 12 informal reviews from merchants, with 10 of them positive in tone and 2 which are negative in tone. EMB is recognized as one of the most experienced high risk providers in the industry. S. and international tourists spent $990. You can get your adult merchant account in as little as 48 hours. High risk nutraceutical merchant accounts are in high demand for payment processing. EMB isn't just your solution for a merchant account, we offer a wide range of business services, including business funding, chargeback protection and prevention, and enterprise consulting. Mobile credit card. One of the main reasons has to do with the higher rate of chargebacks and disputes. This is critical in maintaining the health of your merchant account and ensuring the longevity of your business. Published on May 27, 2014. The Federal Drug Administration, the entity in charge of food and drug regulation, does not. com, know that nutraceutical merchant accounts are hard to come by. EMB has partnered with hundred of businesses like yours to meet their unique payment processing and merchant account needs. 2. When a customer purchases something from Canada, or from your Canadian eCommerce or retail store, their credit card transaction processes through a payment gateway. We at SeamlessChex understand the challenges faced by online supplement businesses, for we excel in managing fraudulent charges and high chargeback rates. We serve almost all industries, including those that sell high-risk goods and services. Payment gateways. As payment systems break down walls, providing greater access to larger pools of merchants, cybercriminals find weaknesses and seize on opportunities to infiltrate. Choosing the right merchant account processing solution is a critical decision for businesses. 00: Interchange-Plus: Chase Payment Solutions: Merchant Account: $0. Nutraceutical Merchant account are for merchants that are supplying nutraceuticals, health products and dietary supplements to retailers. Dun & Bradstreet gathers Machinery, Equipment, and Supplies Merchant Wholesalers business information from trusted sources to help you understand company. The United States’ nutraceutical market has taken a major blow as inquiries led by legislators have revealed that many vitamins and nutraceutical companies are lying about what’s in their products. A merchant account for bad credit can, therefore, be opened for low and. Some examples of high risk merchant account providers include Durango Merchant Services, EMB, and High Risk Solutions. S. Without a merchant account, these businesses have no way to accept credit and debit card transactions. Chargeback protection. There has been a lot of controversy surrounding the supplement industry after news broke that, upon investigation, store-brand supplements at GNC, Target, Walgreens and Wal Mart do not include the ingredients they claim to contain. The United States’ nutraceutical market has taken a major blow as inquiries led by legislators have revealed that many vitamins and nutraceutical companies a. In this article, you will learn the only place you need to go to obtain a nutraceutical merchant account. It is projected to leap 20 percent by 2019, and reach $6. 00: Flat-Rate or Interchange-Plus: A Closer Look At 10 Best Small Business Credit Card Payment Processing Companies. sales@intl-payments. Same-day debits have been called “Phase 2” in NACHA’s faster-payments plan. It isn’t uncommon for an individual or a group of fraudsters to set up an account providing bogus services in a bid to gain access to the caller’s. More. Or Call: 800-993-6300. EMB is a pioneer in face-to-face and contactless payment processing in Hungary and worldwide that understands the complexities that come with accepting debit and credit card transactions. You should take your time to research well and find a reputable merchants services provider offering extended warranty merchant accounts that will best suit your business needs. What industries does. Some of these supplements. Not only do we have innovative payment systems, but as an EMS merchant services agent, you can allow your merchants to recover some of the costs associated with accepting credit cards. EMB merchants can use iCheck for electronic check processing that facilitates faster funding. Companies that offer pharmaceutical alternatives struggle to obtain nutraceutical merchant accounts because the industry still struggles to find. The Payment Experts. EMB serve? Our merchant account website serves a wide range of industries, including e-commerce, healthcare, nutraceuticals, collections, and more. It is the perfect time to start an online. 06 billion ). Our feature -rich processing platforms and proprietary software are specifically designed to improve efficiencies in the daily processing of all types. Online Gambling Merchant Account. Despite the fact that international drugs are 60 to 70 percent less expensive than drugs from the United States, Mastercard and Visa have formed an alliance with the Center for Safe Internet Pharmacies (CSIP) to stop the. The global dietary supplements industry was estimated at $123. This industry is not regulated like most products in the U. What is an Offshore Merchant Account. travel spending produced $248 billion in payroll income and $158 billion in federal, state, and local tax revenues. That's because Payment Service Providers (PSPs) offer these services, too. Despite the. Merchant services provider (MSP) — If you use a company to manage your debit and. The Best Merchant Account Services. ” Three words that roll off the tongue like pure magic! More and more people are selling and buying online or providing different service over the internet. A merchant can be classified as high risk for many reasons, ranging. Unlock your business potential with a merchant account designed for credit repair merchants. For instance, while there are other forms of nutraceuticals, some or many today consumers are likely to ask for fat-soluble nutraceutical supplements—unless they are after the vitamins in fat-soluble types like (B and C). After you apply, your merchant account will be pre-approved within 24 hours. S. A merchant account is a business account with an acquiring bank. A merchant account is a business account with an acquiring bank. With an eMerchantBroker CBD merchant account, you can accept credit and debit cards, ACH payments, checks, and payment gateway. To save yourself and your business a headache, you need to locate a high risk merchant account processor. Here’s how our reliable and specialized payment processing solutions can give your business the confidence to scale. If the target business operates in an industry with a history of high. A merchant account holds on to funds before they’re transferred to the merchant’s primary business bank account. The market for nutraceuticals, sometimes known as “nutra,” is expanding both domestically and internationally. Third is vaping and e-cigarettes. Like many other companies that are classified as “high risk” by lenders, nutraceutical companies have uphill battles when they seek nutraceutical company merchant accounts. Allow 3-5 business days for approval of US nutraceutical credit card processing accounts. Enjoy credit card processing solutions, a secure payment gateway, credit repair, a virtual terminal, etc. Documents to Obtain a TMF Merchant Account. Apply for a merchant account in Bulgaria today. We have a step by step proces to secure CBD Merchant Accounts. Learn More According to the Centers for Disease Control (CDC), over 33 percent of Americans are overweight. Create your Sales Team with our sub ISO agent program. It’s important to carefully research and compare different providers to find the one that best meets your business’s needs and budget. Dispute resolution. Our partner program rewards you with both short and long term capital that you can invest back into your business. You sell a service that does not show up on the door in one to two weeks. Nutraceutical Merchant Account. Pos Systems. A nutraceutical merchant account is the key that enables entrepreneurs and individuals to generate revenue through their own website or preferred. Payment gateways. Unless your business is illegal, you have a great chance of opening an account with Emerchantbroker, despite your industry or risk level. Home; About; Services; High Risk Merchant Account Menu Toggle. First, on the high risk merchant list is nutraceuticals. USA. With many customers getting a case of buyers remorse, unfortunately the tech support industry. Merchant Marketing Services can help your business grow by providing merchant services at competitive rates. Payment processing for high risk nutraceutical merchant accounts are in high demand. , a company that has gone through a series of branding changes since 1971. Unless your business is illegal, you have a great chance of opening an account with Emerchantbroker, despite your industry or risk level. The final step in your custom nutraceutical supplement business is to begin processing payments on your site. You can load multiple merchants into ONE gateway and it will automatically split your sales across those accounts. Helcim : Best All-in-One Platform. 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. Online tobacco merchant accounts . To get a merchant account, one must submit an application with a merchant account provider. Medical Service. Find the Best Payment Processing Solutions in the Field True professionals in the field will offer you advanced invoicing tools. TailoredPay also works with both small and large businesses across multiple industries and sectors. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. Learn More Card-not-present or CNP merchants know that chargebacks may cause frustration and cost them a lot. ”. After submitting the application, merchants will need to submit the following items to underwriters: A valid, government-issued ID, such as a state-issued driver’s license. Accept credit card payments online hassle-free. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy,. This is true whether you sell digital goods online or physical items in-store. So if it is a solution you need, eMerchantBroker is the place to be. Nutraceuticals are divided into three distinctive categories: functional food (probiotics, nuts, tomato products, yogurt), functional beverages (sports drinks), and dietary supplements (vitamins, minerals. 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. These banks are registered with specific card associations, like Visa, Mastercard, or American Express. #1 PaymentCloud Strong Reputation For Fast Approvals. To keep diseases, like high blood pressure, at bay and to maintain optimal wellness levels, consumer demands for supplements and nutraceuticals continues to rise. 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. Zen Payments is the go-to provider of merchant services for anyone in the nutraceutical or supplement industry. Currently the. Their consumption of calcium, Vitamin D, fish oil capsules, and supplements to keep joints moving without pain are at record levels. Accept Payments Today. Processing just got a little bit faster. High risk merchants in France often rely on offshore merchant account providers for credit card processing because local and domestic French banks turn them down. If you run a cash-only business, you can get away with not having a merchant account. The application process takes only a few minutes. Some brands – some major store b. Choose your Industry. Learn More High Risk Nutraceutical Merchant Accounts. Due to it’s online presence, especially on social media and television, men and women alike are more likely to purchase their health and beauty products and services via websites and over the phone. Specializes in. 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. The merchant payment landscape in the US is undergoing rapid technology-driven changes. Multiple Underwriting Banks - If one bank decides to stop underwriting you and refuses to accept transactions, you want to have others that can take over without interrupting your ability to take payments online. The demand. 15% + $0. S. The COVID-19 pandemic has hit many industries in profound ways. EMB has partnered with Shopify to meet your payment processing and merchant account needs. Merchant Service Providers. As the demand for NMN products continues to escalate, nutraceutical businesses must equip themselves with reliable merchant account processing systems to efficiently manage the growing demand for. For businesses that are deemed to be high risk for a variety of reasons, such as. We approve 95% of applicants! I agree to EMB’s Terms & Conditions Get started We provide reliable solutions for supplement merchants EMB isn't just your solution for a merchant account, we offer a wide range of business services, including business funding, chargeback protection and prevention, and enterprise consulting. 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. EMB has partnered with hundred of businesses like yours to meet their unique payment processing and merchant account needs. + 0. Clover: Best for POS. 9 Best Merchant Services of November 2023. Everything you need to get your air travel business ready for take off can be found in one place when you rely on our merchant account experts. Electronic Merchant Systems is best for small to mid-sized merchants for low and high-risk payment processing. com. The merchant services need to protect themselves, without. And with tons of supplements flooding the market every day, small businesses that sell supplements are reaping larger profits than even business analysts expected. Though there are many different avenues of magazine sales, one thing is constant: You need a merchant account. In 2020 It Reported $17. Learn More E cigs provide many of the same effects of nicotine without creating smoke, rather emitting water vapor. It provides a list of accounts, labeled: "Merchant services," "Banking," and "Personal. Navigating these complexities requires a strategic approach, a commitment to quality, and partnerships with specialized high-risk payment processors. Register your business. 3 billion by 2022. We provide agents their own high risk payment gateway with the ability to upsell and keep 100% of profits. Clover POS is used by companies with any number of employees, which could range from 10 to 50 employees and revenue of. In the digital age, one thing has become so common on the tongues of most merchants is “making money online. 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. Protect your nutraceutical business from exorbitant bank holds and reserves. TranZlytics also offers advanced real-time reporting for faster and better use of CRM data. It’s safe to say the supplement industry is booming. This law grants the FDA adequate legal authority and enforcement capabilities to safeguard consumers, yet allowing them the freedom to access a wide range of inexpensive, high quality, and secure dietary supplement products. Their services have expanded beyond offering merchant accounts. Firearms Merchant Account and Firearm Merchant Services. U. There are several factors that can differentiate between a high and low-risk merchant account. They can process checks, credit and debit cards, and online and mobile payments, including payments from apps such as Google Wallet. It is highly important to look for a reputable processor in the field when choosing payment processing solutions for painting services. 3. We have solutions that work for all types of businesses. See Full List of Supported High Risk Industries. Atlantech provides the best Merchant Accounts for Nutraceutical. Many people in this audience prefer to purchase their supplements online via. 232 likes · 1 talking about this · 1 was here. Because this industry is one that brings in billions of dollars each year, it is critical that you solidify your place by having the right payment processing services in place. com, the nation’s #1 high risk payment processor. 7 billion by 2027, according to a new report by Grand View Research Inc. No credit card required . This has led to explosive growth in vitamins, supplements and other products that are intended to help improve people’s health without drugs or surgery. Excessive chargebacks are a prime reason why merchants are denied payment processing services. In fact, these supplements included potential allergens that were not listed on the packaging. Without a merchant account, these businesses have no way to accept credit and debit card transactions. Without this business account, which actually works more like a line of credit, a. Accounting for over $60billion in annual revenue, the nutraceutical market is expected to surpass $100billion by 2024. This is why when you partner with us you also enjoy transparent pricing with no long-term contracts or hidden fees. Third is vaping and e-cigarettes. This includes online and in-person credit card transactions, ACH transfers, QR code payments, and cryptocurrency. Local custom apparel shop. EMB isn't just your solution for a merchant account, we offer a wide range of business services, including business funding, chargeback protection and prevention, and enterprise consulting. Industries -. 4949 or get started here . According to a recent survey of 600 U. The Best Payment Gateways of 2023. TailoredPay also works with both small and large businesses across multiple industries and sectors. by debit or credit card. This can be done by phone, email, or in person. In the payments industry, merchants are classified as high risk or low risk. Finding a merchant account for your nutraceutical business can be a challenge. Our EBT merchant services program is designed to make growing your business easier by opening your doors to customers paying with EBT cards. The Payment Experts. A merchant account is a specific type of bank account that allows merchants to accept payments. High-risk merchant account fees are the fees charged by the provider in order to offer you the merchant account service. Business consultants are absolutely reliable. Call us at (800) 621 - 4893. It is highly important to look for a reputable processor in the field when choosing payment processing solutions for painting services. Here are some of the most common ones: Adult entertainment Merchant Account Services. And bad credit can be a potential hindrance to almost everyone who wishes to achieve or acquire something like a bank loan or a merchant account. Nutraceuticals are defined as food products or dietary supplements that provide additional health benefits beyond those that would be obtained from a normal diet. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. B2B payment processing is one of the main frustrations for those involved in B2B industries. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them securely. 06 billion (2018) to $49. 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. 98% approval rates for high risk credit card processing. Our team of experts have a strong reputation of providing industry-specific support for low-risk industries: Apparel. Debt buying or collecting companies based in New Jersey or out-of-state merchants that want to work with clients within the Garden State should consult attorneys to determine whether they need licenses to operate. SeamlessChex can set your business up with a nutraceutical merchant account you can trust. With regulations on payment processing getting more strict, you will need a solution you can rely on. A merchant servicer has many ways of protecting themselves. The United States has the largest number of nutraceutical. Once the account is approved, your merchant identification number (MID) is assigned. we provide Nutra merchants with the best premium high-risk nutraceutical merchant services, credit card processing, and merchant approval. S. EMB is recognized as one of the most experienced high risk providers in the industry. Learn MoreAccording to the Centers for Disease Control (CDC), over 33 percent of Americans are overweight. Taking part in the growth of Internet sales of vitamins and supplements One portion of the U. S. When it comes to payment processing, security is paramount. The Allied Payments Agent Program difference. Payment methods that can be used include credit cards, debit cards, ACH/eCheck, or gift cards. The main drivers of this growing demand include increasing health concerns as well as changes in dietary lifestyles. The responsibility for revokes and returns is borne by the electronic check processor. Easy Pay Direct Gateway. In 2020 It Reported $17. Unfortunately, many credit card processors do not want to work with nutraceuticals businesses. These merchant services are at the top of our list based on overall cost, terms, customer support and integrations. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the region. Learn MoreYou need a dependable high risk merchant account provider for your nutraceutical merchant account. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. Nutraceuticals are divided into three categories: dietary supplements (vitamins, minerals, fatty acids, in the form of tablets and capsules), functional food (probiotics, nuts, tomato products, yogurt), and. S. Documents. Having a merchant account allows an account holder to take advantage of merchant cash advances. 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. S. Settlements are deposited to your business bank account by the echeck payment processor via an ACH credit, in a similar. The global dietary supplements industry was estimated at $123. The reason is that there is a growing interest in health and wellness, and the demand for dietary supplements is increasing rapidly. AP Holdco LLC. At eMerchantBroker. We look forward to working with you! Apply Online Today. You can further break down this definition into the following points: How merchant services work: The behind-the-scenes processes that are required for a business to take and accept a payment. A product is classified as a nutraceutical product if it is isolated or purified, and can positively affect physiology or battle chronic diseases. we provide Nutra merchants with the best premium high-risk nutraceutical merchant services, credit card processing, and merchant approval. Nutraceuticals can bring in the big bucks, but finding a merchant account processor can be tough. Payment Depot: Best for High Transaction Volume. It is often a bank or other financial institution that is a licensed member of a card issuer such as Visa or MasterCard. Your customers will likely appreciate being able to use their credit cards especially for online payments.