Merchant Accounts, LLC. provides customized credit card merchant processing solutions for businesses that are in sales of selling vitamins and supplements including retail and e-commerce solutions. We have experience in serving standard-risk and high-risk merchants and will work with setting your business up with the right merchant account through our processing plans. Our goal is to make it convenient for your business when customers make purchases using all major credit cards such as Visa/MasterCard/Amex/Discover whether it is online or through a POS system for your retail establishment.
As an online merchant, you will have many features available to successfully receive payments. Our services offer many features such as email invoices, click to pay links and buttons, and recurring transactions and billing.
Many businesses that sell vitamins and supplements are considered nutraceutical businesses. Whether you are a retail store, e-commerce website, wholesaler, retailer, or distributor, a merchant account is needed for several reasons. These products have different guidelines under the U.S. Food and Drug Administration when being tested compared to pharmaceuticals. Many of these businesses sell the following products:
Because of this businesses need a merchant account because these businesses may be seen as high risk due to the FDA guidelines and chargeback ratios.
In addition to high chargebacks and FDA guidelines, banks find that businesses in the vitamin and supplement industry have seen chargebacks from many customers for reasons such as product description. Some businesses may feel that if they are able to get a merchant account, they will be stuck with high fees. However, despite being high-risk we have helped businesses like these get approved for high-risk merchant processing accounts.
While payment processors such as Square, Stripe, PayPal or other credit card merchant account services may be convenient, many of them do not work with high-risk merchants. For example, some high-risk merchants may experience being approved by PayPal at first, but shortly after they may find themselves with a frozen account and PayPal removing them from the platform without notice. However, this is where we can help and are the perfect solution when looking for a payment processor to work with your high-risk business. We have years’ experience working with high-risk industries and are committed to getting you approve for a merchant account so your business succeeds.
Fill out an application today and start the process. All you need to get started is a voided check and ID. Our friendly and knowledgeable staff are available and we guarantee rapid fast approval process.
