Merchant Account for HERBAL SUPPLEMENTS Nutraceuticals
Nutraceutical include herbal supplements, vitamins, and other pharmaceutical alternatives. This is a fast growing business and is projected to hit 700 billion dollars by 2027. Many people look to nutraceuticals as an alternative to medications and many of these products provide health benefits.
Nutraceuticals Offer Products Which Include:
- Vitamins and Herbal Supplements
- Weight Loss Products
- Skin Care
- Sexual Enhancement Products
- Male Enhancement Products
- Products to Increase Libido
As a business owner it is important to have the option for customers to shop online. Having a website with your products and having a merchant account and payment gateway allows your customers to buy your products online without having to leave their home
An online merchant account is needed in order to be able to process payments online. This type of account is a dedicated account reserved for credit card and debit card payments and allows online purchases to be completed since many of the transactions may be categorized as card not present/no signature.
Who issues a merchant account?
A merchant account is issued by a bank and many nutraceutical business may experience difficulty trying to obtain a merchant account. Many banks view these businesses as high risk due to chargebacks or even due to high volume of transactions. Some banks also view these businesses as high risk because it is an unregulated market.
Benefits of using a merchant account provider
When you choose a merchant account provider who specializes in high-risk businesses like nutraceuticals you can enjoy a lot of benefits as explained below.
- Recurring billing
With a startup or new business it is very important to keep your revenue flowing in order to establish a good turnover quickly. As herbal supplements are required to be taken on a daily basis, you can make use of the recurring billing option. When you opt for this facility, you can have on-time payments and you will be able to easily forecast your revenue.
- Easy application
A payment processing company or merchant account provider allows a business to apply for free and start accepting credit card and debit card payments in a short amount of time from when the business applied.
- Payment gateway
For your customers to buy your products from your Ecommerce website, you will need a shopping cart and a payment gateway. When you look for a merchant service provider, look for one who comes complete with a payment gateway as part of the package.
How to choose the best merchant service provider for your business?
With so many merchant service providers in the market, choosing the right one for your business can be very confusing. Once, you choose a provider that specializes in Nutraceuticals, look if they also have the following features.
- Free online application
- Provides free merchant account
- Free account set-up
- Set-up up your virtual terminal for free
- Free set-up of your payment gateway for your ecommerce transactions
- Should accept all major credit cards
- Deposit the funds from your merchant account directly into your bank account
- 24/7 customer support for queries and troubleshooting
Why Choose Us
- Customer Satisfaction- We make every effort to create a personal and caring experience and are available 24/7 throughout the entire process.
- We specialize in offering high risk credit card processing for your industry. We have been doing it for years and we offer the best deals for high risk merchants at the lowest rates
Along with outstanding technical support staff we provide reliable equipment and will have your business set up in a timely manner. With us, you are never stuck talking to a robot repeating yourself trying to get to an agent, you get to speak with a live person right away.
