Nutraceutical Merchant Account Solutions - eMerchant Authority Merchant Accounts For Your Nutraceutical Company eMerchant Authority helps protect, and service, your. Merchant Stronghold have its Head quartered in Clearwater, Florida. Domestic & International Nutraceutical Merchant Accounts. Offshore bank accounts offer benefits such as lower taxes, increased privacy, and expanded global reach. Offshore merchant accounts have fewer limitations and can be an excellent option for extremely high-risk businesses that might not have access to credit card payment processing otherwise. We provide merchant accounts for all types of nutra industry businesses, but specialize in merchant accounts for businesses that are considered “high risk,” or hard-to-place. audience that continues to be extremely health conscious is the baby boomers. is western Canada's most innovative and resourceful commercial diving, personnel and R. Here are some tips on how nutraceutical merchants acquire the payment processing needed to power business growth. Complete our secure online application and. 28 billion in 2019, according to Grand View Research. Costs associated with processing ACH transactions are considerably lower than standard processing of credit and debit cards. Offshore accounts are a completely legal method for managing money in a more profitable sense. This. Alternative medicine & food has become necessity in the modern world. The main drivers of this growing demand include increasing health concerns as well as changes in dietary lifestyles. Share. We offer support to companies who need an online gaming merchant account for a sustainable business. Comprehensive Merchant Account Solutions for Nutraceutical Businesses. Merchant Quarters focuses on beautiful and functional goods produced by socially responsible vendors with mindful and fair trade philosophies, and carries larger brands,. Canadian Merchant Account;Merchant accounts for nutraceuticals have been effective because of the different online payments supported. Some merchant account providers specialize in high-risk merchant account but charge the higher fee for certain accounts. Fantasy Sports. The domestic merchant account services company pairs your business with one of the providers that is the most suitable for your business. Merchant Stronghold specializes in high risk and offshore merchant accounts. Credit Repair. Apply Now. High Transaction Volume. OFFSHORE MERCHANT ACCOUNT; CHECKOUT; DIGITAL PRODUCTS; Business Opportunity; Crypto; Shopify; FTC; CHARGEBACK FRAUD;. Unless you are a 100% cash business, you need one of these accounts. Apply today. At PayDiverse, we understand the inner workings of the supplement industry and have worked hard to provide an appealing range of benefits to diet and supplement merchants that provide secure processing, chargeback protection, and fraud prevention. Having built a network of acquiring banks that work with high risk industries, Instabill offers affordable nutraceutical merchant accounts. Instabill, International Bank Services (IBS), Quadrapay, Leap payments are a few popular High Risk Merchant account processors offering Nutraceutical and Supplement. Authorize. In e-commerce, a shopping cart is a software application that allows customers to select and purchase products or services from an online store. It also encompasses intangible goods such as subscription accounts that give clients. 20+ Proven Bank Relationships; Medium/High Risk Accounts; Fast Nutraceutical Account Approval; Large Merchant Case Studies;. Durango Merchant Services: Best for highest-risk businesses. A credit card processing company needs a minimum of $50,000 capital on average. These payments include but are not limited to, credit card or debit card transactions, ACH payments, and e-checks. com can provide an offshore merchant account for nutraceutical sellers and online pharmacies that do not sell illegal services, do not use. Give us a call now to began accepting credit cards. Fantasy Sports. Moonlight Payments Overview. High risk merchants start processing and before they know it, the bank terminates them. Nutraceutical businesses can be very profitable. Merchant service partners get 15% up to 50% of recurring revenue based on your successful referrals. These supplements have experienced problems due to their use as a muscle-building steroids. Complete Merchant Services for Psychics, Fortune Tellers and Horoscope Readers. You can call us on our toll free number 702-456-1116 or write to us at info@y8n. Or Call: 800-993-6300. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. S. One of the riskiest is the nutraceutical industry, which affects most consumers on a daily basis. New broker business echeck accounts are easily approved and set up. It enables the business to accept payments via their website as well as other payment systems. Performance Card Service (PCS) specializes in high risk merchant accounts and other payment processing solutions. SeamlessChex can set your business up with a nutraceutical merchant account you can trust. 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. Merchants that process high transaction volumes or transaction amounts may be subject to a high-risk merchant account. You sell a service that does not show up on the door in one to two weeks. With these requirements in mind, businesses can qualify for a nutraceutical merchant account more quickly by working closely with their payment processor. Here are some of the key benefits of using a Shopify merchant account: Simplicity: Shopify Pay eliminates the need to set up and integrate a separate payment gateway, making it easy to start accepting payments. Fantasy Sports. Processing payments through acquiring banks in the regions where your customers live gives. High-risk merchant accounts offer global payment acceptance, allowing businesses to process transactions from customers located in different countries. Diversify payment processing accounts. Offshore merchant accounts have fewer limitations and can be an excellent option for extremely high-risk businesses that might not have access to credit card payment processing otherwise. DOMESTIC MERCHANT ACCOUNT; SPY MERCHANTS;. Nutraceutical companies offer a lot to their consumer base, which includes anyone looking to improve their health or beauty—so, everyone. 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. 2 – Instabill . Reason #1: You’re a “High Risk” Business. The bank assigns this number when a business applies for a merchant account with the processing service. It provides credit card processing services for businesses of all sizes. High Volume Merchants; Software and E-Book Merchants; Electronic Cigarettes. Great option for merchants targeting international markets. No Application or. merchant solution. merchant solution. For more than 20 years, we have helped brick-and-mortar and online psychics, fortune tellers and horoscope readers implement payment. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy, seamless. A merchant account is a specific type of bank account that allows merchants to accept payments. net;. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. The agent gets commission for the time the merchant processed transactions, and the merchant is left trying to get their funds released and find a new home for their new joins and legacy rebills. This is because domestic banks need to do more due diligence on high-risk merchants in order to assess their risk level. Inhaling the scents of oils, such as chamomile, lavender, bergamot, and. The agent gets commission for the time the merchant processed transactions, and the merchant is left trying to get their funds released and find a new home for their new joins and legacy rebills. Chargebacks occur when a customer disputes a transaction with their credit card company, leading to a refund. These methods allow for automatic acceptance of legitimate orders, and provide the opportunity for manual review prior to accepting suspect orders. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. Yes. Supported industries: Adult services, CBD, online dating, vape sales. In e-commerce, a shopping cart is a software application that allows customers to select and purchase products or services from an online store. Apply for a High Risk Nutraceuticals Account. Performance Card Service (PCS) is a leading provider of offshore merchant accounts for companies that have difficulty qualifying for domestic credit card processing. com. As many businesses do, Nutraceutical Merchants may deal with high charge back ratios and Patriot Bankcard can connect you with offshore acquiring banks that have fewer trading restrictions and can provide you with a nutraceutical. Applying for a high-risk merchant account with PayDiverse is a simple 3-step process: Complete our secure, online application form. 98% approval rates for high risk credit card processing. Diversify your nutraceutical merchant accounts to mitigate risk. Accept payments any way customers want to pay you. If you have a Point of Sale (POS) terminal at your “brick and mortar” location, you’d be told to process payments through your POS terminal, using the “Print and Call” option where customers can call you with their credit. Talk to one of our friendly and knowledgeable accounts managers today to get a credit card processing solution that will help propel your MLM business to the next level of growth. Bank transfers are the safest online payment method available for travel merchants and your customers. Contact Us. Merchant service partners get 15% up to 50% of recurring revenue based on your successful referrals. Excellent processing solutions for high volume merchants. While traditional banks view companies in this sector as high risk, with a nutraceutical. Digitally sign and submit your application. High Risk Business High Risk Business Merchant High Risk Merchants Online Payment Services Online Processing Payment Gateway IntegrationInternational Bank ServicesNUTRACEUTICAL & SUPPLEMENT MERCHANT ACCOUNT SOLUTIONS. A subsidiary of Visa, Authorize. US accounts take 3-7 days for approval. Customer Service. But why would banks avoid my business when the industry is. eMerchantBroker has also received 12 informal reviews from merchants, with 10 of them positive in tone and 2 which are negative in tone. And increase sales. Today’s most common method involves swiping a debit or credit card at a merchant location. The bank-to-bank transfers direct payment platform was created specifically for high risk ecommerce businesses including travel merchants. Those selling subscriptions or nutraceuticals are especially vulnerable. The MATCH list, also called the Terminated Merchant File (TMF), is a database containing a list of merchants whose payment processing accounts have been revoked by other payment processors and acquirers. Here are some of the key benefits of using a Shopify merchant account: Simplicity: Shopify Pay eliminates the need to set up and integrate a separate payment gateway, making it easy to start accepting payments. With an emphasis on personal attention and customized solutions for “bricks-and-clicks” companies (i. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. Our proprietary echeck payment platform is operated 100% by the firm. Businesses that have a more than 3% chargeback ratio can have their merchant accounts terminated by credit card processors. It serves as a list of blacklisted merchants and prevents them from opening a new merchant account from a different credit card processor than their previous institution. Online casinos are one example of a high risk business. Tip: The above factors would require nutraceutical companies to have a higher minimum security deposit for their merchant accounts. Are you looking for a Merchant Account to process payments for your online nutraceutical business? Merchant accounts for Nutraceutical businesses are not easy to get. An offshore or international processing account is one that’s held by a bank that’s outside of the U. 3 billion in 2022, and is expected to grow at a CAGR of 8. With high risk merchant accounts, the bank may use risk management strategies like a rolling reserve, to protect the bank and the merchant from potential losses. Forex credit card processing accounts give you the ability to accept debit and credit cards from. The funds move expediently through the ACH Network, with the funds deposited into the receiving bank account within a few business days. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. There are a few merchant account providers that have a success rate of more than 90% when it comes to a new merchant account for High-Risk businesses. Due to frequent comparisons to nutraceutical companies, owners of cosmeceutical businesses need to be vigilant. As many businesses do, Nutraceutical Merchants may deal with high charge back ratios and Patriot Bankcard can connect you with offshore acquiring banks that have fewer trading restrictions and can provide you with a nutraceutical. Find the healthiest merchant account option today for your nutraceutical business. Retail. Nutraceutical products are increasingly becoming more and more popular all over the world. Offshore merchant accounts are much less strict than their. Learn more about our solutions for Nutra merchants. ACH Network transactions are fully electronic and governed by rules by NACHA and the Federal Reserve. sa[email protected] MasterCard SecureCode is a 3D Secure program adopted by MasterCard for the security of its customers. It is a virtual representation of a physical shopping cart, where customers can add products they want to buy and keep track of their order before checkout. Address the needs of nearly every industry, thanks to our comprehensive array of merchant transaction. Decrease expense. We partner with 24 acquiring banks domestically and offshore, including UK and Europe, to settle your. The merchant account is a financial product that allows businesses to be tied into the Visa, MasterCard, Discover, and American Express networks. For some it is, but for the majority of business owners. These programs are very effective at assisting high risk merchant account holders to manage and prevent charge backs before they happen. sector as far as merchant A business that accepts credit cards for goods or services. These result in chargeback reported under ‘Not as Described’. From products that improve joint health to those that boost intestinal health, the global nutraceutical industry provides countless ways for people to stay nourished and healthy. Apply Now. S. The high risk merchant account also has built in fraud checks, and almost instantly identifies if a customer account has been identified as attempting fraud on other sites. Pos Systems. Just ask us for the details. TranZlytics offers high risk merchants a Gateway and HUB built from the ground up for high-risk and CNP merchants. Offshore High Risk Merchant Account Providers. Travel Merchant Account. supply company. Depending on the type of travel business, merchants can use a number of different types of equipment for payment. Accept debit & credit cards. The eMerchant Authority team will handle the onboarding process for the referred merchants—no need to follow up on your end. high risk credit card services, credit card processing and merchant accounts visa, master card, american express, discover, continuity credit card processing for herbal companies, diet pills, kratom, weightloss, sexual enhancement, hemp. An offshore merchant account is a type of bank account specifically designed for businesses outside their home country. This happened because the DEA in 2017 listed kratom as a “Drug of Concern” and most financial services companies cut ties with these businesses. 3 Strategic solutions for merchants operating one merchant account. With multiple merchant accounts, e-commerce businesses can lower risk. According to Grand View Research, peptide sales are expected to peak at 48. 95%; Settle your profit in any of the 25 available currencies; Secure data transfers with PCI Compliance; Reduce declined payments with Fraud Scrub technology; Track your transactions with a robust. Benefits of Accepting Crypto for High-Risk Merchants. Many high-risk payment processors require a merchant account reserve. Merchant account fees will vary between different payment processors for various reasons. Increase orders. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. A high risk merchant account is a contract between a merchant and a bank. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. We at SeamlessChex understand the challenges faced by online supplement businesses, for we excel in managing fraudulent charges and high chargeback rates. ACH Payment Processing is a service of the Automated Clearing House (ACH) network. Collection Agencies. See Full List of Supported High Risk Industries Our online gambling merchant account fees are industry-competitive and affordable, and the application process is free. This is because domestic banks need to do more due diligence on high-risk merchants in order to assess their risk level. Access to new, emerging markets: With an offshore merchant account, an e-commerce merchant, for example, in the U. When shopping for a new merchant account, most merchants question the discount rate. Merchants all over the world have started embracing the payment options supported. Multiple merchant accounts are easily managed through a single dashboard. 06 billion ). The responsibility for revokes and returns is borne by the electronic check processor. In some cases, it is a planned and intentional act of fraud, but in other cases it may be something like “ friendly fraud . Advanced Subsea Services Ltd. Seminar Merchant Accounts Herbal Products and Nutraceutical Merchant Account Merchant. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. High volume merchant accounts are available domestically and internationally. Best for online and international sellers: Durango Merchant Services. Corepay: Best For Mail Order/Telephone Order Businesses. But, understandably, they make. For more on European merchant accounts, how they work, what benefits they have over domestic merchant processing, or any other specific query you have, it is advisable that you give our staff a chance to interact with you. The technology in place within these adult merchant accounts ensures that fraudulent activities and chargebacks are kept to a bare minimum. The continuity industry is classified as high risk because products sold are billed through a recurring business model. 888-5-PAYNET; [email protected] offshore merchant account refers to a processing account held by a business with an acquiring bank located in a different country. With an offshore merchant account, it’s easier to process credit card payments under major companies like Mastercard and Visa. Contact info@paynetsecure. Businesses are often prohibited from accepting payments and processing transactions by underwriting banks. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. Offshore merchant accounts are suitable for “High-risk” corporates and businesses that: Operates business internationally, Mainly deals with online transactions, Have offices located in different countries, Deals with high-risk commodities like pharmaceuticals, nutraceuticals, skincare products, tobacco, etc. Paynet Secure has over 25 banks located within our network and. For a full list of references about offshore merchant accounts, please refer to this article here. S. As a result of these advanced security measures, banks can trust adult toy vendors and give them a long-term payment processing solution. An offshore merchant account refers to a processing account held by a business with an acquiring bank located in a different country. Payment processing for online gaming merchants. Great for all CBD merchants including ecommerce, wholesale, distributors, manufacturers and retail. Allied. The reason is that more and more people are looking into natural cures for their ailments. Finding a merchant account for your nutraceutical business can be a challenge. 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. Possible tax breaks: Many high-risk businesses opt for offshore merchant accounts because of less tax restrictions in other countries. That means more risk, to your business and to. Further projections have the U. So, what does it really mean to be. International Payment Methods. They offer point-of-sale solutions, online marketing tools, an online payment gateway, and virtual terminal services. This means that applying without an expert to help you dramatically decreases your chances of ever getting approved. Adult Merchant Accounts; Affiliate Marketing Merchant Accounts; Binary Option/ Forex Merchant Account Bitcoin Merchant Accounts; CBD Merchant Accounts; Continuity Merchant Accounts; Crypto Payments for High-Risk Merchants; Diet Programs & Weight Loss Supplements Merchant AccountsForex echeck processing solves your brokerage’s card payment processing problems. Offshore e-Check/Credit Card Processing. This implies the. Recently we blogged. You simply submit an application along with supporting documents. FREE Account Set-Up. Flexible underwriting guidelines with high approval rates. It allows merchants to accept and process payments in foreign currencies, typically through online transactions. Your financials will also be under investigation, along with your. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. Global nutraceuticals market size is expected to reach $302,306 million by 2022 making it one of the fastest growing industries. This feature opens up new markets and expands the customer base, driving sales growth for nutraceutical merchants. 8% between 2017 and 2022. Nutraceutical merchants often have customers from around the world. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. To be approved for a merchant. SMB Global: Best for Ultra High-Risk Merchants. Different payment processors will accept different types of merchants, so. The virtual terminal connects to the banking network through a Level PCI-DSS compliant MOTO payment gateway, the highest level of security available. According to a recent article, topical treatments like creams and peels account for the majority of cosmeceuticals at about 30% of the market. S. Businesses like these cause the merchant account provider to take on more risk and are often charged more in processing fees as a result. A continuity subscription merchant follows a billing model that collects monthly payments for goods or services they provide. Get Started Today! What is a Nutraceutical Merchant Account? Any business that accepts card-based payments must have a merchant account, which is a dedicated bank. In the U. Without a merchant account, you will not be able to accept payment via credit card or debit card. The main drivers of this growing demand include increasing health concerns as well as changes in dietary lifestyles. And the remainder of the supporting documents are examined. Setting up an offshore corporation is fast & inexpensive. Application for an offshore merchant account is always free, with no obligation. Payments are like cash so there is no risk of fraudulent transactions or. Complete Merchant Services for Psychics, Fortune Tellers and Horoscope Readers. We currently process payments for companies doing from $10,000/month to over $60 million/month. Domestic and international solutions with no contracts, low rates and next day funding. You will be contacted within one business day . Unfortunately, this high projection still does not ease the process of being approved for peptide merchant account services from banks. Call: 03 8592 0511 Call: +44 20 3670 1774 Given there are a lot of rules in the credit card processing industry these days, it may become difficult for legitimate nutraceutical and pharmaceutical sales companies to secure a functioning merchant account. FintechMerchantAccounts works with nutra merchants understand how tough it can be for Nutra business owners like you to get approved for. Businesses in this category often rely on solutions that can be time-consuming and expensive — especially when dealing with large volume transactions. This is because of the customer base that increases with the increase in a number of online payment methods brought about by this account. Nutraceutical merchant accounts are the ideal solution for online nutrient, dietary supplement, and herbal product manufacturers and retailers looking to grow their business and put the pains of finding high volume processing capacity behind them. Some storefront and MOTO businesses use payment. Those with legitimate pharmacy licenses can ensure a smooth process in securing a merchant. Get the processing capacity you need to manage & grow your nutraceutical business. , banks often refuse to work with merchants that carry a higher risk, and those who are able to obtain accounts are sometimes subject to low processing limits, which can be detrimental to their business’s sales. Integration: As merchants familiarize themselves with their new online gambling payment processing services, the payment processor will begin providing instructions on integrating their payment gateway into the merchant website or app. Unfortunately, if you’re on the TMF or MATCH list, you may have difficulties getting a merchant account from other providers as processors. cosmeceutical merchant accounts. We also have. ACH as a payment method is growing in popularity among merchants in most businesses using check processing services. We currently process payments for companies doing from $10,000/month to over $60 million/month. Here are some of the reasons nutraceuticals are considered to be high risk A merchant that is considered a high risk based upon the credit, product. It can be challenging to navigate the payment processing restrictions that apply to nutraceuticals. Every merchant has a different ID number, much like every individual has their tax ID number. Nutraceutical. With these requirements in mind, businesses can qualify for a nutraceutical merchant account more quickly by working closely with their payment processor. Offshore Merchants can provide your business with a high risk merchant account to accept Visa and MasterCard. e. $35/month. Nutraceutical businesses can be very profitable. Fantasy Sports. The recurring payment processing model is a common billing method businesses use by merchants in various industries. Our solutions are unable to be obtained anywhere else! Forget paying 11-12% when doing large volume. High-risk industries such as online. Your financials will also be under investigation, along with your. Multiple Payment Methods. Features of ePay Global Payment Gateway Costa rica . Features of High-Risk eCheck Merchant Account. dba Allied Payments. See Full List of Supported High Risk Industries. With these criteria in mind, let’s look at our top seven high-risk merchant account providers: PaymentCloud: Best For Free Credit Card Terminal. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. The most common reason for a high-risk classification is chargebacks. Since popular payment systems such as PayPal don’t work with merchants labeled as “ high-risk merchants,” you might find it very hard to pick a company that caters to high. Nutraceutical businesses can enjoy fast approvals, low processing fees, and reliable. comGet Started Today. E-check is one of the fastest growing payment methods today among both merchants and customers. Finding a knowledgeable payment processor is better to help your nutraceutical merchant account get through all legal actions. Tech Support. Cheaper than card processing: A typical card transaction will cost a merchant around 3%, however, with eCheck, the cost. One common reason is the inability to obtain approval with local banks due to the nature of their industry. Adult Industry. Authorize. A continuity subscription merchant follows a billing model that collects monthly payments for goods or services they provide. Electronics. G et an offshore merchant account is a legal way to receive payments by credit card in your business abroad. Despite the. Just apply online, and we'll take care of. Attractive rates. Sorry, we are unable to provide merchant services for foreign or offshore businesses, or any company that is headquartered outside of the USA. , those with both physical and digital storefronts), Moonlight addresses. The type of industry you are in, your location, and even your credit history all determine your merchant account classification. Credit Card Processing for Vitamins. Third is vaping and e-cigarettes. Here are the top 5 high risk merchants that are mostly likely to process high risk payments. Get a secure Nutraceutical Merchant Account with QuadraPay. ACCEPT PAYMENTS ONLINE. Resources; Have any Questions? Call us at (800) 621 - 4893;. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. Needless to say, you have much higher chances of approval. Weight Loss Programs. Services. The best nutraceuticals merchant account. Offshore Nutraceutical Merchant Accounts (with payment processing history): Instabill requires 3-6 months of payment processing statements displaying your company name. Bank transfers are the safest online payment method available for nutra merchants. The only person that really knows that you are doing anything is the computer. The final key difference is that high-risk merchant accounts typically require a longer application process than offshore merchant accounts. An ACH fee is a charge that appears on a merchant account statement for the processing of credit and debit card transactions through the Automated Clearing House. Choose from a variety of competitive revenue sharing programs for the right compensation model focussed on high risk accounts. We also partner with 3 rd party vendors to provide affordable merchant accounts and credit card processing services to high risk business around the word. What’s needed to get a nutraceutical merchant account. Processing payments through acquiring banks in the regions where your customers live gives you a huge boost for card approvals. Possible tax breaks: Many high-risk businesses opt for offshore merchant accounts because of less tax restrictions in other countries. Specialized tobacco merchant accounts allow smoke shops higher volume limits and fewer restrictions than other payment processing solutions. How to Avoid Having your Nutraceutical Merchant Account Closed & TMF? Moneck Payment Solutions. Top-notch security exceeds the most rigorous standards for safe, compliant processing. You provide technical support for whatever industry you have decided to work with. As a result of these advanced security measures, banks can trust adult toy vendors and give them a long-term payment processing solution. Nutraceutical Merchant Accounts. A high risk merchant account is a type of payment processing account for unique businesses. Merchant Services. Nutraceutical Merchant Account. So, what does it really mean to be Visa. S. Posted by The Roar of Freedom. FREE Gateway Set-Up. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. No matter the needs of a merchant, the team at Allied Payments can help set store owners up with the best payment solution at an affordable price. These businesses need a trusted company like PayKings to provide them with high risk credit card processing. One of the top reasons you may need an offshore account is because you’re a high-risk merchant. Whether at a gas station pump or in a retail store, card account information is acquired through swiping the black strip or dipping of the EMV chip card. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. Due to the overwhelming number of businesses who utilize merchant account processing services, it seems like it would be easy to find an account. Don’t let payment processing issues hold you back – contact QuadraPay today to learn more about their services and how they can help your nutraceutical business thrive. Online and mobile transactions, using either an ewallet or stored bank cards, are the newest. A high risk merchant account is a certain type of business bank account assigned to those merchants who present a degree of risk associated with their business. 02 billion (2023). In addition, our credit card processing services do not restrict.