Individuals applying for payment processing through a bank with a credit score of 580 or less are considered bad credit merchant accounts. com. Given that it greatly reduces chargebacks, merchants benefit greatly in Visa Verified transactions by getting an extra authentication factor with every transaction that go through their site. Durango specializes in placing high-risk business types, including businesses that require offshore merchant accounts. The Visa Secure is designed to look after the security of both customers and online merchants. Part of this underwriting process often involves providing proof of GMP certification. There are a number of merchant account providers and payment processors. US and international companies are welcome to apply. Performance Card Service (PCS) specializes in high risk merchant accounts and other payment processing solutions. One of the top reasons you may need an offshore account is because you’re a high-risk merchant. With more than 40 compatible shopping carts and a handful of free payment modules, you will get more than your money’s worth with Instabill. CALL NOW! 702-456-1116 OR email [email protected] domestic merchant account services company pairs your business with one of the providers that is the most suitable for your business. Follow @merchantstronghold and get more of the good stuff by joining Tumblr today. Applying for a high-risk merchant account with PayDiverse is a simple 3-step process: Complete our secure, online application form. Merchants will also have to apply through the proper channels to receive. The ACH is a financial network developed for member institutions to send debit and credit payments to one another electronically. You need to fill out the application to get a high risk merchant account. nutraceutical industry steadily increasing from $34. services are concerned. Different types of fees make up the monthly bills; including set fees and sales-based costs. Resources; Have any Questions? Call us at (800) 621 - 4893;. Just ask us for the details. But this is simply not true. Online Gambling Merchant Account. 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the Terminated Merchant File (TMF), is a database containing a list of merchants whose payment processing accounts have been revoked by other payment processors and acquirers. We at SeamlessChex understand the challenges faced by online supplement businesses, for we excel in managing fraudulent charges and high chargeback rates. So, what does it really mean to be Visa. High-risk merchants may need an offshore merchant account for several reasons. Currently the. High Risk Merchant Accounts; Offshore Credit Card Processing | International Payments Processing. Professional Service. Allied Payments specializes in providing the most reliable high-risk merchant account services to businesses in need of specialized solutions. 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. 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. These can include manufacturers and retailers of private label supplements,vitamins, minerals, amino acids, herbs, and enzymes marketed in various forms: tablets. Offshore accounts are a completely legal method for managing money in a more profitable sense. At Allied Payments, our focus has been on becoming the leading provider of high-risk payment processing services for e-commerce merchants. S. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. For some it is, but for the majority of business owners. High-risk businesses include industries like online gaming, health supplements, adult entertainment, CBD products, merchants with high-average tickets, and businesses with subscription services. Get a secure Nutraceutical Merchant Account with QuadraPay. An acquiring bank is the one that grants the merchant account to businesses. When customers select a product they want to. This is a huge disadvantage to nutraceutical merchants because these reports can be seen as an intentional merchant fraud. Get the processing capacity you need to manage and grow your business. , is opening his/her doors to the world. ACCEPT PAYMENTS ONLINE. Encouraging buyers to pay with crypto to helps reduce chargebacks and keeps card merchant accounts in good standing. Our proprietary echeck payment platform is operated 100% by the firm. Credit Repair. A Terminated Merchant File is used by processing companies to screen merchant account applicants. This is a non-interest-bearing savings account used by the acquiring bank as a type of insurance against chargebacks. New broker business echeck accounts are easily approved and set up. It takes place after a payment authorization officially transfers a customer’s fund into the merchant account. Canadian Merchant Account;Talk to our representatives right away to discuss your options. Increase orders. Decrease expense. This high level of chargebacks means merchant account processing will require more work, resulting in higher fees to. Our partner program rewards you with both short and long term capital that you can invest back into your business. We approve the accounts, manage risk, clear payments, and pay the forex merchants. Accept debit & credit cards. This has led to more vape shops and online vape shops while increasing the need for ecommerce merchant accounts. based companies shouldn’t be treated like offshore merchants. All Dating Merchant Accounts are unique but included terms stay the same for most: merchant discount rate (MDR), transaction fees, monthly gateway fee, 0. We at EMB, or eMerchantBroker. Herbal Products and Nutraceutical Merchant Account Nutraceutical products have become a much sought after industry as a one-time customers generally turns to a recurring customer. At eMerchant Authority, we offer reliable and low-cost high-risk merchant accounts for merchants in the network marketing industry. The most common merchant services companies are Square, Stripe, and Braintree. New broker business echeck accounts are easily approved and set up. Choice of banks world-wide. Merchant service partners get 15% up to 50% of recurring revenue based on your successful referrals. only low risk merchants, but most will also accept high risk merchants including travel, adult entertainment, gaming, nutraceuticals, dating etc. What I can do for you—Nutraceutical Merchant Account. Our solutions are unable to be obtained anywhere else! Forget paying 11-12% when doing large volume. Merchants operating these businesses commonly struggle. No startups are accepted. You need a dependable high risk merchant account provider for your nutraceutical merchant account. 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. Accept payments any way customers want to pay you. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. The cosmeceutical industry is growing. Individuals applying for payment processing through a bank with a credit score of 580 or less are considered bad credit merchant accounts. This can help merchants justify the acceptance of credit cards and their intrinsic fees. While the industry has operated without many regulations, the Federal Government has threatened to clamp down with online payments. Features of ePay Global Payment Gateway Costa rica . S. mp3. Finding a knowledgeable payment processor is better to help your nutraceutical merchant account get through all legal actions. Menu and widgets When Instabill representatives are approached about a nutraceutical merchant account, we don’t mince words. Third is vaping and e-cigarettes. National Processing: Best For Clover Processing Hardware. Acquirers in multiple regions help you diversify accounts, mitigate risk, and benefit from offshore jurisdictions. $35/month. You provide technical support for whatever industry you have decided to work with. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. Navigating FTC Compliance and Avoiding Legal Pitfalls in the Supplement Industry. For Visa/Mastercard, the three-digit CVV number is printed on the. In. High risk merchants start processing and before they know it, the bank terminates them. Electronics. Contact Us. Many of our high risk or hard to place merchants find these programs useful. Offshore Credit Card Merchant Accounts. The more ways customers can buy from you, the more sales you make. This typically involves using payment gateways and merchant services to authorize and process the payments and ensure compliance with. 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. High-risk businesses are also more likely to have returns, refunds, and chargebacks. Merchant Account for Herbals and Nutraceuticals Provides you with: *FREE Merchant Account to process your herbal business transactions. All types of online gaming merchants qualify for accounts including mobile gaming; social gaming, multiplayer video games; fantasy sports; online poker; racetracks, pari-mutuel wagering; and casinos. This is a popular topic as more countries open up to new products. E-commerce. Merchant Services. While there may be a setup fee, we encourage merchants to negotiate. Crypto payment gateway is. Navigating FTC Compliance and Avoiding Legal Pitfalls in the Supplement Industry. 1. Customer Service. It can be challenging to navigate the payment processing restrictions that apply to nutraceuticals. Once a business hits a ratio of 0. Tech Support. Some also offer to process for numerous currencies. Merchants all over the world have started embracing the payment options supported. They offer point-of-sale solutions, online marketing tools, an online payment gateway, and virtual terminal services. Durango Merchant Services: Best For Offshore Merchants. When you begin your payment processing. And payment processing is also migrating offshore. Going offshore with us provides merchants with the means to grow their businesses. Crypto Payment Processing/Crypto Merchant Accounts Merchants tips for accepting Cryptocurrency payment processing. Internet Processing. Customers with a bank card generally spend more than those with a debit card or cash. As a result of these advanced security measures, banks can trust adult toy vendors and give them a long-term payment processing solution. 33408. myftpupload. 06 billion ). 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. Menu and widgetsWhen Instabill representatives are approached about a nutraceutical merchant account, we don’t mince words. Comprehensive Merchant Account Solutions for Nutraceutical Businesses. Restaurant Merchant Account Table of Contents. ACH fees may vary depending on your payment processor, your account agreement, your transaction volume, and. Flexible and Scalable Merchant Accounts; Chargeback Reduction Solutions; Set Up Your Nutraceutical Merchant Account Today. Merchants will also have to apply through the proper channels to receive. You will receive the monthly income 45 days. But be sure the acquiring bank on the back end is different. Crypto Payments for High-Risk Merchants; Diet. Apart from enterprises selling diamonds, gold, precious stones, cigarettes, weapons, counterfeit products, illegal drugs. Sorry, we are unable to provide merchant services for foreign or offshore businesses, or any company that is headquartered outside of the USA. To determine the risk associated with your nutraceutical merchants, underwriters need to review the application files. E-check is one of the fastest growing payment methods today among both merchants and customers. Questions? E-mail . Establish more than one merchant. Due to regulatory and compliance concerns, these businesses face challenges in finding suitable merchant accounts and payment gateway solutions. Nutraceutical businesses can enjoy fast approvals, low processing fees, and reliable. You need a dependable high risk merchant account provider for your nutraceutical merchant account. The same merchant account can be used for online payments or. As a result of these advanced security measures, banks can trust adult toy vendors and give them a long-term payment processing solution. The Florida-based merchant account provider, Allied Payments is capable of serving most domestic high-risk business types. Online Application. Protect your business operations. It works as legal consent to accept credit card payments online. While traditional banks view companies in this sector as high risk, with a nutraceutical. However, many payment processors are reluctant to work with businesses in certain niches. 378 Northlake Blvd #134. 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. Offshore Merchant Account – Documentation, Procedure & Advantages. Diversify payment processing accounts. ACH Payment Processing can help your small business with quick and secure electronic payment processing. The merchant account is a financial product that allows businesses to be tied into the Visa, MasterCard, Discover, and American Express networks. Attractive rates. High volume merchant accounts are our specialty. Supported industries: Firearms, vape shops, real estate, gambling. Nutraceutical. The supplement industry is booming with an ever-increasing demand for… Performance Card Service (PCS) is an adult payment processor with more than 20 years of experience helping adult content providers establish merchant accounts, manage chargebacks and deal with all other processing-related issues unique to this business. Usually, e-commerce businesses placed in non-resident nations are the ones that go for an Offshore Merchant Account (OMA). Contact. These. Offshore Pro Group has established a specialist division dealing only with credit card merchant accounts for offshore merchants and companies: WorldMerchant. Possible tax breaks: Many high-risk businesses opt for offshore merchant accounts because of less tax restrictions in other countries. Fees that PayFasto will charge depend on factors like processing history, method of sales, destination countries, volume of sales, and products. The reason is that more and more people are looking into natural cures for their ailments. Payment processors are required to register their alcohol businesses with the payment card association as a card-not-present merchant. Fantasy Sports. Medical Service. 7650 South McClintock Dr #103-437 Tempe, AZ 85284Offshore merchant accounts for high risk merchants. Peptide Merchant Account. Multiple merchant accounts are easily managed through a single dashboard. Once the account is approved, your merchant identification number (MID) is assigned. Collection Agencies. Resources; Have any Questions? Call us at (800) 621 - 4893;. The subscription business may include tangible goods such as monthly magazine issues, subscription boxes, and health supplements, to name a few. 20+ Proven Bank Relationships; Medium/High Risk Accounts; Fast Nutraceutical Account Approval; Large Merchant Case Studies;. A high risk merchant account can provide you with the capability to create revenue utilizing your website or preferred eCommerce option. But why would banks avoid my business when the industry is. As we delve deeper into the pro’s and con’s of each jurisdiction, it becomes evident that there. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. Approval. In fact, our low rate guarantee ensures you’re getting. These result in chargeback reported under ‘Not as Described’. However, these providers do not. It can be challenging to navigate the payment processing restrictions that apply to nutraceuticals. and international merchants, including mail order/telephone order, internet, mobile, and retail accounts. Safeguard your business and protect your customers. In some cases, it is a planned and intentional act of fraud, but in other cases it may be something like “ friendly fraud . 95/month. Merchant account fees will vary between different payment processors for various reasons. We have solutions for practically any type of business regardless of size. Best one-stop shop: First Card Payments. With these requirements in mind, businesses can qualify for a nutraceutical merchant account more quickly by working closely with their payment processor. 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. There’s no need to look further than eMerchant Authority for those businesses that need an adult payment processor. 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. Merchant Stronghold specializes in high risk and offshore merchant accounts. Agreement with the nutraceutical supplier (if you are not a manufacturer); Valid ID copies for all company directors and owners. First, the merchant account established with the acquiring bank, gives you the ability to debit & credit cards and other payment methods. International Payment Methods. In the U. To provide payment services for offshore hospitality merchant accounts, a payment services provider partners with different offshore acquiring banks, this may be due to the location of the merchant,. The MasterCard SecureCode is a 3D Secure program adopted by MasterCard for the security of its customers. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. Over 80 different “in-country” payment methods increase sales from global shoppers up to 40%. net. Secure MOTO Processing Gateway Protects You. 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. But, understandably, they make acquiring banks uneasy. The MasterCard 3D Secure code is only for one-time use and is only. ACCEPT PAYMENTS ONLINE. Great option for merchants targeting international markets. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. Today’s most common method involves swiping a debit or credit card at a merchant location. And the remainder of the supporting documents are examined. These result in chargeback reported under ‘Not as Described’. If you are looking for a high volume merchant account or having problems with ticket sizes, regardless of the risk, we can help. With regulations on payment processing getting more strict, you will need a solution you can rely on. A merchant account is a business bank account that allows the movement of funds between issuing and acquiring banks to settle transactions made using credit and debit cards. This. Working with most industries from adult to nutraceuticals, Allied Payments. On average, over 60 million automated clearing house transactions worth over $1 Billion are processed daily through. Our all-in-one merchant accounts include affordable e-Check/Credit Card processing, debit and ACH processing, a payment gateway, and chargeback protection. The virtual terminal connects to the banking network through a Level PCI-DSS compliant MOTO payment gateway, the highest level of security available. A majority of merchants can start to accept online payments in as few as 3 to 5 business days. Getting a merchant account for an offshore tech business can’t always be the easiest thing in the world. Holdback, chargeback fee and processing rates negotiable & waivable depending on industry and perceived risk level. Some high risk merchants find it easier to obtain offshore merchant accounts than domestic ones. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. , 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. Merchant accounts Instabill can offer include: • Adult Merchant Account • Collection Agency Merchant Account • Credit Repair Merchant Account • Dating Merchant Account • E-Cigarette. Nutraceutical. Offshore merchant accounts are much less strict than their. com. 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. Benefits of Accepting Crypto for High-Risk Merchants. FREE Gateway Set-Up. Best for businesses that want a wide variety of terminals and POS systems. An offshore merchant bank account is one established for eCommerce companies in a non-resident country. S. Nutraceuticals and supplements aren’t exactly “conventional”. Free application with no obligation. FREE Cost Comparison. Weight Loss Programs. 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. Fantasy Sports. Explore offshore account . 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. The domestic merchant account services company pairs your business with one of the providers that is the most suitable for your business. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. And you can begin processing payments immediately. Complete Merchant Services for Psychics, Fortune Tellers and Horoscope Readers. AP Holdco LLC. It enables the business to accept payments via their website as well as other payment systems. Apply for an international merchant account today. poor business credit,. For instance, we may recommend a domestic and an offshore merchant account to ensure uninterrupted processing. We welcome all merchants and our high risk merchant account services are easy to operate. Complete our secure online application and. Merchants can begin by filling out EMB’s fast online application. Merchant Stronghold specializes in high risk and offshore merchant accounts. In fact, finding a merchant account with favourable terms and low transaction rates in this vertical can be arduous. This also allows long-distance purchases which increases your chance of a sale. According to Grand View Research, peptide sales are expected to peak at 48. #1 PaymentCloud Strong Reputation For Fast Approvals. Authorize. An offshore merchant account is a type of bank account specifically designed for businesses outside their home country. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their. Adding secure bank transfers on your checkout page as an alternative payment method boosts profits by eliminating the risk of chargebacks. Credit Card Processing for Vitamins. Electronic payment processing refers to a system of accepting and processing payments digitally. E-commerce Merchants; Offshore Merchant Accounts; Contact Us; Address. MNBS Payment Solutions 888-505-6956 · March 22, 2015 · · · March 22, 2015 · ·The bank-to-bank transfers no chargeback payment platform was designed specifically for ecommerce businesses, particularly those classified as high risk merchants. Instabill’s new international banking solution includes many perks, such as: Solutions for startups; Free trials; Unlimited volume; Recurring billing; Rates for Nutraceutical MerchantsGet Started Today. 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. Host Merchant Services: Best for Interchange-Plus Pricing. There are few providers who offer customized end-to-end payment solutions, which are more beneficial for the merchant as compare to others. You need EMB. Vape and E-Cig Merchant Accounts. $10/month. Tech Support. A credit card processing company needs a minimum of $50,000 capital on average. ACH Network transactions are fully electronic and governed by rules by NACHA and the Federal Reserve. We currently process payments for companies doing from $10,000/month to over $60 million/month. For a full list of references about offshore merchant accounts, please refer to this article here. ”. Protect your nutraceutical business from exorbitant bank holds and reserves. Low Rates & Fast Approvals. Adult Industry. According to Zion Market Research, global dietary supplements market was valued at USD 132. Costs associated with processing ACH transactions are considerably lower than standard processing of credit and debit cards. Establish more than one merchant account. Victoria, BC V8W 0B7 . Merchants are labeled high risk for certain reasons: A merchant might have imperfect or flawed credit history. And increase sales. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy, seamless. Top-notch security exceeds the most rigorous standards for safe, compliant processing. Retail Payments. In e-commerce, a shopping cart is a software application that allows customers to select and purchase products or services from an online store. 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. S. Offshore e-Check/Credit Card Processing. When shopping for a new merchant account, most merchants question the discount rate. Accept credit card payments and monitor your processing with your nutraceutical merchant account. In addition to becoming registered, many processors will also require merchants to seek. Recently we blogged. 1 billion. 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. Safeguard your business and protect your customers. An acquiring bank, also known as an acquirer, is a third party that offers a merchant account to a business for the purpose of accepting payments. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. Ideal for businesses with a wired internet connection and a traditional storefront, these sales typically have the lowest fraud and chargeback risk and are therefore. PaynetSecure specializes in high volume & high risk merchant services. Offshore merchant accounts are proven to be the best. S. 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. While card transactions are quick, cards, ACH, echecks, and other payment methods take time to settle and. Moonlight Payments Overview. Supported industries: Firearms, vape shops, real estate, gambling. Nutraceutical Merchant Accounts. If you're looking for payment solutions that will positively impact your business, Zen Payments is ready to help. Level 1 PCI-DSS Secure European Payment Gateway. Boost sales from US shoppers up to 20% with ACH & echecks. Recently we blogged about a study we read which claimed 1/3 of U. With an offshore merchant account, it’s easier to process credit card payments under major companies like Mastercard and Visa. This has led the banking industry to classify supplements and nutraceuticals as “high risk” sectors, which in turn requires a more thorough underwriting process before supplement merchants can open a merchant account. Add more than 80 alternative payment methods favored by international buyers & watch your sales grow. OFFSHORE MERCHANT ACCOUNT; CHECKOUT; DIGITAL PRODUCTS; Business Opportunity; Crypto; Shopify; FTC; CHARGEBACK FRAUD;. Weight Loss Programs. That means more risk, to your business and to. The global outlook for nootropics is also impressive, with a 17. An offshore or international processing account is one that’s held by a bank that’s outside of the U. An offshore or international processing account is one that’s held by a bank that’s outside of the U. Best for online and international sellers: Durango Merchant Services. Easily accept payments from players. 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. Founded in 1999, Durango Merchant Services is a merchant account provider for both U. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. Merchant Account Reserves. Nutraceutical Merchant Account Solutions - eMerchant Authority Merchant Accounts For Your Nutraceutical Company eMerchant Authority helps protect, and service, your. Best for businesses that want a wide variety of terminals and POS systems. 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. Security: Shopify Pay includes fraud detection and prevention tools to help keep transaction data safe. Approval. Collection Agencies. To save yourself and your business a headache, you need to locate a high risk merchant account processor. Simply fill out the form below. It allows merchants to accept and process payments in foreign currencies, typically through online transactions. Our Internet merchant account services provide businesses with the reliability and security to run smoothly and thrive over the Internet. 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. Nutraceutical vs. The most common reason for a high-risk classification is chargebacks. This will allow businesses or. You must also have a bank account for that registered company. They’re so well-established in fact that they work with over 60,000 merchants. nutra merchant account (5) Nutraceutical Merchant Account (5) offshore merchant accounts (11) Online Dating Merchant Account (1) Online Gaming Merchant Account (3) Online Gaming Merchant Accounts (4) p2p network payment processing (1) payment gateway (22) Payment Gateway Chargebacks (4) payment processing (60). Merchant accounts are needed for nearly every type of business. The subscription business may include tangible goods such as monthly magazine issues, subscription boxes, and health supplements, to name a few. Canadian Merchant Account;Processing history showing a at least $50,000 per month is required to qualify for an affiliate marketing merchant account. As an applicant, expect to have your personal and business history thoroughly examined. Are you struggling to secure the payment processing solutions your nutraceutical business needs? Unfortunately, there are many industries whose merchants struggle to secure merchant accounts for their businesses – the nutraceutical industry is definitely among them. A high risk merchant account is a payment processing account for merchants that are classified in a high risk category. Merchant accounts can be used in various ways, whether the merchant operates a storefront or the business accepts credit cards through a card-not-present (CNP) environment. Home Front Page. 02 billion (2023). Selling nutraceutical products can be a slippery slope, which is why we’re straightforward with banking guidelines and protocol. Chargebacks occur when a customer disputes a transaction with their credit card company, leading to a refund.