Are You in Need of a Male Enhancement Merchant Account?
Opening your own business takes a massive amount of effort and research in order to obtain success. This is especially true for male enhancement businesses as they need to abide by state and national compliance laws. To prosper, male enhancement companies rely heavily on credit card payments through online channels. At Double Helix Processing we use our industry knowledge to create a merchant solution that ensures your business will be setup for success.
Male enhancement merchant accounts are considered high risk for a variety of different reasons. Double Helix Processing specializes in working with high risk merchants and we have multiple acquiring banking partners that offer male enhancement merchant account solutions.
How Does Being High Risk Affect my Male Enhancement Merchant Account?
Operating a male enhancement merchant account offers several challenges for its owners. Male enhancement businesses are often branded as high risk right off the bat because of the nutraceutical relationship.
Along with labeling and advertising guidelines put on numerous different products and specific ingredients, there are also rules for providers of these merchant accounts to think about prior to working with these firms.
Traditional financial institutions may not know the industry well enough and therefore may not want to take the risk and add your business to their portfolio. The nutra/male enhancement category has a high-risk reputation due to the higher chargeback ratio, due to the effects. Prime well known financial institutions allow up to a 1% chargeback ratio where most high risk avenues allow as high as 3%.
For more on high risk industries click here, (insert hyperlink to industries). If you are having trouble locating credit card processing and have been told that your business is too high risk, Double Helix Processing is here to help.
Why Should You Choose Double Helix Processing?
We understand the unique needs of the different male enhancement and related business types and have established numerous acquiring banking relationships to become your best resource in getting male enhancement merchant accounts set up and accepting online payments. Our expertise is your ticket to getting the stable processing you need to further your business.