Need to Open a Nutraceutical Merchant Account?
Nutraceutical merchants often have trouble finding credit card processing and a dependable nutraceutical merchant processing account, which seems ridiculous considering that the nutraceutical business is one of the fastest growing nationwide industries. From vitamins and minerals to herbs, countless products fall under the Nutraceutical umbrella. Because results can be subjective the nutraceutical industry is by default looked at as a high chargeback and high-risk industry by larger banks. Double Helix Processing is here to answer all your questions when it comes to setting up your nutraceutical account.
How Can I open a Nutraceutical Merchant Account?
Since finding a provider who is both experienced and dependable isn’t always easy – Underwriters often ask for proof of where the products are sourced, quality testing samples and much more. Double Helix Processing can assist in getting a package together to present to the bank so your account gets setup correctly as quick and seamless as possible.
How Does Being High Risk Affect Your Chances of Getting a Nutraceutical Merchant Account?
In short, it's about credit card chargebacks.
Nutraceutical businesses typically get more chargebacks compared to an ordinary online business, and certainly get more than retails spaces and card present business. Mostly, it’s the chargebacks that require a nutraceutical company to use a high-risk nutraceutical merchant account rather than being able to qualify for a low-risk account.
Why Should You Choose Double Helix Processing?
We understand the unique needs of the different Nutraceutical and related business types and have established numerous acquiring banking relationships to become your best resource in getting nutraceutical merchant accounts set up and accepting online payments. Our expertise is your ticket to getting the stable processing you need to further your business.