Nutraceutical merchant accounts provide a natural ingredient or substance that’s treated in order to sell for health benefits such as weight-loss or food supplements. However, such nutraceutical businesses will doubtless encounter problems for nutraceutical credit card processing.
Why? Why are nutraceutical merchant accounts finding it difficult to process online payments?
Nutraceutical credit card processing for online nutraceutical merchant accounts is considered high risk. — Although many nutraceutical merchant accounts argue that their products are 100% natural, the government and medical ruling authorities still consider their nutraceutical products as “unregulated”, which means the health benefits are not confirmed by government standards, even if nutraceutical businesses do indeed offer great, beneficial products.
There’s also the problem of chargebacks for nutraceutical merchants whose customers may find that the product did not work for them and then instantly request a refund. High chargebacks will indeed negatively affect your chances for obtaining a nutraceutical credit card facility, and banks will always question the chargeback ratio of your nutraceutical merchant account.
How does a nutraceutical merchant account start accepting credit card processing online?
This is the difficult part. Most banks will not support your nutraceutical merchant account, and card companies will not help with a nutraceutical credit card processing system. However, there is a way around this in which some merchant account providers can assist. For instance, iPayTotal, a leading UK (and international) high-risk payment processing solutions company, can help your nutraceutical merchant account obtain secure nutraceutical credit card processing.
With an offshore acquiring bank, iPayTotal can assist in providing your nutraceutical merchant account with the right payment gateway so that you can start selling your nutraceutical products online, all in a simple process. Apply now or contact +44 800 776 5988 and find out more about how iPayTotal can help you with your nutraceutical merchant account.
Benefits of having a nutraceutical credit card processing system online
When your nutraceutical merchant account goes live, it opens your nutraceutical merchant services to a world out there you could never have attained without a nutraceutical credit card processing solution. — Statistics show that credit card users are on the increase, with 2.8 billion credit cards being used today, worldwide. That’s a significant number; a number that would be excluded from your nutraceutical merchant services should you choose not to opt for a reliable nutraceutical credit card processing solution.
It’s easier and more convenient for people to purchase online. With your nutraceutical merchant account having a credit card processing system in place, you can be sure to attract a far larger audience for your nutraceutical merchant services and products than you would otherwise.
You can obtain nutraceutical credit card processing today by simplycontacting iPayTotal and allowing the professionals in high risk, especially for nutraceutical merchant accounts, do the work for you in obtaining a nutraceutical credit card processing solution.
Tips on finding the right nutraceutical merchant processing company
Here’s what you should look out for when selecting the right nutraceutical merchant account processing solutions company: —
Experience
Before rushing to obtain your nutraceutical merchant account or your nutraceutical credit card processing solution, consider the payment solutions company and its track record. If they have not managed high-risk merchant accounts such as nutraceutical merchant accounts before, then you should be weary and not be quick to act. Ask them if they can obtain a nutraceutical merchant account for you before you go through the process only to find out they cannot offer you the right nutraceutical credit card processing solution.
iPayTotal has the experience you need for your nutraceutical merchant account and can provide you with the right credit card processing solutions for your nutraceutical business.
Reliability
It is absolutely important, when running an online business, especially one that offers products such as a nutraceutical merchant account would, to have a proper and dedicated support system ready to manage any customer queries. — This not only improves customer service and sales, but it reduces any chance for chargebacks. This is vital in maintaining a healthy chargeback ratio so that your nutraceutical merchant account can continue to provide credit card processing online.
iPayTotal has a 24/7 support team to manage any of your queries regarding your nutraceutical merchant account. Our team is dedicated, experienced, responsive and efficient in dealing with our clients’ queries.
Costs
Be very cautious of costs for your nutraceutical merchant account when requesting a credit card processing solution from a payment processing company. There may be hidden costs involved for which you will not be aware. Ensure that you they provide you with all the charges upfront so that you know what you’re in for before it’s too late.
iPayTotal prides itself in being transparent. More than this, iPayTotal has maintained a low-cost service fee, which is either considered competitive or lower than other companies.
With our experience in high-risk merchant accounts and especially with nutraceutical merchant services, not to mention our expansive relationship with offshore acquiring banks to ensure the right credit card processing solution for your nutraceutical merchant account, you can trust iPayTotal to provide you with fair fees and transparency.
For more information regarding your nutraceutical merchant account or for any queries relating to nutraceutical credit card processing, please feel free to contact iPayTotal today on +44 800 776 5988 or emailinfo@ipaytotal.com or simply fill in the application form here.
