In fact, many banks have. Ways that nutraceutical companies can get their credit card processing in order. Essentially, the e-cigarette account serves as the. This alert system helps keep. A nutraceutical product is a purified or isolated item that must have the ability to combat chronic diseases or have a physiological benefit. High risk merchant. On average, over 60 million automated clearing house transactions worth over $1 Billion are processed daily through. Say you ’ re a subscription, adult, dating, business opportunity, cosmeceutical, or nutraceutical merchant and you ’ve been processing for a year or more. A merchant account is a specific type of bank account that allows merchants to accept payments. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. The number assigned to each merchant account to help with accounting, billing and customer service issues. Traditional financial institutions may be wary of the industry's high-risk label, making it essential to seek out merchant accounts specifically tailored to the needs of nutraceutical e-commerce. Minimum processing: $5,000 minimum for national. Cross-border transactions are also a risk factor and can make it difficult to obtain a merchant account. In fact, the industry is estimated to grow to a staggering $671 billion by 2024 worldwide. As a result, it may make banks hesitant to approve merchant. High risk MCC codes can present challenges for nutraceutical businesses, particularly when it comes to securing a merchant account for payment processing. NPC (National Processing Company), a Vantiv company, is a leading provider of innovative payment processing and technology solutions. ”. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. Soar Payments: Best for. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. One-time & Recurring Payments. Like many other companies that are classified as “high risk” by lenders, nutraceutical companies have uphill battles when they seek nutraceutical company merchant accounts. Our friendly and skilled representatives are standing by ready to assist you. The reason is that more and more people are looking into natural cures for their ailments. Your business generates five to six figures every month. Acquiring and maintaining a reliable merchant account is a significant challenge for nutraceutical businesses. Nutraceutical products are increasingly becoming more and more popular all over the world. Nutraceutical merchants that are doing well have a high volume of sales, which naturally creates more opportunities for chargebacks, fraud, and other problems to occur. Nutraceuticals are divided into three distinctive categories: functional food (probiotics, nuts, tomato products, yogurt), functional beverages (sports drinks), and dietary supplements (vitamins, minerals. The typical per transaction range is $0. In e-commerce, a shopping cart is a software application that allows customers to select and purchase products or services from an online store. Virtual terminal merchant accounts include unlimited virtual terminals. Our Internet merchant account services provide businesses with the reliability and security to run smoothly and thrive over the Internet. The process may take up to 6 months, with an initial registration fee of about $10,000 for the first year, and $5,000 for the following. Without a merchant account, these associations have no genuine method to recognize credit and check card transactions. offshore merchant account; credit card processing; solutions. com today. Choosing the appropriate solution for merchant account processing is a critical decision for businesses. International accessibility. Membership. Whether businesses require a virtual terminal or only need a gateway, Allied Payments can help. As a result, Nutraceutical businesses face various challenges in payment processing, including fraud attempts, high chargeback rates, and the need for advanced fraud prevention mechanisms. In the United States, about 75% of adults take some form of dietary supplement; 10 percent over the past 10 years, according to the Council for. A merchant account is a specific type of bank account that allows merchants to accept payments. Durango Merchant Services: Best for highest-risk businesses. Apply for a High Risk Merchant Account Today! Seeking a High risk merchant account to accept payment through credit cards – Mid Kingz Solutions is here to help you around the clock. Consider looking for a credit card processing company that offers consulting as well. Online Credit Card Processing. To get a merchant account, one must submit an application with a merchant account provider. Established herbal supplements and nutraceutical businesses that have a current merchant account and carry favorable processing history will have some leverage in negotiating rates with processing banks. 51 billion in 2022 and is expected to reach a whopping $722. To comply with the FDA’s guidelines, nutraceutical companies must first apply for a high-risk nutraceutical merchant account. As just mentioned, several factors contribute to the growing difficulty of gaining approval for supplement merchant accounts. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. Stay processing and keep track of your transactions with your nutraceutical merchant account. According to a recent report, the Global Nutraceutical Market was valued at $382. Authorize. Domestic and international solutions with no contracts, low rates and next day funding. The Payment Experts. Easy to find contact information on the Website, receipt, and packing slips. It is loose, and it is unregulated. 5%. 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. Once the application is completed, the merchant will be required to have the following items: Completed website. The high risk merchant account provider initially approves your account. This is well over what Visa considers an excessive level of chargebacks. For high-risk merchants, credit card processing online can be a challenge because of their corporate location or the industry they are involved in. In order to properly set up, a nutra business online, merchants make sure to go through a few important steps (we can help). However, we commit to provide the lowest rate to your merchant account. 65%, Visa will request an investigation into the cause and that an action plan be developed. Call us immediately to get on the fast track for high risk merchant processing, and get your high risk merchant account approved fast. Nutraceutical Merchant Processing Accounts | Getting It Right. The merchant ID is used for. 1 billion. Lesser food cravings. These products include dietary supplements, vitamins, and health-related products often sold online. Peptide Merchant Account. For the CBD and cannabis industry, ACH and eCheck payment processing offer secure and reliable alternatives to traditional payment options. Whether businesses require a virtual terminal or only need a gateway, Allied Payments can help. Even if you have been previously rejected by other credit card processors or have a bad credit score and. All Dating Merchant Accounts are unique but included terms stay the same for most: merchant discount rate (MDR), transaction fees, monthly gateway fee, 0-6. Texas Rules & Regulations for the Credit Repair Industry. The nutraceutical industry, or “nutra” industry brings in a yearly revenue totaling roughly $181. Despite […]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. The bank-to-bank transfers direct payment platform was designed specifically for high risk ecommerce businesses including nutraceutical merchants. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant. Check processing, ACH and direct debit;Host Merchant Services: Best for large high-risk businesses. All of them are. Nutraceutical Merchant Account; Pharmacy Merchant Account;. Nutraceutical Merchant Account. Contact us to learn more about our services or start the application process today. However, we commit to provide the lowest rate to your merchant account. Identify a niche. Contact Us!!! at (866) 414-2722 . Many of its features are identical to a regular merchant account. 49 billion by 2028. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their. Step 4: Sell your nutra. It’s undeniable that the nutraceutical market goes on growing at a rapid pace. Fast & Secure Credit Card Processing Merchant Account No Application Fee + Low Rate + Fast Approval Call: (888) 405-3093 English / Español. Fortunately, TailoredPay can help businesses in the nutraceutical industry find the right high-risk merchant account for their needs. As specialists in high risk payment processing, we have the industry relationships necessary to help you obtain or improve. The process usually requires processing payments from the customer’s account into the vape merchant account. Credit and Debit Card Payment Processing, Merchant Account. We will also give you a few tips on how to choose. Processing high-risk payments is crucial for businesses that handle online transactions. Check verification confirms that routing. 3% for a debit card. 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. According to the Council for Responsible Nutrition, 80% of Americans use some type of supplement. com, know that nutraceutical merchant accounts are hard to come by. 1601. The reason is that there is a growing interest in health and wellness, and the demand for dietary supplements is increasing rapidly. US and international companies are welcome to apply. Unfortunately, many credit card processors do not want to work with nutraceuticals businesses. This meteoric growth has propelled the industry into new frontiers, most notably in payment processing. 20-$1. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. 5% plus 15 cents for manually keyed transactions. Your nutraceutical merchant account could be slowly bleeding you dry and sucking out extra capital. What this means for you, the nutraceutical business owner, is that the process to apply for a nutra high risk merchant account is longer and tougher. Despite […] 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. Navigating these complexities requires a strategic approach, a commitment to quality, and partnerships with specialized high-risk payment processors. We can process your payments quickly and efficiently, so you can focus on growing your. DigiPay knows how to navigate the high-risk nutraceutical payment processing space and has developed exclusive partnerships that allow for our qualified. While these processors have reduced the acceptable business models, there have been banks emerged with a risk appetite. Once a nutra company is approved, payment processors set monthly processing limits for new businesses, typically between $25,000 and $50,000 per month, for the first three-to-six-months. Debit PIN Pad and Stand Alone Terminal. 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. Our check solutions offer fast ach deposits to your existing business checking account for quicker cash flow. This means that this hold back percentage is taken out of each credit card sale until your allowed monthly volume is met. Generally, our team strives to expedite the application process. This is well over what Visa considers an excessive level of chargebacks. Fees that PayFasto will charge depend on factors like processing history, method of sales, destination countries, volume of sales, and products. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. Banks that fund nutraceutical merchant accounts that market illicit ingredients or goods can be found responsible once more. By SecureGlobalPay | September 13, 2021. Learn MoreProcessing History for Stripe, Square, and PayPal. ECheck Processing; Fraud Protection. Due to regulatory and compliance concerns, these businesses face challenges in finding suitable merchant accounts and payment gateway solutions. An application is submitted along with along additional information about your business. Call Us: +1 (800) 530-2444. According to Grand View Research, peptide sales are expected to peak at 48. The Florida-based merchant account provider, Allied Payments is capable of serving most domestic high-risk business types. Diversify your nutraceutical merchant accounts to mitigate risk. The demand. 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. Our payment gateway services give you access to information regarding your merchant account solutions. residents have become more focused on preventative health and are willing to spend a lot of money on vitamin supplements and other nutraceutical items. A merchant account provider processes all types of cashless payments including checks, credit and debit cards, online, and mobile payments. How To Apply For A Supplements Or Nutraceuticals Merchant Account. For more information, visit the PaymentCloud website or call (888) 506-7859. Early warning chargeback prevention services. NACHA , which operates the vast ACH network within the United States, doesn’t set the interchange fees associated with ACH payments. Copy of call center agreement. A Merchant ID number (MID), is a unique code assigned to a merchant by their payment processor. Banks issuing the cards receive these fees. Of the entire US sales volume, 37 percent were in dietary supplements. Merchant Solutions. Without a merchant account, these businesses have no way to accept credit and debit card transactions. Gateways; Cash Advances; Essential Services Menu Toggle. You need a dependable high risk merchant account provider for your nutraceutical merchant account. A government-issued ID like a state-issued driver’s license. Approvals: 5 business days to 2weeks. A No Chargeback Merchant Account, also known as a "high-risk" merchant account, is a specialized payment processing solution designed to cater to businesses that face a higher risk of chargebacks. Some high-risk ACH processing providers charge a flat rate. Forex echeck processing solves your brokerage’s card payment processing problems. The whole process can be completed in as little as 48 hours between application to processing payments. We at EMB know the trials and tribulations that those in the nutraceutical industry can face, and we will not judge or punish your company for it. Rich Cloud Reporting. We keep your money safe, so you can keep doing what you love. This post will provide an in-depth review of why the nutraceutical industry is considered high-risk and a list of the best high-risk credit card. Our CBD merchant services cover Cannabidiol, Hemp & CBD Oil considered high-risk merchants. With decades of experience, our team is committed to providing competent knowledgeable advice and a plan of action to get your merchant account approved quickly. Reliable Payment Processing: With a high risk merchant account, a credit repair agent can ensure reliable and secure payment processing. The right merchant account and payment processing solution is essential for any online business — it's even more critical for nutraceutical businesses, where reliability and brand reputation are crucial. The main drivers of this growing demand include increasing health concerns as well as changes in dietary lifestyles. This means that nutraceuticals imported from the United States, must be assessed and approved by Health Canada and a site licensed facility. Third is vaping and e-cigarettes. According to Research and Markets, the industry will count for over $75. With online businesses, this convention is the norm. Those with legitimate pharmacy licenses can ensure a smooth process in securing a merchant. NMA investigates the Nutra firm and evaluates its payment processing history. – Adult Magazines. – Pre-recorded Videos. Some storefront and MOTO businesses use payment. For more information or to request that one of our agents contact you in regards to a payment processing account, please fill out the form on the right hand side of the page. A merchant account is a specific type of bank account that allows merchants to accept payments. Better skincare. These days, most. Get approved for a nootropic, supplement and nutraceutical merchant account. 800. Unexplained gaps in processing history. 252. Get Started Today. Most of the account providers follow a two-step approval. But, understandably, they make. Nutraceutical Merchant Accounts 2018. Better skincare. No Comments. . Your company is growing and needs another merchant account. 3D secure adds an extra layer of security at checkout and can reduce overall chargebacks up to 70%. Along with the application, merchants will need to submit the following items to. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. As our staff at FintechMerchantAccounts conducted our research on the nutraceutical industry (” Nutra”) we found that it is estimated to grow to a staggering $671 billion by 2024 worldwide. As specialists in high risk payment processing, we have the industry relationships necessary to help you obtain or improve. Processing History for Stripe, Square, and PayPal. As a business expands, our online payment processing services can quickly scale accordingly, preventing any. Our friendly and efficient customers work 24/7 to help your customers with any issues they may be facing. Nutraceuticals are highly regulated products that require specialized payment processing solutions. As a growing industry, the demand for nutraceuticals and dietary supplements see no end in sight. A nutraceutical merchant account is a specialized payment processing solution designed specifically for businesses operating within the nutraceutical industry. Built-in virtual terminal. These limits are typically between $25,000 and $100,000 per month. The most common tier one payment processors on the market include Square,. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them securely. We at EMB, or eMerchantBroker. FFL (Federal Firearms License) The Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE) issues the FFL (Federal. 4 million US dollars by the year 2025. From a merchant account, the merchant can withdraw the funds. 28 billion in 2019, according to Grand View Research. Free application with no obligation. streamline payment processing. A nutraceutical merchant account furnishes business owners with the capability of accepting credit cards and debit cards for payment processing in the nutraceutical industry. Accessibility Click here for Accessibility adjustments. Reduced chargebacks– We are a reputable high-risk processor that offers a chargeback management system to all our customers. The final step in your custom nutraceutical supplement business is to begin processing payments on your site. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Many traditional payment processors are hesitant to work with high risk merchants, leading these businesses to seek out specialized high risk merchant account providers. Credit Card Processing Shopping Carts Payment Gateway Integration AMSLV. But along with your success, you have to pay attention and understand the rules and regulations of the industry – the. When they are. Average single transaction is over $500. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. They also struggle to secure the financing they need to grow their business and cover costs. Get more volume quickly. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. They also struggle to secure the financing they need to grow their business and cover costs. These merchant accounts are also known as a "travel merchant services". This article explores the. To get a merchant account, one must submit an application with a merchant account provider. The underwriting team scrutinizes the merchant’s financial history, credit score, business model, and other factors to determine the risk involved. To get a merchant account, one must submit an application with a merchant account provider. International merchant support. To keep diseases, like high blood pressure, at bay and to maintain optimal wellness levels, consumer demands for supplements and nutraceuticals continues to rise. The underwriting team scrutinizes the merchant’s financial history, credit score, business model, and other factors to determine the risk involved. Typically, a merchant account for credit repair is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Please use our quick form to start the application process and get your store up and running today!. From account management software and CRMs to accounting applications, we can link into them all with just a click of a button. Every merchant has a different ID number, much like every individual has their tax ID number. Merchant Services For Travel & Entertainment Business | National Merchants. International nutraceutical merchant accounts are approved 7-14 days after the application file has been received and verified. 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. 6%. Most banks in the world dread dealing with nutraceutical industry. To get a merchant account, one must submit an application with a merchant account provider. There are many merchant account providers to choose from to process cashless payments, but not every merchant account provider accepts high-risk. By leveraging these solutions, businesses can streamline their payment processes, improve cash flow, and reduce the risks associated with cash-heavy operations. A nutraceutical product is a purified or isolated item that must have the ability to combat chronic diseases or have a physiological benefit. The Payment Experts. 3 billion in 2017. Durango Merchant Services: Best for highest-risk businesses. Finding and maintaining reliable merchant accounts at reasonable rates is an on-going project. This type of account is essential to accept credit and debit card payments, and that is why nutraceutical merchants need to find another solution to open a merchant account. This is crucial for building trust with clients and maintaining a strong reputation in the industry. Also known as a tobacco shops, many financial services companies have distanced themselves from the industry. S. If you have already been processing card payments, then we will also require a three-month history of these statements A chargeback ratio of less than 2% We also ask that. Companies that offer pharmaceutical alternatives struggle to obtain nutraceutical merchant accounts because the industry still struggles to find. FintechMerchantAccounts works with nutra merchants understand how tough it can be for Nutra business owners like you to get approved for standard. 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. The process may take up to 6 months, with an initial registration fee of about $10,000 for the first year, and $5,000 for the following. Other products and services considered high risk. If you have everything in order, these service providers will see that your business begins processing payments ASAP. Get a Merchant Account to Sell Supplements Online From MID Kingz Solutions. EMB isn't just your solution for a merchant account, we offer a wide range of business services, including business funding, chargeback protection and. A nutraceutical merchant account is a type of merchant account that is specifically designed for businesses that sell nutraceutical products, such as dietary supplements, vitamins, and other health-related products. 3. The repercussion of these characteristics is that most, if not all, banks would look at your business with doubt and consider it a high-risk. , with eMerchant Authority. eMerchantBroker is a Los Angeles, California-based company that offers high risk e-commerce processing solutions including kratom merchant accounts. Telemedicine merchant accounts also create an additional revenue stream for telemedicine software providers, adding profits without much additional work. Complete, Secure Payment Processing Solutions. Also known as a tobacco shops, many financial services companies have distanced themselves from the industry. Contact us today at 1-877-296-3690 to. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. High volume Nutra merchant accounts are our specialty. At Allied Payments, we offer a wide array of merchant services, including payment processing, high-risk. This is because of strict guidelines for processing credit card payments that go beyond the requirements of most other industries. 3 months of business banking statements; Approvals: 5 business days to 2 weeks; Offshore Startup Nutraceutical Merchant. These specialized accounts can. This is where nutraceutical is seeing a positive increase in the potential; the name is from a mix of the words nutrition and pharmaceutical and whilst it is supplements, extracts of actual food, it has no restrictions like the rules governing medicines, making a perfect business opportunity. Supports reproductive health. A high-volume merchant account is a merchant account that is specifically geared towards merchants who have a higher than normal volume. Increases energy. By Tony Ward April 27, 2021 2:27 amApplying for a European merchant account is a straightforward process. Contact us today to discuss your needs, and we’ll provide you with a more accurate estimate based on your specific situation. With its high approval rates, secure payment processing, and nutraceutical-specific features and services, PaymentCloud offers everything that nutraceutical business owners need to accept credit card payments from their customers. The U. Based in Lindon, Utah, National Processing is a merchant account provider that serves both standard-risk and high risk merchant sectors. Our proprietary echeck payment platform is operated 100% by the firm. Signature Payments is the #1 payments company in the industry of high risk vape and E-Cig merchant accounts. The typical per transaction range is $0. 51 billion in 2022 and is expected to reach a whopping $722. net Nutraceutical Merchant Account | Payment Processing for Nutra Industry Ready to Get Approved? 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 account reserved for credit card, debit card and rewards card deposits. First, the industry is. However, it is crucial to partner with a. Get Started Today. Easy Pay Direct can help you get an adult merchant account and credit card processing services for your high risk business. Merchant One: Best for Flexible Pricing Clover: Best for POS Stax: Best for Subscription Pricing ProMerchant: Best for High-Risk Businesses Payment Depot: Best for High Transaction Volume Square Merchant Services: Best for Startups Helcim : Best All-in-One Platform National Processing: Best. Typically, US banks need the past 3 months processing history, and EU and offshore banks the past 6 months. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Check processing. So, when a nutraceutical company applies to a bank for a merchant account to accept debit and credit transactions, it hits a wall. That’s where we come in. Merchant Portal; Payment Gateway, Payment XP; FAQs; 1. A simple, easy to find return or refund policy. High risk products are products and services that are sold by merchants who operate within high-risk industries. 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. Factors such as fees, security, customer support, and compatibility with your business model need to be carefully evaluated. The setup time for a nutraceutical merchant account can vary based on factors like your business model, processing history, and compliance requirements. Nutraceutical Credit Card Processing. Signature Payments is the #1 payments company in the industry of high risk vape and E-Cig merchant accounts. With high chargebacks, continuity billing and excessive friendly fraud cases, it is not surprising that nutraceutical merchant processing is considered higher risk for traditional banks and payment processors. Apply Now. At a compounded rate of 21% per annum, this dream will most likely come true. – Webcam and Live Video Streaming Sites. Having built a network of acquiring banks that work with high risk industries, Instabill offers affordable nutraceutical merchant accounts. A high-risk merchant account is a holding account where money is received after the customer’s payment reaches. com. Pet supply merchant accounts Storage facility merchant accounts with. Home; Merchant Services. This includes the sale of Supplements, Vitamins, Herbs, and other Nutraceuticals, that may be considered High-Risk by some payment processors. What Merchants Say. No longer will customers call to purchase or. Free setup and zero upfront fees. Many patrons of online pharmacies are having trouble purchasing medication from cheap, international online pharmacies using credit cards. Increase your nutra merchant account stability with the right merchant account adviceBy taking these steps, you can find the best nutraceutical merchant account providers that best suit your business's needs and helps you navigate the complex regulatory landscape. Streamlines management of multiple accounts. Process over $300,000 per month. Published on November 7, 2018. FintechMerchantAccounts works with nutra merchants understand how tough it can be for Nutra business owners like you to get approved for standard. This is particularly true for nutraceutical companies that need to harmonize customer needs while operating in full compliance with industry laws and regulations. If there were ways to fight aging, promote sexual health or achieve weight loss without surgery or prescriptions, wouldn’t you? This is the premise on which nutraceutical companies operate – that most people want to improve their health, but may not want to undergo medical procedures or take medicines with chemicals they don’t trust. Host Merchant Services: Best for large high-risk businesses. It takes just a few minutes to complete. That means more risk, to your business and to. S. New broker business echeck accounts are easily approved and set up. 3% plus 30 cents for invoices. Merchants with businesses that require high risk credit card. To setup a payment processing account for Nutraceuticals Business, there is nothing like one size fits all. Nutraceutical merchant processing history is also an important part of underwriting procedures with plenty of attention given to chargeback ratios. EMB has partnered with Shopify to meet your payment processing and merchant account needs. The nutra industry has seen an annual growth rate of about 6. Vape and E-Cig Merchant Accounts. Nutraceutical companies seeking a merchant account can turn to National Merchants Association (NMA) – High Risk Done. PLUS you’ll earn these commissions for the lifetime of their account. Diversify your nutraceutical merchant accounts to mitigate risk. Many big merchant account providers refuse. First, the industry is regulated. What is a High Risk Merchant Account? Merchant Accounts for businesses are classified as risky for many reasons, including brand new business, poor credit history, operates in a high risk industry, processes a high volume of transactions or high ticket transaction values. Your customers need an integrated and secure payment gateway to purchase their supplements. EMB is recognized as one of the most experienced high risk providers in the industry. While the industry has operated without many regulations, the Federal Government has threatened to clamp down with online payments. In the thriving nutraceuticals digital marketplace, the role of advanced payment systems is crucial for businesses to thrive. Multi-currency settlement.