We approve the accounts, manage risk, clear payments, and pay the forex merchants. Your business generates five to six figures every month. That timeframe can vary based on your business and your credit history. If you sell vitamins, herbal products, or supplements, you will likely have to open a high-risk nutraceutical merchant account with your bank or payment processor. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. At UniBul, we give you a nutraceutical merchant account with: Fast application approvals. SMB Global: Best for international merchants. Of course, the large team will be there to assist you in completing the kit before sending it to the bank. Membership. Call us Toll Free (866) 509-7199. Here’s how our reliable and specialized payment processing solutions can give your business the confidence to scale quickly: 25+ Acquiring Banks to Choose From; Dedicated and Responsive Payment Experts; Flexible and Scalable Merchant Accounts; Chargeback Reduction Solutions; Set Up Your Nutraceutical Merchant Account Today. NMA investigates the Nutra firm and evaluates its payment processing history. Two of the most common supplements today with difficulty in securing supplement merchant accounts have been SARMs and Peptides. Get Started Today. regulations that dictate other. Our Internet merchant account services provide businesses with the reliability and security to run smoothly and thrive over the Internet. Your company is growing and needs another merchant account. FintechMerchantAccounts works with nutra merchants understand how tough it can be for Nutra business owners like you to get approved for standard. Approvals: 5 business days to 2weeks. – Adult Cruise Lines. A virtual terminal is a web-based application and requires no additional software. But, understandably, they make. Despite the money-making potential for nutraceutical businesses, companies are. They additionally battle to secure the. Payment gateways. Pricing for Nutraceutical Merchant Accounts. A virtual terminal connects to a secure payment processing gateway. The main types of payment processing services include: ACH (eCheck) Check 21. Step 4: Sell your nutra. The merchant can withdraw money from here. While these processors have reduced the acceptable business models, there have been banks emerged with a risk appetite. Nutraceutical-friendly merchant partners should be sought from the start. However, we commit to provide the lowest rate to your merchant account. There are two main reasons for this. We provide natural supplement merchant accounts for the following: Startups and existing businesses – we help all types of businesses. A merchant account is a specific type of bank account that allows merchants to accept payments. 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. Complete, Secure Payment Processing Solutions. The reason is that there is a growing interest in health and wellness, and the demand for dietary supplements is increasing rapidly. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. It’s undeniable that the nutraceutical market goes on growing at a rapid pace. 70 70. To setup a payment processing account for Nutraceuticals Business, there is nothing like one size fits all. com’s expert team can help you receive a merchant account for your online, shopping cart, recurring billing or free trial nutraceutical business in as little as 24 hours. The company offers a wide range of retail and e-commerce solutions for most business types, including adult, auto parts, collections, credit repair,. First Card Payments Ifyou’re starting a nutraceutical business, you’ll probably find that setting up payment processing Read: Nutraceuticals Business Guide. As consumers increasingly turn to dietary supplements, vitamins, and herbal remedies for health and wellness. TailoredPay also works with both small and large businesses across multiple industries and sectors. 4 billion as of 2015, and is estimated to reach $204. lately, this could cause a swift decline of nutraceutical imports and put a major dent in some or all industry profits. Telehealth medical providers appreciate the ease and convenience of having payment processing included with the telemedicine software. Accepting checks requires using the customer’s bank routing number and checking account number to debit funds without a physical check present successfully. 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. High volume Nutra merchant accounts are our specialty. Choosing an ideal payment gateway for your nutraceutical company whittles down the risks that come with processing. What Are Nutraceutical Merchant Accounts? A nutraceutical merchant account is required to accept and process card payments. High-risk industries such. (801) 829-9495 Apply Today A Comprehensive Guide to Nutraceutical Products and Securing a Merchant Account for Payment Processing While the process of securing a. This includes wrinkle creams, dietary supplements in powder form, and libido. Check processing. 1 billion. In 2015, US sales were about $74B or 40 percent of the global market. The nutra industry has seen an annual growth rate of about 6. It’s perfect if chargebacks are tiny. EMB isn't just your solution for a merchant account, we offer a wide range of business services, including business funding, chargeback protection and. Pet supply merchant accounts Storage facility merchant accounts with. Our check solutions offer fast ach deposits to your existing business checking account for quicker cash flow. 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. We find the best payment processing solutions for your company! Learn more. The final step in your custom nutraceutical supplement business is to begin processing payments on your site. We charge the fees differently based on several factors: merchant processing history, industry type (low or high risk), projected sales volume, etc. S. Take a look at your ACH payment processing, merchant accounts, and how your company handles chargebacks. Whether businesses require a virtual terminal or only need a gateway, Allied Payments can help. Accessibility Click here for Accessibility adjustments. Online Credit Card Processing. #SharkProcessing #B2B #Highriskindustriessupported #internationalmerchant #Highriskpayment #paymentprocessing #creditcardprocessingA head shop merchant account is a payment processing account set up exclusively for head shops. A merchant account is a specific type of bank account that allows merchants to accept payments. Secure online payments with bank transfers are like cash payments and cannot be charged back. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. One of the riskiest is the nutraceutical industry, which affects most consumers on a daily basis. Call First MCS at (866) 673-3099 to learn more about how we can help businesses in the nutraceuticals industry in the Chicago, IL area. Skip to content. According to a recent report, the Global Nutraceutical Market was valued at $382. 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. That timeframe can vary based on your business and your credit history. As specialists in high risk payment processing, we have the industry relationships necessary to help you obtain or improve. The setup time for a nutraceutical merchant account can vary based on factors like your business model, processing history, and compliance requirements. According to Research and Markets, the industry will count for over $75. 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. 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. – Adult Magazines. com. No caps on your. The market is projected to reach USD 220. A payment gateway is a bridge between the merchant, the customer, and the issuing bank that helps process transactions. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. Underwriting Nutraceutical Merchant Accounts. Strong descriptors that include a customer service phone number. Without a merchant account, these businesses have no way to accept credit and debit card transactions. 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. Depending on several factors — industry type, processing history and sales volume — our merchant account fees are fair, competitive and consistent within the industry. Compare quotes from merchant providers who understand supplement & nutraceutical payments! Access 90% of UK's leading merchant acquiring banks. Get a Merchant Account to Sell Supplements Online From MID Kingz Solutions. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. Nutraceutical merchant processing history is also an important part of underwriting procedures with plenty of attention given to chargeback ratios. Oct 17 -- 6 In today’s dynamic landscape of health and commerce, the convergence of NMN, nutraceuticals, and merchant payment processing is reshaping the way we approach wellness and business. Merchant Accounts. Internet based Nutraceutical Product transactions are conducted on our 100% secure platform. International accessibility. According to a recent report, the Global Nutraceutical Market was valued at $382. Of the entire US sales volume, 37 percent were in dietary supplements. Along with the application, merchants will need to submit the following items to. com, know that nutraceutical merchant accounts are hard to come by. 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 first step is identifying your exact vertical. This labeling has made applying for and approving a merchant account difficult. The most recent negative review mentions held funds: Signed up for a processor sent all needed information, Just for funds to be held and canceled 90-180 days. Early warning chargeback prevention services. 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. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Copy of the fulfillment agreement. Chargeback protection. 6 billion by 2017. But while the industry continues to gain legitimacy, and an eager public continues to purchase nutraceuticals every day, we have to wait for regulations to catch. It is projected to leap 20 percent by 2019, and reach $6. To get a merchant account, one must submit an application with a merchant account provider. 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. 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. The Florida-based merchant account provider, Allied Payments is capable of serving most domestic high-risk business types. You fill. Accounting for over $60billion in annual revenue, the nutraceutical market is expected to surpass $100billion by 2024. However, we commit to provide the lowest rate to your merchant account. In fact, many banks have. SMB Global: Best for international merchants. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. S. Supporting documents include: ID for the signer on the account; business bank statements; payment processing history; and details about the business entity. If your business has a brick-and-mortar. Get Started Today. Credit card processing accounts for US nutraceuticals might take up to three working days to get approved in the United States. and also check your credit history. All of them are. The bank-to-bank transfers direct payment platform was designed specifically for high risk ecommerce businesses including nutraceutical merchants. At Allied Payments, we offer a wide array of merchant services, including payment processing, high-risk. Taking part in the growth of Internet sales of vitamins and supplements One portion of the U. Lesser food cravings. Merchants that are operating high-risk businesses online will also need to use the services of a payment gateway to accept bank card information from customers. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today! Back. 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. NACHA , which operates the vast ACH network within the United States, doesn’t set the interchange fees associated with ACH payments. 3 billion in 2022, and is expected to grow at a CAGR of 8. Offshore Nutraceutical Merchant Accounts (with payment processing history): Instabill requires 3-6 months of payment processing statements displaying your company name as well as total sales, chargebacks, refunds and returns. Minimum processing: $5,000 minimum for national. Business operated in high risk” industries (see list below) Business offer’s a free trial followed by a recurring monthly or annual payment. Allow 3-5 business days for approval of US nutraceutical credit card processing accounts. The list of industries considered high risk is long and includes nutraceuticals, magazine subscription services, CBD, debt consolidation, multi-level marketing, travel, and many more. Gain insights into secure payment solutions. The global nutraceuticals business reached total sales of approximately $180B in 2015; the industry projection for 2017 exceeded $204B. This percentage has grown in recent years and companies selling supplements have increased as well. If your online store needs a stronger merchant and payment. 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. So, what does it really mean to be Visa. The payment processor processes and executes the payment. From the jump, they were impressive. Overcome the toughest of merchant challenges & disapprovals. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. Peptide Merchant Account. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. Copy of the fulfillment agreement. Authorize. Our proprietary echeck payment platform is operated 100% by the firm. Our friendly and skilled representatives are standing by ready to assist you. You need EMB. Payment requests are initiated by the merchant and sent to the customer’s financial institution. Our friendly and efficient customers work 24/7 to help your customers with any issues they may be facing. Forex echeck processing solves your brokerage’s card payment processing problems. For high-risk merchants, credit card processing online can be a challenge because of their corporate location or the industry they are involved in. A high-risk merchant account is a holding account where money is received after the customer’s payment reaches. Essentially, the e-cigarette account serves as the. No Comments. The nutraceutical industry (“Nutra”) is no laughing matter. . Applying for a nutraceutical merchant account requires. streamline payment processing. 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. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. 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. These merchant accounts are also known as a "travel merchant services". Their consumption of calcium, Vitamin D, fish oil capsules, and supplements to keep joints moving without pain are at record levels. The MasterCard 3D Secure code is only for one-time use and is only. Three Months Processing history showing a at least $50,000 per month is required to qualify for an adult merchant account. Contact us to learn more about our services or start the application process today. One of our skilled high risk agents will be in touch within 1-2 business days to help explain the application and the process of obtaining a merchant account with us. It ensures that customer payments are processed securely, protecting both the customer and the company. This alert system helps keep. government regulates nutraceutical businesses, which means these. Nutraceuticals products are fortified food products that supplement diets with nutrients as well treat or prevent diseases. Apply Now. An ACH merchant account allows. If Businesses with a merchant account at a traditional bank that experience excessive chargebacks or a high chargeback ratio can have their accounts closed. Nutraceutical products are normally classified as high-risk. In most cases, rates vary from merchant to merchant and are contingent upon factors such as processing history and the merchant’s financial history. PayDiverse offers CBD payment processing at the lowest industry rates & has multiple banks that accept CBD merchant accounts. Today, we’re focusing on ways business owners can reduce those risks and minimize the effect they have on their merchant account. The number assigned to each merchant account to help with accounting, billing and customer service issues. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. All Nutraceutical Merchants welcome. Most of the account providers follow a two-step approval. Contact us today to discuss your needs, and we’ll provide you with a more accurate estimate based on your specific situation. Simply fill out the form below. Once a business hits a ratio of 0. Learn MoreGun Friendly Credit Card Processing; Credit Repair Merchant Account; Continuity Subscription Merchant; Large Digital Goods Merchant; Blog “Start Accepting Credit Cards Today” Get Approved Now ️. Also known as a tobacco shops, many financial services companies have distanced themselves from the industry. A high-risk merchant account will accept the risk and allow you to process credit cards. The Florida-based merchant account provider, Allied Payments is capable of serving most domestic high-risk business types. 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. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. Nutraceutical Merchant Account; Pharmacy Merchant Account;. “The biggest risk is not taking any risk” – Mark Zuckerberg Online pharmacy is a leading business on today’s eCommerce market. After decades of processed foods and unhealthy habits, nutraceuticals and the plant-based food revolution is gaining traction, though many are wary of medicinal uses of some of these products for a variety of reasons. The US share of the global market was substantial. PaymentCloud is the #1 provider for Nutra and supplement credit card processing because we can connect directly to the software and solutions that your business already uses. One of our skilled high risk agents will be in touch within 1-2 business days to help explain the application and the process of obtaining a merchant account with us. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. 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. 800. COMMON ISSUES WITH MLM MERCHANT ACCOUNTS. A merchant account is a type of bank account that allows businesses to accept credit card payments. 1 billion. This has led to more vape shops and online vape shops while increasing the need for ecommerce merchant accounts. Apply Now. Instant check verification services for ACH accounts and electronic check payments are used to validate bank account information prior to processing an echeck payment. These days, most. Processing History for Stripe, Square, and PayPal. Unfortunately, many credit card processors would lean toward not to work with nutraceuticals associations. Get Started Today. 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. Nutraceutical Products Credit Card Processing. Published on November 7, 2018. High Risk Nutraceutical Merchant Accounts. Get Started Today. Build good brand partnerships with influencers. The U. Medical Gift Card and Medical Discount Card Program. Retail Payments. Bank transfers are the safest online payment method available for nutra merchants. Texas Rules & Regulations for the Credit Repair Industry. According to the Council for Responsible Nutrition, 80% of Americans use some type of supplement. Shopify Payments Membership & Recurring Billing Nutraceutical Shopify Payments +208-806-2953 Membership & Recurring Billing Membership & Recurring Billing With a high. Nutraceutical companies offer a lot to their consumer base, which includes anyone looking to improve their health or beauty—so, everyone. With the constant changes in today's banking environment, it is crucial for you to have a strategic plan in place. A retail nutra merchant account allows your business to accept face-to-face credit and debit card payments via a credit card machine or point of sale system. Home; Merchant Services. Your customers need an integrated and secure payment gateway to purchase their supplements. We keep your money safe, so you can keep doing what you love. Free setup and zero upfront fees. Gateways; Cash Advances; Essential Services Menu Toggle. A high-volume merchant account is a merchant account that is specifically geared towards merchants who have a higher than normal volume. . 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. In fact, the industry is estimated to grow to a staggering $671 billion by 2024 worldwide. Incorrect data entry is the single most common cause of returned transactions. If you've been declined by traditional banks, we know the frustration and can help overcome those hurdles and sign you up for a merchant account in as little as 72 hours. 3. 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. The rapid expansion of the nutraceuticals industry –food and drinks with possible health advantages – is driven by current shopper trends. 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 exclusively sells online. Nutraceuticals tend to prolong the aging process, increase life expectancy, foil chronic diseases, and generally improve our wellbeing by boosting the functions and performance of the human body. S. What you need to look out for is getting locked in a long term contract while you are still on the first step and. Without a merchant account, these associations have no genuine method to recognize credit and check card transactions. Nutraceuticals and supplements aren’t exactly “conventional”. 51 billion in 2022 and is expected to reach a whopping $722. With access to hundreds of US and international banks, all payments are covered. offshore merchant account; credit card processing; solutions. Easy Pay Direct. Choosing the appropriate solution for merchant account processing is a critical decision for businesses. Get Started Today. 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. Get a Merchant Account to Sell Supplements Online From MID Kingz Solutions. To stay competitive, businesses must use. E cigs provide many of the same effects of nicotine without creating smoke, rather emitting water vapor. Nutraceutical Merchant Account. Implement solutions that will assist the nutraceutical industry the most. Multi-currency settlement. This is particularly true for nutraceutical companies that need to harmonize customer needs while operating in full compliance with industry laws and regulations. Nutraceutical Merchant Account. It is projected to leap 20 percent by 2019, and reach $6. Merchant Services For Travel & Entertainment Business | National Merchants. Many people in this audience prefer to purchase their. Merchant Uses of Payment Processing Services. So, when a nutraceutical company applies to a bank for a merchant account to accept debit and credit transactions, it hits a wall. 65%, Visa will request an investigation into the cause and that an action plan be developed. On average this is 5+ years!CBD oil boasts of many good sources including vitamin E antioxidants, magnesium, zinc, calcium, and many, many others. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. Nutraceutical companies seeking a merchant account can turn to National Merchants Association (NMA) – High Risk Done Right That said, securing a nutraceutical industry merchant account requires working with a payment provider specializing in providing high-risk credit card processing services to nutraceutical businesses. PLUS you’ll earn these commissions for the lifetime of their account. com today. They easily fall under the ‘High Risk’ category, but the opportunities of getting a huge market keep up the interest at a high degree. What Is Required for Firearms Friendly Merchant Services? For gun shop merchants to operate online and qualify for firearm friendly credit card processing, you need to submit the following required documents: 1. Based in Lindon, Utah, National Processing is a merchant account provider that serves both standard-risk and high risk merchant sectors. US accounts take 3-7 days for approval. Nutraceutical merchant accounts have also assisted the nutraceutical industry in a majority of ways. A merchant account is a specific type of bank account that allows merchants to accept payments. 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. Merchant accounts accept credit cards, debit cards, and other common types of online payment options, and having the right one can make the transaction process reliable and smooth for your customers. 3. Copy of call center agreement. Nutraceutical merchant processing history is also an important part of underwriting procedures with plenty of attention given to chargeback ratios. Due to regulatory and compliance concerns, these businesses face challenges in finding suitable merchant accounts and payment gateway solutions. With online businesses, this convention is the norm. Complete, Secure Payment Processing Solutions. One-time & Recurring Payments. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. How To Apply For A Supplements Or Nutraceuticals Merchant Account. With a. This tends to be a point that most nutra companies forget to address because they get comfortable with the payment processing company they work with; that should not be the case. The typical per transaction range is $0. A high-volume merchant account will allow you to have access to merchant processing services and online payment gateways. Fill out our online application. 1. Generally, our. The nutraceuticals industry is booming in the United States, but how is it fairing around the world? In India the nutraceutical market is growing at a rate faster than in the U. Our very lucrative affiliate program is unlike any others. 5%. Nutraceutical businesses can be very profitable. Apply Now. 55 billion this year and a projected CAGR of 9% for the next decade. Processing high-risk payments is crucial for businesses that handle online transactions. Durango Merchant Services: Best for highest-risk businesses. The rapid expansion of the nutraceuticals industry –food and drinks with possible health advantages – is driven by current shopper trends. At a compounded rate of 21% per annum, this dream will most likely come true. Cross-border transactions are also a risk factor and can make it difficult to obtain a merchant account. – Sex Toys. The nutraceutical industry, or “nutra” industry brings in a yearly revenue totaling roughly $181. Therefore, they require payment processing methods tailored to their needs. All this being said, having the proper card payment processing services for the sales of these products must be done via a high-risk merchant account. Debit PIN Pad and Stand Alone Terminal. We can process your payments quickly and efficiently, so you can focus on growing your. Reach out. Each nutraceutical merchant account is different. Our typical turn-around time is 3-5 business days. The most recent negative review mentions held funds: Signed up for a processor sent all needed information, Just for funds to be held and canceled 90-180 days. A Terminated Merchant File is used by processing companies to screen merchant account applicants. 2. These businesses are often rejected by standard merchant accounts because of the risk to banks. From products that improve joint health to those that boost intestinal health, the global nutraceutical industry provides countless ways for people to stay nourished and healthy. An EMerchant Authority nutraceutical merchant account allows you to accept all credit cards, meaning you can sell your nutraceutical products to customers from all over the world. This way, you are denied any chance of getting your hands on a merchant processing account. With. For credit card processors, the nutraceuticals industry presents both unique opportunities and challenges. For qualifying weight loss merchants with a strong credit card processing history, we can provide you with a virtual terminal, allowing you to accept payments over the phone and via mail order. All Nutraceutical Merchants welcome. Article by Jonathan Bomser | TouchSuite. However, eCommerce businesses benefit from the enhanced security of merchant account providers.