An ACH (Automated Clearing House) merchant account is a type of bank account that enables businesses to accept electronic payments from their customers through the ACH network. Despite the incredible growth potential, nutraceutical businesses are still treated as high-risk merchants by banks and payment processors. 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. From our experience with fitness merchant accounts, online vendors typically begin processing a few low-ticket online videos and other digital offers. SeamlessChex can set your business up with a nutraceutical merchant account you can trust. Apply Now. 33408. North Palm Beach, Florida. 6% + 10 cents for every tap, dip, or card swipe that happens in person. It features a complete payments. eDataPay. A merchant account is a type of bank account that allows businesses to accept payments via debit or credit accounts. While the industry has operated without many regulations, the Federal Government has threatened to clamp down with online payments. The Allied payment gateway has an industry-leading 99. Next, you need to choose an MSP that can support your business goals. That means more risk, to your business and to. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. Advanced Liver Support. A high-risk business is a business that has certain unique credit card challenges that are specific to how it processes payments. 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 transactions. Signature Payments is the #1 payments company in the industry of high risk vape and E-Cig merchant accounts. North Palm Beach, Florida. com. Merchant accounts provide entrepreneurs and individuals alike the ability to generate revenue using their own website or preferred eCommerce solution. There are two main reasons for this. Press cmd + d to bookmark. PayDiverse offers CBD payment processing at the lowest industry rates & has multiple banks that accept CBD merchant accounts. Stay informed with our e-newsletter. Easy Pay Direct offers top tier merchant account services with outstanding customer support. You can further break down this definition into the following points: How merchant services work: The behind-the-scenes processes that are required for a business to take and accept a payment. Experience Unmatched Payment Solutions. However, there are various high-risk merchant accounts that nutraceutical companies can apply for to process credit cards through their website and avoid expensive FDA studies. 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. accounts for nutra businesses to be considered high risk by banks and regulatory bodies. MIDs are considered a highly sensitive information. We get nutraceutical merchants approved when other processors decline. Unlike traditional processors, they are more willing to work with high-risk businesses. Tip: The above factors would require nutraceutical companies to have a higher minimum security deposit for their merchant accounts. Published by Max on January 24, 2023. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. In terms of account risks, a merchant account provider tends to be the more stable option, with less chance of sudden freezes or account terminations. Full merchant account provider. Of course, the large team will be there to assist you in completing the kit before sending it to the bank. As a kicker…. The first step on your path to a new merchant account is starting the Easy Pay Direct application or if you would rather chat with someone to find out more, call us at (800) 805-4949 *. Services. Affirm’s acquisition of Paybright is complete. We take a consultative approach to analyze your situation and determine the best options for your merchant account. Visit Website. S. For some processors, this level of risk is simply too high. Plus, doing $50,000 a month minimum in business is nothing new to you. However, the first questions to have answered should be about the processor’s experience and tolerance for the nutra business model. Vape and E-Cig Merchant Accounts. CVV stands for “card verification value,” which serves as an additional security feature when you’re making “card-not-present” purchases, like over the internet or phone. The merchant ID is used for a variety. Step 4: Sell your nutra. Categories . Whether you are interested in opening an electronic cigarette shop, or an adult related “membership” website – we have the solutions that you need. You have full access to Quick-click™ once you are logged in to your test account or your live account . One of the biggest concerns of website owners is the types of payments available, and how to be approved for a merchant account with the high-risk nature of online fantasy betting. Our picks for the best free merchant accounts include Square, Chase, Stripe, PayPal, and more. This is where you will log in to your control panel. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. HRMA-LLC specializes in high-risk merchant accounts and high-risk credit card processing. The nonprofit’s donation moves from the credit company into a non-profit merchant account. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. and Canadian shoppers. $35/month. Vitamin & Health Merchant Processor. Easy Pay Direct offers Transaction. You will be taken to the “Easy. Merchants experience resistance to tobacco credit card processing during card-not-present (CNP) transactions. Payline Data: Best for subscription-based businesses. 65%, Visa will request an investigation into the cause and that an action plan be developed. Nutraceutical Merchant Account. Supplements and Health products - Continuity Sales - Trial Sales - Straight Sales. Supported industries: Adult services, CBD, online dating, vape sales. Our tailored approach ensures a seamless integration into your existing systems, allowing you to focus on what matters most: growing your business. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy,. Get Payment specializes in offering high risk nutraceutical merchant accounts, tailored to meet the unique needs of businesses in this industry. This has created a significant demand for online credit card sales and nutraceutical merchant account services. You need EMB. Nutra products by definition include herbal tinctures, vitamins, dietary. We offer: Retail Payments: We can help you process all types of retail payments, including credit cards, debit cards, and electronic checks. To save yourself and your business a headache, you need to locate a high risk merchant account processor. Nutraceutical Merchant Accounts Ready to take your nutraceutical business to the next level? Merchant accounts for nutritional supplements We are the #1 provider of. Finding a merchant account for your nutraceutical business can be a challenge. Accept payments from US and. However, despite its success, the credit card associations of Visa and MasterCard are still labeling the industry as “high risk”, which is making it incredibly and unnecessarily difficult for businesses to set up the nutraceutical merchant. The ACH network is a system that facilitates electronic transfers between bank accounts in the United States. Third-party processor. Canadian Merchant Account; Card Scheme; Cashless ATM Program; CBD;Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. As a growing industry, the demand for nutraceuticals and. We support all kinds of merchants, including those looking for nutraceutical or supplement merchant accounts. Quick-click™ is Easy Pay Direct’s free priority shopping cart that allows merchants to connect products or services on their website to the Easy Pay Direct gateway. As a kicker…. . We at EMB, or eMerchantBroker. By using them, you agree to these. You will be contacted within one business day . With a high average sale amount, the more “risk” there is to the processor in the event of charge backs. We help business owners like you keep their focus on making money. Once approved, the merchant account deducts the transaction amount from the customer’s credit card. We work with companies that need reliable, secure payment processing solutions to nutraceutical merchant accounts. Further projections have the U. Merchants are expected to submit the following documents to kick-start their underwriting process: Valid government issued identity card. Nutraceutical Merchant Accounts; Tech Support; High Risk Merchant Accounts; Low Cost Credit Card Processing; CBD Merchant Accounts. We provide secure payment gateways (shopify, woocommerce, etc), ach & credit card processing. 95/month. A Merchant ID number (MID), is a unique code assigned to a merchant by their payment processor. Other products and services considered high risk. dba Allied Payments. Our payment gateway services give you access to information regarding your merchant account solutions. SeamlessChex can set your business up with a nutraceutical merchant account you can trust. government regulates nutraceutical businesses, which means these. We offer fair, transparent pricing for high-risk merchants, starting from 1. Ideally, this type of nutraceutical merchant account utilizes the credit card machine or point of sale. Still, we deal with various banks, processors, and solution providers that we can find a solution. Collagen Plus. . Businesses selling dietary supplements. Without a mer. The supplement industry experiences chargebacks because the products are not under heavy regulation by a government body. Fortunately, TailoredPay can help businesses in the nutraceutical industry find the right high-risk merchant account for their needs. Power Your Business With Nutraceutical Merchant Accounts and Payments From Scalesafe Payments — Easy, Reliable, and Secure. Cannabis seed payment processing that allows you to accept credit cards or other cashless payment methods online has been down a long, rough road! Interestingly, the cultivation and sale of cannabis seeds is perfectly legal in more places internationally than the cannabis flower or plant. You can find your MID number on any of the following three places: either on the top right of your monthly merchant statement, on the sticker on your credit card, or your credit card transaction receipt. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. With the nutraceuticals market expected to become more competitive next year, this last quarter is the best time to start mapping out marketing strategies that will help you stay on top of the game. We at EMB are here to help you, via email, phone, or live internet chat. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. Credit Card Processing for Vitamins. Tier 2: Payment Depot’s most popular account tier, this plan caps at $75,000 in credit card volume per month. Adult Merchant Account Integrations. Quick & Easy Merchant Account Setup! Contact our nutraceutical team. With the right nutraceutical payment processing. Credit Card Processing, Payment Gateway, Point of Sale Systems, High Risk Processing. Nutraceutical Merchant Accounts Ready to take your nutraceutical business to the next level? Merchant accounts for nutritional supplements We are the #1 provider of merchant accounts for the nutraceutical industry, connecting you with payment solutions in as little as 48 hours after approval. New Product. Flat-rate pricing. Particular nutraceuticals may contain undeclared or unlicensed ingredients. The “Risk” in High Risk Merchant Accounts Even though you have a. 02 billion (2023). 15 per transaction. Merchant Account for Nutraceutical Products In the event, if you are included in Nutraceutical deals, as you know that it can be hard to acquire merchant services for Nutra product sales. Hundreds Of Integrations In One. Medical Service. The Federal Drug Administration, the entity in charge of food and drug regulation, does not. High Risk Solutions designs customized merchant account solutions for this industry niche. Domestic and international solutions with no contracts, low rates and next day funding. According to reports, the global nutraceutical market is worth $233. A nutraceutical merchant account from PayFasto, will help your nutraceutical business with all your. Look for vendors that use language stating they are friendly to your business. Our clients enjoy our feature-packed merchant services including: Streamlined operations with one point of contact dedicated to your needs. Main Street Technologies, Advance Auto Parts, South Central Pallets, Discovery Network, Ace Hardware. Without a mer. Anyone interested in starting an online fantasy business must be knowledgeable about the interworkings of the industry before starting. Design and host your adult website without worry with one of the quickest growing hosting providers for adult content. There are two main reasons for this. Some high-risk ACH processing providers charge a flat rate. Fees also vary by card type. NACHA , which operates the vast ACH network within the United States, doesn’t set the interchange fees associated with ACH payments. Nutraceutical merchants often have trouble finding online credit card processing and a reliable nutraceutical merchant account, which seems ludicrous considering that nutraceutical industry, or “nutra” industry as a whole brings in a yearly revenue totaling $181. If you have additional questions, or need clarification on any of these answers, email us at [email protected], or call 1-844-843-6111. This has led to a vastly increased demand for nutrients, herbal products, organic foods, and. A merchant account is a specific type of bank account that allows merchants to accept payments. Get Your. Higher payment processing fees. Protect your nutraceutical business from exorbitant bank holds and reserves. They average 1. High Risk Pay has got you covered. Nutraceutical Merchant Accounts; Online Gaming Merchant Accounts; Online Pharmacy Merchant Accounts; Recurring Billing Merchant Accounts; Tech Support Merchant Accounts;. Plus, doing $50,000 a month minimum in business is nothing new to you. net: Best for fraud prevention. Few providers offer customized end-to-end payment solutions and some don’t. The names generated are examples only and may be used by other businesses or subject to third-party rights. First, the industry is regulated. A Cardpay Solutions Gateway and Merchant Account is required. Host Merchant Services: Best for large high-risk businesses. Nonetheless, experienced payment companies. Step #5: Get Help From the High-Risk Merchant Services Experts. Free application with no obligation. To save yourself and your business a headache, you need to locate a high risk merchant account processor. Reserves can be held for 180 days after account closure before they are released. With online businesses, this convention is the norm. Professional Service. Nutra has nothing to do with pharmaceuticals. Despite the fact that international drugs are 60 to 70 percent less expensive than drugs from the United States, Mastercard and Visa have formed an alliance with the Center for Safe Internet Pharmacies (CSIP) to stop the. 9% plus 30 cents per transaction. Without a fully optimized Google Merchant Center account, your Google Shopping campaigns have no chance of functioning—let alone succeeding. k. 15% + $0. Nutraceutical Merchant Account; Gun Friendly Credit Card Processors; Apply Now; THE SOUTHERN INSTITUTE – FLORIDA’S PREMIUM CDB. info@eskaypay. 576. 3% in recent years, and in 2015 the industry grossed $74 billion in the United States alone. A nutraceutical merchant account is a custom-made bank account for businesses in the nutra space. This is a private code sent to MasterCard account holders’ mobile numbers or email addresses that provides additional security to every transaction. DigiPay’s expanded network of banking relationships accepts the nutraceutical business category and provides competitive rates, terms and conditions. We cater to both online and physical stores, including high risk industries, CARDZ3N offers a single solution that handles all. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their. And they make it difficult for merchants to get and keep a. Vape and E-Cig Merchant Accounts. You pay 2. Today, more and more people are embracing holistic and natural forms of healthcare. This has left numerous organizer or business owners. Our merchant accounts allow for subscription, recurring, and auto-ship billing models. Nutraceuticals are the nourishing components (hybrid of nutrition and pharmaceuticals) that are biologically active and possess capability for maintaining optimal health and benefits. twitter. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. Domestic and international solutions with no contracts, low rates and next day funding. Welcome to B. facebook. Make sure your new MSP offers a dedicated merchant account and can meet all of your needs for processing payments in. A simple, easy to find return or refund policy. When choosing a merchant account provider, one should always be sure to ask the right questions — things such as rates, fees and funding time are all very important. High-risk merchant accounts sometimes come with challenges, including: Higher merchant fees. The Advantages of a High Risk Merchant Account for Nutraceutic. Apply Now. This has led to explosive growth in vitamins, supplements and other products that are intended to help improve people’s health without drugs or surgery. 6% plus 10 cents per transaction. A Terminated Merchant File is used by processing companies to screen merchant account applicants. In today’s ever-changing health and business landscape, the convergence of NMN, nutraceuticals, and merchant payment processing is revolutionizing our approach to well-being and financial…Your nutraceutical merchant account could be slowly bleeding you dry and sucking out extra capital. This is your Merchant activity dashboard. Get approved for a nootropic, supplement and nutraceutical merchant account. A Merchant Account Focussed On the Needs of Nutraceutical Products. We at SeamlessChex understand the challenges faced by online supplement businesses, for we excel in managing fraudulent charges and high chargeback rates. No longer will customers call to purchase or mail a check. Just because nutraceutical businesses are considered high risk doesn’t mean they should be subjected to high merchant account fees. Here are answers to some common questions about the Merchant Application process associated with Vantiv Payments for eCommerce. Nutraceutical products are normally classified as high-risk. For this, your first stop should be with EMB. Square’s pricing is always transparent. S. This means that merchants in high-risk industries have a better chance of getting approved for an account. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their companies are treated. Online Credit Card Processing. Username: Password: Login. Online Payment Processing For Internet Businesses. Search for Business Services Log in Sign upBy establishing a merchant account reserve, your processor can safeguard their funds, even if it imposes additional difficulties on you. We will assign you a merchant account manager who will help you from the application process to your final payout. Taking a credit card payment may seem simple enough. The U. Currently the. Safeguarding your nutraceuticals' digital sales with best practices for secure payment processing ensures trust and reliability for your customers from. The company filed its unaudited financial results for the nine months ending September 2023, a statutory requirement for companies listed on the NGX. The United States’ nutraceutical market has taken a major blow as inquiries led by legislators have revealed that many vitamins and nutraceutical companies are lying about what’s in their products. Gain insights into secure payment solutions. You can filter the date range from 7 days to 30 days. With these requirements in mind, businesses can qualify for a nutraceutical merchant account more quickly by working closely with their payment processor. Advanced Memory Formula. DirectPayNet has established an impressive reputation for delivering high-risk nutraceutical merchant account solutions in this commercial industry. DigiPay’s expanded network of. Accounting for over $60billion in annual revenue, the nutraceutical market is expected to surpass $100billion by 2024. Fast approval Peptide merchant accounts & credit card processing solutions for profitable peptide supplements,. These transactions are ideal because the customer is present at the time of sale. Get the processing capacity you need to manage & grow your nutraceutical business. AllayPay works with the most amount of banks that specialize in the nutraceuticals industry than any other credit card processing provider, and will ensure that you get a nutraceutical credit card processing account immediately. An ACH merchant account allows businesses to receive. Your customers need an integrated and secure payment gateway to purchase their supplements. These transactions include telephone orders (MOTO) and online. Secure your e-commerce merchant account with Qleen Pay and gain access to a reliable payment processing solution tailored for your online business. This will assist in the simple acceptance of a nutraceutical merchant account. 1. These can all be flags for a high risk merchant account. High volume Nutra merchant accounts are our specialty. Peptide Merchant Account. 1 2. Your Cardpay Solutions merchant account must have Customer VaulteMerchant Authority prides itself in being a leader when it comes to the provision of merchant account solutions. The issuing bank (a. Apply For a Merchant Account Since a huge percentage of nutraceutical sales are done online, you would need a reliable payment processing provider to help you take care of credit card purchases made on your website. Therefore, a high risk merchant account is required for these retailers to accept credit & debit cards. We at EMB, or eMerchantBroker. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. Once a business hits a ratio of 0. Why Join NMA? NMA Member Benefits; From Our MembersHighRiskSolutions. The best nutraceuticals merchant account. Underwriting Nutraceutical Merchant Accounts. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. In addition, we can set up alternative payment methods such as ACH payments and E-checks. For high-risk merchants, credit card processing online can be a challenge because of their corporate location or the industry they are involved in. 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. Whether you need a single account or multiple, Easy Pay Direct can guide you through the process and help you secure the perfect account for your unique business. And More…. We will also give you a few tips on how to choose. Nutraceutical Merchant Account. Our proprietary echeck payment platform is operated 100% by the firm. Fraud Prevention. Without a mer. So a merchant account is an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions. Dharma Merchant Services. Get Started Today. This merchant accounts includes many major nutraceutical payment gateways and website shopping carts and making shopping process simple. Online merchant account is without a doubt very risky and has a high risk to chargeback and fraud so the best thing is to apply security tools to prevent such risks. From the gateway, you can setup different products, shipping costs, tax. You don’t have to apply for a new one if you wish to use Stripe. Experience the Difference. Your creditworthiness is evaluated to determine your eligibility for a nutraceutical merchant account, considering various risk and market factors. This is especially likely if you sell your products online. Nutraceutical merchants often have trouble finding online credit card processing and a reliable nutraceutical merchant account, which seems ludicrous considering that. Apply for a merchant account. Third is vaping and e-cigarettes. It takes just a few minutes to complete and you'll be on your way to getting approved and getting your new Nutraceuticals store up and running. Websites obviously can’t take cash, so in order to make money, you have to create a merchant account that allows you to take credit cards, ACH payments, check, or other online. Easy Pay Direct has been amazing!Retail tobacco shops can generally find payment processing for their business with ease. At Scalesafe, we specialize in securing merchant accounts for businesses of all sizes. 5% + 15 cents when you manually key in a transaction. However,. Plus, you’ll never be charged a setup fee or application fee. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. Merchants in need of a high risk merchant account can find affordable payment processing without the excessive fees that other merchant services providers charge. Save Money With eDataPay Top Merchant payments and Media advertising Providers for Small Business. Contact us today at 1-877-296-3690 to. PAYFASTO NUTRACEUTICALS PROCESSING DETAILS. Fill out EMB’s fast and easy online application. SecureGlobalPay can assist with High-Risk Merchant Accounts for Nutra, Diet Programs, Weight Loss Supplements, and all Nutraceutical Related Businesses. Merchant accounts can be used in various ways, whether the merchant operates a storefront or the business accepts credit cards through a card-not-present (CNP) environment. A nutraceutical merchant account furnishes business owners with the capability of accepting credit cards and debit cards for payment processing in the nutraceutical industry. The MasterCard 3D Secure code is only for one-time use and is only. Why the Nutra Industry is considered High Risk. Online Gambling Merchant Account. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. Uses the WooCommerce built in checkout so the customer never leaves your website; AVS and CVC responses are shown on Order Detail page to assist with fraud prevention; Requirements. Merchant Advantage’s Post Merchant Advantage 22 followers 1moIn his spare time, Cris enjoys cycling and doing crosswords. EMB isn't just your solution for a merchant account, we offer a wide range of business services, including business funding, chargeback protection and prevention, and enterprise consulting. When you integrate with Easy Pay Direct’s gateway, you’re integrating with every major processing platform and payment provider in North America – and an ever expanding network outside. Integration Help. Pos Systems. 6% plus 10 cents, while the fee for a high-risk account might be 2. Our key services include: Payment Gateway Integration: Seamlessly integrate payment gateways into websites or applications for secure and convenient online transactions. Interchange-plus pricing. Even if you have been previously rejected by other credit card processors or have a bad credit score and. 800. Many patrons of online pharmacies are having trouble purchasing medication from cheap, international online pharmacies using credit cards. We offer a fee structure that is 25% less than the competition and we get those fee reductions for most of our high-risk nutraceutical merchant accounts. Major banks view sectors like CBD, nutraceuticals, and cryptocurrency as too risky for standard merchant services. 🔸🌟 Evaluating Chargeback Dispute Resolution Strategies for Nutraceuticals Business 🔸🌟 As the demand for health and wellness products continues to soar…When chargeback rates hit 2 percent, payment processors can lose money, so underwriters often deny nutraceutical merchant account applications. The bank where you have your merchant account is referred to as a merchant acquiring bank (sometimes just referred to as an acquirer). Resources; Have any Questions? Call us at (800) 621 - 4893; Are you an Agent? Get Started; Already a Member? Merchant Login Agent Login; Sign in. We get nutraceutical merchants approved when other processors decline. To apply, first you need to complete the online application (which takes about five minutes), and upload any additional required documents. Six steps one should make to open a nutraceutical merchant account: 1. This is well over what Visa considers an excessive level of chargebacks. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the region. After a customer adds an item to their shopping cart, they view payment options and check out. According to the results, the. The label “ high risk A merchant that is considered a high risk based upon the credit,. You can load multiple merchants into ONE gateway and it will automatically split your sales across those accounts. 20-$1. No matter how beneficial taking vitamins and supplements may be, a nutra merchant account is extremely difficult to get approved for payment processing services. For this reason, they will put certain industries or business types on their restricted merchant list. In 2020, the nutraceutical market is projected to hit $91 billion, up from $58 billion just five years ago. Safeguarding your nutraceuticals' digital sales with best practices for secure payment processing ensures trust and reliability for your customers. 4 billion as of 2015, and is estimated to reach $204. . High-Risk Merchant Services for Nutraceuticals | National Merchants. At DirectPayNet, we. A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. With technological advances, the payment services industry has evolved, with payment processors offering merchants new platforms to accept payments. Or Call: 800-993-6300. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway. 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. Easy account setup; A lot less commitment than a direct merchant. Without a merchant account, these businesses have no way to accept credit and debit card transactions. Visit Site. Tier 1: This is the right option for businesses that process under $25,000 per month. We provide reliable solutions for supplement merchants. Our offshore solutions provide long-term simple solutions to merchants who would otherwise be unable to process credit card and debit card transactions. Compliance Support. It’s time to upgrade or switch your nutraceutical merchant account and focus on these new marketing techniques for 2021. If you run a cash-only business, you can get away with not having a merchant account. Understand more about being in high risk verticals by researching payment review websites with key information. Nutraceuticals encompass a broad set of dietary supplements, natural medicines, health supplements and health maintenance substances that are free from FDA regulations and are widely available over the counter. 3% for a debit card. QUESTION: WHO IS VANTIV?A: Vantiv is a leading, integrated payment processor. Get a secure Nutraceutical Merchant Account with QuadraPay. Even if those products contain terpenes that are derived from cannabis, we can still provide payment processing.