Obtaining nutraceutical credit card processing is a challenge sellers face. Nutraceutical merchants are first on the list of high-risk merchants. 1-888-909-4367. Great option for merchants targeting international markets. Just apply online, and we'll take care of. Contact Information CompliancyStep 4: Sell your nutra. By partnering with Get Payment, nutraceutical business owners can access secure and efficient payment processing solutions that address the challenges associated with the nutraceutical sector. Nutraceutical Merchant Accounts. This can help to reduce the user’s overall tax liability. Sponsor banks are responsible for ensuring their partners have strong compliance programs in place, including a. S. The requirements for keeping the account will be more stringent and the maximum chargeback rate will be lower than for other, lower-risk. All Nutraceutical Merchants welcome. The name “high risk” doesn’t really indicate unlawful or malicious activity; high risk basically implies that a merchant account needs extra. Home;. Allied CardPay provides affordable, reliable nutraceutical merchant account. S. Gross Sales Monthly Volume. However, most experienced merchant account service supplier can offer merchant account amenities but with us, you can avail merchant account for your high-risk businesses. Enjoy Next-day payouts and no rolling reserves 5. The best nutraceuticals merchant account. The Fedwire Funds Services is operated by the Federal Reserve Banking System. This allows the acquirer to offer payment services to their clients. RBC. Nutraceuticals are divided into three distinctive categories: functional food (probiotics, nuts, tomato products, yogurt), functional beverages (sports drinks), and dietary supplements (vitamins, minerals. Member Since: 1902. S. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. Banks will avoid your nutraceutical company while CWBPAY specializes in your nutraceutical company. 2) US Corporation. Many customers are simply dissatisfied with the effects of the products and opt for returns, meaning that nutraceutical companies suffer from higher-than-average chargeback rates. Learn the differences to keep your high risk merchant account up and running. 30 cents USD per online transaction, and 4. A nutraceutical is a very broad term in the supplement world. Accounting for over $60billion in annual revenue, the nutraceutical market is expected to surpass $100billion by 2024. The Nutra deals business is a big High-Risk Business but it is seen as considered high risk for. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their. G et an offshore merchant account is a legal way to receive payments by credit card in your business abroad. In fact, our low rate guarantee ensures you’re getting. Here at Integral Pay, we have have a superior amount of knowledge on Nutraceutical Merchant Accounts and will work with our bank acquiring partners to give you the best. Our Bank and Processor have worked within federal regulations to create the first traditional card processing solution for the industry. For an instant quote on an Instabill nutraceutical merchant account, call us directly at 1-800-318-2713 or simply click the button to get started. Fill out our online application. In certain situations, we can expedite the setup process in 1 business day. When you open a merchant account, you’re really opening a line of credit to accept credit card. No longer will customers call to purchase or. Also, FANF fees are calculated at a rate of 0. High Risk Nutraceutical Merchant Accounts. An Internet Merchant Account is sometimes referred to as a "MOTO" (Mail Order & Telephone Order) Account because they all require the ability to process a credit card payment when there is no physical credit card present to be swiped. 4 million US dollars by the year 2025. Published by Max on January 24, 2023. Be upfront about your policies. Therefore, they reject nutraceutical retailers. accounts for nutra businesses to be considered high risk by banks and regulatory bodies. WEB entry classifications for online bill payments rose 6. 2 billion in acquired debt, and these numbers just continue to grow with every passing year (approximately 15% each year since). If your bank is unwilling to accept the risk associated with your industry, you will need a high-risk merchant account. ePay Global is a trusted name in the market for providing a high-risk payment gateway for the all types of business, with specialization in Nutraceutical Merchant Account. These transactions include telephone orders (MOTO) and online. Dedicated to negotiating the best terms for your supplement & nutraceutical business. Because nutraceutical vendors are considered high risk merchants, accepting card payments can be a challenge; but not being able to accept these payment methods will almost certainly stifle the growth potential of the business and. Having built a network of acquiring banks that work with high risk industries, Instabill offers affordable nutraceutical merchant accounts. Here are the main benefits to you. Experian estimates that 30% of Americans have poor or bad credit, according to the company’s 2015 Vantage Score 3. Chargebacks: The 411. Many herbal products are also referred to as nutraceuticals. What is a Nutraceutical Merchant Account? Because banks typically deny funding and payment processing to this industry, more and more of these merchants are. 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. There are payment processors who specialize in high-risk merchant accounts. 2371 or 50 U. Both categories are ordinarily associated with free trials, chargebacks, false claims and customer complaints. . 0 likes ×When seeking an ideal solution for adult merchant processing, that includes online dating, strip clubs, adult book stores, novelties, toys, and websites that require memberships for pornography, it can be a tedious process to successfully accept debit and credit cards. For some processors, this level of risk is simply too high. Get a secure Nutraceutical Merchant Account with QuadraPay. Merchants find it very. Atlantech provides the best Merchant Accounts for Nutraceutical. How to open a nutraceutical merchant account in 2019. High Risk Nutraceutical Integrations. Square’s current transaction fees for CBD payments range from 3. High-Ticket Merchant Accounts. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today! Back. This includes the sale of Supplements, Vitamins, Herbs, and other Nutraceuticals, that may be considered High-Risk by some payment processors. We will provide an. We at SeamlessChex understand the challenges faced by online supplement businesses, for we excel in managing fraudulent charges and high chargeback rates. Both. Some of the benefits include: Network Merchants Inc. Luckily, PayMystic’s expanded network of banking relationships accepts. Sponsor banks are responsible for ensuring their partners have strong compliance programs in place, including a. Despite your businesses’ unique needs, most banks and merchant processors categorize and charge nutraceuticals companies the same way they would standard retailers or e-commerce stores, trapping you into the wrong pricing. Low conversions equally affect how an acquiring bank sees your ability to generate revenue and meet monthly sales targets. In 2018, seven democratic senators launched legislation to slow down the “revolving door” between major pharmaceutical firms and federal bureaus like the Drug Enforcement Administration (DEA) that control them. These can all be flags for a high risk merchant account. Multiple payment options. 5% plus 15 cents for manually keyed transactions. Secure online payments with bank transfers are like cash payments and cannot be charged back. While products change, one thing that stays the same is the hassle of locating a nutraceutical merchant account provider. Nutraceutical Merchant Accounts. The financial institution that maintains merchant accounts. An automatic clearing house or ACH payment is an electronic means of either depositing or withdrawing funds from a bank account. C. All There Is to Know About Getting a Nutraceutical Merchant Account. Company. Early warning chargeback prevention services. 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. The phone number for this merchant may have changed recently. Let’s say you sell a Sig Sauer P365 for $500. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. Nutraceutical businesses can be very profitable. Categories . High Risk Merchant Account;Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. Merchant bankruptcy is also a factor in why the nutraceutical industry is often viewed in a negative light. With regulations on payment processing getting more strict, you will need a solution you can rely on. net. 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. Acquiring banks, who pay interchange to the issuing banks, decide whether or not to pass. Built-in virtual terminal. Navigating FTC Compliance and Avoiding Legal Pitfalls in the Supplement Industry. Without a merchant account, these businesses have no way to accept credit and debit card transactions. With access to scores of US and international banks, all payments are covered. This regulatory uncertainty has made it so that sponsor banks are unwilling to underwrite CBD businesses for credit card processing. under a license issued by a jurisdiction whose government has been identified by the U. There are nearly 40 authorized credit unions operating in the province today, with some of them. Domestic High-Risk Merchant Account Requirements: UK or US based. 5% equals $8. Selling nutraceuticals is an interesting business. 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. Vitamins, Skincare, Nutraceutical The nutraceutical (or "Nutra") sector is not a laughingstock. Any merchant account provider that is allowing you actually to accept credit cards is doing so by defrauding their member bank. Nutraceutical related merchants who give awesome items at reasonable costs can hope to remain in business and appreciate outstanding income. This is because we do not grade supplements and vitamins as high risk companies. Accept credit card payments online hassle-free. Let your experts show you how to obatin a high risk Nutraceutical merchant acount, lower the number of possible chargebacks you will incur, and also prevent unnecessary fraud. Banks and traditional. 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. It can be difficult for merchants to find a bank or processor to work with, and the need to go with a merchant processor that specializes in high risk industries has become a necessity. These limits are typically between $25,000 and $100,000 per month. Durango Merchant Services: Best for highest-risk businesses. Offer your customers card, ACH, and echeck payment. 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. services. Apply Now. Fortunately, EMerchant Authority offers nutraceutical merchant processing services at an affordable price. These banks offer merchant accounts to companies they consider safe bets. Nutraceutical businesses are classified. Safeguarding your nutraceuticals' digital sales with best practices for secure payment processing ensures trust and reliability for your customers from. They do not control the GNF themselves. Outside of negative option billing, nutraceuticals is under scrutiny by low-risk banks. The bank-to-bank transfers direct payment platform was designed specifically for high risk ecommerce businesses including nutraceutical merchants. A Merchant Account Focussed On the Needs of Nutraceutical Products. 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. Nutra products range from oral supplements to teas, tinctures and salves. Nutraceuticals are hot-selling items that help people achieve specific health goals. They’re so well-established in fact that they work with over 60,000 merchants. Due to lack of health regularization by the government, Nutraceuticals are tricky businesses to find merchant accounts. C. Obtaining nutraceutical credit card processing is a challenge sellers face. As paper check writing declines, ACH payments are on the rise. Including setting up a nutra merchant account, and working with banks directly. This aids in ensuring that their product offerings adhere to the standards. Herbal Products and Nutraceutical Merchant Account . Integration Help. More. “Best Nutraceutical Merchant Account Providers,” January 10, 2017, at. 4 billion as of 2015, and is estimated to reach $204. If processors and banks carefully manage the risk associated with RCC transactions, the potential for fraud can be somewhat reduced. However, it is crucial to partner with a. RCCs are used for a myriad of commercial purposes and by a variety of industries. This type of billing results in excessive chargebacks from unsatisfied customers because. APPLY NOW! Req. Visit our website and get to know more. While traditional banks view companies in this sector as high risk, with a nutraceutical. Copy of call center agreement. The issuing bank. About Us Contact Us Blog. As a high-risk specialist, EMB has years of experience in helping merchants other providers consider “too risky”, and. We provide online payment processing for high risk nutraceutical merchant accounts. This prohibition can be for several things, including the owner’s financials or credit background to the sales history, transaction types, or industry that the business operates within. 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. . International merchant support. 2. Durango Merchant Services, on the other hand, has offered solutions for the telemedicine industry for many years. A merchant account is a type of bank account that enables businesses to accept and process digital payments, such as credit and debit card transactions. 65%, Visa will request an investigation into the cause and that an action plan be developed. FintechMerchantAccounts works with nutra merchants understand how tough it can be for Nutra business owners like you to get approved for standard. Typically, our merchants are able to begin accepting credit cards within 3 business days. We current service and support over 250,000 merchants and 3,500 Banks and Credit Unions since 1960: - Credit/Debit Card Payment Processing & POS Equipment - Electronic Check and ACH Payment. and the processor A large data center that processes credit card transactions and settles funds to merchants. If you sell supplements, diet pills, or. As of 2021-08-10, there are no sponsor banks in the Visa or Mastercard associations that allow cannabis dispensaries to accept credit cards. C. ARE YOU IN NEED OF SUPPLEMENTAL CREDIT CARD PROCESSING FOR YOUR. The broker also negotiates the terms and fees of the funding. Before diving headfirst into the application process, assess your business needs. We get nutraceutical merchants approved when other processors decline. Funds settle to the merchant’s bank account immediately when the payment is authorized by the customer. Durango Merchant Services for Telemedicine Merchant Accounts. A high-risk merchant account is one that works with businesses with a higher risk of chargebacks, fraud, or failure. To save yourself and your business a headache, you need to locate a high risk merchant account processor. 2371 or. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. It is the most crucial and identifying mark that sets your own merchant account from other accounts. Nutra Payments Offers Retail & High Risk Nutraceutical Merchant Accounts. The nutraceutical business is prone to chargebacks for an assortment of reasons, causing merchant accounts for Nutra organizations to be viewed as high risk by banks and regulatory bodies. Nutraceutical products are increasingly becoming more and more popular all over the world. Apply Now. Nutraceutical products are normally classified as high-risk. The financial institution that gives a credit card account to your customer, the cardholder. The merchant ID is used for a variety. For card-not-present e-commerce sales, FANF fees are structured according to the following chart: Tier Level. A bank letter or a pre-printed voided check; 3 months of the most recent bank statements; 3 months of the most recent processing statements, if applicable;Call us Toll Free (866) 509-7199. But in exchange, the fees are. The Challenges of Nutraceutical Credit Card Processing. 2099: Coffee and Tea Manufacturing. Offshore e-Check/Credit Card Processing. 95%. Accepting ACH payments gives your customers a trusted method of paying you. search for long-term solutions for your nutra deals. 1. The growth of ACH payments for electronic bill payment continues. Nutraceuticals Payment processing for Nutraceuticals Nutraceutical merchants online credit card processing solutions from a reliable nutraceutical merchant account. Place your High Risk Merchant Account with banks that want your business. Credit card processing for wholesale and. C. Most of payment processing companies consider nutraceutical industry. 3, 2019 • 0 likes. What is a Nutraceutical Merchant Account? Because banks typically deny funding and payment processing to this industry, more and more of these merchants are turning to alternative providers like eMerchantBroker. The American Clearing House (ACH) offers a type of payment that is 100% electronic but does not involve a credit or debit card. High Risk Nutraceuticals Merchant Account. The nutraceutical business is booming, and every year brings new products. Leave the tough stuff to your provider and continue expanding with your company. 10 cents USD per in-person transaction, 3. So if the banks are backing off how do you get approved for payment processing? You need to seek out a high risk merchant account provider that has bank sponsor relationships. They also struggle to secure the financing they need to grow their business and cover costs. ACH. The industry is largely unregulated in the United States and is considered high-risk. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. Nutraceutical merchants often face difficulties finding reliable payment solutions. High-risk Nutraceutical Merchant Account. A government-issued ID like a state-issued driver’s license. Documents required getting a Merchant Account for Nutraceutical Business: Personal Documents: Driving License and Personal Bank Statements for the recent 3 monthsWe have the solutions. From account management software and CRMs to accounting applications, we can link into them all with just a click of a button. S. Traditional banks are not going to make it easy to open and maintain a merchant account for a nutraceutical business. Get the processing capacity you need to manage & grow. If you run a cash-only business, you can get away with not having a merchant account. Executed eSigned Merchant Agreement. Our nutraceutical. While the issuing bank will investigate the. You’ll need to send the following with your application: Three months’ worth of your most recent processing statements from your previous or existing provider (if applicable) Your chargeback ratio must be below 2. 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. Banks weigh the risks associated with a business. To comply with the FDA’s guidelines, nutraceutical companies must first apply for a high-risk nutraceutical merchant account. For instance, while there are other forms of nutraceuticals, some or many today consumers are likely to ask for fat-soluble nutraceutical supplements—unless they are after the vitamins in fat-soluble types like (B and C). iPayTotal : Merchant Account Services . It seems bankers and merchant-account providers do not like the dietary-supplement industry. As a rule, nutraceuticals use the following NAICS code:. With a Nutraceutical Merchant Account from Patriot Bankcard, nutraceutical merchants are instantly able to process Visa and MasterCard transactions for their online Nutraceutical Merchant business. It can be any kinds of foods or supplements that can be considered medically or functionally beneficial to ones body. Banks will avoid your nutraceutical company while CWBPAY specializes in your nutraceutical company. 3D SECURE; RECURRING BILLING; ACH PAYMENT PROCESSING SOLUTIONS; LEVEL 2 & 3 CREDIT CARD PROCESSING; Partnerships. This means that ISOs act as the middlemen between acquiring banks and the businesses that are looking for electronic payment processing solutions. The American Clearing House (ACH) offers a type of payment that is 100% electronic but does not involve a credit or debit card. Nutraceutical merchants require a card processing associate that works in their best interest. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. 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. eDataPay can set your business up with a nutraceutical merchant account you can trust. Organizations that deal with a large number of. Why we like it: Square offers payment services based on a flat-rate processing model without a monthly. Accept Credit Card Payments – as with most online transactions, the credit card payment option is expected in your online pharmacy. So, the cost of ACH processing depends on the payment processor you use. MaxPayNow offers Nutraceuticals Merchant Accounts and payment solutions for the Nutraceuticals Industry. Easy Pay Direct. 2405(j), (iii) located in or operating under a license issued by a jurisdiction that. Nutraceutical Merchant Accounts;. 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. These limits are typically between $25,000 and $100,000 per month. Multiple Merchant Accounts. Nutraceuticals are tricky businesses to find merchant accounts for due to lack of health regularization by the government. 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. It’s basically an eCommerce list that warns other financial institutions. The global outlook for nootropics is also impressive, with a 17. The broker helps the business owner access funding sources such as loans, lines of credit and business credit cards. These industries include nutraceuticals, e-commerce, adult entertainment, travel services, and more. True PIN Debit (NOT Cashless ATM) and eCheck services that are 100% compliant and transparent. It is often a bank or other financial institution that is a licensed member of a card issuer such as Visa or MasterCard. The sponsor bank is a key component in the payment process, responsible for transmitting funds to the merchant A business that accepts credit cards for goods or services. Nutraceuticals products are fortified food products that supplement diets with nutrients as well treat or prevent diseases. Allied Payments specializes in high-risk merchant accounts. Best Nutraceutical Merchant Account Providers (2023) Best Merchant Accounts for Kratom (2023) Best Merchant Accounts for Online Gambling (2023). High Risk Nutraceuticals Merchant Account. eChecks. 2405(j), (iii) located in or operating under a license issued by a jurisdiction that has been designated. Free setup and zero upfront fees. Learn the differences to keep your high risk merchant account up and running. You need a dependable high risk merchant account provider for your nutraceutical merchant account. . We have the staff and experience to help you jump start your business in as little as 48 hours!. Why Join NMA? NMA Member Benefits; From Our MembersFollow these five simple strategies to get you in the best shape to get the supplement company merchant services you need. 2nd Fl - 707 Fort St. As a result, the websites of nutraceutical and supplement merchants must be constantly monitored. Find a reliable PSP. Apply and get approved! No problem! Talk to a SeamlessChex representative today to see if a nutraceutical merchant account is right for you! Nutraceutical Merchant Account Solutions Made Simple 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 Apply for a Nutraceutical Merchant Account to Accept Credit Cards. Best Banks & Credit Unions in Victoria, BC - Coast Capital Savings, Td Bank Financial Group, Vancity Savings Credit Union, Rbc Royal Bank, Island Savings Credit Union,. Safe payment is made directly from the consumer’s bank which authenticates the buyer during the transaction and informs the merchant of authorization. S. The ACH network is a system that facilitates electronic transfers between bank accounts in the United States. The global dietary supplements industry was estimated at $123. Merchant Login. Nutraceutical Merchant Account and Payment Processing Solutions Protect your nutraceutical business from exorbitant bank holds and reserves. Securing a merchant account for your adult business, for instance. Added to the MRP – Mastercard Registration Program Acquiring banks has to include all merchants involved with negative option billing into the MRP to be compliant with the new rules. Diversify your nutraceutical merchant accounts to mitigate risk. A nutraceutical merchant account is a custom-made bank account for businesses in the nutra space. Added to the MRP – Mastercard Registration Program Acquiring banks has to include all merchants involved with negative option billing into the MRP to be compliant with the new rules. Many herbal payment processors might offer kratom credit card processing services however, kratom is a prohibited product by the card networks. They are the equivalent of direct deposit and direct debit in your bank account. Industries. Without a merchant account, you will not be able to accept payment via credit card or debit card. Call Us: +1 (800) 530-2444. 4 billion as of 2015, and is estimated to reach $204. Vape and E-Cig Merchant Accounts. A standard retail "swipe" merchant account does not allow processing of these "card-not-present". 74. With your account, you’ll have access to all of the incredible features PayDiverse offers, including: Free set up of your payment portal. Most e-cigarette merchant accounts use one of 2 pricing models; tiered pricing or cost-plus pricing, also known as interchange-plus pricing. This includes processing payments, managing customer accounts, and ensuring that payments are securely conducted. Industries. Why is it so? They deal directly with the trusted banks. To get approved for a nutraceutical merchant account in 48 hours click below or call 1-800. The nutraceutical industry is prone to chargebacks for a variety of reasons, causing merchant A business that accepts credit cards for goods or services. What We Do. This is based on a small business with a physical office location. The big tech companies are moving to Texas and there has been a lot of buzz about the Lone Star state being the next Silicon Valley. Touchsuite is located in Boca Raton, FL and is a payment processing and point of sale company that specializes in merchant accounts, point of sale systems, Grubbrr self-ordering kiosks. This alert system helps keep. Nootropics, Nutraceutical and Health Products . An ACH merchant account allows. First of all, if you're looking to open a nutraceutical merchant account with a standard merchant. Part of this underwriting process often involves providing proof of GMP certification. PayDiverse offers multiple services aimed at helping businesses both new and existing, ranging from chargeback management, to secure credit card processing, fraud prevention and ACH processing. In fact, the business is expected to reach a remarkable $671 billion in global revenue by 2024. Even if you receive a merchant account from a traditional payment processor, the bank and payment processor will eventually terminate your account as you violate their service policies. You have to meet your customer’s expectations by providing a way for them to pay via a debit or credit card. Discover an ingenious payment processing solution for SARMS- PEPTIDES. International businesses selling their services and products within the US. Domestic and international solutions with no contracts, low rates and next day funding. For example, users can claim deductions on specific transactions, such as interest earned, dividends received, and capital gains. In fact, it is not uncommon for a nutraceutical merchant to have a chargeback ratio in excess of 2%. 576. If you sell supplements, diet pills, or any vitamins online, you’ll want a payment processor that keeps your account running. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. . Accepting crypto payments is much easier than trying to get a card merchant account for cannabis. fees. Therefore, most nutraceutical companies will have to use a partner who specializes in high-risk merchant A business that accepts credit cards for goods or services. ACH. So, when a nutraceutical company applies to a bank for a merchant account to accept debit and credit transactions, it hits a wall. Nutraceuticals Nutraceuticals With health and beauty dominating our youth-oriented culture, opportunities abound for companies that offer subscription nutraceuticals, vitamins and free trial/continuity memberships. Visit Website. High Risk Nutraceutical Merchant Accounts. 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. You’ll pay a 6% fee on the first $250 of that sale. This is where the Nutra merchant account comes into work. It was founded in 2009 by brothers Patrick and John Collison, who were only 19 and 21 at the.