As a merchant, your best chance of opening a Nutra merchant account is dealing with a high-risk payment processing provider for your payment processing services. An offshore merchant account allows you to accept and process payments with bank cards over the Internet in 2023. eDataPay can set your business up with a nutraceutical merchant account you can trust. I. That said, most high-risk payment processors will only approve merchant. . You will be contacted within one business day . Letter from bank. But despite providing. You need to consider where to get your main financing and if your capital can sustain the day to day operational cost until you see revenue. 3. A nutraceutical merchant account is a custom-made bank account for businesses in the nutra space. Without a mer. Apply for a high-risk merchant account!The Nutraceutical industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. And while they cater mainly to high risk merchants, their services are also available to lower risk businesses looking for trustworthy, seamless. Fill out this form and a merchant services representative will be in touch! Get Started. Enable 3D Secure in your payment gateway. Los Angeles, CA (PRWEB) January 26, 2015 -- eMerchantBroker is proud to announce merchant account support for all businesses dealing in the nutraceuticals industry. Nutraceuticals are hot-selling items that help people achieve specific health goals. Easy Pay Direct. With an offshore merchant account, it’s easier to process credit card payments under major companies like Mastercard and Visa. S. Merchant Processing Advisors can provide your company with a merchant account at a competitive rate along with the services and features that a nutraceutical company needs, such as the ability to handle multiple currencies, PCI compliance, integrated shopping carts, value added software, fraud and chargeback protection, and secure payment gateways. Digital Product Merchant Accounts. Nutraceutical Merchant Account. 30 cents USD per online transaction, and 4. The only available option for these organizations is engaging in business with payment processors that facilitate high-risk payments. No caps on your. Most businesses have issues taking off, but when that business is labeled as “high risk”, the problems mount even higher. We provide online payment processing for high risk nutraceutical merchant accounts. Hence, enhanced. Delivery. For the CBD and cannabis industry, ACH and eCheck payment processing offer secure and reliable alternatives to traditional payment options. So, the cost of ACH processing depends on the payment processor you use. Amid the great digital shift, he said, sponsor banks — while seeking to broaden their merchant acquiring presence — are getting pushback from ISOs and ISVs to upgrade the front-end experience. RBC Financial Group - Commercial Financial Services, V. 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. This aids in ensuring that their product offerings adhere to the standards. Let a business partner with the best credit history apply for the account; Fill up your bank account with a substantial amount of money;To obtain a merchant account for your collection agency, start by completing our online application. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by financial institutions. This is where the Nutra merchant account comes into work. 98% approval rates for high risk credit card processing. But then, without a merchant account, you will not be able to Accept Credit Card and debit card payments. But. 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. Member Since: 1902. Our extensive relationships with credit card processors and sponsor banks who have the capability to underwrite regulated industries, in addition to our integration of chargeback and fraud prevention software, uniquely positions Soar Payments to provide “bad credit” merchants with stable, effective, long term credit card processing solutions. The #1 rated high risk merchant account provider. Integration Help. Without a merchant account, you will not be able to accept payment via credit card or debit card. In fact, many banks have. As a growing industry, the demand for nutraceuticals and dietary supplements see no end in sight. The company establishes accounts using either the ACH network or Check 21 technology to process electronic check (echeck) transactions. 25. Automating the. What We Do. The bad news is they demand a wide range of documents. Even though there are no regulations against Nutraceuticals, big banks and traditional merchant services don't want to. Get started right now by contacting us online or giving our merchant services specialists a call at 844-661-0725. When using an offshore merchant account, your acceptable chargeback ratio increases from below 2% to 3-4%. 8% + 0. If you run a cash-only business, you can get away with not having a merchant account. Conclusion. 2405(j), (iii) located in or operating under a license issued by a jurisdiction that. When you open a merchant account, you’re really opening a line of credit to accept credit card. The agent gathered the information and promised to call me back after researching my questions. M&M Merchant Card Services Inc. F 305. All Nutraceutical Merchants welcome. We offer the industry's first transparent and compliant cannabis payment processing merchant account. Nutraceutical products are increasingly becoming more and more popular all over the world. With online businesses, this convention is the norm. The best time to get nutraceutical merchant accounts is right now in 2020. 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. ACH Payments on the Rise. 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. Nutraceutical products (commonly known as Nutra products) have formed a billion dollar market. As of 2021-08-10, there are no sponsor banks in the Visa or Mastercard associations that allow cannabis dispensaries to accept credit cards. 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. Factors such as fees, security, customer support, and compatibility with your business model must be. These banks are registered with specific card associations, like Visa, Mastercard, or American Express. S. High-Risk Gateways is in the market for a long time providing service to high-risk merchants. Nutraceutical products are increasingly becoming more and more popular all over the world. High volume Nutra merchant accounts are our specialty. Apply Now. Nutraceutical businesses are classified as high-risk, which makes them ineligible for merchant accounts at numerous sponsoring banks. We know you’ve probably thought. Standard ACH credits $1-3. 2371 or 50 U. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. Published by Max on January 24, 2023. 65%, Visa will request an investigation into the cause and that an action plan be developed. This includes the sale of Supplements, Vitamins, Herbs, and other Nutraceuticals, that may be considered High-Risk by some payment processors. Get Payment specializes in offering high risk nutraceutical merchant accounts, tailored to meet the unique needs of businesses in this industry. The main reason is that many payment processors and banks consider nutraceutical companies high-risk merchants. C. 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. Choosing an ideal payment gateway for your nutraceutical company whittles down the risks that come with processing. nutraceutical industry steadily increasing from $34. Their applications for opening such an account may be rejected or they may be offered to pay high charges to cover the potential risks of the bank. S. A nutraceutical merchant account is a custom-made bank account for businesses in the nutra space. So, traditional banks and most processors aren’t willing to work with them because of a number of reasons. But. Free application with no obligation. High-Ticket Merchant Accounts. Most conventional banks and Merchant Processors will not provide services to companies like this. No problem! Talk to a SeamlessChex representative today to see if a nutraceutical merchant account is right for you! Nutraceutical Merchant Account Solutions Made. This means that the herbal and nutraceutical industry could be a lucrative area for Jamaica. The reason is that more and more people are looking into natural cures for their ailments. Additionally, we use state-of-the-art tools like tokenization, encryption, and 3D security to ensure secure card processing, which is essential in the supplement industry and nutraceutical credit. Merchant Uses of Payment Processing Services. This has led the banking industry to classify supplements and nutraceuticals as “high risk” sectors, which in turn requires a more thorough underwriting process before supplement merchants can open a merchant account. fees. All Nutraceutical Merchants welcome. Once the application is completed, the merchant will be required to have the following items: Completed website. 2371 or. App. A sponsor bank is a federal or state chartered bank, which is a member of one or more of the credit card associations, who provides money-movement and compliance oversight for fintechs, since most of them are not banks. So, merchants in this industry need to find a way to obtain one. Credit card processing for wholesale and. S. The growth of ACH payments for electronic bill payment continues. Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. This is well over what Visa considers an excessive level of chargebacks. You need a dependable high risk merchant account provider for your nutraceutical merchant account. Once a business hits a ratio of 0. With access to hundreds of US and international banks, all payments are covered. Without a merchant account, these businesses have no way to accept credit and debit card transactions. One study showed the average value of a cash transaction was $22, compared to $112 for the average non-cash transaction in 2019. 95 – 4. The Challenges of Nutraceutical Credit Card Processing. There are payment processors who specialize in high-risk merchant accounts. Ways that nutraceutical companies can get their credit card processing in order. NUTRACEUTICALSNutraceuticals Payment processing for Nutraceuticals Nutraceutical merchants online credit card processing solutions from a reliable nutraceutical merchant account. Due to the chance for legal action in such a loose and unregulated market, th. C. First Data's GNF List is NOT the same as the TMF List / Terminated Merchant File. A high-risk merchant account is one that works with businesses with a higher risk of chargebacks, fraud, or failure. com is a registered ISO/MSP of BMO Harris Bank, N. PCI compliance fulfillment, including complementary vulnerability scanning for ecommerce and IP-connected terminal merchants. A virtual terminal connects to a secure payment processing gateway. Due to lack of health regularization by the government, Nutraceuticals are tricky businesses to find merchant accounts. One-time & Recurring Payments. (250) 356-4544. 3% plus 30 cents for invoices. Super support. The broker also negotiates the terms and fees of the funding. There is not a lot of merchant account product-specific. Our merchant account managers offer expert advice and guidance throughout the relationship of your account and will help you prevent fraud, reduce chargebacks and increase profits. With technological advances, the payment services industry has evolved, with payment processors offering merchants new platforms to accept payments. High volume accounts. High-risk businesses typically operate in industries that are prone to chargebacks, fraud, and legal and regulatory complications, such as online gambling, adult entertainment, nutraceuticals, and e. These banks offer merchant accounts to companies they consider safe bets. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. There are two main reasons for this. MerchantNegotiators. APPLY NOW! Req. Nutraceutical Merchant Accounts 2018. STEP 3: REGISTER FOR TAXES, OPEN A BUSINESS BANK ACCOUNT AND SET UP BUSINESS ACCOUNTING. However, it is crucial to partner with a. Get Your Financial Sources Together. Your nutraceutical merchant account could be slowly bleeding you dry and sucking out extra capital. It can be any kinds of foods or supplements that can be considered medically or functionally beneficial to ones body. Subscription Merchant Accounts. Dedicated to negotiating the best terms for your supplement & nutraceutical business. 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. Nutraceuticals are divided into three distinctive categories: functional food (probiotics, nuts, tomato products, yogurt), functional beverages (sports drinks), and dietary supplements (vitamins, minerals. We’re Also Compatible With Many Other CRM. Online payment processing is not limited to debit and credit cards anymore. Most credit card processors are unable to. Stripe is used by more than 200,000 businesses around the world to accept payments on the web and mobile. We are able to provide merchants with a traditional high-risk merchant account accept credit cards for terpenes. When a consumer calls a card issuing bank to dispute a charge. Contact Us. Regardless of what your product is, nutraceutical merchant accounts are often assigned one of the following SIC codes: 2833: Medicinal Chemicals and Botanical Products. Way2pay. Why Was My Drop Shipping Bank Account Suspended? Top 10 Dropshipping Business Ideas for 2024; Why Was My Venmo Payment Declined? (High Risk Merchant. It is a privately held clearing house owned by less than 50 banks. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the. Get approved for your own MID (Merchant ID) 4. Gather the required information before beginning the application process for your nutraceutical merchant account: Banking Information: Personal and business banking account information along with statements (up to 3 months) may be requested. What is a Nutraceutical Merchant Account? Because banks typically deny funding and payment processing to this industry, more and more of these merchants are. HSBC. Just apply online, and we'll take care of. S. Call us Contact. A nutraceutical merchant is one who sells a pharmaceutical alternative that promises physiological benefits. App. Opting for a high-risk nutraceutical merchant account provides the assurance that you can operate your business without the risk of losing sales or potential customers. com; About Us; What We Do; FAQ; Blog; Partners; Rates; Contact; Application;. Payment processing companies provide merchant accounts easily. 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. To get a high risk merchant account for your nutraceutical business, you need to apply to ahigh risk merchant services provider that has a bank sponsor relationship that’s willing to accept nutraceutical businesses. C. Here’s a closer look at the nutraceutical industry, as well as the high-risk merchant A business that accepts credit cards for goods or services. But be sure the acquiring bank on the back end is different. To get approved for a nutraceutical merchant account in 48 hours click below or call 1-800. Benefits Of A Specialized Merchant Account For Nutraceuticals. Banks & Credit Card Processors Are Not Impressed. In fact, the business is expected to reach a remarkable $671 billion in global revenue by 2024. These businesses are often rejected by standard merchant accounts because of the risk to banks. services. 2099: Coffee and Tea Manufacturing. A nutraceutical product is a purified or isolated item that must have the ability to combat chronic diseases or have a physiological benefit. Benefits of a Kava Merchant Account Services. Durango Merchant Services for Telemedicine Merchant Accounts. Home. The American Clearing House (ACH) offers a type of payment that is 100% electronic but does not involve a credit or debit card. In every transaction that occurs in your account, your merchant ID number is used. A subsidiary of Visa, Authorize. Membership. That said, this will severely limit your ability to accept online. WHY CHOOSE US; Choose your Industry. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. Once a high-risk nutra merchant account is approved, payment processors set monthly processing limits. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. 2834: Pharmaceutical Preparations. Finding a knowledgeable payment processor is better to help your nutraceutical merchant account get through all legal actions. You’ll pay a 6% fee on the first $250 of that sale. No, we don’t mean the acronym you mutter when the loan officer at the bank refuses to certify your business as low risk. Be upfront about your policies. services that are. It’s pretty much a fact, that increased business almost always. Home. The sale of peptides online through the use of credit card payments is deemed high risk by many banks in the US. 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. 4 billion in 2013, domestically, collecting $55. Luckily, PayMystic’s expanded network of banking relationships accepts. And More…. However, your business can be at high risk or those who have acquired a bad credit from the bank. The nutraceutical industry, or “nutra” industry brings in a yearly revenue totaling roughly $181. The requirements for keeping the account will be more stringent and the maximum chargeback rate will be lower than for other, lower-risk businesses. NationalACH specializes in payment processing accounts for high volume and high risk merchants that want the ability to accept payments directly from US customers’ bank accounts. 2405(j), (iii) located in or operating under a license issued by a jurisdiction. These can all be flags for a high risk merchant account. FintechMerchantAccounts works with nutra merchants understand how tough it can be for Nutra business owners like you to get approved for standard. If processors and banks carefully manage the risk associated with RCC transactions, the potential for fraud can be somewhat reduced. Nutraceutical Merchant Accounts. Setting up a merchant account to process payments is the first step in enabling nutraceutical commerce. Funds settle to the merchant’s bank account immediately when the payment is authorized by the customer. The NUTRA business model and high rate of chargebacks are to blame. While traditional banks view companies in this sector as high risk, with a nutraceutical. Authorize. eMerchantBroker. 2. 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. These banks have been known to freeze merchant accounts or even close them on occasion when chargeback ratios begin to raise, which leave merchants unable to process debit and credit card. By leveraging these solutions, businesses can streamline their payment processes, improve cash flow, and reduce the risks associated with cash-heavy operations. We have the staff and experience to help you jump start your business in as little as 48 hours!. You need EMB. High Risk Nutraceuticals Merchant AccountThe problem, however, lies not just in finding an affordable bank or merchant-account provider and then opening an account but in keeping it open once you have one. High Risk Nutraceuticals Merchant Account. $250 times 3. They also struggle to secure the financing they need to grow their business and cover costs. Industries. Skip to content. This isn’t just a struggle for someone new on. Due to lack of health regularization by the government, Nutraceuticals are tricky businesses to find merchant accounts. High Risk Nutraceuticals Merchant Account. It is often a bank or other financial institution that is a licensed member of a card issuer such as Visa or MasterCard. The accounts enable acceptance of payments from customers in the US and overseas. 50 in interchange for a $200 transaction. Sponsor Bank. Nutraceutical Merchant Account. Primary Menu. More Payment Options Equal More Profits Payment alternatives such as secure vault payments and electronic checks account for 30% of all internet purchases. Low cost way to send funds. The registered ISO sells merchant accounts to businesses on behalf of larger banks that are members of credit card associations. You pay $23. As a result, the websites of nutraceutical and supplement merchants must be constantly monitored. . The global outlook for nootropics is also impressive, with a 17. 576. A Terminated Merchant File is used by processing companies to screen merchant account applicants. Get the processing capacity you need to manage & grow. 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. Nutraceutical businesses are classified. Durango Merchant Services, on the other hand, has offered solutions for the telemedicine industry for many years. 74. Fortunately, it is possible to do so without hassle and worries because there are merchant account providers like HRMA-LLCHRMA-LLCNutraceuticals Industry in Texas Is Booming. Best Merchant Accounts for Petroleum Stations January 24, 2023. With a supplement and nutraceutical merchant account, accept credit cards online, in store or over the phone with next day funding. This happened because the DEA in 2017 listed kratom as a “Drug of Concern” and most financial services companies cut ties with these businesses. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by financial institutions. An adult merchant account works like a bank account for you online store. As a result, many merchants turn to offshore non-US processing solutions in order to remain in business. Making an application for a High-Risk Merchant Account. Products. Both categories are ordinarily associated with free trials, chargebacks, false claims and customer complaints. Also, FANF fees are calculated at a rate of 0. This type of billing results in excessive chargebacks from unsatisfied customers because. Call you today to discuss our high risk ach processing programs. To comply with the FDA’s guidelines, nutraceutical companies must first apply for a high-risk nutraceutical merchant account. Ask yourself questions like: Merchant Credit Card Processing Accounts. But, RCC is still a risky business for banks and third party processors. . The bank assigns this number when a business applies for a merchant account with the processing service. Same day ACH credits $3-5. Donations and offline payments can be accepted through a merchant account using a hand-held credit card reader. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. Best Nutraceutical Merchant Account Providers (2023) Best Merchant Accounts for Kratom (2023) Best Merchant Accounts for Online Gambling (2023). The best nutraceuticals merchant account. These transactions require a bank account number and routing number to process. Vitamins, Skincare, Nutraceutical The nutraceutical (or "Nutra") sector is not a laughingstock. Third is vaping and e-cigarettes. The American Clearing House (ACH) offers a type of payment that is 100% electronic but does not involve a credit or debit card. Nutra products range from oral supplements to teas, tinctures and salves. This type of credit card processing for nonprofits generally carries a transaction fee amounting to 2. Affordable Access To Merchant Accounts For Nutraceutical Businesses High Risk Solutions designs customized merchant account solutions for this industry niche. This regulatory uncertainty has made it so that sponsor banks are unwilling to underwrite CBD businesses for credit card processing. They are also subject to high returns and credit card declines,. Many high risk merchant account providers use the same acquiring banks. 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. 1. Nutraceutical businesses are classified. This way, you are denied any chance of getting your hands on a merchant processing account. Streamline your business by utilizing our experience and latest tools. For more information, visit the PaymentCloud website or call (888) 506-7859. To get a nutraceutical merchant account, an online application is the quickest way to an approval. We provide nutraceutical merchant accounts offering reliable and secure payment processing solutions for nutraceutical businesses. Instabill’s new international banking solution includes many perks, such as: Solutions for startups; Free trials; Unlimited volume; Recurring billing; Rates for Nutraceutical MerchantsOffshore Merchant Account; CREDIT CARD PROCESSING; Solutions. While SARMs merchant processing can be hard to find occasionally with some banks, the Allied Payments team has. “Best Nutraceutical Merchant Account Providers,” January 10, 2017, at. Organizations that deal with a large number of. Both provide businesses with complete ecig merchant account services with various fees for account services, network services, and other transactions. Apply Now. 5% plus 15 cents for manually keyed transactions. and the processor A large data center that processes credit card transactions and settles funds to merchants. “High risk” businesses include everything from car dealerships to e-cig vendors, and even merchant credit can have an impact. Our staff of continuity professionals will help businesses set up their billing programs through our high risk banking network. The Nutra deals business is a big High-Risk Business but it is seen as considered high risk for. The issuing bank. Apply Now. Documents. . About 50,000 banks belong to the Fedwire. Nutraceutical Merchant Accounts;. One of an acquiring bank’s key roles is to deposit your funds from credit card sales into your merchant account. 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. Take Advantage of our Net 30 Account to help you grow your business credit. Further projections have the U. There are many companies out there in the market providing Nutra payment gateway and nutraceutical merchant account. Nutraceutical merchant account –. Sponsor banks are responsible for ensuring their partners have strong compliance programs in place, including a. S. . ARE YOU IN NEED OF SUPPLEMENTAL CREDIT CARD PROCESSING FOR YOUR. Step 3: Acquiring Bank Routes the Transaction. Check out our nutraceutical merchant accounts today and. 4 billion as of 2015, and is estimated to reach $204. Call Us: +1 (800) 530-2444. Furthermore, people with scores between 300 and 600 are most likely denied access to good lending opportunities due to their low score status. Learn how to reduce the risks. Retail tobacco shops can generally find payment processing for their business with ease. Merchant bankruptcy is also a factor in why the nutraceutical industry is often viewed in a negative light. 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. 65%, Visa will request an investigation into the cause and that an action plan be developed. 6 billion by 2017. Nutraceutical merchant accounts have also assisted the nutraceutical industry in a majority of ways. Apply Now. Reduced chargebacks– We are a reputable high-risk processor that offers a chargeback management system to all our customers. Completed Cannabis Merchant Account Pre Application. Ways that nutraceutical companies can get their credit card processing in order. 855-562-ACH2; info@nationalach. To save yourself and your business a headache, you need to locate a high risk merchant account processor. First of all, if you're looking to open a nutraceutical merchant account with a standard merchant. This is because we do not grade supplements and vitamins as high risk companies. 3. From account management software and CRMs to accounting applications, we can link into them all with just a click of a button. As paper check writing declines, ACH payments are on the rise. Quick & Easy Merchant Account Setup! Contact our nutraceutical team. This is well over what Visa considers an excessive level of chargebacks. Allied Synergy Group provides affordable, reliable nutraceutical merchant account solutions with fast approvals. eMerchant Authority is the ideal payment processor that’ll help adult businesses accept debit and credit cards. Visit our website and get to know more. This is true whether you sell digital goods online or physical items in-store. Traditional payment services and banks to avoid approving underwriting for adult merchant accounts. Quick account approvals. a tax id number. Sponsor banks are responsible for ensuring their partners have strong compliance programs in place, including a. Who is DigiPay Solutions? The processor of choice for the world’s leading nutraceutical companies, DigiPay Solutions has a global network of partner banks, payment experts and an elite portfolio of tailored solutions. . The acquirers work with payment processors in offering the technologies and payment methods needed to. International businesses selling their services and products within the US. A start up mineral nutraceutical business needs the ability to accept payments for online sales. Third is vaping and e-cigarettes. Simply fill out the form below. Nutraceuticals Payment processing for Nutraceuticals Nutraceutical merchants online credit card processing solutions from a reliable nutraceutical merchant account. S. Nutraceutical Merchant Accounts. Most banks in the world dread dealing with nutraceutical industry. Nutraceutical Merchant Accounts. And since every crypto payment is tracked, dispensaries can comply with regulations. This has created a significant demand for online credit card sales and nutraceutical merchant account services. This means that ISOs act as the middlemen between acquiring banks and the businesses that are looking for electronic payment processing solutions. 1-888-909-4367. ACH Credits.