Nutraceutical and Dietary Supplement Businesses

Best Merchant Accounts for Nutraceutical and Dietary Supplement Businesses

Comprehensive Credit and Debit Card Processing

First Financial is a major U.S. provider of merchant services, and our research tells us that nutraceuticals, while deemed “high risk,” are a stable industry we want to serve. Click this button to get your merchant services account approval today!

Request a Merchant Account Now  

Better Business Bureau

Questions Call: 1 (800) 950- 0212

Great Benefits Await with a Nutraceutical/Dietary Supplement Merchant Account

Mordor Intelligence found that the global nutraceutical products market for 2016 was valued at 205.39 billion, and is slated to be worth 294.79 billion by 2022.[1] With a 50 percent growth rate slated over the next five years, you bet First Financial wants to partner with nutraceutical and supplement merchants!

To win your business, we’ve loaded up our nutraceutical and dietary supplement merchant account offers with all kinds of advantages.

  • A quick, hassle-free, application and approval process. It takes less than one week for your nutraceutical and dietary supplement business to start accepting debit, credit and even gift card payments.
  • The industry’s most competitive rates and fees widen your profit margins. 
  • 24/7 support.  If you have any issues, our friendly customer service representatives will help you every step of the way, anytime of the day or night.
  • Flexible payment options. Numerous payment choices available, including mobile, MOTO accounts, ecommerce, and more.
  • Banking-level security. Using the strongest encryption that the U.S. Treasury Department allows, your money and accounts are safe and secure.
  • Plug-and-play software and hardware. We provide an easy set-up process that includes 24/7 customer backup. 
  • All payment types accepted. Reach more customers by accepting echecks, ACH and demand draft for check payment, as well as credit and debit cards.
  • Multiple merchant IDS (MIDs). Expand your nutraceutical and dietary supplement business or even start a side business. Multiple MIDs keep your revenue streams for unique businesses separate.
  • Consistent hardware and software upgrades. Our system provides frequent updates, keeping your accounts operating at maximum efficiency.
  • A convenient mobile payment app where customers can submit payments via their cell phones.   

First Financial Supports the Worldwide Growth of this Popular Market

Never before have we seen so much media attention turned to the health components found within almost every food product. The health-conscious, farm-to-table trend and the increasing home-grown movement has prompted the proliferation ideas like, “Let food be thy medicine and medicine be thy food” (attributed to Hippocrates) over blogs and websites. Natural Products Insider magazine reports that the increased awareness among consumers toward the nutritional health benefits in foods and beverages, especially related to disease prevention, are the main factors driving the dietary supplement industry’s growth.[2]

Why Are Nutraceuticals and Dietary Supplement Businesses in the High-Risk Category?

The “high-risk” classification came about because of an unusually high number of chargebacks. A few unscrupulous providers charged customers for new products every month without their full knowledge. First Financial knows that this is not the norm for this industry, and we want to support those who are sincere in providing a great health service to their customers.

Another reason for the high-risk classification is the potential for legal action. Nutraceutical and dietary supplement products are not regulated by the Food and Drug Administration the way big pharma medications are. Limited or absent testing in nutraceuticals could cause serious health consequences and open the company up for expensive lawsuits, bankruptcies and even failure of the business. Business owners that select products carefully and have thorough knowledge of their effects and negative side-effects carry out their business with confidence. 

Apply for an Online Nutraceutical and Dietary Supplement Merchant Account Today!

First Financial is ready to make it easier to transact business. Our application is simple to complete, and you can also scan and email it to us. We will get back to you within 48 hours. We look forward to helping your business thrive!

Better Business Bureau

Questions Call: 1 (800) 950- 0212

Request a Merchant Account Now  

[1] https://www.mordorintelligence.com/industry-reports/global-nutraceuticals-market-industry

[2]https://www.naturalproductsinsider.com/digital-issues/2014/07/functional-foods-and-beverages.aspx

 


First Financial

First Financial ® Corporate Headquarters 2850 Womble Road Suite 100-604 San Diego, CA 92106

Client Service Center: Main: 1-800-315-7791 Fax: 1-800-215-0217 (Monday–Friday 5:00am–6:00pm Pacific or 8:00am–9:00pm Eastern)

Merchant Services / High Risk Merchant Accounts: 1-800-950-0212 Fax: 1-800-215-0217

 

First Financial® is a Federally Registered Trademark

©1994-2017 First Financial®, All Rights Reserved. All other products and company names are trademarks of their respective companies.