High risk nutraceutical merchant accounts are in high demand for payment processing. The market for nutraceuticals, sometimes known as “nutra,” is expanding both domestically and internationally. In the United States, about 75% of adults take some form of dietary supplement; 10 percent over the past 10 years, according to the Council for Responsible Nutrition. With more than $60 billion in annual revenue, the nutrition market is expected to surpass $100 billion by 2024.

Credit card processors believe that Nutra merchant accounts are high-risk businesses. The difficulty in getting account authorization with many banks for high-risk nutraceutical merchants in this sector forces them to look for a high-risk credit card processor. 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 solutions for your business.

Many merchant accounts for nutraceuticals use a continuity-based subscription model to operate. Frequently, these billing structures provide a free trial period or a low introduction fee before rebilling customers at considerably higher rates. Some customers may be shocked by this and decide to dispute the charge directly with their bank rather than starting by calling the retailer resulting in a high number of chargebacks. Click here to learn more about chargebacks.