An online pharmacy can fill a vital role as many people face mobility issues or do not have a brick-and-mortar pharmacy within convenient driving distance from their home. An online pharmacy allows individuals to order needed drugs and prescriptions and have such items securely shipped to their homes in a timely manner. Yet an online pharmacy is considered to be a high risk merchant in the opinion of most banks due to a number of reasons. One is that laws impacting the mailing of pharmaceuticals can vary from state to state, and even by county to county. Another issue is the massive presence of illegal online pharmacies that are found on the internet. However, there is a solution to a beleaguered online pharmacy looking for a reliable merchant account provider as Merchant Processing Advisors can find them the payment processor that they need. While banks regularly say “no” to the high risk merchant, Merchant Processing Advisors says “yes” as we scour the globe, using our extensive contacts to find multiple options for our clients to choose from.
An online pharmacy needs a good merchant account provider who will offer the wide range of services needed to make the business a success. Merchant Processing Advisors can find the perfect merchant account provider for an online pharmacy; one that offers secure payment gateways, virtual terminals, and the ability to accept many different kinds of payments: credit cards, electronic checks, prepaid cards, debit cards, and ACH transfers. The merchant account providers that MPA will find will offer services to allow multiple payment channels (online, mail, in-person, and telephone), as well as rates that are highly competitive, which will save the online pharmacy money with every sale. If you have any questions, you can contact Merchant Processing Advisors for a free consultation. You can also fill out our high risk merchant account application, and we will reply within 24 to 48 hours with a number of rate quotes.