Oct. Even US based businesses operating internationally. Credit Card Processing for Vitamins. F 305. Setting up a merchant account to process payments is the first step in enabling nutraceutical commerce. A high-risk merchant account is a type of payment processing solution designed for businesses operating in industries deemed high-risk by acquiring banks. This is true whether you sell digital goods online or physical items in-store. Standard ACH credits $1-3. fees. 4 billion as of 2015, and is estimated to reach $204. This includes processing payments, managing customer accounts, and ensuring that payments are securely conducted. As of 2021-08-10, there are no sponsor banks in the Visa or Mastercard associations that allow cannabis dispensaries to accept credit cards. Additionally, they are responsible for the collection of taxes and fees associated with the transactions. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. com works with a number of sponsor banks that provide both domestic and offshore high risk merchant accounts. 576. top of page. Nutraceutical merchants often face difficulties finding reliable payment solutions. 2405(j), (iii) located in or operating under a license issued by a jurisdiction that has been designated. 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. 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. Member Since: 1902. These industries include nutraceuticals, e-commerce, adult entertainment, travel services, and more. 770-690-8369. No problem! Talk to a SeamlessChex representative today to see if a nutraceutical merchant account is right for you! Nutraceutical Merchant Account Solutions Made. Tip: If your business runs on a continuity model, it’s best to sign up for a high-risk merchant account for seamless credit card transactions. 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. But despite providing. 74. Nutraceutical merchants often have difficulty finding online credit card processing because of their business model. 2nd Fl - 707 Fort St. Department of State as a sponsor of international terrorism under 22 U. You should also build a network with banks and other financial sources so you have a consistent flow of funds whenever you need it. Due to lack of health regularization by the government, Nutraceuticals are tricky businesses to find merchant accounts. 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. Merchants who utilize negative option billing to sell physical goods, will be deemed “High Risk Merchant”. How is the ACH system used? ACH is a payment method that allows merchants to send and receive payments electronically. This type of credit card processing for nonprofits generally carries a transaction fee amounting to 2. The issuing bank. It’s pretty much a fact, that increased business almost always. At UniBul, we give you a nutraceutical merchant account with: Fast application approvals. Retail tobacco shops can generally find payment processing for their business with ease. No longer will customers call to purchase or. Navigating FTC Compliance and Avoiding Legal Pitfalls in the Supplement Industry. Nutraceutical Merchant Accounts Ecommerce Merchant Account More. The payment gateway encrypts sensitive payment data and then transmits the information to the banking networks. Enjoy Next-day payouts and no rolling reserves 5. You Need to Open a Business Bank Account and a Separate Merchant Account. In fact, our low rate guarantee ensures you’re getting the. 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. Competitive advantage. A Terminated Merchant File is used by processing companies to screen merchant account applicants. But. Before diving headfirst into the application process, assess your business needs. 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-cigarettes. Magazine subscription payment processing is often subject to high levels of chargebacks and fraud, and as a result, can raise red flags with sponsor banks. Therefore, they reject nutraceutical retailers. Â Nutraceutical Product 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. Accepting ACH payments gives your customers a trusted method of paying you. The credit card companies have special rates for utility bill payments. Our check solutions offer fast ach deposits to your existing business checking account for quicker cash flow. This includes the sale of Supplements, Vitamins, Herbs, and other Nutraceuticals, that may be considered High-Risk by some payment processors. We get nutraceutical merchants approved when other processors decline. As a result, it is likely not possible to get a standard merchant account. Accept Payments Today. 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. Choosing the right merchant account processing solution is a critical decision for 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. Be upfront about your policies. Nutraceutical Merchant Account and Payment Processing Solutions Protect your nutraceutical business from exorbitant bank holds and reserves. An ACH merchant account allows. Banks will avoid your nutraceutical company while CWBPAY specializes in your nutraceutical company. Fill out this form and a merchant services representative will be in touch! Get Started. 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. com. Selling nutraceutical products goes against the service policies of most traditional payment processors, leading to account closure once they discover your business type. We have the staff and experience to help you jump start your business in as little as 48 hours!. The ACH network is a system that facilitates electronic transfers between bank accounts in the United States. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today!. Nutraceutical merchant accounts have also assisted the nutraceutical industry in a majority of ways. With your account, you’ll have access to all of the incredible features PayDiverse offers, including: Free set up of your payment portal. Get your merchants high processing capacity to grow their business. 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. First of all, if you're looking to open a nutraceutical merchant account with a standard merchant. . Further projections have the U. Accounting for over $60billion in annual revenue, the nutraceutical market is expected to surpass $100billion by 2024. The nutraceutical industry is prone to chargebacks for a variety of reasons, causing merchant A business that accepts credit cards for goods or services. App. Even though there is no law against the Nutraceuticals businesses, but banks and merchant services don’t accommodate the Nutraceuticals business. S. National Merchants Association. It serves as a list of blacklisted merchants and prevents them from opening a new merchant account from a different credit card processor than their previous institution. There are many companies out there in the market providing Nutra payment gateway and nutraceutical merchant account. We’re Also Compatible With Many Other CRM. The broker also negotiates the terms and fees of the funding. 9% CAGR and an estimated $5 billion USD growth between 2016 and 2024 (up to $6. Nonetheless, experienced payment companies. services that are. For example, users can claim deductions on specific transactions, such as interest earned, dividends received, and capital gains. 75. Businesses are often prohibited from accepting payments and processing transactions by underwriting banks. A Nutraceutical Merchant Account allows business owners to accept credit card payments for the high risk nutraceutical industry. 6 billion by 2017. Embrace efficiency and ease!Pricing for Vape Merchant Accounts. As of 2021-08-10, there are no sponsor banks in the Visa or Mastercard associations that allow cannabis dispensaries 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,. 2371 or 50 U. S. Luckily, PayMystic’s expanded network of banking relationships accepts. 855-562-ACH2; info@nationalach. These transactions require a bank account number and routing number to process. 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. Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801; Apply Today! Back. Has your nutraceutical company been denied a merchant account by a bank? TailoredPay can help. One of an acquiring bank’s key roles is to deposit your funds from credit card sales into your merchant account. But be sure the acquiring bank on the back end is different. Even though there are no regulations against Nutraceuticals, big banks and traditional merchant services don't want to. Compare quotes from merchant providers who understand supplement & nutraceutical payments! Access 90% of UK's leading merchant acquiring banks. and the processor A large data center that processes credit card transactions and settles funds to merchants. e-Cigarette Merchant Accounts. There are two main reasons for this. 2968 Jacklin Rd, Victoria, BC V9B 0A3 Get directions. It seems bankers and merchant-account providers do not like the dietary-supplement industry. Home; Merchant Services. See Full List of Supported High Risk Industries This is because credit card processors only accept businesses that their sponsor banks permit in their underwriting instructions. As a growing industry, the demand for nutraceuticals and dietary supplements see no end in sight. The American nutraceutical market is expected to grow up to. Automating the. Or Call: 800-993-6300. 98% approval rates for high risk credit card processing. S. We do the rest. Many credit card processors simply try. PayFasto provides nutraceutical merchant accounts for businesses with the best terms on the market and we ensure you get a bank specializing and understanding high risk industries like credit card processing for nutraceuticals. For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and. At Fibonatix, we offer comprehensive nutraceutical merchant services that prioritize both the security of transactions and the convenience of your customers. The accounts enable acceptance of payments from customers in the US and overseas. And many buyers are savvy, they know exactly what they want. Authorize. In fact, many banks have. ACH Payments on the Rise. International is a registered service provider for clearing and settlement institutions that sponsor GPC to enter MasterCard and Visa transactions into the interchange system. 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. Our extensive and durable relationships with credit card processors and sponsor banks help to more fruitfully underwrite heavily regulated industries like. Are you struggling to secure the payment processing solutions your nutraceutical business needs? Unfortunately, there are many industries whose merchants struggle to secure merchant accounts for their businesses – the nutraceutical industry is definitely among them. Diversify jurisdictions. APPLY NOW! Req. Kelly Bissell. Part of this underwriting process often involves providing proof of GMP certification. Without a merchant account, you will not be able to accept payment via credit card or debit card. C. 404. With online businesses, this convention is the norm. 06 billion (2018) to $49. Services. Copy of the fulfillment agreement. 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. Choosing an ideal payment gateway for your nutraceutical company whittles down the risks that come with processing. High volume Nutra merchant accounts are our specialty. Merchant Accounts. Our partners and sponsor banks can provide your business with high risk merchant services for domestic and international businesses. The #1 rated high risk merchant account provider. . Check out our nutraceutical merchant accounts today and get your business finances in good health! Atlantech provides the best Merchant Accounts for Nutraceutical. The Advantages of a High Risk Merchant Account for Nutraceutic. High Risk Nutraceuticals Merchant Account. Executed eSigned Merchant Agreement. For banks, deciding to sponsor payment facilitators (often called Payfacs) is a balance of risks and rewards. 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. Due to the chance for legal action in such a loose and unregulated market, th. Due to the chance for legal action in such a loose and unregulated market, th. ARE YOU IN NEED OF SUPPLEMENTAL CREDIT CARD PROCESSING FOR YOUR. Donations and offline payments can be accepted through a merchant account using a hand-held credit card reader. This type of billing results in excessive chargebacks from unsatisfied customers because. Merchant bankruptcy is also a factor in why the nutraceutical industry is often viewed in a negative light. 15% with an added $. 5 million for the same quarter. 1. It’s incredibly important to curb fraud and chargeback ratios to keep fitness merchant accounts in good standing. Overcome the toughest of merchant challenges & disapprovals. Home. We will provide an. Quick & Easy Merchant Account Setup! Contact our nutraceutical team. Most of payment processing companies consider nutraceutical industry. Diversify your nutraceutical merchant accounts to mitigate risk. Nutraceutical Merchant Account and Payment Processing Solutions Protect your nutraceutical business from exorbitant bank holds and reserves. Benefits of a Kava Merchant Account Services. 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. To comply with the FDA’s guidelines, nutraceutical companies must first apply for a high-risk nutraceutical merchant account. DirectPayNet has high-risk merchant accounts for many industries like supplements, biz-op, subscription,. Nutraceutical businesses can be very profitable. top of page. Unfortunately, this leaves nutraceutical business owners. S. See full list on merchantnegotiators. 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. High Risk Merchant Account;Nutraceutical Merchant Accounts; Pharmacy Merchant Accounts; Ticket Brokers; Travel Agency Merchant Accounts; All High Risk Merchant Accounts (877) 441-6801;. Banks that fund nutraceutical merchant accounts that market illicit ingredients or goods can be found responsible once more. Benefits Of A Specialized Merchant Account For Nutraceuticals. Low conversions equally affect how an acquiring bank sees your ability to generate revenue and meet monthly sales targets. In other words, a nutraceutical merchant account is necessary for any business that wants to be able to receive money from customers remotely, over the phone, or on the internet. A retail nutra merchant account allows your business to accept face-to-face credit and debit card payments via a credit card machine or point of sale system. Your nutraceutical merchant account could be slowly bleeding you dry and sucking out extra capital. Square’s current transaction fees for CBD payments range from 3. With a supplement and nutraceutical merchant account, accept credit cards online, in store or over the phone with next day funding. PayDiverse works closely alongside nutraceutical merchant accounts to avoid detrimental and unwarranted chargebacks, fraud and account closures. Fraud Prevention. Organizations that deal with a large number of transactions. Domestic & International Nutraceutical Merchant Accounts. Contact Information CompliancyStep 4: Sell your nutra. The bad news is they demand a wide range of documents. To get approved for a nutraceutical merchant account in 48 hours click below or call 1-800. 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. If your bank is unwilling to accept the risk associated with your industry, you will need a high-risk merchant account. Call Us: +1 (800) 530-2444. 2837: Nutritional, Probiotics, Prebiotics, and Supplements. The good news is some PSPs are already partnering with acquiring banks that process high-risk companies. Due to frequent comparisons to nutraceutical companies, owners of cosmeceutical businesses need to be vigilant. There are nearly 40 authorized credit unions operating in the province today, with some of them. S. Once a business hits a ratio of 0. These businesses are often rejected by standard merchant accounts because of the risk to banks. But why would banks avoid my business when the industry is. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. However, it is crucial to partner with a. (NMI) – With their load balancing feature, manage multiple merchant accounts through one gateway and automatically route transactions to specific accounts. Our payment solutions are designed to seamlessly integrate with your business model, whether you operate an e-commerce platform, health supplement store, or other related businesses. “Best Nutraceutical Merchant Account Providers,” January 10, 2017, at. True PIN Debit (NOT Cashless ATM) and eCheck services that are 100% compliant and transparent. C. 5%. Dedicated to negotiating the best terms for your supplement & nutraceutical business. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the. S. Conclusion. Nutraceutical Credit Card Processing. Due to lack of health regularization by the government, Nutraceuticals are tricky businesses to find merchant accounts. Funds settle to the merchant’s bank account immediately when the payment is authorized by the customer. And since every crypto payment is tracked, dispensaries can comply with regulations. It also includes other transactions such as refunds, rebills, and chargebacks between you, your acquiring and issuing bank, and your customers. 3, 2019 • 0 likes. 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. By Tony Ward April 27, 2021 2:27 am No Comments. 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. Why Us. Signature Payments is the #1 payments company in the industry of high risk vape and E-Cig merchant accounts. Be prepared for a site inspection; this is often times required by high risk processors. Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by financial institutions. A processor connects to the merchant on behalf of an acquirer via. International merchant support. This isn’t just a struggle for someone new on. Communication Is A Priority; Meet the Team;For a US merchant account, the merchant typically must have the following: 1) US Bank Account. 15 percent of gross sales for any month where a small business merchant’s sales volume ranges from 200 USD to 1,249. Even if those products contain terpenes that are derived from cannabis, we can still provide payment processing. If you've been declined by traditional banks, we know the frustration and can help overcome those hurdles and sign you up for a merchant account in as little as 72 hours. It can be any kinds of foods or supplements that can be considered medically or functionally beneficial to ones body. Nutra Payments Offers Retail & High Risk Nutraceutical Merchant Accounts. 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. 95 – 4. We provide online payment solutions for your business. 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. It is a privately held clearing house owned by less than 50 banks. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. Built-in virtual terminal. One-time & Recurring Payments. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. Accept credit card payments online hassle-free. Obtaining nutraceutical credit card processing is a challenge sellers face. Business dealing in such products is categorized as high-risk business and therefore most conventional banks and merchant processors will. 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. This is well over what Visa considers an excessive level of chargebacks. The financial institution that gives a credit card account to your customer, the cardholder. They’re so well-established in fact that they work with over 60,000 merchants. Allow 3-5 business days for approval of US nutraceutical credit card processing accounts. High Risk Nutraceuticals Merchant Account. Understand Your Business Needs. Nutraceutical businesses can get fast approvals for high risk payment solutions with Revitpay. They can be used by businesses and consumers alike, and they make up a huge percentage of electronic transactions. Overview; Our Partners;. Due to lack of health regularization by the government, Nutraceuticals are tricky businesses to find merchant accounts. C. Vape and E-Cig Merchant Accounts. . 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. 7650 South McClintock. Recurring Payment Support. Contact Information Compliancy Nutra and Supplements Merchant Account. That is because these challenges also create increased risk for the banks and processors who would serve the industry. Visit Website. This aids in ensuring that their product offerings adhere to the standards. 1-888-909-4367. Host Merchant Services: Best for large high-risk businesses. A credit card processing company needs a minimum of $50,000 capital on average. In our experience, cannabis businesses see an average ticket increase of about 17% when they implement card payment services. Paulwell notes that the country has over 50 percent of the world’s established medicinal plants. We offer the industry's first transparent and compliant cannabis payment processing merchant account. This has created a significant demand for online credit card sales and nutraceutical merchant account services. ACH payments for high volume or high risk merchant accounts. Easy Pay Direct. First, on the high risk merchant list is nutraceuticals. Call you today to discuss our high risk ach processing programs. It is projected to leap 20 percent by 2019, and reach $6. The payment gateway from Patriot Bankcard supports multi currency processing in over 160 currencies, including USD, GBP, and euros. South. For example, new rates on utility payments would generate a flat $1. Even if a traditional bank is willing to provide you with a merchant account, the fact that it considers your business to be high risk does not change. 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. Allied Payments specializes in high-risk merchant accounts. Nutraceutical merchants require a card processing associate that works in their best interest. App. Both. Our plans are intended to give you the ease that you want to run your. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. Nutraceutical Merchant Accounts and how to aquire them. Most e-cigarette merchant accounts use one of 2 pricing models; tiered pricing or cost-plus pricing, also known as interchange-plus pricing. Account closure can lead to a negative track record, meaning fewer banks will accept future merchant account applications. With high chargebacks and continuity billing, some banks consider nutraceutical merchants too high of a risk. Home; Blog; Merchant Accounts; Best Nutraceutical Merchant Account Providers; Best Multi-Currency Merchant Accounts January 24, 2023. Regardless of what your product is, nutraceutical merchant accounts are often assigned one of the following SIC codes: 2833: Medicinal Chemicals and Botanical Products. Merchant Login. Gross Sales Monthly Volume. This way, you are denied any chance of getting your hands on a merchant processing account. A nutraceutical merchant is one who sells a pharmaceutical alternative that promises physiological benefits. RCCs are used for a myriad of commercial purposes and by a variety of industries. Nutraceutical related merchants who give awesome items at reasonable costs can hope to remain in business and appreciate outstanding income. 3. An R20 non-transaction account offers users a range of tax benefits. NACHA released its report for Q4 2011 ACH transactions. Nutraceutical businesses are classified. The nutraceuticals marketplace is projected to hit over. These transactions are ideal because the customer is present at the time of sale. Department of State as a sponsor of international terrorism under 22 U. The repercussion of these characteristics is that most, if not all, banks would look at your business with doubt and consider it a high-risk. The bank-to-bank transfers direct payment platform was designed specifically for high risk ecommerce businesses including nutraceutical merchants. 1. A nutraceutical merchant account is a custom-made bank account for businesses in the nutra space. 2834: Pharmaceutical Preparations. 00 USD. Most banks in the world dread dealing with nutraceutical industry. DigiPay’s expanded network of banking relationships accepts the nutraceutical business category and provides competitive rates, terms and conditions. Gain access to an extensive network of domestic and international banks to satisfy your processing needs. 2099: Coffee and Tea Manufacturing. It is difficult to get a merchant account or payment solution for Nutraceutical businesses simply because of their high-risk nature. all the signers to the account. They’re so well-established in fact that they work with over 60,000 merchants. High volume Nutra merchant accounts are our specialty. The NUTRA business model and high rate of chargebacks are to blame. The settlement banks are our clearing banks and are members of MasterCard and Visa associations. This is where the Nutra merchant account comes into work. 95%. Nutraceutical Merchant Accounts 2018. Nutraceutical Merchant Accounts. Step 3: Acquiring Bank Routes the Transaction. Buyers can use a WAAVE account to facilitate repeat purchases and get rewards 2. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. Merchant Uses of Payment Processing Services. Consider establishing both. If processors and banks carefully manage the risk associated with RCC transactions, the potential for fraud can be somewhat reduced. 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. Secure, dependable payment gateway. 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. 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. When a consumer calls a card issuing bank to dispute a charge. Gain access to an extensive network of domestic and international banks to satisfy your processing. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their. With a supplement/nutraceutical merchant account from BankCard USA, you don’t have to settle for exorbitant processing rates, hidden fees and slow equipment. Best Nutraceutical Merchant Account Providers. With regulations on payment processing getting more strict, you will need a solution you can rely on.