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Pharmacy Merchant Account

A pharmacy merchant account is a payment solution for online pharmacies. This payment solution gives pharmacies access in order to process credit cards and debit cards. Their customers go to their online pharmacy store and make purchases with using the security of their credit card debit cards. Their items are shipped directly to their door. Customers will feel more comfortable using their card and will also purchase more products. Merchants will profit from selling more products. Customers will not have to send money in, which drastically cuts down on orders and profits. Merchants will not have to worry about individually accounting for each order since the payment processor will send a weekly report to the pharmacy merchant.   

A pharmacy merchant account has several fraud features that will help the merchant combat fraud that is rampant throughout the pharmacy industry. Pharmacy customers will receive real-time approvals and declines on their cards within 1-2 seconds after they have placed their order. Pharmacy merchants will be able to provide PCI compliant processing options for their clientele. There will be no monthly volume caps or limits when they are approved for an account. A weekly bank wire transfer will be sent to the pharmacy merchants. Online pharmacies will have the option of processing their transactions through a virtual terminal or having the customers process the transactions directly through the website. Multiple payment options will provide more orders to the pharmacy merchant.

Pharmacy merchant accounts are approved quickly when the merchant applies with Offshore Merchants. Pharmacy merchants are usually approved within one week. Online pharmacies will need to provide the usually supporting paperwork to show the bank that their businesses are operationally and licensed. Offshore Merchants has been setting up pharmacy merchant accounts since 2007. They are a leader in the pharmacy merchant processing industry.

Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.