A pharmacy merchant account is used by pharmacy merchants for receiving payments from their customers. The speed of the internet has increased over the last decade and if your online company does not accept credit card or debit card payments you will fail. Online pharmacy merchants have a few different requirements before and after approval to make sure that they are in full compliance with the bank. Online pharmacies will have some options for where they will be able to process however many online pharmacies have found themselves out of business because they have worked with the wrong bank or payment processor.

When a pharmacy is looking to be approved for a merchant account, the pharmacy merchant will need to provide a package of documents that is very similar between all payment processors in the industry. This package will include a number of documents including; application, photo ID passports, licenses, bank statements, processing statements and a fully functional website. The bank will check all documents and also the website to make sure it is in full compliance. If everything checks out, the processor will approve the merchant.

Offshore Merchants has been setting up pharmacy merchants accounts since 2007. All pharmacy merchants will receive features to assist them in setting up and running their online pharmacy. Merchants will have access to detailed reporting for; sales, refunds, chargebacks and settlement of funds. Pharmacy merchants will receive weekly payments and there will be no volume restrictions. The merchant accounts will be PCI compliant and the gateway will have easy integration into all shopping carts. Online pharmacies will be able to process all major credit cards. Pharmacy merchants will have the choice of running their sales through a virtual terminal or manual over the phone orders or with their shopping cart for online orders.