1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Looking for a payment processing solution

Discussion in 'Business & Tax Advice' started by billinthemaking, Jun 7, 2015.

  1. billinthemaking

    billinthemaking Registered Member

    Joined:
    Jan 8, 2010
    Messages:
    72
    Likes Received:
    3
    Hello


    I am looking for a payment processing solution to process the payments for my online pharmacy. This is a well established pharmacy had lots of return customer. The chargebacks are less than 1%.

    I don't mind partnering with someone who can process my payments through their merchant account and take some commission on total percentage of sales.

    All orders are shipped within 24 hours and tracking numbers can be provided on request.

    Thank You
     
  2. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

    Joined:
    Mar 21, 2013
    Messages:
    12,463
    Likes Received:
    11,167
    Occupation:
    CHEAP
    Location:
    DATASETS
    Home Page:
    You're a well established pharmacy, why doesn't your bank provide a payment solution?
     
  3. dmhighriskmerchants

    dmhighriskmerchants Newbie

    Joined:
    Jun 8, 2015
    Messages:
    1
    Likes Received:
    0
    We specialize in helpin*g companies in the high risk sector to find and open merchant accounts and full payment solutions. Please Skype ang.dmhighriskmerchants for more information
     
  4. billinthemaking

    billinthemaking Registered Member

    Joined:
    Jan 8, 2010
    Messages:
    72
    Likes Received:
    3
    Even for a well established legit pharma getting a merchant account isn't as easy as you think.
     
  5. billinthemaking

    billinthemaking Registered Member

    Joined:
    Jan 8, 2010
    Messages:
    72
    Likes Received:
    3
    Even for a well established legit pharma getting a merchant account isn't as easy as you think.
     
  6. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

    Joined:
    Mar 19, 2010
    Messages:
    3,813
    Likes Received:
    976
    Gender:
    Male
    Home Page:
    And you chargeback rate is what? You know Visa only? Where have you been processing before and why did you lost your MA?
     
  7. RxAff

    RxAff Regular Member

    Joined:
    Apr 6, 2013
    Messages:
    255
    Likes Received:
    72
    Gender:
    Male
    Location:
    Cocos Islands
    find my skype ID in profile
    I can help you with merchant for pharmacy, if it is hasn't cntrld meds
     
  8. MediaConsult

    MediaConsult Jr. VIP Jr. VIP Premium Member

    Joined:
    Sep 17, 2014
    Messages:
    217
    Likes Received:
    19
    Location:
    OUT OF SPACE
    try stripe.com they are very flexible on commissions especially when you got volume
     
  9. goodperson

    goodperson Elite Member

    Joined:
    Jan 3, 2015
    Messages:
    1,649
    Likes Received:
    227
    Location:
    www.niceaccount.com
    Home Page:
    I used stripe.com . I think it's good. You can try it
     
  10. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

    Joined:
    Mar 10, 2010
    Messages:
    16,654
    Likes Received:
    30,678
    Occupation:
    Selling CPA Sites
    Location:
    Not England
    Home Page:
    OP, any of the "merchant account providers" that suggest that you contact them should be fully vetted before you hop in bed with them.

    One thing you should be checking is if they are listed as PCI certified payment provider.
     
  11. billinthemaking

    billinthemaking Registered Member

    Joined:
    Jan 8, 2010
    Messages:
    72
    Likes Received:
    3
    The chargeback rate is damn low....less than 1%... Yeah i know the VISA only condition of some gateways (the ones that are still providing processing for online pharmacies)....Been processing with different payment aggregators..... But kinda sick n tired of all these scammers :(
     
  12. billinthemaking

    billinthemaking Registered Member

    Joined:
    Jan 8, 2010
    Messages:
    72
    Likes Received:
    3
    Thanks for the suggestion :)
     
  13. billinthemaking

    billinthemaking Registered Member

    Joined:
    Jan 8, 2010
    Messages:
    72
    Likes Received:
    3
    Did you really use Stripe for processing pharma payments ? :10:
     
  14. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

    Joined:
    Mar 19, 2010
    Messages:
    3,813
    Likes Received:
    976
    Gender:
    Male
    Home Page:
    LoL stripe for pharmacy... good luck :D

    That's not the payment gateway nor the acquiring bank that requires Visa only for this type of business it is MasterCard that don't want to process for this industry. Why Visa continues Is a good question. Anyway, using some sort of aggregated account with some processor will bring you in the position to be scammed or the account to be shut down, you may know that very well.

    Going into the Pharmacy business (unlicensed and most often controlled drugs) is like the BHW method churn & burn.. you are limited on time, you need to cash out as fast as possible and already have the next company and website ready! There are millions of $$$ to make easely and fast, if you don't care about ohter people on this earth, which most don't.
     
  15. heinrich pe

    heinrich pe Newbie

    Joined:
    Jun 17, 2015
    Messages:
    1
    Likes Received:
    0
    I'm in the same situation. Stripe canceled our account with a monthly turnover of 20k.
    Did you find any option?
     
  16. johebhasan

    johebhasan Newbie

    Joined:
    Aug 19, 2015
    Messages:
    6
    Likes Received:
    0
    PM me your skype.