Nutra Credit Card Processing

The Nutraceutical industry is a bi-product of the pharmaceutical industry, providing products that are regulated by the FDA, falling in the category of dietary supplement and food additives. The growth of the Nutraceutical industry has been quite substantial with estimates of it being a nearly $200 billion dollar a year industry in 2016, and projected to be a $285 billion dollar a year industry by 2021, making the nutra credit card processing industry a very lucrative niche to work in.

Many of the nutraceutical businesses operating over the internet have a recurring payment business model that can make finding a nutra merchant account a difficult task.  Most payment processors and banking institutions do not want to accept merchants with a billing system that historically has high chargebacks and returns.