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Old 12-06-2011, 03:53 AM
MerchantSolutions MerchantSolutions is offline
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It depends on where your pharma company is registered. Are you registered in the US or in another country like India or the UK? Another key determining factor is what type of volume you process and whether it?s recurring transactions / continuity business. Are you selling a type of neutraceutical? A lot of online pharmacies have been shut down by merchant processors for selling substances that they should not be selling. This has made the processing community place almost all online pharmacies into a high risk category and they usually scrutinize these accounts much more than one selling ?sneakers?. If your business won?t allow you to use third party processing it would be best for you to reach a payment service provider or ISO that has several online pharma processing businesses in their portfolio so they can best assist you with any processing or business questions you may have. Please be sure to ask for references when making this decision.
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