Quick Answer: Payment gateways for nutraceutical businesses in the UK must support supplement e-commerce transactions, subscription and recurring billing, compliant health claim product listings and 3D Secure authentication. Standard payment gateways including Stripe, PayPal and Shopify Payments routinely terminate nutraceutical and supplement businesses because the sector is classified as high-risk. We Tranxact Ltd is a […]
Quick Answer: Nutraceutical and supplement businesses are routinely declined for merchant accounts by mainstream UK payment providers because the sector is classified as high-risk due to health claim regulations, elevated chargeback rates, subscription billing complexity and the proximity of nutraceutical products to regulated pharmaceutical categories. A nutraceutical merchant account decline from a mainstream provider does […]