Peptide Merchant Accounts – Get Yours Today

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Last Updated on April 22, 2024 by Corepay

The peptide industry has taken off with the rise of social media. While the peptide industry can be highly profitable, it comes without challenges. At Corepay, we offer the best peptide merchant accounts currently available.

When it comes to peptides, we have seen many companies take off, but we have also watched many illegitimate businesses fall by the wayside. Because of this, we have a strict underwriting process to ensure that we work with legitimate businesses in it for the long haul.

*As of April 1, 2024, we are unable to assist peptide platforms that aren’t Legit Script certified, due to the Visa Integrity Risk Program.

Key Takeaways

• Peptide merchants need help finding credit card payment solutions, often turning to offshore processing options.
• Corepay offers reliable and cost-effective payment processing for high-risk peptide merchants.
• To improve approval rates, merchants should ensure they have all required documents and a completed website, using industry-approved shopping cart software and an SSL certificate.
• Corepay offers offshore merchant accounts.

Why Are Peptide Businesses Profitable?

Peptide businesses are profitable for several reasons. To start, there is a growing demand for peptide products in the health and fitness industry in the USA and globally. 

Peptide supplements and bodybuilding enhancements have gained popularity among individuals looking to improve their physical performance and achieve their fitness goals. 

During covid-19, peptides started to take off with fitness social media accounts popping up everywhere. Since then, they have grown stronger and become more prominent.

*We also offer the following:

• Weight loss merchant accounts
• Telemedicine merchant accounts

Applying For A Peptide Merchant Account

When you’re ready to start accepting payments for your peptide business, applying for a merchant account is straightforward.

• Voided check
• Proof of business/personal bank account
• Prior processing history
• Fully compliant website
• Chargeback history

Why Choose Corepay For Your Peptide Processing

 

Choose Corepay to inject your peptide business with success; look no further than Corepay. We have worked with peptide merchants for several years and have helped them grow to the next level.

With Corepay, you can expect fast approval and secure processing, ensuring your transactions are protected against fraud and cybercrimes.

In addition to providing exceptional customer service, Corepay offers fast funding options and lower reserve options for peptide merchants. This means you can access your funds quickly and efficiently, allowing you to focus on running your business without any financial constraints.

• 24/7 customer services
• Fast onboarding
• Highly competitive rates
• Over 20 years of payment processing experience 
• Deep understanding of the peptide industry
• Maximum approval rates

Why Are Peptides High-Risk?

When it comes to peptides, there are several reasons why they’re considered high-risk.

Chargebacks

Peptide merchants need help dealing with chargebacks, which can impact their bottom line and hinder business growth. Peptide merchants must understand the potential risks associated with chargebacks and take proactive measures to minimize them. 

Unfortunately, many peptide merchants end up on the MATCH list due to rampant chargebacks.

By understanding the challenges posed by chargebacks and adopting proactive measures, peptide merchants can protect their businesses from financial losses and ensure sustainable growth in this competitive market.

Lack Of Trust

Due to the high-risk nature of their industry, peptide merchants often need help to gain the trust of customers and financial institutions alike. The reputation of the peptide market has been marred by fraudulent activities and unscrupulous practices in the past, making it difficult for legitimate businesses to establish credibility.

Lack Of Regulation

In the unpredictable world of the peptide industry, finding a reliable partner who understands your unique needs and can navigate the murky waters of lack of regulation is challenging. However, with Corepay’s payment processing solutions, you can overcome this obstacle and find peace of mind in your business transactions.

Customized Merchant Accounts To Increase Your Profits

By tailoring your merchant account to meet the unique needs of your business, you can maximize your profits and unlock new opportunities in the competitive world of peptide sales.

A customized merchant account from Corepay allows you to optimize your payment processing for peptides, ensuring seamless transactions and increased revenue. With our expertise in high-risk payment processing, we understand peptide merchants’ specific challenges and offer reliable and cost-effective solutions.

You can expect us to go over all of the following before onboarding you:

• Rate
• Reserves
• Payout Cycle
• Volume Limits
• EU Registration
• Chargeback Limits
• Banking Requirements
• Accepted Currencies
• Virtual Terminal Access
• Payment Gateway

Improving Your Peptide Approval Rate

Boost your chances of approval and unlock new opportunities for your peptide business with a customized merchant account tailored to your industry’s unique needs.

• A completed website with business info, a list of Peptide products 
• A shopping cart software that is an industry approved for security and functionality
• SSL
• Matching business contact info, address, phone, and email address on the website

Can Merchants Use Paypal For Peptides?

Unfortunately, the answer is no. Due to its strict policies and risk management practices, Paypal does not support peptides or other high-risk industries transactions.

This can frustrate many peptide industry merchants seeking a convenient and widely accepted payment solution.

However, there are alternative payment processing options available for peptide merchants. These options cater specifically to high-risk industries and offer secure and reliable payment solutions.

We advise seeking a high-risk payment processor familiar with the industry and who knows the challenges of boarding peptide merchants.

At Corepay, we offer highly competitive rates and pride ourselves in transparency.

Wrapping Up

If you’re looking for a reliable peptide payment processor, skip the foreplay and come to Corepay.

We can take your business to the next level, help you maximize approvals, and keep your account in good standing.

Please fill out the application below to find out what Corepay can do for you.