Hims & Hers Payment Processor Revealed

Last Updated on March 8, 2024 by Corepay

Established in 2017, Hims and Hers has exploded on the scene as one of the leaders in telehealth services. Telemedicine payment processing is one of the most complex out of all high-risk verticals, as several products are heavily scrutinized. 

If you’re a telehealth startup or simply looking to expand your payments ecosystem, look no further than our team at Corepay, as we are highly familiar with the telehealth industry and frequently board these types of merchants.

Hims and Hers currently use Stripe as their payment processor, despite Stripe typically not working with these types of merchants.

Key Takeaways

• Hims & Hers payment processor is Stripe
• Hims & Hers provides access to products and services through Pharmacies, Labs, and Medical Groups.
• Hims & Hers can use Stripe because it has such a high monthly volume.

Who Does For Hims Use For Payment Processing?

Hims and Hers have been with Stripe for multiple years as they are able to leverage their high monthly volume to take advantage of some of Stripe’s perks.

Can Others Use Stripe For Their Payment Processing?

Stripe typically only boards high-risk merchants who are processing high monthly volumes. 

Alternatives To Stripe For Telehealth Companies

You could choose several options for your Telehealth company rather than Stripe. Our top choices are Verotel, ourselves, and CC Bill.

Corepay

At Corepay, we have been boarding telehealth companies for several years, and we offer our own in-house anti-chargeback suite so that you can ensure you hold on to your revenue.

Verotel

Verotel is a good option for telehealth companies with poor credit and no previous processing history. While you may pay more in fees, they can take on the risk as well as anyone.

CCBill

CCBill is another company that can work great for startup companies that can’t use services such as Stripe. CCBill has a risk appetite, but again, you will pay considerably more for their payment processing.

Why Choose Corepay

For a seamless payment processing experience that prioritizes customer service and security, look no further than Corepay. Here’s why:

• Corepay offers fast and easy approval for telemedicine merchant accounts, with competitive rates and zero setup fees.
• With Corepay, you can accept all major credit cards, eChecks, and ACH payments without hidden fees or minimum transaction requirements.
• Corepay has a team of experienced professionals who will work with you at every step, from application to implementation, to ensure your payment processing is tailored to your needs.
• With state-of-the-art fraud detection and prevention tools, PCI compliance, and encryption technology, Corepay prioritizes the security of your business and your customers’ sensitive information.
• 24/7 customer services
• Highly competitive pricing
• Chargeback management