If you own an online pharmacy, you’ve probably run into challenges getting approved for a merchant account. Selling prescription medication online means acquiring merchant banks consider your business high risk. Instabill has just what the doctor ordered with our pharmacy merchant account solutions.
Instabill’s established network of offshore banks has liberal underwriting policies. This allows us to approve high risk merchant accounts. With our solid infrastructure, we can take even more credit card processing risks. For e-commerce merchants with limited or no processing history, we offer third-party merchant account solutions.
When it comes to payment security, the safest way to purchase prescription drugs is by going to the old brick-and-mortar drug store, but people nowadays need the speed, ease, and privacy of buying online. With all the online pharmacy scams circulating the Internet, you want to reassure your customers that your business is trustworthy.
How do you make sure consumers know you’re a dependable pharmacy merchant? Here at Instabill, our online pharmacy merchant account holders can only process FDA approved drugs and prescription medication.
Although this is not a requirement of Instabill for payment processing, another way to guarantee the safety of your online prescriptions and drug sales is to get a seal of approval. The National Association of Boards of Pharmacy (NABP) developed the Verified Internet Pharmacy Practice Sites (VIPPS) accreditation program. If your customers see the VIPPS Seal, then they know your online pharmacy is a credible source.
For more information about getting approved for an Instabill pharmacy merchant account, call 1-800-318-2713 or contact us online to speak to one of our friendly account managers.