Retail A retail nutraceutical merchant account is a type of supplements merchant account specifically designed to accept face-to-face payments from debits and credit cards. Ideally, this type of nutraceutical merchant account utilizes the credit card machine or point of sale. It is mainly used by businesses with a wired internet connection plus traditional brick-and-mortar stores. The retail payment guarantees almost zero cases of fraudulent activities plus a reduced risk of chargebacks compared to other merchants. Mobile Payments As an alternative to the retail supplements merchant account, a mobile payment account provides the opportunity for nutraceutical-based companies to accept in-person payments. This nutraceutical merchant account utilizes credit card swiping attachments, mostly installed on mobile devices, iOS, or iPad. If you’re in the nutraceutical industry and your operation is outside the traditional storefront, you can try a mobile payment account. It has reduced rates of fraud and chargebacks similar to retail merchant accounts. Some businesses operating outside the traditional storefronts can include conferences, farmer’s markets, conventions, and more. Virtual Terminal Payments With a virtual terminal payments supplement merchant account, companies can accept payments via several mediums, including over the phone, a laptop, and even emails.  Virtual terminal payments are an excellent merchant account for businesses that already accept a significant volume of sales over the phone. As it provides customers with a wide range of options to make payments, these payments are vulnerable to fraud, scams, and chargebacks.  However, partnering with the right nutraceutical credit card processing company is a surefire way to protect your virtual terminal merchant account by integrating fraud prevention tools. eCommerce Payments If, as a nutraceutical business, you desire to sell your product online, you would undoubtedly require an eCommerce merchant account. The eCommerce merchant account is mainly integrated with major payment gateways as well as website shopping cards, creating an opportunity for a simple and hassle-free setup. As with other online merchant accounts like the forex and crypto accounts, the eCommerce merchant account is also vulnerable to fraud, scams, and chargebacks. Therefore, you must mitigate these risks by partnering with the best nutraceutical credit card processing company to integrate high-level tools for disputes, chargebacks, and fraud prevention.