HCG = Human Chorionic Gonadotropin
While we are no longer able to support standalone HCG accounts, we are still the number one merchant account provider in the supplement and nootropic space.
If you are a pharmaceutical company that offers legitimate HCG prescriptions, we have a solution to process payments for your company.
Get merchant processing for your supplement business today:
Human Chorionic Gonadotropin, commonly referred to as HCG, is a hormone that is naturally produced during pregnancy but was at one point commonly used for weight loss purposes.
The Certified Payment Professionals at Easy Pay Direct make a point of understanding the regulations around selling supplements online. This enables us to help guide entrepreneurs when they’re looking for Supplement Merchant Accounts (or Nootropic Merchant Accounts).
The truth about HCG and online retailers
Today HCG can no longer be purchased without a prescription.
The FDA voices that these products are ILLEGAL: http://www.fda.gov/ForConsumers/ConsumerUpdates/ucm281333.htm
Historical post on HCG:
Online retailers selling HCG have had anything but a smooth road when attempting to get approved and set up with a merchant account for their websites. This has mostly been due to FDA regulation crackdowns (and additional rumors of such). The sites that have actually had success opening merchant accounts have encountered numerous issues and many have had their merchant accounts frozen or shut down only weeks later. There was a time when positioning the product in a certain light
Merchant account program could be specifically designed for HCG retailers–adhering to all federal regulations. The FTC was mandating that HCG retailers refrain from marketing HCG supplements as “homeopathic”; which meant zero language referring to a “homeopathic” solution could exist on their website. The FDA was extremely strict about the verbiage for this, so it was important for HCG companies to team up with a merchant account provider that could help guide them through the pitfalls and ensure approval.
Contact Easy Pay Direct at 800.805.4949 for additional information.
Merchant Accounts & Payment Processing that were made for you:
Businesses in the supplement and nootropics categories constantly face merchant account shutdowns, freezes, reserves placed on accounts, and worse.
The only way to stop this from happening is to ditch the basic payment processors that do not support your business vertical and upgrade to a platform that was literally built for your industry…
99% of merchant account providers claim they work with supplement businesses and other high risk categories are lying.
They operate on an approve first, ask questions later mentality.
The problem with this is they will shut you down at the first sign of risk. This could be from a single chargeback, too many refunds to declines, or simply because someone ELSE that is also in your industry did something to upset them.
And these are just the very basic examples…
So if you want to stop worrying about a merchant account shutdown, click the button below to get started with Easy Pay Direct.