The major reason to buy online medicines is less interaction.
Sometimes people hesitate to talk about their medical need. Some people prefer to be anonymous when buying erectile dysfunction (ED) medication.
Along with that online pharmacy gets the order delivered faster at your doorstep and the price is definitely much cheaper than the regular store.
Controlled and noncontrolled Drugs
From the government’s prospects, they have created a list of control medicines and substances.
FDA (Food and drug administration) Authority has strict and stringent policies.
Online pharmacy merchants should never sell controlled medication. Control medication requires approval by the medical authority and also merchants should not put someone’s life at risk for a small profit. Selling controlled medicine and substances can lead to permanent account closure and blacklisting for the merchant.
High chargeback is again a big drawback for online merchants specially selling pharma products.
If the customer is not satisfied with the product they can simply raise an objection and can raise a chargeback by the issuing bank,
Selling pharma products online for controlled and non-controlled drugs required a merchant account for Pharmacy.
Does your business have your own in-house doctors or independent doctors who can prescribe medicine on behalf of your company or you want to offer telemedicine capabilities to your customers?
Whatever you need is PayQ can sustain your business model and can help you grow in your business. We are currently one of the largest online payments processing companies for high risk business specially for pharmacy merchant accounts across the globe.
We have options for both API and Virtual terminal Payment gateway for the merchants where our merchants can process payment easily without any hassle.
Doesn’t matter if you’re looking for an offshore merchant account or onshore merchant account and payment gateway for Pharmacy, our rates are very competitive and with our advance payment gateway for online pharmacy business , we can secure your transactions with 3-D and non-3D payment gateway, that will help your business to fight back any frauds or transactions which might turn out to be a chargeback in future.
For payment gateway for pharmacy or merchant account for pharmacy, you would require a few additional steps apart from the standard documentation.
Online Pharmacy Company must have VIPPs or legal script certified.
The domain name used for sale of prescription should be registered accurately and non-anonymously and it should be on the name of the merchant’s business or DBA
The merchant must provide a pharmacy license if required for the jurisdiction where they are operating.
Along with the above-required documentation, the policy documentation that pertains to consent agreement with the governing authorities applicable is also mandatory and Shipping documents plus custom clearance certificate.
With PayQ, you don’t have to look out for any other options; you will find everything in one place. We are a one-stop shop for all your online payment processing needs.
Fill up the Application Online.
Submit the relevant documents.
Your business goes through underwriting
Start accepting payment in 2 days.
E-Commerce and Retail Options
Medium/High Risk Accounts
Chargeback Free Payment Gateway
Chargeback Prevention Filters
3D Secure Frictionless Checkout
Virtual Terminal Payment Gateway
International Merchant Accounts
Payment Gateway for Recurring Billing
Merchant Account for High Risk Businesses
Cross Border Transaction
3D Secure Payment
Global Payment Gateway
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