What is an Online Pharmacy?

Online pharmacies operating online require robust financial services for payment processing, given the increasing trend towards online purchases. However, securing reliable and affordable merchant services has proven challenging due to stringent regulations and restrictions. The advent of accreditation programs such as NABP and LegitScript has allowed legitimate online pharmacies to operate in a regulated manner and obtain merchant accounts through PSPs specialized in this industry.

Why Online Pharmacy Merchants need to apply for a Merchant Account

High Risk Concerns

Merchants and payment processors encounter concerns and hurdles when dealing with the sale of diverse pharmaceutical drugs. Among the prevalent challenges observed during the underwriting of online pharmacy merchant account applications are chargebacks, violations, and TMFs.

Online Pharmacies face high merchant fees

Online pharmacy businesses encounter elevated costs, largely due to being classified as higher-risk merchants. This classification substantially inflates the expenses associated with payment solutions.

Compliant with regulations

In order to get a merchant account, you must get certified as a legitimate provider by an accreditation program such as LegitScript or NABP. This tells card networks such as Visa that your online pharmacy has been reviewed and certified to be operating in compliance with applicable laws and regulations.

Are you Eligible for an Online Pharmacy Account?

Acquiring partners and PSPs consider each application based on the circumstances of the business owner.

Do you have questions about the process and merchant account eligibility requirements? If so, contact our team to have all your questions answered.

Supporting Documents Checklist

Drivers License or Government Issued Photo ID
Document showing Proof of Company Registration (Sole Proprietorship, LLC, ETC)
Voided Check/Bank Letter
3 Months Bank Statements
3 Months Processing Statements (if available)
Articles of Incorporation
Fulfillment Agreement
Compliant Website
Necessary Permits & Licenses for your Online Pharmacy

Additional Requirements

Merchant accounts for this business category are only available for merchants based in the United States.
Acquiring partners and PSPs will require and verify licensing and applicable accreditation programs such as NABP and LegitScript as well as the business’s operations.

Get Started today with three easy steps

Apply Now

✓ Fill out our quick and simple Online Pharmacy application
✓ Securely upload any supporting documents

Get Approved

✓ Our trained professionals identify the best payment solutions for your Online Pharmacy business
✓ We work with our acquiring partners and PSPs to secure a speedy approval for your Online Pharmacy merchant account

Start Processing

✓ Our technical team helps with payment gateway integration and initial testing
✓ Our accounts supports team is available as you grow your Online Pharmacy business

Ready to Grow your Online Pharmacy Business?

Get Started!