It’s no secret that medications in America are high compared to the rest of the world. As a result, many people are finding alternative ways to obtain cheaper drugs through online pharmacies. An online pharmacy is based on the Internet and is a vendor of prescription drugs. These pharmacies have become popular because they can sell drugs much cheaper due to a larger clientele served from one location, while regular pharmacies have the added cost of establishing a network of physical pharmacies. The demand for online pharmacies is growing which makes it a prime market to invest in. If you are looking to start your own venture, consider opening an online pharmacy merchant account.
Unfortunately, for as many new and legitimate pharmacies there have been, there are just as many fraudulent ones. These pharmacies might send customers non-U.S. versions of your desired drug, an incorrect dosage, incorrectly labelled products, the wrong prescription, or even sugar pills. In most cases no one is monitoring the behaviors of illegitimate online pharmacies as most are located in foreign countries. However, there’s not much the FDA can do about these businesses since there is no law explicitly forbidding importing prescription drugs from foreign countries. And if a consumer purchases a drug that gives them an adverse reaction, there is no recourse that can be taken by the FDA.
Still when it comes to foreign online pharmacies, drug costs are so much cheaper it is just too tempting for some consumers to pass up. The FDA recommends sticking to online pharmacies that reside in the U.S. and Canada since Canada has similar drug standards to the United States. The FDA reports that there is a growing number of online pharmacies that claim to be Canadian that actually are not. Real Canadian pharmacies are certified by the Canadian International Pharmacy Association and are CIPA-certified, but they can’t be verified by U.S. pharmacy bodies.
Now is the time to open your pharmacy merchant account or to expand your physical pharmacy to the internet. eMerchantBroker.com is the number one pharmacy merchant account provider in the nation. Our account managers are the most experienced in the business and will grow your account through 24 hour monitoring and convenient payment processing solutions.