Jan 16, 2018

5 Ways to Get a High-Risk Supplement Merchant Account

In November 2017, the Florida-based supplement company, NextGen Nutritionals, LLC, settled its false advertising charges with the Federal Trade Commission. The FTC stated the company advertised that its supplements could do everything from prevent and treat HIV/AIDs to extreme weight loss but didn’t have any proven evidence to back up their claims. Part of the settlement prevents the company from...

Feb 19, 2016

FDA Puts the Squeeze on Pharmacies | Your Pharmacy Merchant Account

Many patrons of online pharmacies are having trouble purchasing medication from cheap, international online pharmacies using credit cards. Despite the fact that international drugs are 60 to 70 percent less expensive than drugs from the United States, Mastercard and Visa have formed an alliance with the Center for Safe Internet Pharmacies (CSIP) to stop the operation of “unsafe online pharmacies.”...

Jul 23, 2015

Nutraceuticals Under The Microscope

While the buzz amongst consumers is favorable, the FDA and other regulators are looking over the nutraceutical industry. From false claims, to unknown product origins, there are multiple reasons why the Feds and interested in finding out more about the industry. While scrutiny is being placed on the industry, and perhaps rightfully so, consumers will want their products. This is...

Oct 13, 2014

Economy Growth Is Great For Nutraceutical Business

The economic crisis of 2008 hit the world hard and plummeted many countries into a deep and long recession. The great news is that the recession is looking to be slowing lifting in America with the recovery and economic growth. There is still a long way to go before any country is back in a position better than before the...

Jul 29, 2014

Steps for Opening a Vitamin Supplement Company

Starting a supplement company could provide a great opportunity. Using a business as vendor’s license anyone can operate out of their home selling supplements. After deciding to start a supplement business it is important to identify which items will be sold through your company. Herbs, vitamins, protein, sports products, and diet aids are all possibilities. Next, as with any business...

Jul 28, 2014

Business Trends in the Nutraceutical Industry

Nutraceuticals, or natural medications, are garnering a lot of attention for various reasons. While many are still weary of these medications, many embrace them, thus bringing forth emerging trends in their sales. Every year brings in something new, and 2014 has not disappointed. Almond milk had been projected to be a huge seller in 2014, and so far, the predictions...