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  1. #1
    Join Date : Apr 2011
    Posts : 112

    Default Credit Card Processing for Online Pharmacies

    Hi

    A friend of mine is planning to setup an online pharmacie, selling ED Products (Generic Sildenaf. ...)

    Customers should be able to pay with Credit Card.

    Which card processing companies are using the big online pharmacies out there?

    -> GSPAY?
    -> INSTABILL?

    For example this two, they accept selling RX drugs?

    Are there more companies out there accepting this type of business?

    Im thankful for informations/suggestions/assistance


  2. #2
    Join Date : Jan 2011
    Posts : 179

    Default Re: Credit Card Processing for Online Pharmacies

    Google is your friend, use the keywords above for reviews of them.
    If goods do not cross borders, armies will. - Bastiat
    Where liberty dwells, there is my country - Franklin

  3. #3
    Join Date : May 2012
    Location : Agoura Hills, California
    Posts : 15

    Default Re: Credit Card Processing for Online Pharmacies

    Are you still looking for a credit card processing company for this? I can help...

  4. #4
    Join Date : Jan 2007
    Location : San Jose, Costa Rica
    Posts : 104

    Default Re: Credit Card Processing for Online Pharmacies

    There are a variety of companies providing processing service to the online rx industry.

    The biggest challenge you are going to face is that your business is a start up with no processing history, no track record and no consistent verifiable volume.
    Experienced Offshore Banking professionals and Offshore Incorporation & Company Formation Agents & Managers for more than a decade. Benefit from our experience
    Specialists in Online Gaming & MLM Businesses
    http://offshorexplorer.com

  5. #5
    Join Date : May 2012
    Location : California
    Posts : 8

    Default Re: Credit Card Processing for Online Pharmacies

    Quote Originally Posted by ortonstarus View Post
    I want to getting some good ideas about processing services how can we apply this services and how many companies allowed online credit card processing services?
    I always see a banner running for off shore and high risk merchant accounts from a company named Maverick Bankcard.

    I think some companies use off shore credit card processing for businesses like online pharmacies and whatever is considered high risk. The rates are usually higher but I think it is worth it.

  6. #6
    Join Date : Aug 2011
    Location : theoffshoreadvisor.com
    Posts : 1,420

    Default Re: Credit Card Processing for Online Pharmacies

    Most high risk merchant programs are complete scams since there is no way to legally process many high risk businesses like RX orders through Visa or MasterCard without a proper Rx license, otherwise they are coded it as something other than RX. This of course means when the first charge backs hit the merchant provider will know what is going on and freeze the account if the agent does not skim all the proceeds first.

  7. #7
    Join Date : May 2012
    Location : California
    Posts : 8

    Default Re: Credit Card Processing for Online Pharmacies

    I was looking up some online pharmacies on google and there are many that sell generic ******, birth control, etc. I was wondering how exactly they can do that without a prescription.

  8. #8
    Join Date : Jan 2011
    Posts : 179

    Default Re: Credit Card Processing for Online Pharmacies

    Quote Originally Posted by BenG View Post
    I always see a banner running for off shore and high risk merchant accounts from a company named Maverick Bankcard.

    I think some companies use off shore credit card processing for businesses like online pharmacies and whatever is considered high risk. The rates are usually higher but I think it is worth it.
    BenG is Maverick Bankcard, a troll. Banned before under his own name. Over 80 complaints at the Better Business Bureau. Great choice for someone who wants trouble.
    If goods do not cross borders, armies will. - Bastiat
    Where liberty dwells, there is my country - Franklin

  9. #9
    Join Date : Feb 2012
    Location : matrix
    Posts : 12

    Default Re: Credit Card Processing for Online Pharmacies

    GSPAY is a SCAM 100% , i was scammed for 12000$ , they holded my money for 1 year and not released this. a BIG BIG scam, please dont trust this bastards, i lost 12000$ , they paid me , but the Holdback they never paid. Said banks cant release it. So i just lost it. 12000$

    that was insane, i contacted their phone, their scam UK company, and many more - as i noticed they open new company in every 6 months or so.

    They will process your orders and pay on time, but you can forget about the 10% holdback money , they say 6 months, then GSPAY scam will promise in 1 year they release the hold, then GSPAY scam will say the bank put a penalty on your money. This is a 100% scam !!!

  10. #10
    Join Date : Dec 2010
    Location : New Zealand
    Posts : 11

    Default Re: Credit Card Processing for Online Pharmacies

    Quote Originally Posted by BenG View Post
    I was looking up some online pharmacies on google and there are many that sell generic ******, birth control, etc. I was wondering how exactly they can do that without a prescription.
    I have wondered this too. There are so many "supplement" companies that sell (for example) penis enlargment pills or weight loss pills, but all ingredients are natural.

    My guess is that these are classified as vitamins rather than actual drugs requiring a prescription. I assume these sellers set themselves up as a vitamin/supplement company maybe?

    Anyone know how they do this?

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