Merchant Services For Skin Care Products With Merchant Stronghold. Apply Today.

Obtaining a merchant account for the cosmetic and skincare industry has grown to be very challenging. This problem is mostly caused by the widespread assertion on numerous websites that certain products can alter the tightness and colour of the skin. Most of the time, no pharmaceutical firm or research organisation has medically validated these claims. Companies that process payments must abide by the policies and rules of different card networks and governmental agencies. Few economies in the world require manufacturers and sellers to hold multiple licences if they make claims about how their product affects the skin.

Genuine skincare product makers and dealers have it tough due to the aforementioned challenges. Skincare and cosmetics retailers still have many options for acquiring a payment gateway for skincare. One of the very few solution providers that collaborates with retailers of skincare and cosmetics is Merchant Stronghold. Apply now.

 

The procedure for applying for merchant services for skincare products

 

You must send an application and your KYC documentation as a first step in obtaining a credit card processing account for your company. Typically, KYC documentation for cosmetic retailers will comprise the

 

• Business licence

• Void check

• Utility bills

• Business plan

• Previous processing statements.

• Lab Certificate

• Ingredients List

• Supplier agreement/Whiteley contract

• Other Certifications. Made Safe, EWG, USDA Organic or NSF/ANSI 305.

 

Due to the fact that you are selling physical goods, you must submit these documents. When you sell physical products, the payment service provider needs to know where you are sourcing the products. To improve the chances of you getting credit card processing for skin care businesses, we recommend you send the composition of each product.

• If your products are certified by any agency, you should also submit the product’s certification.

• If your product complies with an industry standard, you should send the compliance certificate.

 

The more honest you are, the more likely it is that your application for a cosmetics merchant account will be approved. You shouldn't make any claims on your website that a product cannot achieve in order to be safe. Because the websites make claims that the consumer would eventually attain, many applications are turned down.

 

Processing Of Retail Credit Cards For Skin Care Products.

 

Check out our Skincare Payment Solution if you own a retail business and want to accept credit card payments. We provide brand-new devices with several connectivity options, quick charging, and longer battery life. We can set up a payment plan for regular monthly deductions, or you may purchase these equipment with a one-time payment.

Contact Merchant Stronghold if you need a low risk merchant account and high risk merchant account.