If you're pharmaceutical business is in its early stages, then it's ideal for you to take advantage of an offshore merchant account. You may ask, what could be risky about a pharmaceutical business that it's better to be set up offshore?
Here's a rundown of why pharmaceutical business are consider high risk:
● sky-high amount of chargebacks
● shaky credit rating
● undetermined business life expectancy
Credit card processing companies are almost always nervous about accommodating pharmaceutical merchant accounts because of the high probability of chargebacks, unstable credit rating and the that the business may close sooner than never expected.
Get more information on pharmaceutical merchant accounts by reading the complete article:
Prescribing offshore pharmacy merchant accounts for your medicine business
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