Need a Payments Processor for a Peptides Business

[redcactus]

I'm having a tough time finding any sort of processors that will work with Peptide companies. We have no license and simply using disclaimers and research only as many other sites. We dont advertise on FB or G and keeping it low key.
We're a start up as well with no history of transactions except on Stripe (which shut us down after a month). Our product pages are just simply the names of the compounds and disclaimers for non human or animal use.

I see many sites like Artic Peptides, Skye Peptides, etc which have payment gateways to accept cards. I've spoke to a couple of High Risk MPs and they suggested to use the cloaking method. Is there any other straight forward way without all this?
Yes, we accept crypto, but so far zero sales on crypto. Even Venmo and Cash app see very little interaction. We've had a great run with Stripe while it lasted.

Any suggestions or direction on this? feeling defeated already...

 

[clemens]

Try with instabill and approach durango merchant services.

And find many more processors here by upgrading your account
https://www.offshorecorptalk.com/resources/categories/high-risk-merchant-account.15/

 

[redcactus]

Try with instabill and approach durango merchant services.

And find many more processors here by upgrading your account
https://www.offshorecorptalk.com/resources/categories/high-risk-merchant-account.15/

IB doesn't do them anymore. Durango will probably be the same but will check

 

[claphamjunction]

We are in the same boat.

Applied to Durango, Install and many more.

We are UK LIMITED, Australian target market, stripe, square, revolut all have frozen our funds. We are happy to incorporate anywhere.

I have read in threads regarding cloaking method, however the fine details are still very much confusing.

Does anyone have PP or PG that are a surety ?

TIA

 

[redcactus]

We are in the same boat.

Applied to Durango, Install and many more.

We are UK LIMITED, Australian target market, stripe, square, revolut all have frozen our funds. We are happy to incorporate anywhere.

I have read in threads regarding cloaking method, however the fine details are still very much confusing.

Does anyone have PP or PG that are a surety ?

TIA

I wouldn't do any cloaking. Selling Peptides is not illegal when appropriately done. Cloaking takes it into payment fraud territory

 

[claphamjunction]

Have you found any solutions ?

 

[redcactus]

Have you found any solutions ?

Nope. I'm still weighing the options because it's a lot of personal information to fork over and not a straightforward business. You have 2 options (cloaking..which is a hard pass from me) or paying extremely high reserves and fees and hope they don't walk away with you holding the bag.

 

[daniels27]

Why not do cloacking? It is like PayPal, they also use www.paypal.com as payment page.

 

[JohnLocke]

There are a lot of threads in the Mentor Group Gold about cloaking, and there have also been providers who were hardcore about setting this up. From what I understand, it's not straightforward without having everything set up correctly, which also requires quite a bit of technical savvy.

 

[claphamjunction]

Nope. I'm still weighing the options because it's a lot of personal information to fork over and not a straightforward business. You have 2 options (cloaking..which is a hard pass from me) or paying extremely high reserves and fees and hope they don't walk away with you holding the bag.

Hmmm, very much same situation. Please keep me updated if you get anywhere, as will I.

 

[RoaringChimp]

I'm having a tough time finding any sort of processors that will work with Peptide companies. We have no license and simply using disclaimers and research only as many other sites. We dont advertise on FB or G and keeping it low key.
We're a start up as well with no history of transactions except on Stripe (which shut us down after a month). Our product pages are just simply the names of the compounds and disclaimers for non human or animal use.

I see many sites like Artic Peptides, Skye Peptides, etc which have payment gateways to accept cards. I've spoke to a couple of High Risk MPs and they suggested to use the cloaking method. Is there any other straight forward way without all this?
Yes, we accept crypto, but so far zero sales on crypto. Even Venmo and Cash app see very little interaction. We've had a great run with Stripe while it lasted.

Any suggestions or direction on this? feeling defeated already...

Cloaking is a temporary solution, it is better to find a PSP that specializes on your niche

 

[JohnLocke]

Cloaking is a temporary solution, it is better to find a PSP that specializes on your niche

Do you have a website for your business, you are welcome to through it here!

 

[RoaringChimp]

Do you have a website for your business, you are welcome to through it here!

Sure, with pleasure CERF – The CERF
tg: @thecerf_clients
thank you