Merchant Accounts For Pet Products
An Overview
SoarPay offers credit card processing solutions for pet product stores.
Why We Proudly Offer Solutions for Pet Product Businesses (Even When Many Processors Don’t)
Pet products can include anything from pet toys to clothing, vitamins, pet food, and medications. With so many pets out there that need care, it’s a fantastic business. Unfortunately, many merchant services companies do not work with pet product businesses, for three primary reasons:
- Many pet product companies sell vitamins, medications, and other products which are regulated (especially if humans could consume or use them). The nature of these products means that many banks and processors are unwilling to underwrite businesses that would sell them.
- Many pet product businesses sell their goods primarily through Internet distribution. Internet sales are often perceived as “high risk” within the merchant services industry because the card and cardholder are not present.
- Some pet product businesses have a moderately high chargeback rate, due to potential issues with delivery, clothing size issues, or customers being unhappy with the results from supplements, vitamins, and medications.
Due to these three risks, many merchant services providers decline to accept any pet product business, whether they operate as an online store, a physical retailer, or even a manufacturer, wholesaler, or distributor.
Soar Payments, by contrast, has consistently offered solutions for the pet product industry since our founding. Our extensive relationships with credit card processors and sponsor banks who have the capability to underwrite regulated industries, in addition to our integration of chargeback and fraud prevention software, uniquely positions Soar Payments to provide retail, e-commerce, and phone order pet product businesses with stable, effective, long term credit card processing solutions.
Frequently Asked Questions
Here are common questions specific to pet product merchant accounts:
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What types of businesses selling pet products do you service?
Soar Payments offers merchant processing solutions for a wide range of retail, eCommerce and mobile-based businesses in the pet product industry. These include your typical brick-and-mortar apparel retailer (including unique pet clothing shops and others), as well as online retailers of pet products, plus other B2B pet product businesses including artisans and manufacturers, wholesalers, and distributors.
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Is Soar Payments compatible with my existing POS (Point Of Sale) or shopping cart software?
Established pet product businesses typically have a preferred eCommerce or Point Of Sale (POS) software platform they use. Because Soar Payments works with most major payment gateways (including Authorize.net, USAePay and NMI), our pet product merchant accounts integrate with most popular software suites used by pet product businesses including Shopify, WooCommerce, BigCommerce, Magento, and WordPress.
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Do you accept dropshipping businesses in the pet product industry?
Soar Payments partners with some of the best banks and processors in the merchant services industry to offer solutions for dropshipping pet product businesses. If you have a business that sells pet products online using dropshipping, then Soar Payments can provide access to processing partners who will work with dropshipping businesses like yours.
Want more information? Click here to read our extended list of our FAQ.
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Types of Pet Product Merchant Accounts
Soar Payments offers a full-array of merchant accounts to online, brick-n-mortar, and other businesses in the pet product industry. These include:
Retail Payments
A retail merchant account for pet products enables businesses to accept face-to-face debit and credit card payments via a traditional credit card machine or point of sale system.
Ideally suited to a storefront or retail setting with reliable internet access, retail apparel credit card processing accounts typically have the lowest chargeback and fraud risk and as a result are afforded the lowest credit card processing pricing.
Mobile Payments
A mobile merchant account for pet products enables your business to accept face-to-face credit and debit card payments via a swiper (included with each account) that plugs into your mobile phone or iPad.
Appropriate for businesses that frequently conduct face-to-face sales outside of a storefront, mobile accounts are priced similarly to retail, due to their lower chargeback risk.
Virtual Terminal Payments
Also called a payment gateway merchant account, a virtual terminal enables businesses to accept payments over the phone, via mail, or typed into a computer (without needing outside equipment). They also have invoicing solutions which allow the merchant to email an invoice to the customer, which they can pay online.
A pet product payment gateway account is ideal for businesses that accept payments over the phone, or via mail order. Virtual terminal payments are particularly vulnerable to fraud, therefore Soar Payments offers integrated chargeback protection.
eCommerce Payments
An eCommerce apparel merchant account allows you to accept credit card payments via your website’s online shopping cart.
Our eCommerce credit card processing accounts integrate seamlessly with most major payment gateways and shopping cart software, making setup simple. Online apparel sales payments are vulnerable to fraud and chargebacks, consequently, we offer pre-integrated fraud protection technology.
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