Best Merchant Accounts for Pharmacies (2023)

Credit and Debit Card Processing is Crucial for Pharmacies

Pharmacies often operate in retail environments and typically serve patients from all backgrounds and cultures, making them surprisingly complicated cases from a payment processing perspective. Pharmacists need to consider methods for accepting all kinds of payments, including debit, credit, checks, cash, prepaid cards, and ACH transfers. They can also benefit from providing multiple payment channels, including in-person transactions as well as billing by mail, telephone, and internet. Most merchant account providers can supply all of these services to pharmacists, but not all of them will do so within every pharmacist’s budget.

To help you find a provider that fits your business as well as your budget, we’ve put together the following list of the best merchant accounts for pharmacies. The companies on this list offer virtual terminals, online billing, point-of-sale systems, and other useful tools for operating your drug store. They are also known to provide low-commitment contracts with transparent pricing and quality customer service. To find the right provider for your retail pharmacy, be sure to research each processor’s products and features and compare pricing and terms.

How to Select the Best Pharmacy Credit Card Processor

When selecting a credit card processor for a pharmacy business in the USA, there are several key factors that should be considered which we have included below.

Compliance

The credit card processor should be compliant with the regulations set forth by the Payment Card Industry Data Security Standards (PCI DSS). As a pharmacy business, you will be handling sensitive customer data, including credit card information, so it is essential to select a processor that ensures secure and safe transactions.

Integration with Pharmacy Management Software

It is essential to choose a credit card processor that integrates with your pharmacy management software. This will enable seamless payment processing and ensure accuracy in transaction records.

EMV Compliance

The processor should be EMV (Europay, Mastercard, and Visa) compliant. This means that the processor can process chip-enabled cards, which are more secure and less susceptible to fraud than traditional magnetic stripe cards.

Credit Card Transaction Fees

Transaction fees can vary significantly between credit card processors. It is crucial to choose a processor that offers competitive rates and doesn’t charge hidden fees.

Chargeback Handling

As a pharmacy business, there is a higher likelihood of chargebacks due to the sensitive nature of the products sold. It is essential to choose a processor that has an efficient and transparent chargeback handling process.

Excellent Customer Support

Choose a credit card processor that offers 24/7 customer support. This ensures that you can get help if any issues arise with payment processing.

Fraud Detection and Prevention

Select a processor that offers fraud detection and prevention services. This will help protect your business from fraudulent transactions, chargebacks, and other related risks.

Mobile Payment Capabilities

As more customers use mobile payment methods such as Apple Pay and Google Wallet, it’s important to select a credit card processor that can process these payments.

Overall, selecting the right credit card processor is crucial for the success of a pharmacy business. By considering these factors, you can choose a processor that meets your specific needs and helps your business grow.


Top Picks for Merchant Services for Pharmacies

Host Merchant Services logo

#1 Host Merchant Services

Top Pick for Pharmacy Merchant Accounts

Host Merchant Services is a Newark, Delaware-based merchant account provider that is well-suited for pharmacies of all sizes and specialties. The company’s products and services include point-of-sale solutions, online marketing tools, an online payment gateway and virtual terminal, mobile credit card processing, gift and loyalty programs, and merchant cash advance. Host Merchant Services specializes in e-commerce businesses and provides a free website and email address to interested merchants. Host is a good fit for pharmacies that would like to affordably accept online and in-person payments.

Host Merchant Services has received only positive feedback on public forums, with most reviewers singling out the company’s customer service for praise. Host offers interchange-plus pricing with no early termination fees to all of its merchants, meaning that users will enjoy the most transparent pricing model and can cancel service without penalty. The Better Business Bureau gives Host an “A+” rating, and CPO also gives the company an “A+.”

Why Host Merchant Services is a Top Choice for Pharmacy Payment Processing

For small businesses selling pharmacy products, accepting credit card payments is essential. Host Merchant Services offers comprehensive payment processing solutions that cater specifically to the needs of pharmacy businesses. Here are a few reasons why Host Merchant Services is an excellent option for business owners who sell pharmacy products:

Compliance with Regulations

Pharmacy businesses must comply with a variety of regulations, including PCI-DSS, HIPAA, and FDA regulations. Host Merchant Services provides a secure and compliant payment processing solution that meets all of these requirements. With Host Merchant Services, businesses can rest assured that their customers’ sensitive information is protected.

Customizable Payment Solutions

Every pharmacy business has unique payment processing needs. Host Merchant Services offers customizable solutions that can be tailored to meet the specific needs of each business. Whether you need a point-of-sale system, mobile payment processing, or online payment options, Host Merchant Services has you covered.

Fast and Reliable Payment Processing

Pharmacy businesses need a payment processing system that is fast and reliable. Host Merchant Services offers lightning-fast payment processing, so businesses can complete transactions quickly and efficiently. With 24/7 customer support and no hidden fees, Host Merchant Services is a top choice for pharmacy businesses that need dependable payment processing.

Host Merchant Services is an excellent option for small businesses that sell pharmacy products and need to accept credit card payments. With a focus on compliance, customization, and reliability, Host Merchant Services provides a comprehensive payment processing solution that meets the unique needs of pharmacy businesses.

For more information, visit the Host Merchant Services website or call (888) 727-4538.


PaymentCloud Logo

PaymentCloud

Top Rated Credit Card Processor for Pharmacies

Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving standard to high-risk business types. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible terminals, and merchant cash advances. These features allow low to high-volume pharmacies to accurately track their extensive inventory of prescription drugs and keep accurate records of customer data to quickly facilitate payments. For those reasons, PaymentCloud is a good option for pharmacies.

PaymentCloud provides a dedicated account rep to all new merchants for the life of the account. The company has not received any negative complaints on consumer forums, and it customizes its pricing according to each merchant’s business type and processing history. The BBB does not maintain a profile for PaymentCloud at this time, but CPO gives the company an “A.”

PaymentCloud: Top Credit Card Processing Service for Pharmacy Businesses

Payment processing can be a challenging task for small business owners who sell Pharmacy products, especially when it comes to credit card payments. But with PaymentCloud, Pharmacy businesses can now easily accept credit card payments from customers. PaymentCloud is a leading credit card processing service that specializes in providing merchant accounts for high-risk businesses, including Pharmacy businesses. Here are a few reasons why PaymentCloud is a great option for Pharmacy businesses.

Specialized Pharmacy Payment Processing

PaymentCloud understands the unique challenges of Pharmacy payment processing and provides tailored solutions to meet the needs of Pharmacy businesses. They offer secure payment processing that complies with all regulatory requirements for the sale of Pharmacy products. With PaymentCloud, Pharmacy businesses can enjoy seamless payment processing without worrying about regulatory compliance.

Flexible Payment Options

PaymentCloud provides a range of payment options that allow customers to make payments through various channels, including credit cards, debit cards, and ACH. They also support contactless payments, such as Apple Pay and Google Pay, which have become increasingly popular in recent times. With PaymentCloud, Pharmacy businesses can offer their customers a range of payment options, which helps to increase sales and customer satisfaction.

Advanced Fraud Detection

PaymentCloud employs advanced fraud detection measures to prevent fraudulent activities and chargebacks. They use cutting-edge technology to detect and prevent fraudulent transactions, which helps to protect Pharmacy businesses from financial losses. PaymentCloud’s fraud detection system is designed to minimize chargebacks, which is crucial for businesses that operate in the high-risk Pharmacy industry.

PaymentCloud is an excellent credit card processing service for Pharmacy businesses. They offer specialized Pharmacy payment processing, flexible payment options, and advanced fraud detection measures that are specifically designed for the high-risk Pharmacy industry. By choosing PaymentCloud, Pharmacy businesses can enjoy seamless payment processing and increase their sales and customer satisfaction.

For more information, visit the PaymentCloud website or call (888) 506-7859.

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PaymentCloud

Fast Approval of Most Industries

Competitive Rates

No Cancellation Fees

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cdg commerce logo

CDG Commerce

Top Pick for Pharmacy Merchant Services

Located in Chesapeake, Virginia, CDG Commerce is another great option for pharmacies of all sizes. CDG has been privately owned since 1998 and offers a proprietary payment gateway (as well as a discount on Authorize.Net’s payment gateway), a virtual terminal, QuickBooks integration, mobile phone processing, sales reporting, security breach protection, and vulnerability scanning. CDG Commerce is ideal for pharmacies that require a simple, low-cost, fully integrated method for accepting payments online and in person.

CDG Commerce only charges a low, fixed fee per transaction and offers competitive contractual terms, including no annual fees, monthly minimums, or termination fees. CDG also offers next day funding to most business types. CDG has earned an “A+” rating in our review as well as an “A+” rating with the BBB.

CDG Commerce: Credit Card Processing Made Easy for Pharmacies

CDG Commerce is an excellent option for small business owners who sell pharmacy products and need to accept credit card payments. With years of experience in the industry, CDG Commerce understands the unique challenges faced by pharmacy businesses when it comes to payment processing. They offer a range of solutions that are tailored specifically to the needs of pharmacies, ensuring that transactions are secure and seamless.

Robust Fraud Prevention

One of the main advantages of using CDG Commerce for pharmacy payment processing is their robust fraud prevention and security measures. Pharmacy businesses are often targeted by fraudsters due to the high value of their products, making it crucial to have a secure payment processing system in place. CDG Commerce provides advanced fraud protection tools that can help detect and prevent fraudulent transactions, reducing the risk of chargebacks and losses.

Competitive Rates and Transparent Pricing

Another key benefit of CDG Commerce is their competitive rates and transparent pricing. Pharmacy businesses can benefit from competitive interchange fees, as well as transparent pricing that makes it easy to understand and manage payment processing costs. CDG Commerce offers flexible pricing plans that can be customized to suit the specific needs of a pharmacy business, helping to minimize costs and maximize profits.

Excellent Customer Support

In addition to their security and pricing benefits, CDG Commerce also provides excellent customer support and technical assistance. They have a dedicated team of experts who can help pharmacy businesses with any questions or concerns related to payment processing. This level of support can be invaluable for small businesses that may not have the resources to manage payment processing on their own.

CDG Commerce is an excellent option for small business owners who sell pharmacy products and need to accept credit card payments. With their advanced fraud prevention tools, competitive pricing, and dedicated customer support, CDG Commerce can provide a reliable and secure payment processing solution for pharmacy businesses.

For more information, see the CDG Commerce website or call (888) 393-1079.

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CDG Commerce

Low Rates & Fees

No Cancellation Fees

Compatible With Numerous Apps

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Additional Options

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National Processing

Based in Lindon, Utah, National Processing is a merchant account provider e-commerce solutions, and mobile payments for pharmacy merchants. National Processing offers month-to-month contracts with no early termination fees and interchange-plus pricing, all excellent options that offer flexibility, transparency, and cost-effectiveness to any pharmacy. Furthermore, National Processing offers ACH processing to pharmacies so they can easily accommodate their customer’s preferred method of payment.

National Processing has a good track record of customer service, as demonstrated by having fewer than 10 complaints across different consumer review forums. National Processing also has an “A+” rating with the BBB as well as being awarded an “A+” overall from our review of the company.

National Processing: A Reliable Choice for Pharmacies

National Processing is an excellent option for small businesses that sell Pharmacy products and need to accept credit card payments from customers. They offer a range of payment processing solutions that are tailored to the specific needs of Pharmacy businesses. National Processing understands the unique challenges and regulations that come with selling Pharmacy products, and they have developed payment processing solutions that address those challenges.

Customized Payment Processing Solutions

One of the key advantages of National Processing is their ability to offer customized payment processing solutions. This means that Pharmacy businesses can work with National Processing to create a payment processing system that meets their specific needs. For example, they can set up payment processing solutions that are compatible with Pharmacy software, such as pharmacy management systems, or that comply with HIPAA regulations. By providing tailored payment processing solutions, National Processing can help Pharmacy businesses streamline their payment processes and reduce costs.

Committed to Customer Security

Another advantage of National Processing is their commitment to security. With the increasing risk of credit card fraud and data breaches, it’s essential for Pharmacy businesses to protect their customers’ sensitive information. National Processing offers robust security measures, such as PCI compliance, fraud detection, and encryption, to safeguard customer data and prevent fraud. This gives Pharmacy businesses and their customers peace of mind knowing that their information is safe and secure.

National Processing is a top choice for Pharmacy businesses looking for reliable, customized payment processing solutions. Their commitment to security, tailored payment processing options, and expertise in Pharmacy payment processing make them an ideal partner for small businesses looking to grow and succeed in the competitive Pharmacy industry.

For more information, see the National Review website or call (385) 777-1235.

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National Processing

Best Option For Clover POS

Competitive Rates & Fees

Highly Rated Customer Service

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eMerchantBroker

eMerchantBroker.com is a Los Angeles, California-based company that offers high-risk e-commerce processing solutions including for pharmacies. The company’s products include ACH processing, an online payment gateway, merchant cash advance, and a chargeback management system to help merchants dispute and resolve chargeback claims. eMerchantBroker.com can provide processing for pharmacies working with more high-risk clients.

eMerchantBroker.com offers custom pricing for each merchant and maintains a low complaint rate relative to its size and merchant portfolio. Our review of eMerchantBroker gives the company an “A” rating overall and the BBB assigns the company a rating of “A+”.

Why eMerchantBroker is a Great Credit Card Processor for Pharmacies

eMerchantBroker is an ideal option for small business owners in the Pharmacy industry who need a reliable and secure payment processing service. As a leading payment processor, eMerchantBroker provides tailored payment solutions to Pharmacy businesses, helping them to streamline their payment processes and increase revenue. With eMerchantBroker, you can easily accept credit card payments from customers who are buying Pharmacy products, without worrying about fraudulent transactions or chargebacks.

Ability to Process High-Risk Transactions

One of the primary benefits of eMerchantBroker’s payment processing service for Pharmacy businesses is the ability to process high-risk transactions. As the Pharmacy industry is considered high-risk due to the nature of the products being sold, many payment processors may refuse to work with Pharmacy businesses. However, eMerchantBroker has extensive experience in providing payment processing solutions for high-risk industries, including the Pharmacy sector. This makes it a top choice for Pharmacy businesses looking for a payment processor that can handle their unique needs.

Dedicated to Fraud Protection

In addition to its ability to process high-risk transactions, eMerchantBroker’s payment processing service offers robust fraud prevention tools. Pharmacy businesses are often targeted by fraudsters due to the high value of the products being sold, and the sensitive nature of the customer data involved. With eMerchantBroker’s advanced fraud prevention tools, businesses can detect and prevent fraudulent transactions before they occur, reducing the risk of chargebacks and financial losses.

eMerchantBroker is a reliable and secure payment processing option for Pharmacy businesses looking to accept credit card payments from their customers. With its extensive experience in handling high-risk transactions and advanced fraud prevention tools, eMerchantBroker is a top choice for businesses in the Pharmacy industry.

For more information, see the eMerchantBroker website or call (877) 301-3442.

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eMerchant Broker

Quick Approval For Most Businesses

Domestic and International Processing

Highly Rated Customer Support

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Phillip Parker
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