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Thread: Merchant Account for Research Chemicals

  1. #31
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    Are these controlled drugs or so?

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    damavox is offline Regular Offshore Investor
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    Hi no they are not controlled, the only regulation is they can not be sold for human consumption via FDA, but as far as being controlled by the DEA or any laws they are not

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    Thank you for clarification... I will ask a business partner if he can help you and post back.

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    damavox is offline Regular Offshore Investor
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    ok thank you!

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    bonox is offline I'm a professional
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    Quote Originally Posted by damavox View Post
    hi Bonox my website address is pepsdirect(dot) com any help would be greatly appreciated
    Hey Damavox. You should get news very soon on the support email address you have on your website

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    damavox is offline Regular Offshore Investor
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    ok thank you, i havn't received it yet but i'll keep watching it, thanks again

  7. #37
    bonox is offline I'm a professional
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    damavox, informations & application form have been sent to your email address.
    As it is very common with this types of high risk business (which are not at all appreciated by Credit card networks, that's a fact!), PSPs, banks, etc. do not wish to see their name in public.
    Therefore, I'm sorry to not be able to give it here on this board...
    Also, the processor I'm talking about might take another couple merchants of that kind (research chemicals) but not all of those who request processing with them.
    They need to diversify their portfolio in order to avoid getting CC networks focused on them...

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    JoeyMoey is offline Regular Offshore Investor
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    Default Any useful information?

    Why don't people just post the information in the thread instead of sending emails and keeping for info hidden?
    It would be great to know, which solution you have found since research checmicals is a tough market.

    I've been purchasing products online for years and have also been selling every now and then, but always from Alertpay

    I know that Sun Spark Purity was/is a major seller of caffeine and lidocaine powder. Both products which are considered research chemicals.
    They had an official agreement with Alertpay.com that they could process orders with creditcards and they did so for many months.
    Suddenly Alertpay decided to change policy and the company therefore decided to completely stop accepting creditcards and now only
    focus on prepayments via W.U. or bankwire.
    This is completely fine if you know and trust the company, but I would think that a major company like them would have established a form of creditcard payment IF it was legally possible. Therefore they have outsourcet credit-card payments to W.U. since Western Union accepts creditcards on their website.

    I think that the only alternative is to establish a legitimate webshop and sell clothes or whatever and then use the same "wireing" on your website for research checmicals, thereby using it as a front. This isn't very pro and its also shady ... so that wouldn't appeal to clients.
    But then again, what other options are there?

    I would appreciate (and so would other members) if you shared the information in the thread?

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    I agree with JoeyMoey, if there is anyone who has a legit and working solution for this business industry then please share the payment service providers link or company so this thread can help other forum members.
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    damavox is offline Regular Offshore Investor
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    Most People don't post this info because the companies that do have the ability to process credit cards want to keep it a secrete in order to have the competetive edge over others.

  11. The Following User Says Thank You to damavox For This Useful Post:

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    I agree with damavox, however, it would be helpful to get a hint
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    There are merchant processors that accept research chemicals, but it depends on type of chemicals and whether they are hazardous or not. You need to have security measures in place and sell to properly licensed individuals. If the chemicals are for consumption by humans or testing on humans/animals, this will make it very difficult. For example, weight loss injections are difficult to place whereas selling hydrogen to chemists is legitimate. Your country of incorporation and if you plan on exporting such chemicals are deciding factors as well. We need more information so that we can provide better insight.
    Last edited by PainlessProcess; 02-18-2012 at 10:19 PM. Reason: Spelling

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    I joined this forum just to post in this thread. My partner and I have an LLC and business bank account and we are in the research chemical business. We've had hard luck finding a payment processor to accept us and we would not like to use paypal or alertpay and have our account frozen. What we sell is legal under US and international law, we have a strict terms and conditions policy to make sure our customers are not buying for human consumption. Does anyone know of any payment processors who would be interested in our business?

    Thank you all in advance!

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    It's going to be very difficult, you may check some of the mentioned processors on the first page of this thread.
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    It has been difficult. I didn't see any explicitly mentioned except for how they reject people in my industry. I've tried Durango Credit Services, Instabill, Verotel, and a few others that are "high risk". All were legit and all said no, looking at other websites there seems to be lots of scammers about. It is good to know that I am not the only person in this circumstance. We operate within strict compliance with the law so really we are not any different from any other lab chemical company, I know this isn't an orthodox business but really headshops tread on thinner legal ice than we do. The site it is available at 25inbome (dot) com, if someone is affiliated with a payment processor and would like to look at it to see if they can offer us some type of solution let me know. The is a huge potential market in research chemicals for payment processors as long as their clients mitigate their risk properly and don't break the law.

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