All signs point to an exploding market for the nootropic industry, as our population ages and people discover increasing options for maintaining and even improving their cognitive health. Despite the great potential for this exciting niche market, nootropics continue to confound regulators and financiers alike, due to the difficulty in sometimes defining the term itself. So just imagine traditional banks’ apprehension toward your business, especially with no universal application of regulatory codes, from nation to nation.
Payment processing attorney Theodore F. Monroe explains how chargebacks affect your merchant account.
Play It Smart with Genco Payments
This trepidation is expected to continue as manufacturers and consumers alike wrestle with what kind and how much regulation there should be. With so many potential sales at stake, you can’t afford to wait for banks to overcome their risk aversions. Rather than turn to a card processor with a spotty record and a long list of unlikely promises, however, your smart choice is Genco Payments. Quite simply, we don’t represent one specific institution or company; instead, we evaluate your operation and work to increase your ability to attract a bank that is the perfect fit for you.
When you work with Genco Payments, you can expect:
- More than 20 years experience
- Singular commitment to your business
- Thorough due diligence
- Principled practices from attorney-led firm
- Tangible company, with “brick and mortar” office
- Success in serving high-risk businesses
Put Experience to the Test
‘Using our experience, knowledge and research, Genco delivers a customized solution, leading to a bank that can work at your pace, without unreasonable requirements or extra hidden fees. When it comes to clear thinking, nothing makes more sense than working with a facilitator like Genco Payments, dedicated to a straightforward approach that helps you grow with confidence.
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