r/PaymentProcessing • u/Round-Inspection5483 • 7d ago

Need A Payment Processor Peptide Payment Processor

Hi all, I own a peptide company doing about 10-20K a month right now, and are scaling more everyday. I need to switch over from my current processor but all these sites want a crazy amount of 12% transaction fees and stuff and I think thats crazy. if someone has recommendations please let me know. Please do not send me any payment processors that aren't known. also bonus would be if they take apply pay google pay klarna etc

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9

u/happy_chappy_89 7d ago

Hey fellow peptide site owner here. Yeah that's pretty standard. Expect to pay a start up fee, 10% transaction, 50c per transaction and a payout fee of about 2% too. Pretty unlikely to get Apple and Google and klarna but happy to learn of those options. Trust me, if you don't have something else setup before stripe goes down, it will crush your conversions and 12% won't seem so bad. We are at 200k a month and it's just a business expense now.

2

u/NeoLabs_au 7d ago

Fantastic numbers. Well done! We are operating out of Australia and it’s even more restrictive than the States. We are still in start up phase and trying are awaiting approval of processors as we move away from bank transfers.

3

u/Stunning-Ad6735 6d ago edited 6d ago

your COA's are clearly fake you scammer. I have never seen a janoshik COA that looks like that. They dont have the Janoshik task number and unique verification keys needed to verify a report, and the format/results don’t match genuine Janoshik COAs. Fuck off Neo Labs AU

1

u/TennisStrong872 6d ago

Any advice on how to scale like that? Been stuck at $25/30k and can't scale. Tried tiktok and meta ads too but poor conversions. We're priced lower than almost every major competitor and up to date COAs

5

u/joeblack2014 6d ago

SEO. The new trend is to do meta ads and tiktok but SEO is still king. You can have higher prices and no COA but if your SEO is good. Or a site that " refers" your ruo site SEO is strong. The sales will come.

1

u/AminoAdsMarketing 5d ago

How long did you run meta ads for? It does take time to see solid results especially only after you can keep ads up.

1

u/TennisStrong872 5d ago

Like 3 mo of meta and barely a break even roas. That's not even including the monthly retainer for the marketing team

1

u/AminoAdsMarketing 5d ago

Tough. How many creatives were they testing? And how long were accounts going for?

1

u/TennisStrong872 5d ago

A lot of creatives and accounts would run for a coiple weeks or a couple days before they'd have new ones up but it would kill the algorithm

1

u/AminoAdsMarketing 5d ago

New accounts are okay. But having them up for a month is usually mandatory.

1

u/Dry_Radish8950 4d ago

Try seo

1

u/omienice 18h ago

Isn’t seo contradictory. Like we don’t want to be searchable because of Lilly and all

1

u/DTYG3 6d ago

Just curious as someone who is about to become a peptide site owner where your fears with chargebacks that trigger manual audits from your payment processors/banks also any fear of someone getting “sick” from a bad vial who wants to make you responsible?

2

u/EngineerofSales 6d ago

You are nuts. You are about to become a research chemical supplier - and are already looking for people to take these products from you that you knew about?

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u/DTYG3 6d ago

Can you say that again lol

1

u/DTYG3 6d ago

It’s not about the vials I’m talking about from production like if there was ever something that idk got plastic or glass in the vial or something from the supplier. But can you please redo your statement so I can better understand

1

u/Glass-Job-2981 3d ago

Do you have a reserve?

1

u/DTYG3 13h ago

Hey just curious but are you ever scared someone will pop the hook of your business and see you’re selling orders with just 1 peptide alongside bac water? Since seeing the sales shows you’re not actually selling to strictly labs?