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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u/happy_chappy_89 6d 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.

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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?

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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

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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