i am planning to open a online pharmacy and was thinking to process with etelegate.com but a few people suggested me not to go with them
please suggest the best processor for asian online pharmacy
your views are welcome

try worldpay but the costs is abit high

try worldpay but the costs is abit high

I sent them (world pay) a mail asking for a merchant account for an online pharmacy. That's six weeks ago, and they haven't even wanted to take the time to reply. So much for world pay!

You may want to consider ChronoPay as a possible option. They seem to have a good handle on the high risk marketplace and there has been positive feedback about them here on the forums.

For the Asian market, try http://www.programdna.com/.
They can give you a direct merchant account for online pharmacy.

Giga

Two months ago there was a shakeup in relation to pharmacy accounts and MC .. I seriously doubt worldpay would accept those accounts any longer

that being said there are still options out there

I use paypal. Its the simplest in my opinion.

I know buy-rate.com, instabill.com, paymentconsulting.biz (only EU) (my friends work with them)
What country? Some companies open only for residents.

That's pure generalisation, there are a lot of products that are genuine & cheaper than in the States i.e. the Canadian pharmacies have much cheaper products, but the U.S. Government does not want them to ship to the U.S. as well.
It's about time the U.S. citizens wake up and start to realize in what kind of 'democratic' prison they are living. It IS obvious to see if you don't live in the U.S.

Don't get me wrong, I love the U.S., but I'm very glad to not live there, because of all the hypocrit rules to government comes up with. :peace:

Sorry Miklo you completely missed the point.

The point is NOT cost.. true, there are ways to obtain cheaper drugs in other countries.

However, there are significant issues with drug pedigrees and counterfeiting that we at least partially avoid here in the US.

The main point is this: When you go around price shopping, you lose the ability to have your medications screened for safety by your pharmacist. They do a whole lot more than simply count out pills, they review your entire medication profile for duplicate or unnecessary therapy, and give valuble advice on how to get the most from your medication.

Not only that, but the vast majority of online pharmacies are illegal due to their practice of either
1) Not requiring a valid prescription
2) Having a phony in-house doctor that does telephone interviews and then writes for precription drugs (yes, this is illegal)

Bottom line is, the US's drug distribution system is there to protect people's lives. It is unfortunate that certain aspects of that system lead to incredibly expensive drugs that cause people to put their lives on the line by buying questionable drugs from other countries (Notice: I am not singling out Canada... For the most part, their drug supply is as good as ours here in US.. however, they do not meet many of our labeling requirements and their pharmacies have lower standards of patient care than ours do).

If you want to start pointing fingers then perhaps you should point them at the doctors, under the influence of the drug industry, writing for expensive brand name medications when there are typically low-cost generics available.

Point well taken, I do agree that there have been malafide merchants (pharmacies) out there that have been abusing the rules and regulations and have been shipping bad products into the U.S.

However, there are many pharmacies out there who do play by the book and HAVE to obey certain U.S. rules or they will have their merchant accounts closed or they will be fined by Visa/MasterCard. They sell exactly the same products as their U.S. competitors against much lowers prices. The U.S. Government just gives a competitive edge to their own pharmacies and the drug industry in their own country. (And believe me, it's not the drug industry only...)

Secondly, people have a responsibility. It's like wearing a seatbelt, if you don't want to wear one and you get injured in a car accident, you should take responsibility for your actions If you want to buy counterfeit drugs online, that's is your problem as well, you should be aware of what the drugs contain, where you buy it from and if it isn't illegal in your country of residence.

Well, just to let you know that you can't just put the blame on every pharmacy out there as there are good ones as well. It's just a matter of taking out the bad apples...(which doesn't mean: Everything in the U.S. is good, anything outside the U.S. is bad, which the U.S. government is exactly doing now.)

Miklo,

You raise some good points - there are indeed some properly licensed, approved pharmacies out there. You can find a list of them here:

http://www.nabp.net/vipps/intro.asp

Please do not make the assumption that Visa/MC will investigate the company to assure that they are properly licensed as a pharmacy. Under US law, in order to sell drugs to people living in the US, a pharmacy must be licensed to sell to US citizens, whether online or bricks n mortar. Going back to our earlier discussion, this probably invalidates 98% of the pharmacies operating online.

Secondly, people have a responsibility. It's like wearing a seatbelt, if you don't want to wear one and you get injured in a car accident, you should take responsibility for your actions

I agree. I am 100% for personal responsibility. Consumers should be informed of the risks and benefits when taking prescription medication. Sadly, the majority of consumers have a great deal of difficultly interpreting medical information. This is not only from my experience, but it is a well known problem. Under US law, pharmacies have a legal obligation to offer counseling to all patients to enhance their understanding of the medication they are purchasing. Online pharmacies have difficulties in providing this information, and if they do not, they are NOT legal.

you should be aware of what the drugs contain

Unlike a seatbelt, in which you can be assured it is working because you can physically test it, you cannot know what your drug products contain. There are oft-quoted examples of drugs that bear the same name that contain different ingredients in different countries. For example, a recent story on this talked about a US man on vacation in a European country. He was on Lanoxin (digoxin), a medication that increases the force of your heartbeat. He ran out, and needed it filled. The pharmacy over there filled it with Lanoxin, which in their country was a drug called verapamil.

The point is, consumers cannot be relied upon to know these sorts of things. That in essence is the value that having a local pharmacy provides to you. Online pharmacies certainly CAN fit the bill here - my concern is that the majority of the time they simply do not.

Here is an interesting article on a local (to me) scam online pharmacy. Surprised the guy had the stupidity to open one of these in the US in the first place:

http://spamkings.oreilly.com/archives/2005/05/another_drug_sp.html

As far as the US market goes, I dont think 'online pharmacy' will ever catch on to the degree of bricks and mortar OR mail-order pharmacy. Why?

People need information as much as they need medication. I think people envision online pharmacy as the perfect hands-off, automated business - this is the kind of thinking that will get you in trouble. Pharmacies (in the USA) are responsible for much more than simply filling an order, and until people decide that they are the experts on their medication I doubt they will not need to speak with a pharmacist.

There ARE online pharmacies that do meet all of these criteria - most do not.

Nowadays, it seems MasterCard does no longer allow any pharmacy, Visa does allow some pharamcies, however, it is not allowed to sell any controlled substances/drugs and websites will be thoroughly checked.

To get back to the orinal question:
please suggest the best processor for asian online pharmacy

My suggestion would be *******, they are located in Malaysia and they can set up a merchant account for pharmacies reasonably fast. However, only Visa is allowed.

looking out for a merchant account for online pharmacy
please suggest

looking out for a merchant account for online pharmacy
please suggest

Hi there,

My suggestion would be GLOBE @ PAY - http://www.offshoremerchantaccount.cc/ , they are located in swiss (Switzerland registered MAP) and they can set up a merchant account for pharmacies reasonably fast. However, they setup your OWN merchant account; (Phone order - offline order, Recurring) lower Offshore merchant discount rate (4.95%-8.0% - Just compare other offshore MAP...) you can process Recurring payment ...

I think you may consider looking at chronopay/standardpay, they are dealing with high risk and constitutes good fraud prevention practices in marketplace.

As far as I know card processing for online pharmacies is not a problem. You can find a dozen competitive providers around (all offshore of course). My question is HOW YOU ARE GOING TO ADVERTISE? Spam again?

To advertise on search engines you GOT TO HAVE a pharmacy license, registration with state, and pass thorough verification process. I guess this will not apply for you. So what you guys are thinking I wonder?