Biotech Payment Processing
The global biotechnology industry continues to grow at an impressive rate, driven by innovation in healthcare, agriculture, and pharmaceuticals. As a major contributor to public health, biotech companies rely on secure and compliant payment systems to manage complex transactions across borders. Biotech payment processing solutions enable these companies to focus on breakthrough science while ensuring smooth financial operations.
$1.35T
Value of Biotech Worldwide
13%
Average Annual Global Market Growth Rate of Biotech
$5T
Contribution of Biotech to Global GDP
Biotech Payment Solutions for Different Sectors
Biotech businesses span multiple sectors, each with unique transaction needs.
Pharmaceutical Research
Secure payment processing for clinical trials and lab services.
Genomics & Diagnostics
Scalable payment solutions for DNA testing and medical diagnostics providers.
Biomanufacturing
Streamlined billing for large-scale production and B2B biotech sales.
Medical Device Companies
Reliable transaction handling for hardware and biotech-integrated technologies.
Agricultural Biotechnology
Payments for seed innovations, biofertilizers, and biotech-based crop solutions.
Environmental Biotech Firms
Transaction tools for sustainable and bio-remediation service providers.
What are Biotech Payment Solutions?
Biotech payment solutions are financial services specifically designed to handle the high-risk, high-value transactions in the biotechnology sector.
High-Risk Payment Support
Biotechnology payment systems are equipped to manage elevated compliance requirements and industry-specific risk factors.
Cross-Border Capabilities
Accept payments globally with support for multiple currencies, languages, and payment methods.
Regulatory Compliance
Ensure all transactions align with HIPAA, PCI-DSS, and other biotech-relevant regulations.
Biotech Payment Solutions Benefits
Choosing the right payment processing for biotech comes with major advantages:
Secure Transactions
Encryption and fraud protection tools keep sensitive transactions safe.
Streamlined Operations
Automated billing and reporting reduce manual work and increase efficiency.
Global Reach
Accept payments from research partners, customers, and suppliers worldwide.
Faster Settlements
Speed up your cash flow with quicker transaction processing times.
Key Features to Look for in Biotech Payment Solutions
Biotech companies should prioritize features that support growth and compliance.
Multi-Currency Support
Seamlessly accept and convert international payments from multi-currency accounts with transparent rates and minimal friction.
Custom Invoicing Tools
Send detailed, branded invoices with built-in payment links for easy settlement.
Data Security & Encryption
Enterprise-grade encryption keeps research data and payment info protected.
API Integration
Connect payment solutions to your existing ERP, CRM, or research platforms with ease.
Vellis' Payment Solutions for Biotech
At Vellis, we offer biotech payment processing built for innovation and compliance.
Open an Account
Get started with a secure merchant account tailored to the biotech industry.
Complete Your Application
Enjoy a fast and guided onboarding process with expert support.
Go Live
Start accepting payments and managing transactions globally with confidence.
FAQs
Open Your Account
Apply online for tailored Biotech Payment Solutions.
We use cookies to improve your experience and ensure our website functions properly. You can manage your preferences below. For more information, please refer to our Privacy Policy.
© 2025 Vellis Inc.
Vellis Inc. is authorized as a Money Services Business by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) number M24204235. Vellis Inc. is a company registered in Canada, number 1000610768, headquartered at 30 Eglinton Avenue West, Mississauga, Ontario L5R3E7, Canada.