This is an attempt to collect a debt and any information obtained will be used for that purpose. View all of your transactions, archived by date (batches). Perfect for Established or Startup Debt Collection Agencies (Consumer or Commercial), Credit Resolution Services, Financial Services, Medical Collections, Loan Modification, Business Consulting, Tax Resolution Firms, Attorneys, Student Loan Processing Companies. Once approved, our specialists will monitor your account and keep your chargeback ratio as … We service the entire Southeastern United States. Needs are varied depending on your particular business practices and processes. 3-6 months of payment processing history and statements that include company name, total sales, chargebacks, refunds and returns.  Many countries require debt collection companies to obtain appropriate credentials. The United States is included. Debt collection has seen growth over the last few years with the average U.S household debt rising to over $130,000. ( … We provide collections credit card, debit card, and ACH processing that exactly meets the needs of collection agencies, no matter the size. Merchant services for debt collection are not available from every financial institution. Merchant accounts became the utmost sought, after the wireless credit card terminal was introduced in the late 1990’s. Merchants Adjustment Service is a full service medical, commercial and consumer bad debt collection agency located in Mobile, AL. Some debt collection merchants use echecks for the first few recurring payments to “vet” the debtor. Need a Collections Merchant Account to Process Cards? Block this robocall and over 3,558,424 more! High-risk merchant accounts necessary for an outstanding financial transaction Collection Agencies are rising nowadays and apply tactics to get debtors to pay; the debt collection industry lacks a good reputation. Features Of Our Convienience Fee Solutions: ⢠Full compliance eliminates worry about lawsuits, or potential fines Real-time credit card processing enables businesses to get instant notification of either approval or denial. This is an intimidation tactic. A strategic way to allow credit card transactions for collection agency, debt brokers, debt consoldiation, commercial collections, collecting on loans, collecting on NSFs, collecting on past due medical bills. Once the debt collection agency verifies the debtor will not revoke a transaction and has a good payment history without returned items, the debtor can be transferred to ACH by the debt collection agency. Merchant Account for Debt Collection Agency Accept credit card payments at your collections business with state-of-the-art virtual terminals while taking advantage of big savings on processing fees! Both Startups and established companies welcome! Transcript Transcript not available. We at Safeguard Merchant Solutions specialize in debt. Merchants Recovery Solutions, Inc. 711 N 1st St Phoenix, AZ 85004-2011 Merchants Recovery Solutions, Inc. Merchants Recovery Solutions, Inc. is an Arizona collection agency. Merchant account and credit card processing solutions that are friendly towards Collection companies. Collecting debt is challenging. Or they may spend the money elsewhere before the debt payment transaction clears. Merchants Recovery Solutions, Inc. 711 N 1st St Phoenix, AZ 85004-2011 Merchants Recovery Solutions, Inc. Merchants Recovery Solutions, Inc. is an Arizona collection agency. Needs are varied depending on your particular business practices and processes. A collection agency merchant account is essential to process payments in this unique industry. We service the entire Southeastern United States. Debt Recovery Business Merchant Processor. The setup of debt collection agencies to include recurrent billing models also contributes to their classification as a high-risk account for merchant services providers. Make a payment. We can help your collection agency even if you’ve you been turned down by service providers in the past. Merchant Solutions is committed to providing the best product, and customer service in the credit card processing industry... Retail (Swipe) and MOTO (Keyed-In) Accounts. Merchants within the debt collection agencies industry include businesses that pursue payments on debts owed by individuals and businesses. We also have Multiple Offshore Options available depending on your situation. High Risk Merchant Account & Merchant Account Services Collections Merchant Accounts for Debt Agencies. But it's completely different for the collections industry. Does High Risk Solutions offer low rates? Yes, High Risk Solutions has competitive and affordable fees. Debt & Collection Agency Payments Merchants is a remarkable standout and leading provider of specialized yet affordable payment solutions for a vast array of processing requirements for business ranging from small and midsize to your “Fortune 500” conglomerate. We provide collections credit card, debit card, and ACH processing that exactly meets the needs of collection agencies, no matter the size. Merchant Account for Debt Collection Agency Accept credit card payments at your collections business with state-of-the-art virtual terminals while taking advantage of big savings on processing fees! Collection agency merchant services are considered high risk because agencies tend to experience a higher than average rate of chargebacks: Debtors will sometimes provide credit card information to the agency and, then later, contact their banks to stop payments. Let's face it. Give us a call at 1-866-303-2558. Commercial debt collection for merchant cash advance funders, small business lenders, alternative finance providers, and bankcard processors. Easy online access to your statements. Perfect for developers or businesses that require custom solutions for credit card processing. If you need another type of solution for your merchants collection agency, explore our site to see all solutions offered. So whether you need debt collection merchant account services for debt consolidation, tax collection, or any other debt services, weâre here to support your business. Restructuring Lower Payments â we can lower your payments if your revenues are down or you are overextended with too many positions or other obligations. Process Credit Cards from any computer with Internet access through a Virtual Terminal. (833) 637-0149. SECURE LOWER RATES. Role of our Merchant Cash Advance lawyers. Our compliant convenience fee solution in the collection industry adheres to all State laws, and all Card rules. Debt Recovery Business Merchant Processor. Mercantile Adjustment Bureau 165 Lawrence Bell Drive, Suite 100 Williamsville, NY 14221 p: 1(800) 480-7094 Many acquiring banks consider debt collection agencies as a high-risk business type. We understand that businesses have a need in today's environment to stay running without being impaired by debt. Debt Recovery Solutions, LLC. At least 3 months of business banking statements; Approvals: 7 business days to two weeks; Offshore Startup Collections Agency Merchant Account. Listen. Give us a call at 1-866-303-2558. In conclusion, debt collection merchant processing is an indispensable asset. High Risk Solutions delivers reliable and timely payouts.  Credit card transactions can even be paid out as quickly as the next business day.  The Fees per credit card sale can be deducted from each sale or be paid out at the end of each month in one lump fee. Banks and credit card companies are very cautious of debt collection companies since they come under High Risk ⦠Logically, having the ability to collect payment from clients is the single most important role of a debt collection business. Whether you are in financial services, banking, lending, leasing, debt collection, healthcare or utilities and telecommunications, you face guesswork about who will or will not pay. Multiple underwriting processor banks available. Some debt collection scams are … So whether you need debt collection merchant account services for debt consolidation, tax collection, or any other debt services, we’re here to support your business. Secure credit card processing from your Office, your Website, and On The Go! Let High Risk Solutions provide your business with the best merchant account services at the guaranteed lowest price! We have multiple underwriting merchant processor banks available to provide reliable payment processing services for your business. Manage your customer contact information. Debtors owe the money and may not have it. Role of our Merchant Cash Advance lawyers. You need a business license, bond or both. Federal and state laws regulate collection agencies, however High Risk Solutions (HRS) specializes in working with high-risk merchants. If you run a legal debt collection business type, then we will able provide you with the solutions to process credit cards for debt payments. Today the world of processing payments is … Flexibility allows you to accept payments in your clientsâ local currency. Our PCI DSS payment gateway also supports large ticket transactions. Resulting in a bounced check. Banks and credit card companies are very cautious of debt collection companies since they come under High … Who will self-cure and who will go to severe delinquency? Apply For Debt Collection Merchant Services Now. High Risk Solutions payment gateway supports more than 160 currencies. This sort of business is loaded with risk and all the revenue depends on the debtor working awesomely and is facing forthcoming reforms. With NMA’s expertise and deep commitment to collaboration, debt collectors can thrive with a long-term MID A number that numerically identifies each merchant to the merchant processor for accounting and billing purposes. Debt collectors are required to inform you of who they work for, and the debt they are contacting you about. . Debt collectors that are trained properly cannot act in a false or misleading manner in an effort to get you to pay. Piece of mind from a reliable payment processing service for your debt collection, credit restoration, tax lien resolution, attorneys, startups, commercial or consumer, medical collections student loan processing and more!. Contact High Risk Merchant Pay at (844) 956-1262 to start processing your collection agencyâs credit card payments today! We have multiple underwriting merchant processor banks available to provide reliable payment processing services for your business. How Does Credit Card Processing Work for High-Risk Businesses. The collection industry is diversifying and growing and DigiPay can accelerate that growth, by giving debt collection merchants the attention and resources they deserve and a one-stop shop for processing solutions. Seattle Collection Agency | Merchants Credit Association MCA is a premier full-service debt collection agency, providing successful debt management solutions with integrity since 1937. Whether you are in financial services, banking, lending, leasing, debt collection, healthcare or utilities and telecommunications, you face guesswork about who will or will not pay. Multiple Payment Gateway options available for your internet presence such as Authorize.net, NMI, USAEpay. AcceptDebtPayments.com â Debt collection payment processing. Debt collection scams are getting sophisticated. We are actively taking on merchants. Date Blocked August 31, 2020. Apply For Debt Collection Merchant Services Now. Collection merchants can count on NMA to provide custom merchant accounts, in-house underwriting, and risk management to maintain MIDs and keep them healthy. Who will self-cure and who will go to severe delinquency? Mercantile Adjustment Bureau 165 Lawrence Bell Drive, Suite 100 Williamsville, NY 14221 p: 1(800) 480-7094 ( ⦠There are several business collections lawyers who know the law and the unscrupulous ways of debt collectors. 24/7/365 Back office client services to assist you with any issues and problem resolution. 3-6 months of payment processing history and statements that include company name, total sales, chargebacks, refunds and returns. Let's face it. Arizona collection agencies can help businesses, medical practices and facilities that are creditors to collect their accounts receivable. Business Profile. Access your Virtual Terminal from any computer with Internet access. Offshore Debt Collection Merchant Account Service. This can happen if you forgot to pay a bill and your account was sent to a debt collector. is a Debt Collector. HighRiskSolutions.com is a registered ISO of Wells Fargo Bank, N.A., Walnut Creek, CA. Get started today! This is what ensures State compliance. Each Payment will include the principal amount and a fixed amount for the convenience fee, to the card holder’s account, ensuring Card compliance. Whether your business is a startup or an existing business, you’ve come to the right place. we are able to offer credit card processing for debt collection companies under the following two options: We have a fast process for underwriting and can start processing credit cards for your debt collection agency within a week. Schedule recurring payments for your customers. Most major banks will hesitate to offer merchant accounts for debt collection agencies due to the unstable regulatory climate of the industry and the unreliable income streams for debt collectors. Merchants Solution Group. Seattle Collection Agency | Merchants Credit Association MCA is a premier full-service debt collection agency, providing successful debt management solutions with integrity since 1937. Directory >> USA >> Illinois >> Chicago >> Merchants Credit Guide Co. Merchantsâ Credit Guide Co. was founded in 1896 and its family owned and operated. Accept credit cards on your website via a Shopping Cart, Payment Buttons, and Custom Scripts. Collections Agencies. Save money with Merchant Solutions low processing rates and free terminal program. Merchant Solutions retail credit card processing solutions allow merchants to offer flexible methods of payments at the point-of-sale, including major credit cards, debit cards and checks. Credit card processing for collections business. Collection Companies, Student Loan Processing, Medical Collections, Judgements, Commercial and Consumer, Tax Resolution, Credit Repair Financial Services, Attorneys, Consulting Firms. Click here to listen. The debt collection agency industry is one that grossed over $10.4 billion in 2013, domestically, collecting $55.2 billion in acquired debt, and these numbers just continue to grow with every passing year (approximately 15% each year since). ⢠Provides meaningful reductions to your high risk merchant account fees As customers accruing debt will ultimately want to pay off past due financial obligations via a credit card or electronic check, obtaining a stable merchant account is critical. When things become difficult and you areapproached by a collection agent from a MCA you need to seek legal advice. Dial our Phone Charge phone number to process a card over the phone. US and Canadian Dollars, Great Britain Pounds,Euros are just a few that you will be able to accept. Although we cater specifically to collection agencies and the collection industry, we can provide high risk payment processing and high risk merchant account solutions across many industries. Services such as managed billing, early out, letter campaigns and call campaigns can be tailored to fit your needs. PO Box 157. They specialize in medical debt recovery. We facilitate secure, fast, and reliable transactions for all of your business objectives without compromise to the close personal … Perfect for Established or Startup Debt Collection Agencies (Consumer or Commercial), Credit Resolution Services, Financial Services, Medical Collections, Loan Modification, Business Consulting, Tax Resolution Firms, Attorneys, Student Loan Processing Companies. Update: 05-01-2021 We are very aware of the current domestic situation with processing and debt collection services being shut off. Collection Merchant Account payment processing increases revenues, reducing costs and streamlines business operations. FISâ statistical modeling solution, Predictive Metrics, employs behavioral data to optimize collections. Merchants Adjustment Service is a full service medical, commercial and consumer bad debt collection agency located in Mobile, AL. Most agencies operate as agents of creditors while others buy debt portfolios from creditors at large discounts and then, pursue outstanding balances for their own gains. SQUARE HIGH RISK ACCOUNT All New High Risk Accounts Can Earn Up To A $500 Visa Gift, Best Payment Gateway For High Risk Business Getting the a payment gateway for specific high risk business, Seventy-three percent of people would leave a store if it didnât offer a credit card terminal and they, Credit cards are an integral part of the modern economy; without credit, some people can't purchase anything. Accept credit card payments from your website. They will help you solve your debt problems and teach you how to get debt relief. Our software has encoded specific language to determine whether a convenience fee can be applied based on the residence State of the Card Holder. First, we offer no setup fees and no application fees – no fee basis in which we only make money when we collect on your outstanding debt. These kinds of words and phrases are not used by legitimate debt collectors. Plugin options available to your software systems to process your client firm payments. Industry leading customer support to help you with any questions. Based in Portsmouth, New Hampshire, Instabill is a high risk merchant account provider that is capable of serving debt collection agences. No solutions for collections merchants who purchase debt. Case-by-case basis Our Various Merchant Cash Advance Debt Relief Solutions Forbearance Agreements â we can get you a break on your payments for some time. High Risk Solutions payment gateway … If you have a debt-related business, you may have experienced difficulties with payment processing providers. (833) 637-0150 is a Debt Collector. And, © Copyright 2020 High Risk High Risk Merchant Services By HighRiskSolutions.com. High Risk Solutions delivers reliable and timely payouts. 6800 Jericho Turnpike Suite 113E Syosset NY 11791 (800) 851 - 9592. Increasing the risk of a revoke. Today the world of processing payments is as complicated as ever. At AcceptDebtPayments.com, we have one goal: help debt collection companies, large and small, with credit card processing payment gateways that are cost-effective and simple to manage.. We know that starting a collections business and collecting on debts can become confusing, with various roadblocks and red tape along the way. Arizona collection agencies can help businesses, medical practices and facilities that are creditors to collect their accounts receivable. This communication is from a debt collector. Credit card transactions can even be paid out as quickly as the next business day. Restructuring Lower Payments – we can lower your payments if your revenues are down or you are overextended with too many positions or other obligations. Debt collection companies are perceived as high risk by the majority of merchant account providers and gateway hosts. We, at ePay Global provides high risk Merchant Account and Payment gateway solutions to Collection Agency Merchant Account, where they can ask for money from customer through using our gateway.Collection agent or Debt collection merchants are in a huge and rising industry. You may see them listed on your credit report as a collections account. Our rates are very competitve and can even be compared to a low risk business type. Depending on how much your company will process on a monthly basis will be a contributing factor on how low your rates can be.  It is not out of the ordinary to have rates as low as 2% for debt collection businesses. The first order of business is eliminating any barriers to progress. Without merchant services, debt collectors cannot process credit cards or take payments online. Merchants Solution Group. Collection agencies are some of the highest risk business types within the credit card processing industry. Most convenience fee solutions can save you money, but theyâre not fully compliant with the major card brands. Our Info. Multiple Platform Processing: Offering multiple merchant payment solutions for collection agencies sets us apart from our completion. This is an attempt to collect a debt and any information obtained will be used for that purpose. Or they may spend the money elsewhere before the debt payment transaction clears. Resulting in a bounced check. We currently have Domestic banks boarding collection merchants. Payment Gateway For Debt Collection Merchant Account. We can help you accept debit cards, credit cards, and electronic checks - known as ACH Processing. Itâs important that when applying for a high risk merchant account you speak to an advisor with a solid level of experience in this industry. We specialize in debt collection merchant processing and are savvy on all card brand, state and federal regulations. Tel: (866) 627-7083, Debt Collection Agency Payment Processing and Merchant Account, Forex Payment Processing Gateway Merchant Account, Payday Loan Merchant Account Services For Cash Advance Firms, BEST PAYMENT GATEWAY FOR HIGH RISK BUSINESS. It’s important that when applying for a high risk merchant account you speak to an advisor with a solid level of experience in this industry. We offer a fully compliant convienence fee program. Debt collection help might include; collection demand letters, debt collector … Multiple Platform Processing: Offering multiple merchant payment solutions for collection agencies sets us apart from our completion. What Are the Benefits of Accepting Credit Cards Over Cash? The company’s products and services for debt collectors include multiple currency support, offshore banking partners, an online payment gateway, shopping cart integration, and fraud protection. Merchant Stronghold works with a number of processors and gateway providers with sponsor financial institution relationships that offer both domestic and offshore debt collection merchant accounts. ⢠Support for Credit Card, Debit Card and ACH Processing First, we offer no setup fees and no application fees â no fee basis in which we only make money when we collect on your outstanding debt. info@recover.solutions … Merchant accounts are now essential for most businesses especially the online merchants. We provide a full range of payment processing solutions for collection companies, startups, established business, capped volume inssues, declined or shutoff merchants we can help! Our Various Merchant Cash Advance Debt Relief Solutions Forbearance Agreements – we can get you a break on your payments for some time. There are several business collections lawyers who know the law and the unscrupulous ways of debt collectors. Debtors owe the money and may not have it. Swipe credit cards securely by implementing PCI compliant payment solutions. We hire brokers for a variety of areas including insurance, customs, freight - is it time to hire a debt broker that will help with the resolution of your debt? Merchant accounts became the utmost sought, after the wireless credit card terminal was introduced in the late 1990âs. Payment Savvy specializes in debt collection agency merchant account. Most debt collectors set up payment plans for debtors who are unable to pay the amount due in a lump sum. They will help you solve your debt problems and teach you how to get debt relief. Merchant account and credit card processing solutions that are friendly towards Collection companies. Works with debt collection software like Simplicity, CollectionsMax. In conclusion, debt collection merchant processing is an indispensable asset. Tampa, FL 33602. The Fees per credit card sale can be deducted from each sale or be paid out at the end of each month in one lump fee. Debt Collection Merchant Accounts. Payment Savvy specializes in debt collection agency merchant account. Services such as managed billing, early out, letter campaigns and call campaigns can be tailored to fit your needs. Call Activity Low Last detected 5 months ago. Any pause with, or failure to identify themselves clearly and immediately, is a huge red flag. But it's completely different for the collections industry. This is an attempt to collect a debt and any information obtained will be used for that purpose. We at Safeguard Merchant Solutions specialize in debt. We, at ePay Global provides high risk Merchant Account and Payment gateway solutions to Collection Agency Merchant Account, where they can ask for money from customer through using our gateway.Collection agent or Debt collection merchants are in a huge and rising industry. Referring to any investigator is awfully close to suggesting there is law enforcement involved in collecting the debt. Contact High Risk Merchant Pay at (844) 956-1262 to start processing your collection agency’s credit card payments today! When things become difficult and you areapproached by a collection agent from a MCA you need to seek legal advice. Powered by Nomorobo. Online Check processing also available. Our Info. We understand that businesses have a need in today's environment to stay running without being impaired by debt. Process Credit cards with any cell phone, including iPhones! Merchants Credit Bureau (MCB) is one of the leading credit reporting, medical billing and debt collection agencies in the US. Both Startups and established companies welcome! Get started today! Merchant Stronghold works with a number of processors and gateway providers with sponsor financial institution relationships that offer both domestic and offshore debt collection merchant accounts. As customers accruing debt will ultimately want to pay off past due financial obligations via a credit card or electronic check, obtaining a stable merchant account is critical. By their nature, payment plans include recurring billing models which carry risks, such as the debtor forgetting about … ⢠Options to integrate into Web Applications, Desktop Applications, Mobile, and IVR! No solutions for collections merchants who purchase debt. Debt Collection Merchant Account Payouts. PCI Compliant, secure credit card processing for your financial services consulting businesses. As a debt collection agency, you will likely need to find a high-risk merchant account for payment processing. Specifically, many businesses are unable to find debt collection agency merchant services. Easy to use system can allow you to schedule payments in advance, electronic invoicing, customer management and vault system. Hassle Free& Recovery Guaranteed Merchant Account for Collection Agency. At least 3 months of business banking statements; Approvals: 7 business days to two weeks; Offshore Startup Collections Agency Merchant Account. FIS’ statistical modeling solution, Predictive Metrics, employs behavioral data to optimize collections. Debt Collection Merchant Accounts. The collection industry is diversifying and growing and DigiPay can accelerate that growth, by giving debt collection merchants the attention and resources they deserve and a one-stop shop for processing solutions. Yes, you will be able to process credit card sales through your website, through a secure online virtual terminal, and have the capability to send an electronic invoice with a link for them to pay. Collecting debt is challenging. Hassle Free& Recovery Guaranteed Merchant Account for Collection Agency. Our service promises to assist merchants from all industries, both high risk and low risk. With an experienced team and a commitment to excellence, MCB is dedicated to providing solutions that help businesses make effective, prompt decisions to manage risk.
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