Online Credit Card Processing and MOTO Payment Processing for Your Debt Collection Business
- Visa and MasterCard
- USD, GBP, Euros
- Supports Large Ticket Transactions
- Sace, Secure & Reliable Payment Gateway
- Startup Companies Welcome
- No Caps on Volume
Acquiring banks that process credit card payments for collections agencies often consider them high risk for a variety of reasons. Many countries, including the United States, require debt collection businesses to get appropriate business licenses, bonds and follow strict rules.
Collection businesses in the United States are also subject to both federal and state regulations that may make business difficult to conduct. At the Merchant CC Service we specialize in working with high risk merchants in the debt collection industry and once we confirm your collection agency business is operating within state and federal guidelines, we will match you with one of our acquiring banking partners that offer collection agency merchant accounts so that your debt company can get down to business.
Contact CoCardCall now to speak with one of CoCard’s expert account executives; they know the ins and outs of merchant accounts for the Collection Agency Industry.
Get Matched through CoCardOur extensive and secure network of acquiring banks allows our account executives to find effective and affordable solutions for e-commerce businesses in the Collection Agency industry.
Start Processing Your Transactions with CoCardWhen you’re approved through CoCard you can begin accepting credit cards through our payment gateway and get paid! We offer weekly and even daily payouts for our clients.
Learn More About High Risk Merchant Accounts From CoCard
Click on the titles below to learn more about our high risk merchant account services for the collection agency industry.
Virtual Payment Terminals Through the Merchant CC Service
As a debt collection merchant, you rely on your employees to call debtors to collect payments, some of which offer to pay over the phone. CoCard offers a free virtual terminal to our qualifying debt collection agencies that we integrate into your credit card payment gateway. This virtual terminal allows your debt collection business to accept debit and credit card payments over the telephone as well as through mail order.
Collection Agency Merchant Account Fees
CoCard offers the best fee schedules in the debt collection merchant account industry. Call us today at for a free quote from one of our Merchant CC Service account Executives.
Debt Collection Merchant Payouts Though CoCard
CoCard delivers reliable payouts on time, every time to your debt collection business. Similar to how banks determine your merchant account fees, they also determine your payout schedule based on your application and individual debt collection details. After evaluating your collection agency merchant account application, credit card processing history, and monthly sales volume, you will receive your payouts daily or weekly.
Professional Customer Support for Collection Agency Merchants
When you call CoCard’s customer service line, you will talk to a Merchant CC Service Account Executive. Whether you need help solving credit card processing issues, have questions regarding your customers’ transactions, or want to know more about your payouts, our Merchant CC Service account executives will be there to serve your debt collection credit card processing needs.
Contact us today: