Acquiring a payment gateway for credit card and consumer loan collection agencies is far from straightforward these days, despite the increasing need for this type of debt collection.
In fact, accepting credit card payments is often difficult to manage and unnecessarily expensive. This is one of the reasons why our goal is to make it easier and more cost-efficient to accept credit cards for debt collection agencies. We aim to achieve this by providing collection-friendly payment gateway and software and platform assistance.
One of our core competencies lies in assisting credit card and consumer loan collection agencies. Regardless of whether you’re a home-based agency or a larger collections company, we’re here to help. If you operate a credit card and consumer loan collections agency, we can provide you with insights and cover the basic information you need to know in order to process payments.
If you suspect your processing fees and rates are higher than necessary, please get in touch with us. We’re also happy to help if you’re looking for your first payment gateway for your credit card and consumer loan collections agency. You can contact us here for a free quote or advice, or click “Start” at the bottom of this page.
If you would like some general information on processing credit cards for credit card and consumer loan collections, please read on below.
High-risk processing and gateways are important in your industry
You’ll no doubt need to overcome some challenges when running a debt collection agency. One primary obstacle is finding affordable payment gateways and merchant services for debt collection that will integrate with your software.
Even though many factors influence this issue, there is one main culprit: being classified as high-risk. Credit card and consumer loan collections all classify as high-risk businesses and therefore have a harder time finding solid options. This is where we come in.
Running a collections business doesn’t mean that you’ll have to settle for higher than necessary costs for merchant services. Nor does it mean that you can’t use great payment gateways as a credit card and consumer collections business. You can certainly access gateways that allow you to process debtors’ payments online, over the phone, and in person.
At AcceptDebtPayments.com, we provide high-risk payment gateways that will work for your credit card and consumer loan collection agency. We’ll help you integrate this debt collection friendly processing with the platforms and software you already use. However, if you need help finding better software, shopping carts, and platform alternatives we’re certainly happy to assist you with that as well. If you’d like to discuss potential merchant account solutions or gateways for your unique business, please contact us here. We look forward to helping.
Setting up payment processing for credit card and consumer loan collections
As a consumer loans and credit card debt collector, there are a couple of elements you’ll want to keep a keen eye on when choosing a merchant service provider. You especially ought to make sure that the provider is a high-risk merchant services specialist.
Even if you might be accepted by a more standard merchant service provider, chances are that it won’t be beneficial for your business in the long run. While this is an oversimplified explanation, generally speaking, standard merchant service providers aren’t as experienced dealing with and handling the challenges that collections-based businesses often face.
What many new debt collectors don’t know is that their processing needs to be correctly set up for processing high-risk payments. Even high-risk friendly gateways need to be set-up correctly before you start processing payments. This is where our expertise comes in. We’ll set everything up for you with an affordable, easy to use, payment gateway for your credit card and consumer loan collections business.
While debt collection gateways and processing is our core business, we also know the ins and outs of various software and platforms that will fit your business type. This allows us to ensure that everything works together. When the software and platform you want to use interact smoothly with your processing, your business can thrive. Together, we’ll find the best solutions possible – with the features you want for your business.
Accept credit card and consumer loan debtor payments easily
Are you a new business owner looking for your first debt collection payment gateway? We can help. We will set you up and integrate a gateway for online, over the phone, and in-person credit card and consumer loan debtor payments for your business. If you’re looking for a more cost-effective or more easily managed gateway – we’re ready to assist. We believe it should be both easy and affordable for debt collection agencies to process debtor’s payments. Simply get in touch with us here or click “start” below.
It doesn’t have to be impossible for credit card and consumer loan collection agencies to find affordable, easily integrated payment gateways. Let us help- we’ll provide you the support, expertise, and collections payment gateways you need.