Collections Agency businesses, by definition, incorporate more risk to the credit card processor than conventional businesses. Some of the reasons for this risk are high sales volumes and the resultant susceptibility to fraud due to the “card not present” environment. Domestic High Risk Debt Recovery Merchants can earn enormous revenue but often encounter frustration accepting online payments due to non-availability of processors willing to accept certain industry risks. Collection Agency's typically have one or more of the following characteristics can be categorized as a high risk merchant business:
We work with several Banks that are actively looking to work with Collection Agencies. We can have your consumer or commerical agency setup to accept both Visa/Mastercard and eChecks via phone or through a secure web portal.
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