Collection agency merchant accounts are nearly all in a category considered high-risk by just about every credit card processing company or merchant. However, to understand why collection agency payment processing is regarded as high risk, it is essential to know about the factors that are part of the debt collection business model which lead to...Read More
Collection agencies require a compliant, reputable, well-established payment service provider for Their debt collection merchant accounts. Even high-risk payment service providers have a certain threshold of risk beyond what their underwriters may not be comfortable with for various reasons. Given that as underwriters, they are responsible for determining how risky a particular business is by...Read More
