If you can get one who has worked with businesses in the debt collection industry, the better. The company is headquartered at 22801 Ventura Boulevard Suite 300, Woodland Hills, California 91364. Even though some providers may appear to be a good fit for you at first, the best payment processors can satisfy your current business needs and grow with your future growth plans. Instabills main draw is its services to high-risk international merchants that process offshore payments, although its support for brick-and-mortar agencies that need on-site payment processing leaves something to be desired. I have been with them since 2015 and in June,2019 I decided to go to a different processor. Soar Payments is a great choice for high-risk debt collectors that are looking for a quick-yet-thorough underwriting process as well as customized quotes after their application phase. Easier borrower qualifications that help you build business credit. Ensure you understand the contract terms and all the costs involved with the credit card payments before you sign the contract. With our underwriting services in place, you can enjoy a much greater success chance of obtaining a merchant account with one of these banks. Fraud protection should be high on the list of priorities for a debt collector of any size and type, and Durango is well-placed to handle instances of fraud that are common to the collections industry. These people are the biggest crooks Ive ever encountered. Learn more about our monetization policies here. Instead, it appears merchants must contact the company directly to learn more about the exact terms of this promotion. Disgusted. Its a TOTAL SCAM! The .gov means its official. We have located multiple The Merchant Solutions customer service numbers: (888) 707-2836 Toll-Free Customer Support/Sales Copyright CardPaymentOptions.com, Inc. (Digital Fingerprint: 0d38c6720f0d78a701b74d58653af608). Credit Card Processing for Debt Collection Businesses This company and its employees are rude, I have been trying to cancel and they make it difficult. Banks consider collection agencies as high-risk for several reasons, the first of which being the sometimes-negative public perception of the debt collection industry. Whats more, the debt collection industry is regulated by federal authorities including the FDCPA and CFPB, and is subject to legal requirements that vary on a state-by-state basis. Requirements: 600+ credit score, 12+ months in business and $100,000+ revenue.
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merchant solutions group debt collection