debt collection agencies merchant service account for collections – Place My Business

If your collection business falls under the high-risk category, you need Place My Business’ collection agencies merchant account services. Luckily, Place My Business accepts high-risk businesses when other merchant service providers have turned you away. This is where we at Place My Business step in with our merchant service for collections businesses.

Debt collection agencies find themselves sandwiched between failing debtors and escalating merchant rates. As such, it’s natural for such agencies to fall among the high-risk businesses. Our collection agencies merchant account can solve this problem to a great extent, and give a considerable boost to your collections business. Despite the risk profile of your business, we will help you get the best debt collection solution at an affordable cost.

Our debt collection merchant account is designed for businesses that offer the following services:

Collateral repossession and recovery services.
Account and bill collection services.
Debt portfolio collection services.
Credit reporting services.
Contractual or fee-based tax collection services.
Delinquent account collection services.

Here are reasons why you should choose our merchant service for collections:

Quick approval: You don’t have to wait for days to get your application approved. We prioritize application so that you get your merchant account in as short as twenty-four hours.

High-risk approval: Since your business falls in the high-risk category, we can help you get approved and setup so you can start processing credit card transactions in no time. We’ll help you get set up when other companies have turned you away.

Secure and fast: Our encrypted payment processing solution is secure and protects your personal information from unscrupulous web users. At the same time, we have an integrated API that’s extremely fast and seamless.

At Place My Business, you experience a smooth and easy process of opening a collection agencies merchant account. It’s surely a revolution in the challenging scenario of debt collections.