Debt Collection Merchant Account

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We specialize in Collection Agency  Merchant Account and merchant accounts for debt collections. We approve practically every business type, even if you have been turned down for payment processing.With decades of experience, our team is here to help. Even if you have been shut down by your current processor, we have a solution for your particular situation. We’re available to answer any questions and provide ongoing continued support for our valued customers.

Don’t hesitate, call us immediately for assistance. Our dedicated staff is standing by to assist you. Our typical turn-around time is 3 business days and in some cases the same day. We look forward to working with you  Apply Today

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High Risk Merchant Account LLC can accommodate collection agency merchant accounts for the debt collection business. We specialize exclusively in high risk merchant account for tough to place industries, such as the collection agency space. Offering several specialized products geared toward this vertical, such as payment integration directly into your CRM to streamline process efficiencies and accuracies. Value add products such as recurring billing can also benefit your operation, allowing payment agreements to be automatically programed to be billed timely. Our staff will work with you to execute a payment processing plan tailored to your operation.

We Approve:

  • Debt Collection Sector
  • Collection Agency Industry
  • Consumer Debt Collection
  • Healthcare Debt Collection
  • Commercial Debt Collection

What Is A Collection Agency Merchant Account:

Merchant accounts for collection agencies furnish ownership the ability process payments directly from the debtors’ debit card, credit card, or high risk ach processing. Adding a recurring payment module to automate payment agreements, streamlines your internal processes and saves on labor costs, as well as reducing human error. Merchant services payment processing is critical to your success.

Who Needs Debit Collection Merchant Accounts:

If you are looking to enter or expand into the debt collections industry, the need to accept electronic payments through a merchant account service will be an invaluable tool in the survival and growth of your business. Based on the Federal Reserve Bank’s statistics, there has been a consistent increase in the amount of outstanding credit in the United States. Last year alone, this number increased by just about 8 percent. According to personal debt has exceeded debt levels of 2008, prior to the bank crisis. This continued growth, could translate into a larger piece of the pie needing to be serviced because of the pie itself actually growing. The number of industries that could require the services of a debt collection agency therefore, become virtually endless. Any business that carries a balance on their books, could potentially find themselves in need of your services, specifically in the cases that they are unable to collect on the debt owed. Having a merchant processing account will assist your agency in easing the process in which you can collect on the debt. Having the ability to accept credit cards and ach processing will ensure your business is open to the world.

The reason a debt collection agency would require a high risk merchant processor instead of using a traditional bank for their transaction needs is due to the chargeback risk of the industry. There lies a potential for what the industry calls a charge off. A charge off is where a debt collection agency has a debt on their books but is unable to collect on it. A debt that is unable to be collected will be recategorized as a charge off on the business’ statements and typically gets sold off to a debt buyer or another agency. In the eyes of traditional banks, this increases the risk of business practices and causes them to typically avoid the industry. We strive to approve all merchants, regardless of whether you have been shut down or turned down in the past. We understand that each merchant has unique and individual needs because of the diverse markets and regions an agency may be collecting in. Not every agency will operate the same way as another. Our mission is to find the best account services that will help your business grow and thrive in the extremely competitive collections industry. The ability to accept credit and debit cards is of paramount importance in the collections industry for fairly obvious reasons. Making collections over the phone typically require that your business be able to accept cards or electronic forms of payment. It also increases the amount of customers you are able to service, especially in the ever growing digital world that is shifting from cash and checks towards electronic payment. The need to accept cards and online payments has never been greater than it is now and will likely only keep growing. The use of cashless methods to purchase goods and services is consistently grown with each passing year. In order to keep up with the ever-changing market and continue growing, your collection agency has to stay current with the technology and methods that keep the industry running at the most optimal levels. Our specialists make use of the years of hands on experience and knowledge to ensure that you stay on the cutting edge of the best practices and the equipment to back it up.

Having the best merchant account services in the industry could be the defining factor as to how high of a level your business is able to compete at. High Risk Merchant Account LLC is here to help you do just that. Regardless of the industry you are collecting for, whether it is medical, credit card, commercial or court judgements, our highly skilled experts will provide you the highest level of service backed by decades of experience. In conclusion, debt collection merchant processing is an indispensable asset.

Multiple Platform Processing:

Offering multiple merchant payment solutions for collection agencies sets us apart from our completion. Needs are varied depending on your particular business practices and processes. We can effectively implement a merchant services platform that best meets individual business operation. We will work closely with management to understand the particular needs and work from there. Call us today to get started.

  • Full CRM Payment Integration
  • Recurring Payments Modules
  • ACH Payment Processing Available

Our Benefits:

  • Streamlined Online Application, offers fast and accurate submissions.
  • Multiple Platforms, including CRM Integration & Ecommerce Solutions.
  • Dedicated Account Managers to guide you through the process.
  • Diversified Acquirers with appetite for the debt collection agencies.
  • Streamlined decisions processes and fast turn-around times.

Our Mission:

Our goal is to approve all merchants, regardless if you have been shut down or turned down in the past. We understand mitigating circumstances such as chargeback ratios and exponential monthly volume growth can devastate a bank relationship, causing a merchant closure or substantial holds place on an account to protect the bank from losses. We are dedicated to making every attempt to resolve issues and get your account approved. Our commitment to excellence and going the extra mile to exhaust every opportunity is our mantra. We strive to exceed expectations and utilize our expertise and competence to deliver unsurpassed customer satisfaction.

Our Commitment:

With our team’s unique experience in the payment space, we bring the vital expertise to get your account approved quickly and painlessly. Our staff is committed to providing unsurpassed customer service and strive for 100% customer satisfaction. Give us a call today to discuss all of your credit card processing needs.


At High Risk Merchant Account LLC, your business success is our ultimate goal. Our dedicated staff is standing by to assist you in navigating the payment processing space. With decades of experience, our team is committed to providing competent knowledgeable advice and a plan of action to get your merchant account approved quickly. Call us immediately to get on the fast track for debit collection merchant accounts approval. Our typical turn-around time is 3-5 business days and in certain cases the very same day. We look forward to working with you!     Apply Online Today