Debt Relief Merchant Accounts

Debt consolidation companies often face huge difficulties when attempting to apply for a merchant account. Countless merchant service providers will immediately deny debt consolidation companies from opening a merchant account.

Merchant Account Pricing for Debt Relief Companies

Just because the debt relief industry is considered high risk doesn’t mean you should pay higher fees for merchant services. Merchant fees are often marked up way more than necessary, so First Card Payments works with banks and ISOs to make sure those fees are lowered for our clients as much as possible.

Why First Card Payments Is the Top Choice for Debt Relief Merchant Accounts

• No fees for the application or setup
• No early termination or cancellation fees since FCP offers month-to-month agreements
• Most of the time, our experts can knock off 25% of marked up merchant fees
• Account approvals and savings are possible due to the relationships we have cultivated with over 30 banks and ISOs
• Solutions regardless of the issue, from high chargeback rates or bad credit to card-not-present (CNP) transactions and more

Debt Relief Merchant Account Consultation Services

Our expertise is what sets us apart. Not only do our relationships with owners, presidents, and CEOs of various banks and ISOs give us leverage to negotiate better terms for our clients, but our chargeback prevention tips and additional merchant consultation services are beneficial for your debt relief business.

Our merchant services experts can mitigate merchant processing caps to allow you to grow your business. We also offer a backup debt relief merchant account as an added layer of protection in the event that the primary account is terminated for any reason.

Applying for a Debt Relief Merchant Account

As a high-risk category, debt relief companies need to have realistic expectations regarding the application for a merchant account. Apart from the fact that applying for a high-risk merchant is difficult to get approval for, it also means having to pay more than more traditional, low-risk merchant accounts. High-risk merchants usually have higher processing fees, higher account fees, early termination fees, and so on.

Fortunately, there are plenty of high-risk merchant service providers like First Card Payments that have higher account approval rates and can help your debt relief business establish its payment processing. With the right tools, knowledge, and experience, the experts at First Card Payments will help you deal with the hassle of getting approval and lowering fees.