Win $2500 in Grants For Your Business
Enter by August 1st 2015!
Start Accepting Credit Cards Today
Get Free Quotes From the Providers Below
They'll Provide You a Merchant Account & Gateway
Start Accepting Cards Online & In-Store

Best Debt Collection Merchant Account Providers

Overall Rating:
User Reviews:

Accepting Debt Collection businesses, they offer US, Euro & Offshore direct accounts, with integrated gateway and chargeback avoidance. Fast approvals and accepts new businesses.

3.95% - 7.95%
  • Accepts All Debt Collection
  • Accepts New Businesses
  • No Application Fee

Overall Rating:
User Reviews:

A company that offers secure offshore merchant accounts via sponsor banks located throughout the world. Ideal for debt collection companies that don't need to accept telephone payments.

8.00% - 8.00%
  • eCommerce Only
  • Offshore Only
  • $15000 min. monthly volume

Overall Rating:
User Reviews:

Exclusively dealing with high-risk merchants, they're a good option for debt collection businesses. Unfortunately, they charge a $500 application fee.

4.95% - 12.00%
  • Accepts Debt Collection
  • Offers Offshore Accounts
  • Accepts MATCH List

For More Information About Debt Collection Merchant Accounts or To Sign Up

Best Debt Collection Merchant Services Options

If you run or are starting a debt collection business you need a dependable credit card processor at affordable rates. Unfortunately, that’s becoming increasingly difficult to do.

If you’ve been in the industry for any time, the normal cycle for a debt collection company to go through with respect to their credit card processing needs, is to first go through an aggregator like PayPal or Stripe. The benefit to these companies is that they perform very little underwriting, so even though they do not readily accept debt consolidation businesses, you can usually get accepted and integrated quickly. The downside, however, to using these aggregator type accounts is that once you inevitably have a chargeback, or grow your business beyond say, $20,000 per month, these aggregators will begin to look into your business. When they do, their most common response is to freeze all of your funds, for 120 days, and they provide little customer service during the interim.

This is when debt collection companies start looking for a real direct MID merchant account. After calling a number of low risk providers and being turned down or rejected, they’ll realize they need a high-risk merchant account, otherwise they’ll fall into the same cycle of having to tell half-truths to the credit card processor, getting discovered, and having funds frozen. If you’ve started the hunt for a high-risk processor that accepts debt consolidation companies, you’ve found out that there simply aren’t many, and even fewer that offer reliable credit card processing at affordable rates.

Why is Debt Collection Considered High-Risk?

That is because the debt collection industry is regarded as extremely high risk, due to the industry’s historically high chargeback rate. The reason for this, is two fold: (1) the inherent nature of the business is that people are paying money they’d rather not be paying. Some of those people will always initiate a chargeback, and (2) some debt collection companies who didn’t know how to manage chargebacks, or who weren’t working with a knowledgeable high-risk processor and gateway that could help them manage and avoid chargebacks, have given the entire industry a bad reputation. Despite all this, however, thankfully, there are still a few good options.

Domestic and Offshore Options works with a number of processors and gateway providers with sponsor bank relationships that provide both domestic and offshore debt collection merchant accounts. We can provide credit card processing for debt collection companies under the following two options:

US Debt Collection Merchant Account Requirements:

  • US based company entity.
  • US based company representative.
  • US bank account
  • Business operations can be based globally

Offshore / European Debt Collection Merchant Account Requirements:

  • Minimum $15,000 USD per month in sales
  • Company can be based anywhere
  • No US or UK representative required

Pricing & Contract Terms

If you are looking for a debt collection merchant services provider, contact us via email or call us today to discuss establishing a merchant account for your debt collection business. We’ll discuss the following:

Pricing Available:

  • Discount Rates ranging from 1.95% to 12.00%
  • Authorization Rates ranging from: $0.20 to $1.00
  • Monthly Fees: Rates ranging from $5.00 per month to $249.00 per month

Other Contract Terms:

  • Rolling Reserve requirements ranging from: 0% rolling reserve, to 25% rolling reserve
  • Holdback Periods: Typically 7 days
  • Contract Length: Month to Month is available
  • No Application Fee
  • Direct funding with regular deposits (either daily or weekly depending on offshore v. onshore)

Additional Benefits:

Through our processing partners, we can also offer debt collection businesses the following additional benefits:

  • In house expert underwriting
  • Same day approvals
  • Multiple currency acceptance and deposits
  • Compatible with most major gateways and shopping carts
  • Visa / MasterCard / American Express Acceptance
  • MOTO (phone / mail), eCommerce, and swipe accepted.
  • Compatibility with over 50 processing gateways and virtual terminals
  • Integration assistance with over 100 shopping carts
  • Chargeback prevention & avoidance
  • Chargeback fighting
  • 3DS processing
  • eCheck processing
  • Online Gateways with chargeback prevention / screening

Types of Debt Collection Businesses Accepted:

MerchantNegotiators, through its partners, can provide credit card processing for a wide array of debt collection businesses. That includes debt collection businesses that engage in outbound call solicitation, first party agencies, third party agencies, debt buyers, licensed, unlicensed, bonded, and unbonded debt collection agencies. Types of debt collection companies for which we can provide credit card processing include:

  • Startup businesses and existing businesses
  • Previously rejected or dropped by another processor
  • High chargeback or bad credit merchants
  • Merchants who appear on the TMF or Match List
  • Processing Minimums: $0 Minimum for Domestic Accounts, $15,000 for Offshore Accounts
  • Domestic (US entity, US business representative, US bank account) and Offshore

Contact Us To Obtain a Debt Collection Agency Merchant Account

As a global leader in providing references for debt collection businesses to obtain merchant account services,’s expert team can help you receive a merchant account for your debt consolidation business in as little as 24 hours. Contact us today at 1-877-296-3690 to discuss your debt collection company‚Äôs credit card processing options

For More Information About Debt Collection Merchant Services or To Sign Up

As seen in...

These Companies Have Saved Thousands by Using MerchantNegotiators:

Dr. Amber Pedlar
Dentist / Founder
Pedlar Dentistry

"We were uncomfortable signing the first contract that we got and wanted to compare different companies...

We were able to compare 3 different credit card [processing] companies. It took 10 minutes, we picked one, and were able to save $3,000 dollars."

Chris Pavlick
AllCo Global

"They will monitor contracts, offer low rates, offer you a choice of companies to deal with, and most importantly, they hooked us up with someone that appreciated and understood international transactions.

Therefore we are extremely pleased to have found"

Jimmy Atkinson
Co-Founder was able to secure cheaper rates than I was ever able to on my own.

I'm quick to recommend to any business owner that takes credit cards. It's fast, it's free, it's easy, and best of all it can actually save you money." is now offline.

Thank you to all of our site visitors for a great three years!

Much of our team has transitioned to join Soar Payments, a merchant account provider. If you need a mid or high risk merchant account consider, Soar Payments.

Soar Payments is the #1 industry leader for mid and high risk credit card processing, as reflected by their many satisfied customer reviews. Click here to read real life customer reviews for Soar Payments.

How to apply in 3 easy steps


Apply Online Via The Secure Online Application

Complete the online application process (it takes 5 minutes). Click here to begin.


Get An Instant Quote From The SoarPay Team

You'll instantly receive a quote with Industry Minimum Pricing to DocuSign.


Start Accepting Payments With Your New Merchant Account

Soar Payment's Houston, Texas based Customer Support Team will help you get set up. The setup process is fast and easy.