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Debt Collection Business For High Risk Merchant Account- A Detailed Look

Merchant Stronghold works with a number of processors and gateway providers with sponsor financial institution relationships that offer both domestic and offshore debt collection merchant accounts.

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Debt Collection Business For High Risk Merchant Account- A Detailed Look

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  1. DEBT COLLECTION BUSINESS FOR HIGH RISK MERCHANT ACCOUNT- A DETAILED LOOK www.merchantstronghold.com

  2. In case you run or are starting a debt collection business you need a reliable credit card processor at low cost rates. unfortunately, that’s turning into increasingly more difficult to do. in case you’ve been within the enterprise for any time, the everyday cycle for a debt collection employer to undergo with respect to their credit card processing needs is to first go through an aggregator like Stripe or PayPal. The advantage to these agencies is that they carry out very little underwriting, so even though they do now not quite simply receive debt consolidation businesses, you can usually get regular and accepted quickly.

  3. This is due to the fact the debt collection enterprise is appeared as extraordinarily high Risk, due to the enterprise’s traditionally high chargeback rate. The purpose for this, is fold: (1) the inherent nature of the business is that humans are paying cash they’d as an alternative now not be paying. some of the ones people will always initiate a chargeback, and (2) a few debt collection corporations who didn’t recognize the way to manage chargebacks, or who weren’t operating with a informed high-risk processor and payment gateway that would assist them manage and avoid chargebacks, have given the complete industry a bad reputation. no matter all this, however, thankfully, there are nevertheless a few true alternatives. WHY IS DEBT COLLECTION CONSIDERED HIGH-RISK?

  4. OFFSHORE DEBT COLLECTION MERCHANT ACCOUNT SERVICE Merchant Stronghold works with a number of processors and gateway providers with sponsor financial institution relationships that offer both domestic and offshore debt collection merchant accounts. we are able to offer credit card processing for debt collection companies under the following two options: REQUIREMENTS FOR US DEBT COLLECTION MERCHANT ACCOUNT DEBT COLLECTION BUSINESS BENEFITS

  5. REQUIREMENTS FOR US DEBT COLLECTION MERCHANT ACCOUNT: US based company representative. US based company entity US bank account Business operations can be based globally DEBT COLLECTION BUSINESS BENEFITS: Through our processing partners, we can also offer debt collection businesses the following additional benefits: Expert in underwriting Same day approvals Compatible with Ecommerce portal and major payment gateways Acceptance Visa / MasterCard / American Express etc. MOTO (phone / mail), eCommerce, and swipe accepted.

  6. Contact Information: Address: 10300 49th Street N Suite 427 Clearwater, FL 33762 Contact No: +1 (888) 622-6875, Fax Number: +1 (844) 465 - 4723 Email: info@merchantstronghold.com Website: https://www.merchantstronghold.com Thank You

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