Debt Collections*
April 27, 2021
April 27, 2021
The average American household debt is roughly $130,000. As debt continues to grow throughout the nation, the Debt Collection industry booms as a high risk, high reward area of business. While the profits can be high, they are not so easily acquired. Road blocks and challenges along the way will continue to pose a threat to your business if caution is not taken. One of these primary suspects being your payment processor of choice. With high dollar amounts being moved and reputation on the line, your approval chances with the mainstream payment processors will be minimal.
This is not your standard retail store industry where processing companies would be eager to work with you. In the debt collections industry the regulatory risk and high chance of chargebacks will drive your chances of approval into the ground. High Risk Payment Pros make approval painless and easy. We understand the needs of Debt Collections businesses getting started, and keeping operations running smoothly with no setbacks.
Skip the aggravation and get a free quote from our team today to take the first steps in getting your business running as efficiently as possible.