To say credit card processing services are worthwhile to collection agencies is an understatement! In today’s economy, it’s pretty easy to see that card processing abilities are crucial for a companies success. If you’re operating collection agency without the ability to process credit cards, it is possible to make collections a lot easier and a lot faster! Even if you do have credit card processing, you might not have the quality services that bring about the best collections success rates.
People are used to paying with credit cards. Why shouldn’t they be able to use them to make payments to your collection agency? At Swipebox, we pride ourselves on the ability to provide our software to support our clients best needs and goals. We provide a service of making payments as simple as possible for our clients, who trust us.
Not only do collection agency merchant services bring in more payments, they do it at a much faster pace. This happens in two ways: customers tend to make payments much earlier on and those payments actually go through quicker. Faster deposit times means faster cashflow for your business.
In the world of merchant accounts, we know collection agencies have it rough, Swipebox is the solution to put your mind to rest. Credit and debit cards are a lot of peoples’ go-to preferred payment option, but there are still times when checks are favored. That’s why having Swipebox is an important payment option to have. A lot of debt collectors have a hard time finding processors they can rely on and work with in the long term. Let Swipebox put your mind at rest. “Our team experience with hundreds of debt collection firms provides us the knowledge and understanding most firms fight… high processing rates and increasing payment times.” – Kellen Tallada, CEO.
If you have had your merchant account shutdown or denied an account in the past it may be because you haven’t found companies, like Swipebox, that have experts familiar with collection agency merchant accounts. We specialize in high-risk acquisitions when most banks feel that collection agencies are too high risk. We are FDCPA complaint and are familiar with the regulations involving debt related services.
Start accepting USD, CAD, and many international currencies based on your processor integrations. Now you can accept Visa, MasterCard, American Express, Discover, JCB, Diner’s Club and Apple Pay!