Debt Collection
Payment Processing Solutions
Merchant accounts for debt collection agencies, with card and ACH payment plans, dispute-prevention tools and banks that underwrite collections. Apply with confidence.
Why Choose Daystar for Debt Collection Payment Processing
Debt collection agencies are among the hardest merchants to place. Regulatory scrutiny under the FDCPA and CFPB, higher consumer dispute rates and bank reputational caution lead most mainstream processors to decline collections outright or close accounts without warning. Agencies handling consumer debt, medical debt, auto loans or commercial collections need a processor that expects this profile instead of reacting to it.
Daystar works with 20 acquiring banks across 4 continents, including banks that knowingly underwrite collection agencies for card and ACH. As a high risk merchant account provider, we approve 95% of qualified applicants, most decisions arrive within 24 hours, and most approved merchants are live within 3 business days, with no setup fees and no long-term contracts. Agencies dropped by another processor or listed on TMF/MATCH can apply for review.
Our Debt Collection Merchant Account Features
Credit Card Processing
Payment Gateways
Mobile Payment Apps
ACH and E-Checks
Subscription Billing
Sell Internationally
Credit Card Processing
Debt Collection
Credit Card Processing
Accept debit and credit cards for one-time settlements and payment arrangements by phone, online or in the office. Accounts are underwritten for the collections model, and clear billing descriptors that name your agency help consumers recognize the charge. Signed authorizations and recorded payment terms give you documentation if a payment is later disputed.
Payment Gateways
Debt Collection
Payment Gateways
Connect our gateway to your collections management software or CRM so payments post to the right account automatically. A secure self-service payment portal lets consumers pay a balance or installment online at any hour, while a virtual terminal handles payments your collectors take by phone. AVS, CVV and velocity filters screen transactions before they settle.
Mobile Payment Apps
Debt Collection
Mobile Payment Apps
Field agents and office staff can take card payments on a phone or tablet when meeting with debtors or commercial clients. Mobile acceptance records each payment in the same reporting as your portal and phone payments, and receipts go out by text or email immediately, giving the consumer proof of payment and your agency a clean record.
ACH and E-Checks
Debt Collection
ACH & E-Checks
Most collection payments recur, which makes cards an expensive and dispute-prone rail on their own. Pairing card acceptance with eCheck and ACH lets you collect payment plans by bank draft at lower cost and with fewer chargebacks. Many agencies move scheduled installments to ACH while keeping cards available for one-time settlements.
Subscription Billing
Debt Collection
Subscription Billing
Set up recurring card and ACH billing for payment plans with documented consumer authorization. Retry and card-updater tools keep scheduled installments running when a card expires or a draft is returned, and payment reminders before each draft help reduce disputes. Automating plans cuts manual follow-up and improves recovery rates without adding collector hours.
Sell Internationally
Debt Collection
International Sales
Agencies collecting for international creditors or from consumers who have moved abroad can accept payments in multiple currencies. Domestic and offshore processing options and multiple MIDs let you separate portfolios, clients or regions, so a dispute spike on one portfolio does not affect processing for the rest of your agency.
Credit Card Processing
Payment Gateways
Mobile Payment Apps
ACH and E-Checks
Subscription Billing
Sell Internationally
Credit Card Processing
Debt Collection
Credit Card Processing
Accept debit and credit cards for one-time settlements and payment arrangements by phone, online or in the office. Accounts are underwritten for the collections model, and clear billing descriptors that name your agency help consumers recognize the charge. Signed authorizations and recorded payment terms give you documentation if a payment is later disputed.Payment Gateways
Debt Collection
Payment Gateways
Connect our gateway to your collections management software or CRM so payments post to the right account automatically. A secure self-service payment portal lets consumers pay a balance or installment online at any hour, while a virtual terminal handles payments your collectors take by phone. AVS, CVV and velocity filters screen transactions before they settle.Mobile Payment Apps
Debt Collection
Mobile Payment Apps
Field agents and office staff can take card payments on a phone or tablet when meeting with debtors or commercial clients. Mobile acceptance records each payment in the same reporting as your portal and phone payments, and receipts go out by text or email immediately, giving the consumer proof of payment and your agency a clean record.ACH and E-Checks
Debt Collection
ACH & E-Checks
Most collection payments recur, which makes cards an expensive and dispute-prone rail on their own. Pairing card acceptance with eCheck and ACH lets you collect payment plans by bank draft at lower cost and with fewer chargebacks. Many agencies move scheduled installments to ACH while keeping cards available for one-time settlements.Subscription Billing
Debt Collection
Subscription Billing
Set up recurring card and ACH billing for payment plans with documented consumer authorization. Retry and card-updater tools keep scheduled installments running when a card expires or a draft is returned, and payment reminders before each draft help reduce disputes. Automating plans cuts manual follow-up and improves recovery rates without adding collector hours.Sell Internationally
Debt Collection
International Sales
Agencies collecting for international creditors or from consumers who have moved abroad can accept payments in multiple currencies. Domestic and offshore processing options and multiple MIDs let you separate portfolios, clients or regions, so a dispute spike on one portfolio does not affect processing for the rest of your agency.Debt Collection FAQ
Yes. We offer chargeback alerts and fraud protection tools, with availability depending on your program. Our systems help flag fraudulent transactions and reduce chargeback risk.
Absolutely. Our infrastructure is equipped to handle high-volume transactions efficiently, ensuring that your business operations are smooth and uninterrupted, regardless of the transaction volume.
Yes, we provide multiple MIDs. This feature is especially beneficial for businesses looking to diversify their payment processing across different products or services.
We have partnerships with 20 acquiring banks. This extensive network allows us to offer more reliability and flexibility in processing your payments.
Yes, we provide both domestic and offshore processing solutions, giving you the flexibility to choose what best suits your business model and customer base.
No, we pride ourselves on transparency. There are no setup fees or hidden charges in our payment processing services.
Banks typically ask for state collection licenses or bonds where required, business registration, the types of debt you collect, your payment authorization and call-recording practices, and processing history. Clear consumer disclosures, documented payment plan terms and a descriptor that names your agency support approval. We do not give legal advice, so confirm FDCPA and state requirements with your counsel.
Our payment processing solution supports a wide range of payment methods, including all major credit and debit cards, to ensure that you can cater to all your customers’ preferences.
The account setup process is streamlined and efficient. Once you submit all required documents, we aim to get your account up and running as quickly as possible, typically within a few business days.
Yes. Debt collection is considered high risk because of heavy regulation (FDCPA/CFPB), consumer disputes and chargebacks, but Daystar places collection agencies with acquiring banks that knowingly underwrite this category for both card and ACH.
Regulatory scrutiny, higher consumer dispute and chargeback rates, and bank reputational caution all contribute. The answer is placement with banks that underwrite collections intentionally, plus dispute-prevention tools that keep your ratios healthy.
Yes. Most collections are paid over time, so we configure recurring card and ACH billing for payment plans, with retry and card-updater tools that keep scheduled payments running.
Often, yes. ACH bank drafts cost less than cards and carry lower dispute risk, so many agencies move recurring payment plans to ACH while keeping cards available for consumers who prefer them.
Yes. Re-banking terminated and TMF/MATCH-listed collection agencies is a core service, paired with dispute-prevention tools that help keep the new account healthy. Approval still depends on underwriting.
Regulatory scrutiny, a higher rate of consumer disputes and chargebacks, and reputational caution from banks all push collection agencies into the high-risk category. The fix is placement with a bank that underwrites collections on purpose, plus tools to keep disputes in range.
Get Your Debt Collection Merchant Account Today
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Not an existing customer or partner? Contact sales at +1 (786) 453-7357
Not an existing customer or partner? Contact sales at +1 (786) 453-7357
- 6303 Blue Lagoon Drive, Suite 400, Miami FL, 33126
- +1 786-453-7357
- support@daystarpayments.com