Money Services
Payment Processing Solutions
Merchant accounts for money service businesses, including currency exchanges, money transmitters, check cashers and remittance platforms, built around AML-minded, high-volume processing. Apply with confidence.
Why Choose Daystar for Money Services Payment Processing
Money service businesses face regulatory complexity every day. Currency exchanges, money transmitters, check cashing locations and digital remittance platforms carry licensing, anti-money-laundering and fraud obligations, and they move high volumes of funds. That profile leads many banks and processors to decline MSBs outright or exit the relationship with little notice, even when the business is fully licensed and well run.
Daystar specializes in industries traditional banks turn away. We work with 20 acquiring banks across 4 continents, and 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. Our DS Gateway supports high-volume transactions, multi-currency processing and real-time reporting.
Our Money Services Merchant Account Features
Credit Card Processing
Payment Gateways
Mobile Payment Apps
ACH and E-Checks
Subscription Billing
Sell Internationally
Credit Card Processing
Money Services
Credit Card Processing
Accept debit and credit cards for service fees, currency exchange and eligible transactions at the counter and online, subject to card-brand rules for your transaction types. Accounts are underwritten for MSB volume and ticket sizes, and clear descriptors that name your business help customers recognize charges. We review which transaction types can run on cards before setup.
Payment Gateways
Money Services
Payment Gateways
The DS Gateway integrates with your existing platform or POS system and supports high-volume processing, multi-currency transactions and real-time reporting. AVS, CVV, 3-D Secure and velocity filters screen online transfers and exchanges, and transaction data can be exported to support your internal monitoring and record-keeping processes.
Mobile Payment Apps
Money Services
Mobile Payment Apps
Agents, kiosks and branch staff can accept payments on a phone or tablet, useful for multi-location check cashers and exchange desks at events, airports or retail partners. Mobile acceptance records each payment in the same reporting as your counter and online channels, and customers receive receipts by text or email.
ACH and E-Checks
Money Services
ACH & E-Checks
eCheck and ACH give customers a bank-funded way to pay for transfers and services, often at lower cost than cards on larger amounts. For remittance and transfer platforms, ACH funding is a common primary rail, with cards available where permitted. Having more than one rail in place also keeps you processing if one channel is paused.
Subscription Billing
Money Services
Subscription Billing
Business clients and repeat customers can be set up on recurring billing for account fees, scheduled transfers or membership programs, with documented authorization. Card-updater and retry tools keep scheduled payments running when cards are reissued, and automated billing reduces manual follow-up for your staff. Clear terms support your records.
Sell Internationally
Money Services
International Sales
Currency exchanges and remittance companies serve customers who send and receive money across borders. Multi-currency processing lets customers pay in their own currency, and domestic and offshore processing options through our 20 acquiring banks on 4 continents support cross-border corridors. Multiple MIDs can separate services, locations or corridors for cleaner underwriting.
Credit Card Processing
Payment Gateways
Mobile Payment Apps
ACH and E-Checks
Subscription Billing
Sell Internationally
Credit Card Processing
Money Services
Credit Card Processing
Accept debit and credit cards for service fees, currency exchange and eligible transactions at the counter and online, subject to card-brand rules for your transaction types. Accounts are underwritten for MSB volume and ticket sizes, and clear descriptors that name your business help customers recognize charges. We review which transaction types can run on cards before setup.Payment Gateways
Money Services
Payment Gateways
The DS Gateway integrates with your existing platform or POS system and supports high-volume processing, multi-currency transactions and real-time reporting. AVS, CVV, 3-D Secure and velocity filters screen online transfers and exchanges, and transaction data can be exported to support your internal monitoring and record-keeping processes.Mobile Payment Apps
Money Services
Mobile Payment Apps
Agents, kiosks and branch staff can accept payments on a phone or tablet, useful for multi-location check cashers and exchange desks at events, airports or retail partners. Mobile acceptance records each payment in the same reporting as your counter and online channels, and customers receive receipts by text or email.ACH and E-Checks
Money Services
ACH & E-Checks
eCheck and ACH give customers a bank-funded way to pay for transfers and services, often at lower cost than cards on larger amounts. For remittance and transfer platforms, ACH funding is a common primary rail, with cards available where permitted. Having more than one rail in place also keeps you processing if one channel is paused.Subscription Billing
Money Services
Subscription Billing
Business clients and repeat customers can be set up on recurring billing for account fees, scheduled transfers or membership programs, with documented authorization. Card-updater and retry tools keep scheduled payments running when cards are reissued, and automated billing reduces manual follow-up for your staff. Clear terms support your records.Sell Internationally
Money Services
International Sales
Currency exchanges and remittance companies serve customers who send and receive money across borders. Multi-currency processing lets customers pay in their own currency, and domestic and offshore processing options through our 20 acquiring banks on 4 continents support cross-border corridors. Multiple MIDs can separate services, locations or corridors for cleaner underwriting.Money Services 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 FinCEN MSB registration where applicable, state money transmitter or check casher licenses, your AML and KYC program, business registration, transaction types, volume and ticket sizes, and processing history. Documented compliance policies and clear customer terms support approval. We do not give legal advice, so confirm licensing requirements with your compliance 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. Currency exchanges, money transmitters, check cashers and remittance companies are considered high risk, but Daystar places licensed MSBs with acquiring banks that underwrite financial services merchants. Approval depends on underwriting and your licensing.
MSBs carry anti-money-laundering obligations, high transaction volumes and elevated fraud exposure, and card-brand rules restrict some transaction types. Many banks avoid the compliance burden, so placement with banks that understand MSBs matters.
Yes. Our DS Gateway supports multi-currency processing along with high-volume transactions and real-time reporting, and domestic and offshore options support cross-border services.
Most decisions come within 24 hours and most approved merchants are live within 3 business days, once your licensing and compliance documents are in hand. There are no setup fees and no long-term contracts.
Get Your Money Services Merchant Account Today
Apply Now — Fast Approval, No Setup Fees
At your service.
You have questions. We have answers. Are you an existing customer looking for help? Complete the form to reach our support team.
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