Loan Services Merchant Account
Life today is becoming a slave of credits and loans, and this is the reason why the loan industry is experiencing such a boom. In the wake of rising demand for loans, the business is becoming even more risky and susceptible to widespread defaulting. Therefore, online merchants in the loan service industry are finding it hard to partner with a reliable, and most of all, an affordable merchant account provider.
Most of the banks and other financial institutions consider loan services to be a highly risky business and seldom provide merchant accounts. And in case they agree to provide merchant account services, they charge loan merchants exorbitantly for their services. While many loan service providers agree to pay these extra bucks to offer their customers added convenience of making payments online, others simply give up on going viral.
But, there is happy news for all such loan merchants, who can now avail AMSLV high risk merchant account services at the most affordable prices. Whether your company deals in business loans, student loans, car loans, mortgages, personal loans or any other type of specific loans, we offer you a new payment processing system that will fulfill your online payment requirements.
Benefits of Loan Service Merchant Accounts by AMSLV
For loan service businesses that require high risk credit card processing services, AMSLV brings you the perfect solution by offering you loan services merchant accounts that are not just affordable, but can be customized as per your needs. Apart from this, there are number of other benefits you can derive from partnering with us, some of these are as follows:
Recurring billing services
With AMSLV loan service merchant accounts you get the benefit of setting up a recurring billing service. For one you have already given your customers the convenience of making payments online, by adding the recurring billing, you can actually get payments from borrowers in time and regularly every month.
Large ticket transactions
Depending on the types of loans that borrowers are availing from you also determines the risks involved. For example, if it is business loans that you deal in, sometimes the transaction amounts may be large, and borrowers may need to make hefty payments. In this case too, our network of trusted banks, allows our customers to accept large ticket transactions to allow borrowers to pay the full amount every month.
No Volume restrictions
While most high risk merchant account providers charge hefty fee corresponding to the volume of business, which means that as the volume of transactions increases, the fee for merchant accounts also goes on increasing.
At AMSLV we assure you that no matter how many payment transactions you make in a month, nothing extra will be charged for the same.
Protected loan service gateway
With so many hackers on the prowl over the internet, it has become harder for lenders to keep the information of their clients protected. And when we talk about an information breach it happens mostly through online portals only. Where as merchant account providers charge heftily for providing extra security, at AMSLV, it is our priority to offer secure payment processing at affordable prices.
Dealing with such large amounts of money is always considered to be far more risky because the chances of fraud are high. But with AMSLV fraud prevention system, you no longer have to worry about being unsafe or worry about losing the personal information of your clients to hackers on the internet.
We allow the screening of all the transactions and cancel the ones considered to be fraud.
To learn more about our gaming merchant accounts, feel free to call us at 855-267-8472, or write us at firstname.lastname@example.org.