A Debt Collection Merchant Account is a payment processing account that allows debt collection businesses to accept payments from customers. This includes credit cards, debit cards and other electronic payment methods. This account enables secure acceptance and processing of payments from customers, including credit cards, debit cards and other electronic payment methods. By utilizing a dedicated Merchant Account, debt collection companies can streamline their payment operations and enhance their cash flow.

PayDaddy are specialists in arranging Merchant Accounts for high-risk businesses e.g. a debt collection agency. We work closely with several acquiring banks that will accept your business on merit and approve your application for a Merchant Account. Our provider partners have experience in placing several of the largest UK debt collection companies. However, as is the case with all Merchant Accounts, it is particularly important for PayDaddy to get the correct solution in place for your business.