Why this is classified high risk
Debt collection is universally prohibited by aggregators and most low-risk processors because of FDCPA / CFPB litigation exposure, high chargeback potential, and consumer-complaint sensitivity. Even properly-licensed collectors get shut down by Stripe and PayPal within weeks of detection.
Real placement requires an acquirer experienced with debt MCCs (7322) who understands the difference between first-party in-house collections, third-party agencies, and debt buyers — each prices and underwrites differently.
Features included
Most consumer settlements pay ACH; card is for partial payments. Both on one statement, one reconciliation.
Tokenized cards for monthly payment arrangements with retry logic and account updater.
Direct integrations with the major collection management platforms.
We screen your call scripts, e-sign flow, and disclosure language before the acquirer does.
Underwriting documents you'll need
- State collection agency license(s)
- Surety bond documentation
- Merchant application + voided check
- Last 3 months bank + processing statements
- FDCPA-compliant consumer-facing payment page
- Sample call scripts and validation notices
Pricing factors
Debt collection pricing ranges 2.95% – 4.45% + $0.30 for card and $0.50 – $1.25 per ACH item. Reserves typically 5–10% rolling 180 days.
First-party in-house collectors and medical-debt collectors with low complaint ratios price toward the low end. Purchased-debt portfolios and judgment-recovery files price mid-range.