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- To make a payment to a debt collection agency, you need to double-check that you actually owe the debt, calculate how much you can afford to pay, contact the debt collection agency, and make your payment1. Collection agencies require a merchant account provider that supports over-the-phone as well as online payment processing and facilitates timely consumer payments to prevent interruptions to revenue streams2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In this article, we’ll go over how to make a payment to a debt collection agency. Here’s a basic outline of the steps, in case you’d like to jump ahead. Double-check that you actually owe the debt Calculate how much you can afford to pay Contact the debt collection agency Make your paymentwww.creditkarma.com/advice/i/how-to-pay-debt-col…Collection agencies require a merchant account provider that supports over-the-phone as well as online payment processing and facilitates timely consumer payments to prevent interruptions to revenue streams.www.merchantmaverick.com/debt-collection-agenc…
Payment Processing Solutions for the Debt Collection Industry
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We specialize in easy-to-manage credit and debit card payment processing for bankruptcy attorneys, debt collectors, and credit repair consultants. We understand your needs and will be with you every step of the way.
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Apr 26, 2018 · Our expert management team created a payment processing solution that exactly meets the needs of collection agencies, no matter the size. We provide advanced reporting, immediate payment acceptance, and fast …
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A collection agency merchant account is a specialized payment processing solution that allows debt collectors to recover funds from customers by accepting credit and debit card payments over the internet or by phone.
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