Open a Student Loan Merchant Account
Leap Payments understands the difficult area of student loan relief and more specifically the risks that accompany credit card processing. As a student loan relief business, having the ability to accept credit card payments online and over the phone is of the utmost importance for you, your company and your clients. Increase revenue and grow your customer base by accepting credit and debit card payments from students to assist them in the loan consolidation process with a student loan merchant account. Opening a student debt consolidation merchant account with Leap Payments allows you to safely and securely process all card payments for your services.
Improving Customer and Business Satisfaction
A necessary tool for student loan relief businesses, needed to succeed and grow, is a powerful merchant account without limits. Despite this, many companies that operate within the debt consolidation area find that some lenders label them “too risky to work with” strictly based on the industry. Financial institutions have several issues major issues when it comes to approving these types of merchant accounts. Because of this, the business of collecting debts can be difficult and is not considered favorable for startups. Other credit and debit card processing providers will require a long and very thorough transaction history or they will immediately turn you down. Student loan relief is a highly-specialized industry that requires a credit card processing partner that is equally highly-specialized in helping high-risk companies succeed.
Leap Payments can develop a customized credit card processing plan with you that specifically tackles common issues with the student debt consolidation industry. Easily give the convenience for your customers to pay with credit cards and for your business to securely accept them when you open a Leap Payments merchant account.
Approval for Student Loan Merchant Accounts
Leap Payments makes it easy to sign up for a student loan relief merchant account. Our Lifetime Rate Lock guarantee ensures that the rate on your account will not go up over the life of your partnership with Leap Payments. Additionally, our customized credit card processing solutions are tailored to meet your specific needs. This means we can help your business put a program into place that helps lower the risk of fraud or chargebacks.
Our customer support team is 100% U.S. based and ready to help you on an individual basis whenever you need. We are here to assist with questions about your account and offer advice on credit card readers and the best way to set up your online credit card processing account. Learn more by contacting a Leap Payments student debt specialized representative today.