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High Risk CC Processor for Student Loan Documentation Prep

We Value Education-Merchant Account for Student Loan Documentation

The value of education cannot be reiterated enough, as it equips an individual with the skill set required to understand a situation and take a calculated decision. Over the years the expenses towards education are spiraling and students are opting for loans which are an industry with increasing numbers. Managing the number of transactions for such loans is an extremely challenging task, the procedures involved are elaborate and the obstacles in the store are many. The EMI’s and payoffs on the student loans may come through a different type of cards and a good merchant account becomes a necessity to process all the payments smoothly from different payment gateways.

What to look for in Merchant Account Service providers for student loan Document prep

For any kind of loan to be availed, documentation is extremely important, and taking a student loan, the documentation is detailed and the industry is considered to be a high risk. Due to the risk factor, there are not many options like for other business funding, one has to weigh all the option and choose a merchant to provide the services for the loan doc prep. Finding a reliable and good merchant account for such high-risk industry requires few pointers which one has to set in priority before the services are provided:

  • One of the important things which come in way before availing the services of a merchant account is the fees involved; the charges are high considering the risk profile, hence finding the merchant with a nominal fee is tough.

  • Credit Card acceptance by any service providers is essential for a merchant account, ensuring that all card types like Visa, MasterCard, Amex, Discover

  • A good merchant account should have a robust payment processing set up to accept all cards from the virtual terminal without too many signatures, OTP, card not present requirements.

  • Chargebacks are huge in this type of financing, hence while choosing a merchant account it is advisable to check if they have the system in place to demand a refund in case of deficiency in their services to the credit card providers. In many cases this option is available however there are applicable fees to accommodate such services.

  • Most of the payments and services are availed today are done online from the mobile devices, hence the merchant account should provide for accepting payments from I phones /Android, mobile apps.

  • High Risk vs Low Risk is an important determinant in deciding the whether the merchant account services will be provided for the industry which has a high number of students applying for loans.

  • Applying for loans from different source are the options available for students to cover the cost of their education, hence looking for a merchant service provider who acknowledges Multiple Underwriting Banks is important.

  • Students many times make the payment of their loan amounts in cheque, hence the merchant account provider having the option of ACH processing and Check processing makes the process simpler.

  • Accepting payments via credit/debit cards have become very common today, hence merchant services accepting from students towards their payments from cards is another way that service providers get their loan payments regularly.

A student-friendly customer care to help the young minds to understand, and communicate the requirements are important for a merchant account service provider as the purpose of the entire account set up is to help the talents to achieve their goals seamlessly.

High-risk credit card processing is crucial as students pay off with their cards, and the success to reach many students in their process of documentation and preparation for higher studies should be addressed without any difficulties.

Among the other features, the solutions offered for Merchant account providers for Closed/shut off firms, who have provided student loans, can be taken up by the other providers with effective risk management so that both the student account and the service provider are in a win-win situation.

Domestic or offshore choosing the best

Being in the service industry and also financing a high-risk profile is a challenge, choosing to provide services to both domestic and offshore payment processors comes with its own advantages and challenges. With an interface which is effective in managing peak and low volumes of sales and swipes in by students for securing loan payoffs, it is an international platform. The effective fraud detection system and compliance with the PCI standards, this payment processing fully automates payment gateway is effective in managing its services round the clock, with prompt currency conversion and high-end technology.

Our Services

The most imperative form of payment technology used by students is just with a swipe of their debit or credit cards, we as a company offer out solution if effective payment technology accepting all major cards, with secure data transmission and offer a complete integrated service around the world be it in any corner of the city limits. Being a financially friendly company our service extends to:

  • high-risk student loan consolidation

  • Merchants with high traffic volumes

  • Closed /shut off, canceled merchants can avail our packages

  • startup businesses

Our key features are:

  • offer services to accept all credit cards internationally, as all of them have SSL encryption

  • prompt currency conversion facility

  • easy, secure and high fraud detection capable interfaces

  • automated payment solutions to avoid any human error

  • tie-ups with major financial institutions

  • help in processing recurring and subscription payments

Many loan merchants have tied up with us, as we specialize in high-risk merchant accounts with domestic processing centers locally and also offshore with a lot of low rate cards for the services with the high level of fraud prevention. We accept all cards, debit and credit, e-check, and other forms of electronic payment services to facilitate our clients’ flexibility to choose their best option. The monthly processing fees are very low when compared to other service providers in the market, our goodwill, and quality of service is the benchmark for the continuous business relations with many institutions in this industry.

Possible High Risk Accounts

  • Online Gambling
  • Discount Clubs
  • Jewelry Sales
  • Memberships

  • Debt Consolidation
  • Computer Software
  • Computer Hardware
  • ISP/E-mail Services

  • Pharmaceuticals
  • Herbal Products
  • Off Shore Accounts
  • Alcohol

  • High Volume Merchants
  • Magazines Subscriptions
  • Travel Companies
  • Third Party Merchant

  • Dating Services
  • Adult Membership
  • Mail Order Call Center
  • Telemarketing

Get Started Now

High Risk Credit Cards aims to offer processor direct pricing for all merchants across the United States. We want you to get the best deal that is available to your business. Click here to find out more information on our generous high risk iso program.

After years of experience in high risk processing, High Risk Credit Card Merchant Services has become a high risk merchant account provider committed to helping the high risk industry accept credit cards.


The hardest part of our online magazine sales company was getting a merchant account account with no caps on volume. I really appreciate all the help and support I received from

Steve Johnson, Florida

We have an online pharmacy were approved in a day, I couldn’t believe it!

Tanner Bryan, New York

Our online airline reservation business does over 2 million per month, but we wanted better rates. We were very pleased to be able to get great pricing with quick deposit time for our transactions.

Mina F., Main

Thank you, for the quick handling of our debit card issue… You’re simply the BEST!  your customer service is terrific and and most appreciated.  I’m happy to refer more business to HighRiskCC

Kyle Williams, New York

I called with a few questions about integration of my gateway, and although I was frustrated, Chase acted like a first-class representative and walked me through the process.

Hallie Horn, California

Having tried 3 other processors before I came to HighRiskCC, I was ready to give up, but just like their name they got me approved and it was painless!

Deborah Cooper, Arizona