Overview Of Student Loan Merchant Account
A Student Loan Merchant Account allows the student loan doc prep industry to electronically process payments from clients for their services. So, processing can include credit cards, debit cards, value added cards, and high risk ach processing. Companies charging a monthly payment plan should consider adding a recurring billing module, to automate their processes and reduce overhead. Also clients appreciate timely and accurate pre-arranged billing and this would accommodate that in a fully automated fashion.
We specialize in Student Loan Merchant Account and student loan forgiveness merchant accounts. We approve practically every business type, even if you have been turned down for payment processing.With decades of experience, our team is here to help. Even if you have been shut down by your current processor, we have a solution for your particular situation. We’re available to answer any questions and provide ongoing continued support for our valued customers.
What is a Student Loan Merchant Account?
Borrowers pay student debt relief firms for help restructuring the terms & conditions of loans. In order to accept payments efficiently, companies establish student loan merchant accounts. Therefore, Student loan merchant account give businesses the ability to accept payments electronically. Hence, Student loan payment processing accounts make it easy and convenient for borrowers to pay you. While enhancing your cash flow and streamlining business operations.
Why Choose eSecurepay For Your Student Loan Merchant Account?
Put our expertise in high risk processing to work for you. Hence, below are reasons student loan merchants choose us.
- Competitive rates with fast approvals.
- Free application with no obligation.
- Extensive network of banks. Set up a single account. Or diversify processing with multiple student loan merchant accounts.
- Superb customer from highly trained account managers dedicated to your success.
- High volume merchant account specialists. Get the processing capacity you need.
- Fully compliant student loan payment processing gateway exceeds standards for secure transaction processing. Also Military grade encryption protects your business and your customers.
- Free technical support. Get the help you need when you need it.
- Unlimited customizable recurring billing plans. Also recurring payments are a convenient way for customers to pay you..
- Verification services help keep chargebacks and returns low..
- Fraud-fighting weapons & chargeback mitigation services safeguard your processing.
Documents Needed for Student Loan Merchant Account
- Personal KYC: Director’s Passport /Driving Licence/National ID/Voter/TAX ID
- Personal Address Proof: Director’s Bank Statement/Power Bill/Telephone Bill/Water Bill/Insurance if have any/Internet Bill
- COMPANY: Incorporation /MOA/AOA/PAN/TAX Registration/GST/Any licences
- Company Address Proof: Bank Statement /Cancel Check /Sample Invoice/Rental Agreement/Power Bill/Water Bill/Internet Bill
- Business Website: Website URL Needed
- Domain Ownership Copy: Domain Purchase receipt or Dashboard screenshot
- Processing Statement: If you have any current processing statement for 3-6 Months. – Optional
- Business Plan: Project information such as Targets, Growth, Team, Advertisement, Vision, Mission
- Application Form: Contact Us for Application Form
- Director’s Documents: Resume
Start Accepting Payments with eSecurepay Online Payment Gateway
If you’re in the student loan business and have struggle with acceptance from traditional banks and payment processors, eSecurepay may be able to help. So, our application process is simple and quick. Just fill out and digitally sign our secure online application, and submit your supporting documents. So, our underwriting team will review and confirm your information within 24 hours and if approved, we can have your setup complete within 48 hours of acceptance.