UniBul’s Insurance Merchant Account
Getting approved for an insurance merchant account can be quite a frustrating experience. Your industry is classified as “high risk” by Visa and MasterCard, which immediately makes all traditional credit card processors wary about potential high rates of customer disputes and chargebacks — even before they’ve taken a glance at your paperwork. To make things worse, the few payment processors that would consider working with you are likely to do so on less than favorable terms.
Well, at UniBul we specialize in high risk credit card processing — in fact, we do little else. We provide highly dependable and reasonably priced insurance merchant account solutions to both experienced businesses and start-ups. We give you:
- Speedy application approvals.
- Straightforward account set-ups.
- Reasonable credit card processing rates.
- Secure transaction processing.
- No monthly processing caps.
- Acceptance of all major card brands.
- Complete PCI compliance.
- Solid payment gateway.
- Built-in virtual terminal.
- Daily deposits.
- Always-on merchant support.
At UniBul, we have made our insurance merchant account application process a fast, simple and straightforward affair. Once we’ve received your application paperwork, we initiate the underwriting process right away and can have you approved in as few as two days and you will be ready to start accepting credit card payments shortly thereafter.
Credit Cards, Currencies and Payouts
Our insurance merchant account solution allows you to accept Visa and MasterCard, as well as many other card brands, if you need them, both over the phone and on your website. Some of the payment card brands we support are shown below:
You can process your card transactions in dozens of different currencies and you can settle your batches in any of the major currencies that you choose, including U.S.D., euros, G.B.P., Swiss francs and other currencies, some of which are listed below:
Your payout schedule will be determined during the underwriting review. You can expect to have your money deposited right into your designated bank account either on a weekly basis (with one week in arrears) or, for well qualified businesses, daily (usually with three days in arrears). Whatever your payout schedule is, you will always get your money deposited as agreed and on time.
UniBul’s Virtual Terminal
UniBul’s reliable virtual terminal gives you the platform you need for fast, reliable and secure transaction processing directly on our secure website. Here is a sample of what you will get:
- Accept credit cards and, if needed, e-checks and other payment methods.
- Free fraud detection and prevention tools.
- Review and manage transactions, configure settings, view and download processing statements and reports and much more through our merchant reporting website.
- Set up just as many user accounts as you need and assign varying permission levels to control account access.
- A solid acquiring bank to represent your interests in transaction disputes and chargebacks.
- Place the free UniBul Verified Merchant Seal on your website for greater credibility.
Additionally, our insurance merchant account enables you to set up recurring and installment payment plans right from our virtual terminal console. Here is a sample of what you will be able to do:
- Bill repeat customers quickly, using the information you have stored on file for them.
- Automatic processing of subscription payments. Once a subscription plan is initiated, no additional input is needed for as long as the plan is active.
- Dynamic recurring billing to enable you to charge your customers different amounts or on different days each month.
- Enhanced security by eliminating the need to store sensitive customer information on your servers, minimizing your liability in potential data breaches.
- Improved customer loyalty through flexible, time-saving billing plans, for which they can sign up with either a credit card or a checking account.
- Lower costs through the elimination of manual billing.
- Management of customer subscriptions with email notifications for the expiration of a card or subscription plan.
UniBul’s Application Package
For a fast and straightforward insurance merchant account application approval, we ask that you provide us with the following paperwork as a complete package at the beginning of the process:
- Filled out and signed application form — we will email you the appropriate form at the start of the process.
- Articles of Incorporation / Certificate of Registration or an equivalent document.
- Government-issued photo ID, such as a passport or driver’s license.
- Recent utility bill — no older than 30 days before the application date.
- Business owner’s CV or r??sum??.
- Six most recent payment processing statements.
- Business license, if required by law.
- Three most recent bank statements.
- Voided check or, if unavailable, bank letter.
Start Your Application Now!
At UniBul, our insurance merchant account application process is fast and straightforward. Once we’ve received the documents listed above, we will immediately initiate the underwriting review, so you can start accepting credit and debit cards just as quickly as possible. So contact us now and let’s get your application started!
What Our Customers Are Saying
UniBul is ranked based on 159 user reviews.
UniBul enables American and international businesses to accept payments for the things they sell on their websites.
