Credit Repair Merchant Account
At UniBul, our expertise is providing reliable and affordable credit card processing services to businesses that are classified as “high risk” by Visa and MasterCard, both American and international ones. Our solutions just work, even at the very high end of the risk spectrum! We have designed a solid Credit repair merchant account solution, with a straightforward application approval and simple, fast set-up.
Once you are approved, your credit repair merchant account can be up and running in as little as two – three days. Credit card processing is available in many dozens of currencies and you can settle your daily batches in any major currency of your choice, including U.S. dollars, euros, G.B. pounds and other currencies.
At UniBul, our goal is to meet your requirements and design the type of solution that will best suit your needs. For instance, if you are looking to open an additional credit repair merchant account, to be used alongside the one you already have, we have no problem with that at all — all we need is to get enough of your credit card processing volume to make it worthwhile. After all, before we can require that you give us your full volume, we have to prove that we deserve it. And we aim to do just that!
What we nee of you is to explain what your goals are and we will ensure that you achieve them. Once we know exactly what you expect of us, we will initiate the application process by requesting the following documents:
- Application form. We will send you the appropriate form at the beginning of the process. Just fill it out as completely as you can, sign and email back to us, along with the items that follow.
- Processing statements. For our underwriting review, we need your six latest credit card processing statements with your latest credit repair merchant account provider. In these statements, we will be looking at four things in particular:
- Processing volumes. The volume your business generates will have a direct impact on the terms of service, including processing rates and payout schedule, which we will offer you.
- Growth rate. We will be looking into how your card processing volumes are trending: going up, down or are being flat. As you would expect, rising volumes would translate into better terms for you. However, we will be more happy to process your card payments, even if your volumes are flat or declining.
- Chargeback level. This is one of the most important items under examination. Ideally, you would have your chargebacks firmly under control and, if that is the case, you would have a great shot at being offered the best payment processing rates we can give you.
However, as we don’t live in a perfect world quite yet, your chargeback ratio might well be in what is considered “excessive” territory — a ratio that is higher than 1 percent. In such cases, we would still be able to work with you, through our high chargeback merchant account program, only on slightly less favorable terms.
However, once we have approved your application and you have started using your credit repair merchant account, we will work with you to get your chargebacks back down to more “normal” levels and, once we’ve achieved that goal, we will reward you with a lower credit card processing rate.
- Decline rate. The rate of your declined authorizations is an important indicator for the overall health of your business and may throw light on the causes of your chargeback problem, if you have one.
- Supporting paperwork. As part of the underwriting process, we will need you to provide some documentation, which you would have readily available. More particularly, we will need the following items:
- Certificate of Incorporation or an equivalent document for your business.
- Copy of your driver’s license / passport / national ID card.
- Copy of your business license, if applicable.
- Voided check or, alternatively, a signed bank letter.
- The three latest bank statements for your business.
- Recent utility bill — it has to be no older than 30 days from the date on which you signed the application.
- Additional paperwork. Finally, it is likely that later on during the underwriting review, we may need some additional paperwork and we may also ask for information about something or other. This is just standard procedure, so be prepared and your prompt response will help us to quickly go through the process.
Getting approved for a high risk credit card processing service can be a huge challenge for the applicant business, as many of our clients keep telling us. However, once they find UniBul, their perspective changes greatly. The thing is that at UniBul we specialize precisely in high risk processing — we do little else — and have made the underwriting process as straightforward and painless as we believe it should be. The bottom line is that, as long as we have your full assistance, you will get your credit repair merchant account within days of sending your complete application package.
So send us a note now and give us some basic, off-the-top-of-your-head details about your business. One of our high risk credit card processing specialists will quickly get in touch with you to discuss your payment processing needs and to explain the different options we have available for you. Once we have selected the optimal set-up for your business and you have accepted the terms of service, we will immediately proceed with the application process and you will soon have your credit repair merchant account up and running and be able to take credit and debit cards for payment!
What Our Customers Are Saying
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UniBul enables American and international businesses to accept payments for the things they sell on their websites.
