Bail Bonds Merchant Accounts

All Credit Levels Accepted + 25% Lower  Fees

First Card Payments has over 20 years experience as an online merchant processor.

lady justice fight chargebacksOver the last half decade, the bail bond industry has increasingly turned to the use of a credit card merchant account as a form of payment for their business.

Previously it has been an all cash business. Obviously being able to accept credit cards is a big plus for this billion-dollar industry. But banks have not made it easy and for most, the only option is to open up a bail bonds merchant account.

Although it may be true that the bail bonds industry is high risk, it’s also true that there are certain banks and ISOs that are more than happy to do business with them. That’s where First Card Payments comes to assist!

We have worked with bail bonds companies to provide high risk merchant accounts and watched as our clients' businesses have soared. We can help you do the same. We are your partners in chargeback mitigation and all online payment gateways and processing. 

You focus on building your business and leave the processing to us.

Click to Call - (877) 441-6801 

Benefits of Bail Bonds Merchant Accounts:

Better Fees

  • Up to 25% off the markup on your current fees.
  • No early termination fees or cancellation fees.

Better Service

  • Fast & easy approval. 
  • Personal FCP consultant.

Better Relationships

  • Benefit from our relationships and networks.
  • You are our top priority.

Better Quality

  • Consultation to Mitigate & Fix Chargebacks.
  • Encrypted and easy to use Online Merchant Processing gateways.

Why Choose First Card Payments?

The one big drawback to a Bail Bonds Merchant Processing Account is the higher risk associated with this client type and the collateral associated with it. 

The potential for flight, increased chargebacks and inconsistent cash flow are constant worries. We believe our job is to take care of the rest. We will work with banks and ISOs, provide chargeback mitigation consultations and work with you to find solutions to payment problems. 

We also believe that payment gateway provider is essential, which is another service we offer. These are the benefits of you, our bail bonds merchant account holder, receive when working with First Card Payments:

  • The ISO/bank sets a fee which the merchant processing company can’t go below, but they can go higher and they do. At First Card Payments, we take up to 25% less, 9 out of 10 times for all jewelry merchant accounts.
  • We work with you to mitigate your chance of receiving a chargeback in the first place. We don't just fix it, we help you prevent it. 
  • Full encrypted, safe and secure payment gateway that is reliable (it won't go down in the middle of a transaction) and easy to use (you don't need a PhD. to use it. We also provide web development for all payment gateways
  • Honesty and transparency are our calling cards. We get our clients to lower fees and we maintain a long-lasting client relationship; it’s a win-win.

You will need a merchant service provider that specializes in high risk merchant processing for a Bail Bonds Merchant Processing Account. First Card Payments is that provider. 

First Card Payments Is Your Path To Easily and Safely Collecting Bonds

We work almost exclusively in the high risk arena. We have 30 plus excellent relationships with different Banks and ISOs that approve high risk type businesses. We have the experience, know how, and quite frankly the connections to obtain a quick approval for your company with the best terms and rates available for the bail bond industry.

Certain banks and ISOs will approve a merchant account for you. Good news, right? Not always. Now you find out the volume amount is much lower than you desire or there is a high reserve or there are high fees.

Many companies promise you results and fall very short of their promise to you. What good is having a merchant account that doesn’t deliver? If you can only use it for a small amount of volume for the month it would be like having a car that you can only fill a quarter tank of gas for the month. Not good. Let us bring you to the right banks and ISOs for your industry that will provide you with enough volume for the month and great fees and terms! As a business owner you don’t want to waste time applying to the wrong banks and ISOs until you find the one that is best for your business.

Not only would that be a tremendous waste of your valuable time, it will also ding your credit and multiple application submissions can hurt your chances of receiving a merchant processing account. Allow First Card Payments to use our tried and true know how and experience to expedite your approval at the very best rates and terms available. That’s our promise to you!

Open up your high risk merchant account and become our partner and benefit from our experience.

How to Apply For a Bail Bonds High Risk Merchant Account

If you already tried applying for a merchant account, you probably realize by now how difficult it is to secure one if you’re doing business that involves bail bonds.

Traditional banks would usually stay away from this industry mainly because of inconsistent cash flow, although bail bonds has already made a mark in business over the last few years.

But there are ways to apply for a bail bonds high risk merchant account and actually get an approval.

Prepare all the documents needed for a bail bonds merchant account.

Before you can apply for a bail bonds merchant account, you need to prepare some paperwork to back up your credibility as a business. This includes a valid, government-issued identification card, 3 months of your most recent bank statements, a bank letter or pre-printed voided check, 3 months of your most recent processing statements if applicable, a fully operational website and your SSN or EIN.

By having these documents ready, you can streamline your application process efficiently and get better chances at being approved for an account.

Clean up your finances.

After submitting your application, underwriters will conduct a review of your business to determine if you are worthy of a high risk merchant account or not. These professionals usually look into your financial health to see if you are managing your money well.

They will check your credit scores, bank statements, credit card processing history, and even your website, and any red flags could reduce your chances of getting approved for an account.

So before you apply, make sure that you don’t have any unpaid bills or late payments, negative bank account balances, and of course, excessive chargebacks that could easily hurt your chances at getting a high risk merchant account.

Be clear on your return and refund policy.

One of the reasons a bail bonds business is tagged as a high risk merchant is the risk for high chargeback rates. But you can actually avoid this hassle by making sure that you have a strong return and refund policy in place and it should be published clearly on your receipts, contracts, and on your website.

It’s also very important to strengthen good payment processing practices such as saving signed receipts, using the Address Verification Service (AVS) for online purchases, and a Card Verification Value (CVV) that will help protect you against processing stolen credit cards.

Apply Today!

Offering bail bonds is definitely a high risk business because you are never assured that a client is capable of paying you back. But being tagged as a high risk merchant doesn’t necessarily mean that you won’t be able to get a good payment processing account from a reputable merchant account provider.

You just need to prepare for your application, answer questions honestly and concisely, work with the right people, and make sure that you have documents to prove your claims.

This way, you will surely get approved for a high risk merchant account that will help your business in more ways than you can imagine.

Are You Ready to Beat the Competition?

Click 'Get Started', fill out the contact form and we one of your account experts will contact you immediately recommendations. No obligation.

Learn More About The Bail Bonds Industry 

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