Get Merchant Account for Document Preparation

Document Preparation of Credit Card Processing by Unity Payments
In a billion-dollar sector, document preparation is essential to many international marketplaces. The document preparation sector serves businesses requiring loan settlement documentation and debt settlement processes and those needing tax preparation services, student loan applications, etc.
Regretfully, if you work in the document preparation sector, payment processing problems could arise. Even while this industry appears uncomplicated, traditional banks view it as dangerous. It will, therefore, be challenging to get doc prep credit card processing until you have secured a high-risk document preparation merchant account.


What You Need for Doc Prep Merchant Account?
Every business that accepts card payments must have a merchant account. This account functions as an online or in-person terminal that customers use to enter their card information when purchasing a product or service from the business. The payment processor that provides the account is backed by an acquiring bank, which then supports the transactions. Some well-known providers of traditional online tier one merchant accounts are PayPal, Square, Stripe, and Braintree. However, these popular payment processors are reluctant to collaborate with businesses in high-risk industries, which includes those that provide document preparation services.
Why Document Preparation is Believed as an Increased Risk?
The document preparation industry consists of various services and markets, but it is generally considered a high-risk industry for traditional financial institutions and payment processors. This is due to several reasons, such as:
- Conducting Business Online: While numerous companies have a physical location, most people involved in document preparation work remotely and online. Working online is typically seen as riskier to standard payment processors because it can be difficult to locate business owners if they find themselves taking on excessive financial risk.
- Hacking and Data Breaches: Due to the increasing number of online hacking and data breaches, payment processors have become more cautious about collaborating with digital businesses, such as document preparation companies. As a document prep company, you may be entrusted with managing and safeguarding personal and sensitive information of your clients. If you choose to store the data and information you collect from your clients online, you are also legally and financially accountable for any data breaches or hacking attempts you may encounter.
- Chargebacks and Disputes: Relying on the different markets you focus on with your document preparation business, you may be at a much more increased risk of chargebacks and charge disputes for the services you provide. The document preparation industry itself is known for its higher-than-standard chargeback rates. Higher chargeback rates and disputes have led significant payment processors such as Paypal, Stripe, and Square to avoid working with users who are in the document preparation industry.


What Do You Need of a Payment Gateway for Doc Prep Services?
Merchant services can be helpful for individuals who own and operate their own document preparation companies. They can use a document preparation payment processor to ensure a smooth payment process and generate income. Consider applying for a high-risk merchant account for your document preparation business to avoid any payment issues. Some of the reasons to apply for a high-risk merchant account include:
- Avoid Payment Disruptions: A document preparation merchant account for increased risk is less likely to cause you problems while running your business. With a standard payment processor, you may one day discover your account frozen or restricted without warning.
- Avoid Blacklisting: If you are using a traditional payment processor and it is discovered that you are providing high risk services that violate your processor’s TOS (Terms of Service), you may be at hazard of having your domain name blacklisted. If your domain name is reported as inappropriate or high risk, it may fall among rankings of top search engines such as Google, Yahoo!, DuckDuckGo, and Bing.
- Prevent Missing Opportunities: A standard payment processor can freeze or terminate your account at any time without notice. Using a doc prep credit card processing service is a way to guarantee that your document preparation business can continue its operation without being shut down.
How to Apply for a Document Preparation Merchant Account?
Once you select the merchant services provider for your document preparation business, you must complete the application process to get your merchant account. The following basic information will be required before your merchant account is approved:
- Personal Details: SSN (Social Security Number), Name, Address, Phone Number, EIN (Employer Identification Number) for businesses
- Banking Information: Your bank routing, account numbers, and bank statements for up to 3 months may be asked. If you have a business account, sharing this information will help validate your business’s existence.
- Credit History: Your credit score may be checked to determine financial stability.
- Credit Score: Your current credit score may be checked before a high-risk merchant account is approved.
- Online Presence: You may need to verify the existence of your document preparation website or online presence to complete the application process.
Running a document preparation business does not have to be a stressful or risky experience. With a reputable and trustworthy credit card processing service for doc prep, you can easily attract new clients, accept payments, and continue to scale your business without the fear of losing out on opportunities to generate revenue.

Unity Payments is A Document Preparation Payment Processor You Can Trust
We are committed to providing exceptional support to all types of high-risk businesses. We have tailored our services to help your document preparation business process payments securely and efficiently, while also mitigating any potential risks.
As soon as you begin the application process with us, we assign one of our knowledgeable account executives to your business. They will work with you every step of the way to understand your specific needs and ensure that you receive the proper support.
With the right banking partner, your document preparation business can scale and grow without worrying about being closed down due to your industry type. Our secure payment gateways and seamless integrations make it easier for you to focus on your business while we handle the payment processing.

Get Started with Unity Payments
Creating an account with us is easy; you can start accepting payments quickly. If you need a custom package designed specifically for your business, give us a shout; we’ll be happy to help!

Document Preparations Software Integrations
Unity Payments offers merchant services designed explicitly for document preparation businesses. Our services allow easy integration with the software, CRMs, and LOS applications you already use. This integration simplifies and optimizes client billing, while seamlessly linking with your CRM to keep track of vital customer data. With our easy connection capabilities, you can conduct business smoother than ever before.
Real voices, real experiences
"We are extremely pleased with the services provided by Unity Payments for our adult store. Their payment solutions have been reliable, secure, and efficient, making transactions smooth for both our customers and us. Their customer service team is responsive and helpful, addressing any queries or issues promptly. We highly recommend Unity Payments to other businesses looking for a reliable payment processing partner."

"We've been using Unity Payments for our payment processing needs, and we couldn't be happier with the service. Their platform is easy to use, their rates are competitive, and their customer service is top-notch. Whenever we've had a question or issue, their team has been quick to respond and resolve it. We highly recommend Unity Payments to any business looking for a reliable payment processing solution."

"Unity Payments has exceeded our expectations in every way. Their platform is easy to use, their rates are transparent, and their customer service is exceptional. They've helped streamline our Store's payment processes and have been a pleasure to work with. We highly recommend Unity Payments to any business looking for a reliable payment processing solution."

Unity Payments mobile payment solutions have made it incredibly easy for me to accept payments from customers, whether they're paying with credit cards or mobile wallets. The setup was simple, and their customer support team has been extremely helpful whenever I've had questions. Unity Payments has helped streamline my restaurant business operations, and I'm grateful for their reliable and efficient payment service"

