Bail Bonds Merchant Account

Bail bonds businesses face various risk factors, which increase the financial exposure of payment processors offering them services. Within the bail bonds industry, the likelihood of chargebacks is high. This fact alone does not appeal to payment processors, as chargebacks cost processors time and money.

Because the bail bonds industry sits within an ever-changing regulatory environment, its legal constraints are subject to change. Likewise, bond regulations vary from state to state, posing a set of unique state-specific risks to traditional payment processors.

It’s not just major payment processors that are averse to servicing businesses within risky industries. Payment service providers, which typically do not offer services to high-risk businesses, mandate strict user policies that may change without warning. Clients of payment service providers may see high payment processing fees, have less control over their payment processing accounts, and face various other challenges.

With PayVault Secure you’ll be working with processing banks familiar with industries that have high chargeback rates, high monthly volumes, long fulfillment times, etc. You should partner with a provider that really understands your business—and at PayVault Secure, we really understand!

Bail bondsman state license

Business license

Business bank account

Employer identification number (EIN)

Completed merchant account application

The type of merchant account you should apply for depends on your business operations and desired payment methods. When applying for a bail bonds merchant account, two account types are available to you: retail and over-the-phone. 

A retail merchant account is most suitable for businesses that normally take payments in person. After obtaining an account, you can expect to receive a comprehensive point-of-sale system or terminal of your choice. And in terms of hardware, the options are endless! We offer cash drawers, full countertop systems, portable card readers, and more.

Another common merchant account for bail bond businesses is a MOTO merchant account. This type of account equips your business with a virtual terminal, which enables you to collect payment information over the phone and input that information manually. With this type of merchant account, you can offer convenience to clients in otherwise complicated situations.

By paying bail bonds, defendants get out of jail while they await their day in court. For any bail bond business to run smoothly, they must collect payments from the defendants. A few benefits of a bail bonds merchant account include:

If you cannot accept credit cards, you may miss out on sales from customers who only use cards.

A bail bonds merchant account allows remote customers to transfer funds to your business account instantly.

With fraud detection and encryption tools, you can be sure that your transactions are protected.

At PayVault, we've built a reputation as the payment industry's most reliable high-risk merchant account provider. We’ve partnered with various bail bondsman businesses to provide affordable and convenient payment solutions. Do not underestimate the power of partnering with a credit card processor you can trust to facilitate payments for your business!

Our payment solutions easily integrate with thousands of software platforms. If you need a payment processor incorporated with your bail bonds software programs, we can help! At PayVault, our software integrations allow you to combine world-class bail bonds software with industry-leading payment solutions like Authorize.Net, NMI, WooCommerce, BigCommerce, and more.

Contact us today to discuss how we can help you utilize payments within your bail bondsman software. Our modern bail bonds merchant accounts offer so much more than standard payment systems!