Payment Processing for Credit Repair Businesses

PayDiverse provides merchant account underwriting and payment processing infrastructure for licensed credit repair businesses operating in the United States.

We are a B2B payments brokerage. We do not offer consumer credit repair, debt relief, or credit-related services to individuals.

Why credit repair businesses need specialized processing

Credit repair is a Visa- and Mastercard-defined high-risk MCC. Standard acquirers decline these merchants because of elevated chargeback ratios and recurring-billing exposure. PayDiverse maintains direct relationships with multiple sponsor banks that underwrite this MCC.

What we provide to merchants

  • Merchant account placement across a network of high-risk sponsor banks
  • Multi-bank processing architecture to distribute volume and reduce single-MID exposure
  • Real-time chargeback alerts (Verifi CDRN, Ethoca)
  • PCI-compliant payment gateway integration
  • ACH and card-not-present processing
  • Dedicated underwriting support

Underwriting requirements

Applicants must be a registered US business, hold all applicable state licensing for credit services organizations (CSO), and provide standard underwriting documentation:

  • Voided business check
  • Three months of business bank statements
  • Recent processing statements (if applicable)
  • Proof of compliance with the Credit Repair Organizations Act (CROA)
  • Articles of incorporation and EIN

Apply for a merchant account

Applications are reviewed within 2–3 business days. For businesses only — we do not service
consumer applications.