High Risk Check Processing

At UniBul we build payment processing solutions for merchants — both U.S.-based and international — which are considered too high risk for most other processors to work with. To make that possible, we have established relationships with a number of banks and service providers from all over the world, which, in turn, has helped us expand our service offerings over time. But there is one particular solution we’ve been providing for years and which, for some reason or other, we’ve never got around to present in detail.

So today we will give you an overview of our high risk check processing solution. We offer it both as a stand-alone type of service, as well as a part of a package that also features credit card processing.

Who Our High Risk Check Processing Is For?

We do process e-check payments for just about all high-risk industries. Here is a sample list:

Once again, this is just a sample list and if you don’t see your own industry in it, we probably support it all the same..

What Do We Give You?

We can process checks of any amount of up to $25,000.00. To do that, either you can take your customer’s check information and enter it into our payment gateway or your customer herself can enter it on your own website. The check is then screened by the national check databases for positive or negative account data, as well as for check level status. That means that we verify whether or not your customer’s bank account exists or it is closed or is currently in an NSF status or has some other high-risk-related issues. We also check a national database of check writers to make sure that your customer is not bouncing checks all over the place and that she doesn’t have any unpaid NSF fees with businesses and banks.

We do not just give you a blanket approval or rejection when processing your check payments. If the check happens to be a “maybe”, we will give you the reasons why we think there is a risk involved with processing it and ask you whether or not you would want to proceed with the check process. This enables you to make an informed decision, based on an evaluation of the risk level or to charge customers you know may have had issues in the past, but are currently in good standing with your company. This is a big advantage, considering that most of the processors out there would simply say “no” when you know the check is going to clear. We leave the decision up to you. And you can even override a negative response if you feel confident enough.

How Much Do You Pay?

Pricing is decided on a case-by-case basis and is dependent on the typical factors: processing volume, industry type, previous processing history (if any), etc. We just can’t be any more specific before we’ve examined your paperwork.

That being said, a good history with your banks and / or previous check processors would surely work in your favor and may qualify you for lower processing rates, as well as for access to many of our advanced features.

How Fast Do You Get Your Money?

Once again, that would depend on your particular circumstances. In some cases, we offer same-day deposits to most of the big banks. If that is the case, but you do not have an account with one of our same-day deposit banks, the period from the receipt of the check details to the actual deposit of the funds into your bank account will be 1 – 5 bank days. All checks received before 10 am (Eastern Standard Time) Monday through Friday will be processed on the same day. All checks received after 10 am EST will be processed on the next banking day. All checks received on Friday after 10 am EST will be processed on Monday morning, which is considered Monday before 10 am EST.

For some high risk industries, payouts will be done on a weekly basis, with one week in arrears. In such cases, typically there is also a 10-percent reserve requirement for 180 days.

Get Started

Again, our high risk check processing solution, as all of our other offerings, is designed specifically for hard-to-place merchants. We invite you to give it a try and are certain that you will enjoy the experience of working with us. You are under no long-term contract, so, in the unlikely event that you are not completely satisfied with our service, you can walk out at anytime you want. We do want your business and will do our best to win it, but will not impose any restrictions on you. So contact us now and let’s get started!

What Our Customers Are Saying

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