Industries
LAW FIRM MERCHANT ACCOUNT
The law firm industry has been experiencing growth over the past five years and is estimated to reach $403.9 billion in 2024. With this kind of capital available, law firms need to set themselves up in a position to take advantage of growth and income. However, law firms often find it difficult to set up merchant accounts and accept payments. At Zen Payments, we specialize in helping law firms set up merchant accounts and payment processing so you accept credit card payments, all while remaining compliant with local laws and regulations. We understand the unique challenges and risks inherent in the industry and will help you through every step of the process.
WHY YOU NEED A HIGH-RISK MERCHANT
ACCOUNT AS A LAW FIRM
Law firms rely on multiple payment methods to accept payments from their clients. Without the ability to accept credit cards, online checks, and other virtual payments, their clients would have a difficult time paying a law firm for its services. Law firms also need to earn their clients' trust during what is often a difficult experience for the client. When accepting credit cards is simple for the law firm, clients feel a sense of relief.
WHY ARE LAW FIRMS CONSIDERED
HIGH-RISK MERCHANTS?
Law firms are unique when it comes to merchant accounts and payment processing because they must comply with ABA and their state bar when setting up billing to accept multiple payment methods. They also may work with clients who are labeled high-risk merchants. Payment processors are understandably wary about a business that accepts payments from risky clients, and this may reflect in their willingness to set up a merchant account for a law firm.
CHOOSE A PROCESSOR THAT CAN
HANDLE LARGE TICKET SALES
Law firms also often accept credit card payments and other online payments larger than $3,000, which is considered a large ticket sale. On top of these reasons, law firms may also see a high rate of chargebacks, something that is considered risky for traditional payment processors.
The last reason a law firm may be qualified as high-risk is if they've engaged in shady business practices previously. Most won't fall under this category, but it can be a reason lawyers and law firms have a hard time finding merchant account managers.
SET UP A LAW FIRM CREDIT CARD
PROCESSING AND A SECURE PAYMENT GATEWAY
At Zen Payments, we will customize solutions for your business. We work with law offices regularly and can put together the perfect plan based on your clients and transaction volume. We understand that you need to work with multiple credit card processors and other types of online payments. We also know that you need to keep monthly fees and transaction costs low.
With Zen Payments, you can start accepting payments within a week while feeling confident in your payment processor.
REDUCED CHARGEBACK
LIABILITY
Our POS systems are designed to help you reduce chargebacks and protect your business. They provide the tools to prevent fraud and avoid situations where transactions are approved without sufficient funds in the buyer's account. Plus, you'll have the necessary information at your fingertips to effectively dispute any chargebacks that do occur.
OTHER REASONS ZEN PAYMENTS IS THE TOP
LAW FIRM MERCHANT ACCOUNT PROVIDER
Examples of the additional benefits of choosing the law firm merchant services from Zen Payments include:
Increased potential for approval
Most other payment processing firms work with only one or two banking partners. We partner with over 15 leading financial institutions willing to work with law firms. That's the main reason we can claim a 98% approval rate!
Several ways to receive payment
A law firm payment gateway through Zen Payments allows you to accept card transactions from all major credit cards, including Visa, Discover, MasterCard and American Express. You can also take PIN-Debit, gift cards, EBT, e-check, and more.
Transparent pricing
With our merchant account services, transparency is key. You can count on straightforward pricing with no hidden fees or unexpected charges on your billing statement. We provide an itemized list so you know exactly what you're paying for, including transaction fees and processing fees.
Maximum security
Every business that processes credit card transactions needs to comply with the Payment Card Industry Data Security Standard (PCI-DSS) to protect customer data. With a law firm merchant account from Zen Payments, you can rest assured that our services meet these strict requirements, providing you with added peace of mind.
WHY CHOOSE ZEN PAYMENTS FOR YOUR MERCHANT ACCOUNT
AND CREDIT CARD PROCESSING NEEDS?
At Zen Payments, we have years of experience setting up merchant accounts and credit card processing for legal services and other high-risk businesses. We work with large firms as well as solo and small firms and will create a custom plan for your specific needs.
Need a merchant
Account?
If you're seeking a payment processing platform that can positively impact your business, Zen Payments is here to assist. Get started today by contacting us online or calling our merchant services specialists at 844-661-0725. We'll get you approved quickly so you can accept online donations within a couple of days.
Apply Now
sales@zenpayments.com
(877)-511-3402
