DirectPayNet is a merchant account provider specializing in payment solutions for high-risk businesses. It focuses on clients rejected by traditional banks and payment providers. The company’s services include ACH payment processing, recurring billing, and fraud prevention. The company also specializes in regulations and legal requirements in different territories. It uses this knowledge to help businesses operate in new markets. It covers transactions from the US, Europe, Canada, and offshore jurisdictions. Here is an in-depth review of DirectPayNet’s services, rates, and credentials.
DirectPayNet considers itself an expert in high-risk merchant accounts. It provides payment solutions for businesses in need of high-risk payment processing. As seen on its website, the company aims to address their business needs with these goals in mind:
It guarantees a fast and hassle-free application through its website. Businesses can submit the following information to schedule a call with their agents.
Below is a list of services offered by DirectPayNet.
Credit card and debit card payment processing : DirectPayNet’s merchant account services include credit and debit card transactions. Merchants can accept and process the following payment methods:
ACH and check payment processing : It also helps merchants accept ACH and check payments. Normally, payments go through banks, credit card issuers, and payments processors. This slows down fund transfers. With ACH payments, merchants can enjoy bank-to-bank transactions through the ACH network. This improved speed also applies to check payments. This method ensures fast fund transfers from customers to merchants.
Mail order/telephone order (MOTO) : DirectPayNet is also capable of accepting mail and telephone orders. It helps merchants process these payments efficiently. It starts with encoding the customer’s credit card information into the merchant portal. The company’s system will then proceed to payment processing.
Recurring billing : The company also provides recurring payment collections for merchants. This is a customizable payment scheme for businesses offering subscriptions. Merchants can automatically charge customers based on a fixed schedule.
Offshore merchant accounts : Another service offered by DirectPayNet is offshore merchant accounts. The company is up-to-date on regulations and legalities in different jurisdictions. With this knowledge, it helps businesses open up shop in other territories. They can attract more customers and transact with ease.
Risk mitigation solutions : DirectPayNet provides merchants with solutions to manage risk and maximize profit. These include:
Consulting services : The company takes pride in helping merchants with other vital business aspects. It offers consulting services for the following business needs:
Reliable support : Merchants can also rely on the company’s technical support and reliable service. They have access to the company’s agents any time they need it. That way, merchants can focus on growing their businesses.
DirectPayNet customizes its rates depending on the merchant. It will understand your business needs before proposing a payment structure. The company works with acquiring banks and ACH providers to ensure competitive rates. For added convenience, the company offers a free price analysis for interested businesses. This will allow merchants to see how they can profit through the company’s services. The analysis includes a comparison of rates versus their existing provider.
Below is a list of high-risk merchant accounts offered by DirectPayNet. Its website provides a detailed description of the ways it can help each industry.
DirectPayNet’s lean team is made up of industry experts and professionals with years of experience. It sees this as an advantage in crafting the best payment solutions for businesses. Apart from credentials on its website, it does not have independent reviews.
DirectPayNet offers specialized payment processing services for high-risk merchants. It also offers solutions for merchants looking to expand to new markets. Although it is a small company, its members are experts in the field. This helps them take a professional approach with merchants. The company continues to be hands-on in meeting a variety of unique business needs.