Get approved in as little as 24 hours. No setup fees, no hidden costs.
Get Started FreeHigh-Risk Industries · Document Preparation
High-risk placement is the only thing we do, and we know which banking partners say yes to this industry. Every fee is disclosed in the merchant service agreement before you sign.
Be approval-ready
Have these ready before you apply
Your terms, before you sign
24 hrs
Most merchants are approved within 24 hours, though timelines vary with your documentation and risk profile.
20+
Banking partners, so your business is matched with a bank that understands the industry.
0.80%
Pricing starts at interchange plus 0.80%, with every fee disclosed in the merchant service agreement before you sign.
Get started
If a previous processor declined you or closed your account, send us your statements. We place merchants other processors find hard to place, and we will tell you plainly whether we can place yours.
Most merchants are approved within 24 hours.
Getting set up
The basics of your business, its ownership, and your expected monthly processing volume.
A valid government-issued ID, such as a driver's license or passport, for each owner listed on the application.
Articles of incorporation, business licenses, or other registration paperwork that shows the business is real and operating legally.
Statements from your business bank account verify your revenue and cash flow for underwriting.
Not required to apply, but statements from a previous provider are one of the factors underwriters weigh when setting your rates.
Getting paid
Document preparation payments are almost entirely card-not-present: clients pay through your website or over the phone rather than in person. Every account includes:
For multi-document engagements — a business formation package or a series of court filings — recurring and installment billing lets clients spread payments across the life of the project.
Whether you serve clients locally or are operating as an online merchant nationwide, those payments stay card-not-present. We specialize in placing high-risk businesses, matching yours with a banking partner that understands the industry instead of treating it as a liability.
Risk profile
Card-not-present payments carry a higher rate of disputes and fraud, and when a client is unhappy with a prepared document or the outcome it supported, chargebacks follow. Those two factors put document preparation on the list of which businesses banks consider high-risk, alongside the other high-risk processing industries mainstream processors avoid.
The real risk is not the label — it is being onboarded by a mainstream processor that freezes funds or closes the account once the first chargebacks appear. Pairing your gateway with a high-risk merchant account underwritten for the category from day one helps keep payments flowing without sudden holds.
Student loan doc prep is the most compliance-sensitive subtype we place, and underwriters review it more closely than general document preparation. We approve student loan document preparation companies by matching each application with a banking partner that already understands the vertical; our 20+ banking partners are what make that match possible.
A strong file for this subtype means clear service descriptions that state exactly what the client is paying for, written engagement terms, and complete documentation. Approval depends on your documentation and risk profile, and we will tell you where your file stands the same day we review it.
What we underwrite
Document preparation overlaps with other document-heavy verticals we serve. If your business touches credit repair or debt relief, see our credit repair merchant account and debt consolidation merchant account pages.
What's included
Pricing
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The difference
Built for the businesses other processors turn away.
FAQ
Straight answers on approval, required documents, pricing, and chargebacks
See how PayKings supports adjacent verticals and the payment solutions that pair with them.
