IOLTA-compliant payment processing built for legal practices. Get paid faster, reduce admin work, and give clients more ways to pay.
Payment Processing Is More Complicated for Law Firms
Every business needs reliable payment infrastructure. But law firms operate under a set of payment rules that most processors have never heard of, let alone built for.
The American Bar Association requires unearned client funds to be held in a trust account, typically an IOLTA account, completely separate from the firm's general operating account. Earned fees go elsewhere. Monthly processing fees have to be handled correctly too.
Get it wrong and you're not just dealing with a payment problem. You're dealing with a compliance problem.
We work with firms across every practice area including bankruptcy, corporate, criminal, family, real estate, tax, collections, entertainment, environmental, and intellectual property law.
IOLTA & Trust Account Compliance
Unearned client funds must go to a trust account. Earned fees go to your operating account. Processing fees need to be handled separately too. Most processors can't manage this cleanly. Payment Savvy handles multiple bank accounts within a single merchant account as standard.
Slow-Paying Clients
A slow-paying client doesn't just affect one invoice. It affects cash flow across the whole firm. The harder you make it to pay, the longer you wait. Multiple payment options and self-service billing remove the friction that leads to delayed payments.
Payments Restricted to Business Hours
Clients don't always want to pay during office hours. A phone payment system that requires a member of staff to pick up means payments get delayed until someone gets around to it. Self-service and automated options collect payments around the clock.
Manual Admin Taking Up Fee-Earning Time
Every hour your team spends chasing invoices, entering payment data, and reconciling accounts is an hour not spent on billable work. Integrated, automated payment processing reduces that administrative burden.
Payment Solutions for Law Firms
Flexible payment tools built around how legal practices collect.
Credit and Debit Card Processing
Accept all major card brands including Visa, Mastercard, American Express, and Discover. Fast processing, competitive rates, and full transaction records for your accounts team.
ACH Payment Processing
Collect client payments directly from bank accounts. Lower transaction costs than card processing and a practical option for larger retainer payments and recurring billing arrangements.
IVR Payment Processing
Clients can call in and pay by phone at any time using automated voice prompts, no staff involvement required. Payments collected outside business hours without adding to your team's workload.
Recurring Billing
Automate retainer collections and scheduled payment plans. Once configured, billing runs on the agreed cycle without your team having to follow up manually each time.
Convenience Fee Program
Pass card processing costs to clients where your state bar rules permit, keeping your firm's processing costs at or near zero. Our convenience fee platform is built to work within the professional conduct requirements that govern legal billing.
Chargeback Prevention
Active dispute monitoring and management to protect your firm from chargeback exposure. When a client disputes a payment, our team handles documentation and resolution from start to finish.
Why Law Firms Choose Payment Savvy
IOLTA-Compliant by Design
Our platform manages multiple bank accounts within a single merchant account. Trust account payments and disbursements, earned fees, and processing costs are all handled correctly and separately. For most processors this is a significant technical challenge. For Payment Savvy it's standard.
Next Day Funding
Payments processed today fund to your account the next business day. For firms managing cash flow across multiple matters, faster access to collected funds makes a real operational difference.
Full Software Integration
Our platform integrates with legal and accounting software to reduce manual data entry, eliminate duplicate records, and keep your accounts receivable process running cleanly. Less human error, less admin time.
Tokenized and Encrypted Payments
Every transaction runs through a fully tokenized and encrypted gateway. Client payment data is protected throughout, and your firm stays PCI DSS Level 1 compliant without having to manage the security infrastructure yourself.
Fee-Free Payment Options
Our convenience fee program allows eligible firms to accept card payments with the processing cost passed to the client, keeping net revenue on every transaction intact.
Self-Service Payment Options
Clients can pay online, by phone, or by text at any time. The more ways you give them to pay, and the fewer restrictions you put on when they can do it, the faster invoices get settled.
How It Works
Initial Consultation
We start by understanding your firm's payment setup, the practice areas you cover, and the compliance requirements specific to your state bar. Trust account handling and IOLTA rules vary and we account for that from the beginning.
Customized Account Setup
Our team configures your payment channels, trust account routing, and software integrations before go-live. Every element is set up to meet the ABA and IOLTA requirements your firm operates under.
Start Processing Payments
Your firm goes live with a compliant, multi-channel payment system. Clients pay how they prefer. Funds route to the right accounts automatically. And your team spends less time on payment admin and more time on billable work.
Trusted by Legal Professionals
"Switching to ACH processing saved us thousands in transaction fees. The integration was seamless, and our cash flow improved significantly with faster settlements."
PCI-DSS
Level 1
NACHA
Certified
IOLTA
Compliant
Ready to Modernize Your Law Firm's Payment Processing?
Slow payments and manual billing admin cost your firm time and money. Payment Savvy builds legal payment solutions that collect faster, stay compliant, and free your team to focus on what they bill for.
✓ No setup fees ✓ Fast approval ✓ 24/7 support
Frequently Asked Questions
Other Industries We Serve
Payment Savvy works across a wide range of industries where payment complexity or compliance requirements create challenges that standard processors aren't built to handle.