The stigma surrounding payday loan entities often leads to instant disqualification when it comes to receiving merchant services. At Payment Savvy, we are payday loan processing experts and have personalized our Savvy Suite of products and services to cater to these business types directly. We offer a custom built and All-in-Done merchant service solution – if you need a credit card, debit card, or ACH payment portal, we have a proven, compliant and secure payment service to meet your organizational needs. Whether offering business loans, cash advances, check cashing, personal loans, title loans or short-term unsecured loans, our team of experts will provide you with an innovative merchant solution.

The payday lenders are considered high-risk and not typically supported by traditional banks for payment processing. As trying as this can be, primarily if your business is established and reputable, there are a few common characteristics that define a high-risk venture:

  • Servicing customers prone to fraud or returns
  • Negative perception of the industry as a whole
  • Relatively high chargeback rate (over 1%)
  • High traffic with large ticket sales
  • Highly regulated industry

Payment Savvy is a pioneering leader with over a decade of experience in providing advanced payment solutions for our payday loan clients. Due to our high level of expertise and excellent relationships built over time – both nationally and internationally – Payment Savvy is in a pivotal position to accept payday loan merchants. Along with our innovative technology and custom solutions, our standings within the payday loan merchant solution industry allows us to place these businesses for the foreseeable future. When you partner with Payment Savvy, your company is adding a trusted payment partner that has your back.



We understand the perils involved with risky business models. We also are aware of the complications your company faces by not being able to accept electronic payments and recognize the struggles of not being able to find a reputable merchant service provider that is on board with your business goals.

While many providers take advantage of your situation and know your options are limited when it comes to obtaining a merchant account, Payment Savvy avoids swindling tactics and unreasonably hiked up rates. We believe in your potential to succeed and are proud to offer fully integrated and custom-tailored merchant solutions for your company.

Payment Savvy is uniquely positioned to provide a wide range of payment processing services that allow your business to run efficiently:

  • Speedy, efficient and secure credit card, debit card and ACH payment processing
  • Knowledgeable support team available to address your concerns 24/7/365 via phone or email
  • Proven track record of approving payday loan institutions
  • Advanced chargeback protection programs
  • No contract terms or cancellation fees
  • Secure and compliant payment gateways


From creating a tailored payment acceptance model to producing your payment processing merchant account, Payment Savvy is always here to help you stay ahead of the curve with pioneering payment solutions ideally suited for your payday loan business.

Making sure you receive money in a fast, secure and streamlined manner is our #1 job. Let us help you simplify your payday loan payment acceptance while boosting productivity and increasing revenue. When your business gets paid, life is perfect! Reach out to Payment Savvy today to speak with a knowledgeable team member and start taking control of your payment processing. We look forward to a long and productive relationship!