Professional services
Credit Card Processing for Insurance Agencies
An insurance agency may collect a payment at the office, take a payment by phone or send a client to pay an invoice remotely. Some agencies also collect recurring premiums, depending on their arrangement. We look at how those payment channels are priced.
Credit card processing for insurance agencies starts with what you already pay. Send one recent statement and a person reads your merchant account for insurance agencies line by line. Free, with no obligation.
Short answer
Can an insurance agency get a merchant account?
Yes, most insurance agencies can. Approval depends on the processor reviewing the business, the owner and processing history; nobody can promise approval. Office terminals and phone payment tools can support authorized recurring premium collections. For a free review, send us one recent processing statement.
What businesses like yours need
What insurance agencies need from processing
- Recurring billing for authorized ongoing payments
- Phone payments entered by staff
- Remote invoice payments
- Counter payments at the agency
- Card on file for an authorized future payment
Products that fit
Setup that tends to fit
An integrated invoicing or recurring billing setup can fit an agency that collects ongoing payments remotely. A countertop terminal or virtual terminal can support office and phone payments.
Not sure what you have now? Your statement shows it. Compare common systems on our POS system comparison.
- Payment links and invoicingText or email a link or invoice your customer pays online.
- ACH and e-checksBank to bank payments for invoices, rent and larger tickets.
- Recurring billingMemberships, rent, retainers and autopay on a schedule.
- Virtual terminalTake card payments over the phone from any browser.
What to check on your statement
We check these and every other line during a merchant statement analysis. New to statements? Read how to read a merchant statement.
- Card-not-present rates on phone and remote payments
- Gateway fees connected to recurring billing or online payments
- Monthly minimums when payment activity varies by season
Send one insurance agency statement. We read every line and tell you what each fee is.
Send your statement for a free reviewInsurance agencies: common questions
Can an insurance agency qualify for a merchant account?
Most do. The processor decides approval based on the business, the owner and processing history. We help find a fit, but we cannot promise approval.
What should I send for the free statement review?
Send one recent monthly statement with every page. A PDF or clear photos are fine. Upload it on our contact page and we will review each fee line.
Can recurring payments be charged automatically?
Some setups support recurring billing after the customer authorizes it. Ask how failed payments and billing changes are handled.
Do phone payments price differently from office payments?
They can. A payment keyed in by staff is handled differently from a card tapped or dipped at the office, and the statement may show separate pricing.
Send one statement. We read every line, free.
Upload one recent statement from your insurance agency. A person reads every fee and explains it in plain English. Free, no obligation.