Payment Processor

VP Compliance Services’ Compliance Certified Vender program is an extensive review and audit of a Payment Processor’s policies, procedures, training, background and more. A Compliance Certified Payment Processor is a Payment Processor a lender can trust when looking to consummate a relationship with a Payment Processor.

VPCS will display all Certified Payment Processor’s audit and review results. Interested parties may reach the Payment Processor’s certification page by clicking the VPCS Certified Vendor logo on the Payment Processor’s website.

VPCS’ Vendor Certification program is not recommended to replace a lender’s own vendor review program. It may be used to help select a new Payment Processor a lender will select for consideration.

For more information on VPCS’ Vendor Certification program please contact William “Rick” Wittwer at wrw@vpcs.biz.

Payment Processor
Certifications & Accreditations	Description
Online Lenders (OLA) Accreditation	Certification
ISO	Certitication
SAS70	Certitication
NACHA	Certitication
Company Background Check	Comments
Liens, Actions, Fines, Investigations	Lexus Nexus Company Background Check
CFPB, FTC, & State AGs	Regulator Check
Licensing, Registrations, Bonds, and Insurance	Comments
State Licenses and Bonds	Review
E&O Insurance	Coverage Levels
Contract Review	Comments
Client Processing Agreement	Review of key elements of the agreements
ODFI Agreement (if TPPP)	Review of key elements of the agreements
Polices and Procedures	Comments
Fair Lending

For more information on how our services can benefit your organization contact us at (877) 350-9933 X2 or sales@vpcs.biz