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 X5 or wrw@vpcs.biz