Real Estate Merchant Account
Partner with KlykPay—a real estate merchant account provider equipped to navigate the complex, high-risk landscape of the housing market with secure, reliable payment solutions.
What Is a Real Estate Merchant Account?
To accept payments for your real estate business, you’ll need both a merchant account and access to a reliable payment gateway. In real estate, a merchant account serves as a specialized business bank account that enables you to process a variety of customer payments while handling associated processing fees. This is essential for realtors, title companies, investment firms, property management companies, agents, and brokers alike.
While real estate transactions have traditionally relied on bank transfers, checks, or cash, today’s payment landscape has expanded to include online, over-the-phone, and in-person options. Mobile apps, NFC contactless payments, virtual terminals, and online shopping carts all play a role in modern real estate payment processing.
At KlykPay, we offer a complete suite of payment solutions tailored specifically for the real estate industry. Whether you need to process payments online, by phone, or in person, our flexible services are designed to meet your business’s unique needs. Get started by opening a merchant account with KlykPay and begin accepting customer payments as early as tomorrow!
Real Estate Merchant Account FAQ's
Find answers to commonly asked questions about our products and services. Contact us for further questions.
Types of Real Estate Businesses We Support
Why Is the Real Estate Industry Considered High Risk?
The real estate industry is often classified as high risk by financial institutions, payment processors, and regulators due to the legal complexities and the heightened potential for fraud and identity theft. This risk classification makes it challenging for real estate businesses to obtain merchant accounts through traditional providers.
Additionally, real estate businesses face various liabilities, including licensing requirements, tax issues, audits, and penalties. Even after successfully opening a merchant account, businesses may still encounter sudden account closures or elevated processing fees that impact profitability.
This high-risk label doesn’t just affect payment processing—it can influence access to loans, insurance, and other services. That’s why it’s essential to work with a payment processor like KlykPay that understands these challenges and can help your business stay secure and operational.