(801)-742-1530 - questions@mymonify.com

LegalPay With Monify

Stay Compliant and Up to Date

LEGAL SERVICES PAYMENT TECHNOLOGY

LegalPay with Monify offers specific payment technology for companies providing legal services. Our program seamlessly separates earned and unearned fees protect your IOLTA account and makes it easier for your clients to pay their legal fees on time. LegalPay maintains the highest PCI data security standards, helping your firm perform at a more efficient level. If you’re looking for a payment system tailored to your business needs, contact Monify today.

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LEGALPAY WITH MONIFY

Stay Compliant and Up to Date

  • ABA and IOLTA Compliant. No debits allowed from your trust account.
  • PCI Compliant. Let us safely store your clients’ payment information.
  • Online Dashboard and Reporting Tools
  • Daily Reports. There are 20 to choose from!

Receiving Payment

  • Hosted Payment Page. Add a payment page to your website.
  • Virtual Terminal. Receive and input payments through your account on LegalPay’s website.
  • Recurring Payments. Set up an automatic draft schedule with your client.
  • Payment Link. Attach a link to your invoices for clients to pay you quickly and from any device.

A SIMPLER SYSTEM

LegalPay offers a faster, more convenient invoicing system for your firm and clients. Simply post your invoices and let LegalPay’s invoice manager take care of the rest.

  • Compatibility. Share invoice data from nearly any system with an API or uploaded file.
  • Safety. PCI compliance built into LegalPay’s gateway.
  • Customization. Use your logo and edit content for easy branding.
  • Registration. Easily enroll customers into Invoice Manager.
  • Save Clients’ Payment Methods. Clients can control their payment information, too.
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A SIMPLER SYSTEM

LegalPay offers a faster, more convenient invoicing system for your firm and clients. Simply post your invoices and let LegalPay’s invoice manager take care of the rest.

  • Compatibility. Share invoice data from nearly any system with an API or uploaded file.
  • Safety. PCI compliance built into LegalPay’s gateway.
  • Customization. Use your logo and edit content for easy branding.
  • Registration. Easily enroll customers into Invoice Manager.
  • Save Clients’ Payment Methods. Clients can control their payment information, too.
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WHY LEGALPAY

  • Get funding in as fast as 12 hours
  • ABA and IOLTA compliant. Automatically split funds into operating and trust accounts.
  • Onsite training
  • 24/7 customer support
  • Multiple payment methods
  • Start accepting payment through your website
  • Lower your processing fees. LegalPay has successfully reduced customers’ processing fees by 10-40% or more.

Additional Features Included With A LegalPay Account

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Advanced Reporting

You can view your batched transaction, online statements, chargebacks and retrieval data all in one safe and secure online environment. Your entire merchant business is just a click away. Learn more about this payment solution today.

Features

  • Reporting and customer service
  • Deposit summary and detail
  • 18 months of payment history
  • Batch summary
  • Transaction detail
  • Chargeback and retrieval disposition
  • Online statements
  • Near real-time authorization data
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LegalPay Security

LegalPay Security is a data security solution with layers of encryption. What that means for you is a comprehensive, easy, reliable, and cost-effective way to help protect your clients’ data against fraud or a potential data breach. You can also secure payment card data by removing it from your environment, then access it when you need it.

With LegalPay Security, you’ll process payments securely and stay Payment Card Industry (PCI) compliant.

LegalPay Security includes:

  • Card data encryption and tokenization
  • Easy PCI compliance
  • Expert support
  • Data protection
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Commercial Card Interchange Service

*Only Available with Cost Plus Pricing

On average, 10% of gross Visa and MasterCard sales are on commercial cards, which can have a higher interchange rate than standard cards. This average is most likely higher with law firms. Would you like a way to get a discount on payment systems with Monify?

With Cost Plus Pricing, you qualify for our commercial card interchange service where we will automatically collect sales tax information needed for commercial card transactions to qualify for less expensive interchange categories. All of this equals a discount on the interchange for you with zero effort. Contact us today to learn more.

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Chargeback Manager

Chargeback Manager is an easier way to manage sales disputes while helping to reduce risk and prevent fraud. Our tool includes links to the most heavily utilized functions, so your law firm minimize effort formerly spent sorting through piles of paper documentation.

Chargeback Manager will provide your law firm with the ability to:

  • Manage and respond to chargebacks and retrievals electronically
  • Easily view information on the original transaction and match that to a dispute
  • Track cases through the chargeback lifecycle
  • Meet compliance timelines
  • Reduce in training time and cost
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PCI Compliance Solution

LegalPay’s PCI Compliance solution is an online application designed by PCI security experts specifically for law firms. And it turns PCI DSS jargon into clear language, with expert help to guide you through the Payment Card Industry Security Assessment Questionnaire.

Here’s what you get with the PCI Compliance Solution:

  • Help choosing the right Security Assessment Questionnaire
  • Many pre-populated answers
  • Automatic vulnerability integrated scanning
  • A step-by-step online application
  • 24/7 access
  • Hands-on support via chat, email or phone
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$250,000 Cyber Liability Policy

LegalPay’s Cyber Liability program protects law firms from the cost of an actual or suspected violation of a privacy regulation due to a security breach. The organization will have $250,000 of coverage for the following:

  • Regulatory fines and penalties (including PCI DSS - the standards businesses are required to follow if it accepts payments via credit card)
  • Defense and settlement or judgement
  • Forensic costs to investigate a suspected or actual breach
  • Crisis management
  • Fraud prevention expenses
  • Notification costs
  • Credit monitoring services
  • Call center
  • Public relations
  • Associated legal expenses

$100,000 E-Theft Endorsement Includes: Adds coverage for the theft of money, securities, or other property of value resulting from a breach and transferred to a person, place, or account beyond your control.

Note: All claims must be reported to the insurance carrier within 60 days of first knowledge of the actual or suspected breach; please refer to the actual policy for complete terms, conditions, and exclusions. The policy sublimits the following to $10,000 each: ransomware, telecommunications theft, and social engineering fraud.

24/7 Breach Hotline available as your personal, on-call expert. In the event that you have a breach, the hotline will:

  • Help the firm determine if it has had a breach,
  • Helping the firm contain the breach, and
  • Advise the business on the appropriate next steps to re-mediate the breach.

Our experienced cyber-security professionals will provide actionable information and guidance from the moment a business realizes it's been breached until the moment it's resolved.

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MONIFY IS A FULL SERVICE PAYMENT SOLUTIONS PROVIDER.

We facilitate electronic payment processing for Visa, MasterCard, American Express, Diners Club, JCB, EBT, debit cards, ACH, e-checks, and gift & loyalty cards. We also specialize in industry-specific payment methods like Fuelman, GASCARD, Voyager, Wright Express and TCH.

NEXT DAY FUNDING

Processed funds are available within 24 hours. While other companies may hold onto your funds for up to three days, Monify Merchant Solutions offers the swiftest funding possible.

*Processed funds for petroleum customers are available within 48 hours.

ONLINE REPORTING

Our online account portal, provides dynamic reporting and rich analytics to help you quickly and easily navigate through your account activity, giving you access to every transaction, refund, retrieval, chargeback and deposit.

LOCAL SUPPORT AND SERVICE

Knowledgeable U.S.-based customer support experts are available 24 hours a day, 365 days a year to make sure that service interruptions are quickly identified and resolved. One-on-one training is also available to ensure that your staff has the information they need to be successful.

INDUSTRY EXPERTISE

With our background in the wholesale and convenience retailing industries, Monify can quickly determine the right processing solution for your business. Whatever your retail needs, we’ll match you with the equipment needed to exceed the rigors of your operation.

MONTHLY
$20/MO

Processing Rates | 1.95% + 20¢

Specialty Cards: 2.95% + 20¢
This includes all American Express and other reward, corporate and international cards.

0% eCheck + $2/transaction option included

Card brand network fees may apply

CUSTOM PRICING AVAILABLE

CARD BRAND PASS-THROUGH FEES

These fees do NOT apply to every transaction. This is simply a list of possible fees that some cards may create

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Visa Fees

PER TRANSACTION

Acquirer Processing Fee: $0.0195
Misuse of Authorization Fee: $0.09
International Acquiring Fee (IAF): 0.45%
International Sale Assessment Fee: 0.80%

PER MONTH

Fixed Acquirer Network Fee (FANF):  $2.00

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Mastercard Fees

PER TRANSACTION

NABU (Network Access and Brand Usage): $0.0195
Acquirer Program Support Fee: 0.85%
Cross Border (trans amt in USD): 0.60%

PER MONTH

Location Fee: $1.25

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American Express Fees

PER TRANSACTION

Amex Network Processing:  .15%
Amex Card Not Present: .30%
International Inbound: .40%

CONTACT US FOR YOUR FREE CONSULTATION

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