[Terms of Service] [Privacy Policy]
Effective Date: February 19, 2026
Welcome to Socorro Payments LLC (“Socorro,” “we,” “us,” or “our”). By accessing our website (https://www.google.com/search?q=socorropayments.com) and using our web forms or services, you agree to be bound by the following Terms of Service.
1. Independent Sales Agent Status
Socorro Payments LLC is an Independent Sales Agent of First Direct Financial, LLC. We provide consulting and referral services to connect merchants with payment processing solutions. Socorro is not a bank or a direct processor. All merchant processing agreements are between the merchant, First Direct Financial, and the respective acquiring bank.
2. Use of Website and Web Forms
Our website and all linked web forms are intended for business owners seeking merchant services. You agree to provide accurate, current, and complete information. Any fraudulent or misleading information submitted may result in the immediate termination of your application and potential reporting to industry credit databases.
3. Application Submission and Underwriting
By submitting a pre-application or inquiry, you authorize Socorro Payments LLC to share your information with our partners, including First Direct Financial and its affiliated processors (such as TSYS, Elavon, FiServ, Worldpay, or Greenlight), for the purpose of underwriting, credit checks, and account approval.
4. Intellectual Property
All content on this site, including the "Radically Honest" branding, 10 & 10 pricing model descriptions, Near-Zero pricing model descriptions, and Underwriting Academy materials, is the property of Socorro Payments LLC and protected by copyright laws.
5. Limitation of Liability
Socorro Payments LLC provides information on an "as-is" basis. While we strive for "Radically Honest" transparency, we are not liable for any errors in third-party processing statements, hardware malfunctions from manufacturers, or changes in bank underwriting guidelines.
Last Updated: February 18, 2026
Socorro Payments LLC ("we," "us," or "our") operates with a commitment to Radical Honesty. This policy explains how we collect and protect your data through our partnership with First Direct Financial, LLC.
Socorro Payments LLC is a registered Independent Sales Agent of First Direct Financial, LLC. All merchant applications and sensitive documents submitted through this site and any linked web form are processed via the secure NMI Merchant Central (formerly IRIS CRM) infrastructure provided by First Direct Financial. As a sub-agent, we utilize these enterprise-grade systems to ensure your data is handled with the highest level of professional oversight.
To facilitate merchant account underwriting and comply with federal "Know Your Customer" (KYC) regulations, we collect:
Your sensitive information is never stored on our local web servers. It is housed within the Merchant Central vault, which maintains PCI-DSS Level 1 Compliance. All data is protected by AES 256-bit encryption during transit and at rest, meeting the same security standards used by major global financial institutions.
We do not sell or rent your data to third-party marketers. Information is only shared with parties essential to your account's lifecycle:
We and our partners utilize your data exclusively for the administration of your merchant account. Your private information will never be used for third-party solicitations or marketing.
By submitting your information via our web forms, you consent to being contacted by Socorro Payments LLC via phone, email, or SMS regarding your request. You may opt-out of communication at any time.
For questions regarding this policy, please contact us at: support@socorropayments.com
