ravel Industries can accept credit cards online, or over the phone. Regardless of the payment method chosen, securing a merchant account as a travel industry merchant means locating a credit card processor that can explicitly support your business type.
It won’t do you any good to manipulate with the details to try to get a Travel Industry Merchant account with a processor that doesn’t support travel businesses. At some point, the processor will catch on and shut down your account. Choose a processor who accepts TRAVEL INDUSTRY merchant as one of its verticals, from the start.
The concept of travel is about as timeless as humanity is old. It has always existed. Needless to say, with the growth of civilizations, the concept of travel became interwoven with society and the economy at large. The word travel, in terms of the industry, has developed into an extremely broad and complex one. The network of businesses, agencies, and services that are associated with the travel industry are virtually endless. If you were to ask the average person what the travel industry consists of to them, you would likely receive answers like a travel agent, cruise line and resort. These answers are completely correct, but only the tip of the iceberg. The support industries that make traveling possible can boil down to almost everything in some way or another. Bus and plane industries move travelers, hotels host them, restaurants feed them and stores support their purchasing needs. The industry supports an absolutely massive portion of the world economy. Your travel business needs to stay competitive. Utilizing the best tools in the industry is how you do that.
Are you tired of dealing with banks that say “No” to your travel business? Work with a company that says “Yes” and appreciates hard-working small business just trying to deliver great products and services to their clients. Specializing in helping companies like yours take credit cards from your customers. Our goal is to help manage every facet of your travel merchant account, and payment processing needs so that you don’t ever have to worry about it. Because our experienced expert team is taking care of your business like it was our own. Imagine having the freedom to purely focus on the most important aspects of your business, and not being weighed down by your E-Commerce trivialities. This is the peace of mind we provide.
When most people think of “high risk” credit card processing, they think of gambling, firearms, tobacco, and similar industries. But travel agencies also typically fall under “high risk.”. One reason for that is the higher-than-average chargeback rates. Not to worry. Even as a high-risk business, it’s still possible to secure a merchant account to accept credit cards. Here’s what you need to know as an agency, tour operator, cruise business, or other travel company. Primarily, chargebacks. Travel is a business where your customers pay in advance for a service that happens in the future. (Sometimes well into the future – months down the road.). Unfortunately, life gets in the way, and a customer may decide to cancel a trip. But you’ve already put work into booking the trip and setting an itinerary; that’s why you require deposits or impose a no-refunds policy. Disgruntled customers will often skirt that, filing a chargeback with their card company. Travel Agent Merchant Accounts. Travel agencies can accept credit cards online, in person, or over the phone. You can also combine methods if you’d like. Customers could pay a deposit in person and then pay their final balance online prior to their trip. Regardless of the payment method, you choose, securing a merchant account as a travel agent means locating a credit card processor that can explicitly support your business type. It won’t do you any good to fudge the details to try to get an account with a processor that doesn’t support travel businesses. At some point, the processor will catch on and shut down your account. Save yourself the headaches and choose a travel-friendly merchant processor from the start.
The accompanying list incorporates only a couple of the numerous organizations in the travel industry iPayToTal.com gives merchant account services to: