If you’ve been in the travel industry for some time or have ever applied for a travel merchant account, you’ve probably discovered that major banks and payment processors don’t work with “high-risk” travel merchant accounts. It can be frustrating and downright discouraging to be turned..
Travel merchants need to accept payments from customers throughout the world. Secure payment processing is vital to the success of your travel business.Strong Growth for International TravelThe travel industry is booming and it’s getting younger. According to the Boston Consulting Group,..
Travel Classified as High Risk MerchantsTravel and hospitality are among the world’s largest industries. Over 50% of all travel reservations are now made online and that number is increasing daily. The World Travel and Tourism Council (WTTC), predicts travel revenues will exceed $15 trillion..
Key to Success is Finding the Right Acquiring BankOnline travel businesses are classified as high risk merchant accounts. Still, travel merchant accounts readily available with favorable rates. The key to establishing a travel merchant account with attractive terms is to determine which..