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 Industry Payment ProcessingMore than 50% of all travel reservations are now made online. Travel and hospitality is the world's largest industry. The World Travel and Tourism Council predicts sales revenues in excess of US$15 trillion by 2017.All types of travel merchants need processing..
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..
United Airlines has terminated some travel agents’ right to process credit card transactions through United Air Lines merchant accounts. For travel agents selling United Airline tickets, the termination is a shockwave which will drive down profits and threaten business operations.The termination..