TRAVEL MERCHANT ACCOUNTS

Why do travel sites require a special type of Merchant Account?

Travel sites selling airline tickets or vacation packages have hard time to acquire online credit card processing. Many main stream merchant account providers will not permit any travel merchant to use their accounts-even if they permit other high risk merchants like tobacco or pharmaceutical, casino poker sites. The online travel merchant site business model can be very profitable in good economic times but a disaster waiting to happen when the economy is not booming .For example we all experienced what happen to the travel business when the price of barrel of oil was well over $100 per barrel during most of 2008 and many airlines and tour companies went bankrupt. This why travel sites find it hard to open a merchant account and process their online sales.

If travel sites do manage to set up a payment solution the nature of the business means the processing will be listed under a high risk merchant accounts category at any processing provider.

Why does HighRiskmerchantAccountsco.uk provide their Travel merchants?

We have been supplying travel merchant accounts since 2004 and we only represent Class A bank in America, UK, Europe and Asia so we can offer a very sold processing solution to the travel industry.

Our underwriting department will access the credit risk of the travel site applying for one of our high risk merchant accounts and will provide the right solution for the merchant provided the merchant is not too high a credit risk. If the travel company can not pass our credit requirements from our underwriting department for direct merchant account we will provide the travel site with a 3rd party merchant account.

Due to the nature of the travel business we can not offer our famous 100% merchant approval guarantee…that said we can normally arrange for a quality processing solution as long as the site’s content is within the approval guide lines of our world wide network of banks and the applying site or the directors of the travel site are not listed on the Visa and MasterCard hot list of merchants of negative merchants that are not to be trusted.

To Apply for one of our Travel Merchant Accounts click here