A merchant account is essential for travel businesses. However, if you run a travel agency, booking site, or lodging company, you know how difficult it can be to get approved for a travel agency merchant account.
That’s where we come in. We’ll get a high-risk merchant account set up for your company so you can start accepting credit card payments. These specialized payment processing accounts are designed for merchants classified in high-risk categories, providing the necessary solutions for online credit card processing in the travel industry
Travel Businesses
Crazy Merchants has years of experience working with merchants in travel and other high-risk industries. Along the way, we’ve partnered with over 20 financial institutions. When you choose us for payment processing and merchant accounts, we can find the perfect financial partner for you.
If you run a business in the travel industry, let us help you set up high-risk merchant accounts and other merchant services.
Merchants in the travel industry face potential issues that cause payment processors and merchant services providers to label them as high-risk. Travel agencies, cruise companies, timeshare merchants, tour operators, and others in the travel industry accept a majority of payments well in advance of the delivery of the service. Most transactions are also made online or over the phone. These two factors lead to issues that payment processors are wary of, including:
High Risk of Fraud: Because of the high volume of card not present transactions, travel merchants are at a higher risk of fraud than other industries.
High Chargeback Risk: Most travel services have a prolonged delivery time. Tour operators and travel agencies sell reservations for services that often won’t be delivered for two to three months. That leaves a long time for things to go wrong for the purchaser, or for them to change their mind, causing them to cancel or request a chargeback.
High-Ticket Sales: On top of prolonged delivery times, travel merchants also sell expensive services, such as prolonged hotel stays or vacation packages. This means that if they request a refund or chargeback, it has a much greater impact on the travel merchant. It’s a big reason why many travel merchants fail, and why a merchant services provider considers them high-risk.
Because of the reasons above, if you are looking for travel credit card processing, you’ll need to obtain a high-risk merchant account.
20+ Proven Bank Relationships
Medium/High Risk Accounts
Fast Travel Account Approval
Large Merchant Case Studies
E-Commerce and Retail Travel
B2B Travel Vendors Supported
Multiple E-Commerce Gateway
Chargeback Prevention
ACHl
E-Check
Credit Cards
B2B-Level II/III Data Discounts
3D Secure Frictionless Checkout
Mobile Payment
EMV Readers
Gateway Recurring Billing
Vault
E-Commerce Cart Plugins
Developer API / Docs
POS/Terminals
Scalable Merchant Accounts
Dedicated Account Managers
Our travel merchant accounts are designed to provide smooth, reliable payment processing for your business. With our tailored solutions, you can focus on growing your travel platform while we handle the complexities of payment processing.
