Roadblocks Getting Travel Processing Accounts
Because the majority of travel related transactions occur long before the delivery of the actual product or services, many credit card processors label the industry as high-risk. Another deterrent for financial institutes that keeps them from offering travel merchant accounts are the frequent chargebacks and disputes on payments. Banks and lenders are also leery of large-group payments, high amount of transaction volumes, or big ticket items like vacations or packages. When running a business inside the travel industry, you need a credit card processing partner like Leap Payments that will not hold you back, rather, we will help develop a unique solution for growth and prosperity.
Travel Merchant Account Solutions with Leap Payments
Leap Payments is the best-rated credit card processing company in the industry and we have experience working with high-risk merchants. You need a travel merchant account that offers you flexibility and financial security so you can focus on creating the best experience for your customers. We believe in keeping your costs down by getting you the lowest possible rates, and fitting you with a unique processing solution. Here are just some of the reasons companies open a travel merchant account with Leap Payments:
- Lifetime Rate Lock
- Customized Online Processing Solutions
- Next Day Funding
- 100% U.S.-Based Support Anytime