Domestic Merchant Accounts for the Travel Industry
Many of the previously mentioned issues help explain why travel is a high risk business. It is also why offshore payment processors have been required for travel. Offshore merchant accounts, however, are notoriously expensive and can reduce the number of approved transactions. It can also limit the number of methods you can use to take payments.
This is why Bankcard Brokers has created a network of domestic payment processors for travel merchant accounts. By working with a Bankcard Brokers Travel Merchant account, your business will be able to take payments in many forms, not just credit cards. This will include direct debit, e-wallets, bank transfers, ACH and many more. For in-person travel businesses this can include contactless payments and mobile payments.These will broaden the number of ways you can get paid, and that includes receiving payments from international clients.
Our domestically-baed accounts offer better rates than offshore merchant accounts and tend to have lower or no additional fees compared to offshore processors too. Domestic processors will be able to provide you with faster, even daily, funding with no wire transfer fees.
They’ll also be able to provide customer service on your time, with domestic agents.
We invite you to contact us for a no-obligation free quote and to introduce you to our services. We are CPP Certified, which means we’ll always have your best interest at heart. And with our domestic solutions, we can have you pre-approved quickly and processing fast.
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