Air Travel Merchant Accounts Provide Solutions to Airline Industry Risks

When you’re at the airport these days, it feels like everyone else in the world is there too. Business trips, vacations, holidays – the list goes on. A report by the International Civil Aviation Organization stated that 3.5 billion passengers chose to fly in 2015. The International Air Transport Association shared that it expects that number to jump to 3.8 billion next year. If you’re a math whiz, you might have realized that 3.5 billion is nearly half the world’s population.

With so many people traveling, it might come as a surprise to hear that air travel is considered to be a high-risk industry. Many management teams find it hard to believe that it is difficult to obtain credit card processing. After all, who doesn’t love the fun and the meaning traveling brings to their life. Even so, airline and travel agents struggle to find a merchant account provider that will offer their services.

The airline industry experiences high chargeback rates, fraud, refunds and high volume sales, all of which label the industry as high-risk. With over 50% of airline reservations made online by credit card, it’s easy to see why payment processors would shy away. In addition, high chargebacks can lead to crippling costs for the business itself. The bottom line: airline businesses must seek solutions for their credit card processing needs elsewhere.

Air Travel Merchant Account

There are many business types that are considered high risk. More and more of them are turning to alternative providers like eMerchantBroker. As a high risk specialist, EMB has years of experience in helping high risk businesses secure payment processing solutions. Each merchant account, for example, is specifically tailored to meet the unique needs of each industry it works with. For the airline industry, services can be obtained via an air travel merchant account.

As long as your chargeback rate is kept under 3%, EMB can easily help you manage and process your account and payments. More good news, a bad credit history is not a problem. A merchant account with EMB can actually help build your personal and business credit. Merchants can also take advantage of the chargeback prevention and protection programs.

An air travel merchant account is easy to apply for. The application process is known for being fast, simple and hassle-free. Merchants will also find the lowest possible rates, exceptional security and proven platforms. For the startup hoping to keep up with the ever-growing airline industry, having safe and efficient payment processing services is a must.

Let us help you get a high risk merchant account today!

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