LAX Offers Its New Private Terminal Called “The Private Suite”

May 16, 2017

The recent years in the US airline industry have witnessed improved balance sheets, increased valuations. The industry has generated 13 consecutive quarters of profitability with operating margins near or above 10%.

Airline industry demand is expected to grow even more in 2017. In January 2017, demand for the major 7 players increased by an average of 4.9% year-over-year (YoY). In fiscal 2016, it jumped by an average of 6.9% YoY. According to the International Airline Transport Association (IATA), global airline industry demand increased 6.3% YoY.

Merchants in the airline/charter industry should find a reputable payment processor like emerchantbroker.com to apply for secure and low-cost payment processing. EMB specializes in the high risk sector and knows your high risk business best of all. EMB is voted the #1 high risk merchant services provider in the US and is one of Inc. 500’s Fastest Growing Companies of 2016. EMB has an A+ rating with the BBB and A with Card Payment Options.

LAX, Los Angeles International Airport offers travelers stay away from the usual crush of airport traffic, or people, or security headaches. It has a new A-list private terminal and platinum-class service, which is called the Private Suite. It’s designed for the rich and famous. The terminal is already operating but will operate more actively in a couple of weeks. This private terminal was created based on elite services offered at several international airports across the globe.

As the Private Suite puts it, you should usually take 2.200 footsteps from your car seat to plane seat. Members of the Private Suite can take only 70 footsteps, and these are all peaceful footsteps.

Members of The Private Suite are given an opportunity to avoid waiting in crowded lines because private screening is done right in the building. Members won’t be obliged to walk down long crowded concourses, or wait at ticket counters and boarding gates. They can travel without dealing with baggage and paparazzi.

To join, members will be required to pay $7.500 a year. It costs another $2.700, for up to 4 people, each time members use the service, or $3.000 for international flights. If you’re a non-member wishing to try this without spending too much, you can use a shared waiting-area suite, which costs $2.000.

According to Gavin de Becker, the international security consultant behind the Private Suite, almost 1.200 people have already signed up. Among them are lawyers, entertainment executives, and media types.

 

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

Get Started

Award winning.

  • 2012
  • 2013
  • 2014
  • 2015
  • 2016

Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

Live Chat