U.S merchant account providers, led by emerchantbroker.com have been on the cutting edge to support enterprises that mainstream banks deem too high-risk to work with. Having seen the potential this industry bears and its propensity to skyrocket in the coming years, PSPs have developed advanced low-rate programs for high-risk retailers. Grow your Airline and Jet Charter Business faster with the...
Travel industry trends are always changing in accord with new opportunities brought about by the modern world of technology. The world of travel and hospitality has entered a new era of growth and transformation. Global business travel spending accounted for $1.2 trillion in 2015, which is up 5% from 2014. Travel and Hospitality Industry One of the most important issues...
Credit card payment capability is inevitable for specialized transportation. Private airline service providers and jet charters choose credit card processing for most of their customers. This is a high ticket industry, with considerable risk exposure, so traditional merchant service providers usually refuse to open a merchant account for a startup airline or charter business. Fortunately, reputable payment processors like emerchantbroker.com...
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...
Owners of air charter companies put all their efforts to satisfy their clientele. However, the nature of their business often makes it challenging to open an air charter merchant account that meets their needs. Air Charter Business Jet or air charter travel is classified as high risk because of the high-ticket value and risks associated with the business. Air charter...
Airline and travel agents find it difficult to choose a merchant service provider. The thing is that airline businesses are labelled as high risk by the credit card processing industry. The reason is that merchants operating in the field are left open to higher chargebacks and payment dispute rates. The latter procedures can cost a lot, so most payment processors...
Consumers are becoming more and more reliant on their Smartphones and the idea of mobile payments. The airlines have noticed, and plan to begin investing in mobile payment systems. Global airlines’ investment in self-service kiosk technology will decline over the next few years as a result. This is reflected in a recent Wordpay report that found 83 percent of airlines...
