The Travel Industry is Alive

Mar 19, 2015

Photo Credit @ClashFC

When consumers were given the ability to purchase their own tickets online, and book their reservations online, many predicted that the travel industry was dead. But lately the travel industry has experienced a rebirth. Last year, consumers spent $157 billion on travel, and travel related services. Many people are returning to the convenience and expertise found through using traditional travel agencies and travel merchants are ready to serve.

Traditional travel agencies like Poe Travel in Little Rock, have experienced an increase in sales as they adapt to the needs of their clients. Travel agency owners state that they’ve managed to stay ahead of the game because they do more than book plane tickets – it is all about service. Service which extends passed booking tickets; although they are faster than the average consumer at finding deals and booking tickets as well. Travel agents provide last minute services for when flights are cancelled, or customers need to make quick travel arrangements.

Travel agencies admit that the average consumer can book their tickets or reservations online, but when you add in connecting flights, hotels, and car rentals, travel agencies are more equipped to handle these more complicated scenarios, especially when they involve business organizations.

Although arranging business trips is a large part of agency duties, leisure travel is the bedrock of many travel agencies. They can cut through the hassles and frustrations of planning trips that consumers dread. One of the growing events that travel agents are taking over are destination weddings. Not only are they making travel arrangements for all wedding attendees, but they are talking with the wedding planner, officiants, and caterers to make sure that all aspects of the wedding are well taken care of.

Starting your own travel agency could be the perfect money maker for a travel minded entrepreneur. Give your travel business a major push through the exceptional payment processing options provided by eMerchantBroker.com. We guarantee that your travel merchant account will be 100% CPI compliant so that your business can accept Mastercard and Visa. Contact us today to start your travel merchant account, and enjoy the freedom of competent payment processing.

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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 on 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.

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