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 businesses face a number of obstacles such as:
- High-value transactions
- Irregular billing schedules
- Online reservations and advanced scheduling
- Risk of chargebacks and cancellations
Air charter businesses require a unique approach from the aspect of credit card processing since they deal with higher average ticket size, high risk exposure, and because of their need for reservation tools and flexible billing schedules.
Airplane rentals and sales differ from simple, everyday purchases. Private jet charter businesses often work with clients who want to put large payments on their credit cards, which creates chargeback risks for merchant account providers. As a result, many banks and payment processors just stay away from air charter business, no matter how established these businesses are or what sales volume they have, but this is not the case with emerchantbroker.com (EMB), the #1 high risk processor in the US.
Where to Find the Right Processor for Your Air Charter Business?
Take the time to find a reputable merchant account provider that specializes in high risk credit card processing and offers merchant accounts for air charter merchants. You’ll see many of these companies operate in partnership with offshore banks. However, you can also find companies that can open a domestic air charter merchant account for your business.
It’s important to note that air charter merchants will be required to pay higher than average processing fees in addition to one-time setup fees because of the high risk nature of their business.
With this in mind, consider turning to emerchantbroker.com. EMB boasts an A+ rating with the BBB and A by Card Payment Options. With your chargeback rate under 3%, EMB will work with you to manage your account and process payments. EMB offers high risk e-commerce processing solutions including an air charter merchant account. EMB understands the challenges air charter companies may face and is committed to creating a credit card processing solution that provides you and your clients with the best payment options.