Turn To EMB For An Air Charter Merchant Account

Mar 23, 2017

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.

 

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

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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 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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