Travel Merchant Accounts
Payment Processing for your travel business
Your Travel Merchant Account Solution
Finding a travel merchant account can be a difficult process. Travel merchants often find themselves struggling to find a payment processor due to the risks associated with the industry. This means that you need to use a travel merchant services company with experience in securing merchant accounts. Here at Zen Payments, we have made travel a top priority moving into 2021. The travel industry suffered greatly due to the pandemic, but in 2021 it is expected that it will rise to new heights. We have over 15 years of experience working with travel merchants and other high risk industries. We can secure you a merchant account, and get you processing payments the right way.
Why is the travel industry high risk?
The travel industry is deemed high risk due to a variety of factors. One of the most prominent reasons is the ticket size. As you know hotels, flights, and other vacation-related expenses add up. Well when banks see these high ticket sizes, and then the customer proceeds to pay card not present, it creates a lot of risks for your processing bank. Many travel companies have strict refund policies surrounding cancellation. However, when unexpected issues arise for a customer and they are no longer able to make that flight or stay in that timeshare, they are going to fight tooth and nail to get their funds back. This increases the risk of chargebacks. The only thing that banks hate more than chargebacks are high ticket-sized chargebacks. We help our clients mitigate chargebacks in order to keep their processing costs down.
What are travel merchant accounts?
When looking at a travel merchant account there are many different businesses that fit within the space. We specialize in providing merchant accounts to all of the following
We deliver customizable solutions to all of these vendors on a day-to-day basis. We work with 15 different banks to ensure that not only do you get the best rate for your travel merchant account but that you are with a processing bank that is a good fit for your needs. All of our clients undergo an underwriting process to ensure the qualification and long-term viability of the merchant account. Zen Payments can secure you a merchant account today!
A critical part of a business within the travel industry is being able to take multiple currencies. People travel all over the world using various currencies to get there. Whether it is US Dollars, British Pounds, Euros, or any other major currency you need to make sure you can accept the payment. Keep your customers happy worldwide by showing them exactly what they will be charged without the hassle of them calculating the exchange rate. Also, don’t turn away customers and help your competition succeed online, partner with the right payment processor the first time for all of your multi-currency processing needs.
Why Zen Payments for your travel merchant account
When you hear the words high risk, do not panic. While some banks may refuse to work with you, we welcome you with open arms. We have been helping high risk companies for the last 15 years in obtaining merchant accounts. We know the ins and outs of your industry and the inherent risks that you face. We are currently the nation’s go-to provider of travel merchant accounts with hundreds of merchants already on board. Let us help your business excel online and start processing payments today.
Lets work together
At Zen Payments, we want to make sure that no good merchant is refused an account. We support businesses in all high risk industries and help them every day. Our in-house team is here to give you dependable chargeback solutions programs to help with the strain of high ticket-sized chargebacks. With honest merchant services and up-front pricing, you can focus on running your business without the fear of losing your merchant account. We got it from here, let us help you get a travel merchant account today. Take a trip with Zen Payments!