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How to Secure a Travel Merchant Account
To facilitate the acceptance of various payment methods, including credit cards and debit cards, it’s essential for a business to establish a unique bank account known as a merchant account. Fortunately, setting up a merchant account for your travel agency with Mega Payments is an easy and streamlined process. Simply complete our contact form, and a representative from Mega Payments will reach out to you. A dedicated account manager will assess your business details and suggest the most effective payment solutions for your specific needs. After you select your preferred payment solution, your account manager will tailor and secure it specifically for your operations. Once your account is approved, you’ll be able to start processing payments within a day.
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Types of Travel Businesses We Support
- Travel Agencies
- Tourism Activity Businesses
- Timeshare Businesses
- Cruises
- Souvenir Shops
- Short-term Rentals
- Transportation Services
- Resort Packages
- Vacation Rentals
- Bed and Breakfast Businesses
- Travel Marketing Firms
- Vacation Clubs
What Is Required for Travel Agency Merchant Accounts?
At Midwest Merchant Services, we focus on simplifying the application process for a merchant account to ensure it’s hassle-free. Here’s an overview of the general documents you’ll need to provide for your travel agency application:
- Government-issued identification
- Voided check
- ARC bond or IATA certificate (only necessary for agencies selling flight tickets)
Please note: We may require prior processing history or bank statements for certain types of businesses.
Additionally, if your business operates online, your website must include the following elements:
- Contact information
- Terms and conditions
- Pricing page
- Age verification
- Refund Policy
- Secure checkout page featuring card brand logos
- Cancellation Policy
- Privacy Policy
These requirements help ensure that your business operates transparently and securely, meeting both regulatory standards and customer expectations.
Travel & Timeshare Merchant Account Types
No matter the type of travel or timeshare business you manage, providing multiple payment options to your customers ensures their convenience. At Midwest Merchant Services, we assist our merchants in accessing a variety of merchant services. Let’s delve into the different payment methods we support:
Online
In today’s digital age, embracing online payment opportunities is essential for your travel business. We offer sophisticated online payment solutions that can integrate seamlessly with most eCommerce platforms, allowing for easy acceptance of online transactions. Our security-centric approach includes fraud-prevention tools that equip your business with robust chargeback protection.
Retail
Though brick-and-mortar travel agencies are becoming less common, certain travel businesses still operate physical locations. Whether you’re combining online transactions with in-person payment processing, we provide retail payment solutions that facilitate convenient payments for tours, rentals, and other travel services.
Over the Phone
Additionally, accepting payments over the phone through a virtual terminal is crucial for providing ultimate convenience to your customers. These digital terminals allow for easy entry of credit card information over the phone or via email when the card is not present. Virtual terminals offer a straightforward payment option for customers, particularly useful for sales hotlines or customized services, without the need to visit a physical location.