If you’re in the airline business, you know working with a diverse range of people is just a way of life. Similarly, you’ll need to adopt this ideology into the structure of your company as well. By getting approved for an airline merchant account, your business will allow customers to pay with debit, credit, ACH, or eCheck. And with an active payment gateway, you can accept airline credit card payments from anywhere in the world, which is a necessity if you want to stay successful in this business. However, you’ll need to find a merchant services provider who readily works with high risk industries.
Businesses that operate in the airline industry are typically considered ‘high risk’ by banks and payment processing companies. These organizations consider an industry high risk if it has a higher than average likelihood for chargeback rates, fraud, strict government regulations, illegal activity, or liability.
Many air travel companies find themselves dealing with several of these factors, making your business a high risk one in the eyes of banks and payment processors for airliners. Here are the two main risks that come with the airline industry:
Because of these factors, many smaller airlines have difficulty turning a profit. Choosing an airline credit card payments provider specific to your industry can help you mitigate the unique risks that come with the space and get you placed at an appropriate bank that understands and supports you.
Choosing a payment processor for airliners ensures that your merchant account provider knows how to respond to the intricacies and problems of the industry. Additionally, high risk merchant account providers can bring companies like yours two more benefits:
Above all, the credit card processing company you choose for your airline business should have extensive knowledge about the industry as well as high risk companies in general. As an innovative leader in high risk payment processing, PaymentCloud understands the unique solutions your business needs to achieve success.
Once you’ve completed the onboarding process, you will be assigned an account representative that will help you with any questions or concerns you may have. Think of them as an extension of your business. Just like an employee at your company, they’ll always have your company’s best interests at heart.
However, that’s not all we offer. You’ll also find a wealth of services that directly address your company’s needs. Whether you know exactly what you want in a payment processor or would like some guidance along the way, we’ll help you find the best suite of features to protect your company against fraud, keep your website PCI compliant, and make transactions simple with an integrated shopping cart and virtual terminal.
Whether your business specializes in airline travel, private charter flights, or travel agency services, you and your customers will reap all the benefits by applying for an airline merchant account.
After all, it doesn’t just allow you to accept credit card payments safely and securely. It streamlines the buying process for your customers, giving them peace of mind in what can be a troublesome and complicated process.
When it comes to high risk credit card processors, there’s only one choice: PaymentCloud. Not only do we have the in-depth knowledge to make your application process a stress-free one, we’re here to help with any questions you may have. In an industry full of uncertainty, choose reliability.
Create an account instantly and start accepting payments. You can also contact us to design a custom package for your business.
From day one, Miles has been an overwhelming help to me in making sure I am making the best choices for building my business. His patience with me as he helped me step by step in submitting my application was so appreciated! …The team has been amazing across the board, and I truly cannot thank them enough!
I've been working with the folks at PaymentCloud for about two weeks now. They have made it super easy and they guide you through everything! Their customer service and support is awesome! I'm so glad that we connected with Michael S. and all the other folks at PaymentCloud. Highly recommend!
The agent who helped me to onboard was attentive and consistent throughout the process... They made sure I knew how to manage my accounts and had them properly set up and in compliance. They turned what could’ve been an intimidating process riddled with errors into a smooth transition for my business.