Web-based travel agencies are regarded as high-risk merchants by both Visa and MasterCard. The high-risk designation entails higher levels of scrutiny by their merchant services providers who want to make certain that the payment processing procedures in place are in compliance with industry regulations.
Card Acceptance Guidelines For Travel Agencies
Travel agencies operating over the internet need to incorporate into their websites a set of best practices to help reduce customer inquiries, disputes and the resulting chargebacks. Such practices reduce losses and improve the bottom line.
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Payment Processing Guidelines For Travel Agencies
Travel agencies are among the highest-risk merchants allowed to obtain U.S.-based merchant accounts. Travel agencies should recognize their potential liability and take steps to minimize it.
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Card Processing Risk For Travel Agencies
Merchants selling airline tickets are among the highest risk merchants that can apply for a U.S.-based merchant account. In order to improve the terms of their payment processing service, they will have to understand processing risk and implement best practices to manage it.
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Fraud Prevention Guidelines For Airlines
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