Travel Merchant Accounts
For High-Risk Businesses
Although the travel industry is one of the largest markets in the world and booming due to technological advancements, many banks and payment processing platforms do not provide travel businesses with their services because they believe the travel industry to be “high risk” due to chargebacks and fraud.
There are several factors that make the travel industry deemed “high risk” by many payment processing platforms.
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frequent bankruptcies due to high overhead, leading to higher fees. Banks and processors are aware of this subsequent risk leading to them often denying businesses in this industry.
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multiple card processors and banks are not interested in many purchases in the industry being card-not-present transactions, meaning that these purchases are made through apps or websites. These types of transactions are extremely likely to result in chargebacks because of how expensive travel plans can be.
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issues that result in friendly fraud can occur because travel plans are usually made weeks to months in advance, which can result in changes in travel plans.
Approvely is here to help you navigate through all the issues the high risk travel industry may throw at you.
Quick Setup
& Fast Approvals
Approvely has 24/7 live support to ensure your payment system is always working. For any trouble with payment processing, call our customer support team.
No Hidden Fees
or Contracts
Every Approvely account has flat-rate pricing without gateway fees. You’ll always know exactly how much you owe, without any hidden fees or an obligation to a long-term contract.
Live US Based Support
Approvely has 24/7 live support to ensure your payment system is always working. For any trouble with payment processing, call our customer support team.
Fraud Protection
Stop wasting time fighting chargebacks and spend more time on growing your business. Avoid chargebacks with our fraud protection that protects against 60-70% of all Fraud and Friendly Fraud transactions.