Two steps get your merchant account easily using B2C travel portal
B2C travel portal and travel POS are two online payment interfaces which helps the merchant account to hold funds, received from credit and debit card sales. While using a card for transaction if you had ever thought about where the fund just went to then you should know it that they went to the merchant account. As the customer makes a transaction through any travel website, the payment goes directly to the travel agents merchant account. After this, money is moved to a normal business bank account through a standard protocol.
Due to increased transactions on the day to day basis, collecting payments from individuals who book the flight tickets, hotel rooms or cars and buses is a difficult and exhausting task. For accepting credit card payments online, you either should have a merchant account or the service of an aggregator, who process the transaction through their own merchant account in behalf of the companies.
Usually travel agents with small companies can not get merchant accounts directly through the banks, thus we have B2C travel portals to make this task easy for you.
Two steps to get your merchant account easily -
- Collect our financial statements –
In order to have a grip on the best terms possible, financial statements are one of the best tools you can take into important consideration.
- Acknowledge your processing history –
Having history of all of your processing is also an important to aspect to hold onto. Larger amount of money you trade, fewer chargebacks you get thus, the stronger case is built.
Following broken down should be shown by the processing history –
- Total transaction volume
- Number of transactions
- Total charge-back volume
- Number of charge-backs
- Total refund volume
- Number of refunds
With the merchant account, all the broadly popular cards can be entertained, without disappointing your customers to go back. You can increase the sales by asking the service provider to create a program of B2C travel portal system. A valuable gift from a merchant account through B2C travel portal is online payment.
