Performance Card Service (PCS) offers complete high risk travel merchant account processing services. With more than two decades of experience in this challenging field — and never more challenging than now, in light of COVID — we successfully helped companies in the travel industry accept credit cards and other forms of payment.
Customers have multiple options at their fingertips when booking travel services and airline charters online. Despite the plethora of options available for customers, most travel services do not have the luxury of multiple choices when obtaining a merchant account. Due to the multiple risk factors involved in the travel industry, most low- to medium-risk processors will not even consider approving a charter or airline merchant account. This unfortunately causes this mainstream industry to be classified as high risk.
Once an industry is categorized as high risk, limited options are available for a traditional merchant account. Most high risk travel accounts are issued with steep processing rates, fees and/or reserves. This creates additional obstacles for travel merchant processing. Online travel services must provide reliable, secure payment processing to ensure that customers can book their travel plans without difficulty. If this option is not available, customers will choose a different travel company. Due to this, most travel services and airline charters have no choice but to accept the undesirable rates, fees and/or reserves issued for a high risk account.