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Lodging Merchant Account Processing |
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What is a hotel and lodge merchant account? It's simply a merchant account bank that is friendly and underwrites travel specific companies. For example, if you have an ecommerce website or a travel agency and sell tours, hotel packages you have an "hotel and lodge business". However, the term "hotel and lodge" is frequently linked to high chargebacks due to the nature of travel booking and problems that can arise like natural disasters and hurricanes that cause abrupt cancellations to travelers. Our Services include:
Lower discount rates
Higher sales volume
Privacy of ownership
Funds can be transferred anywhere or withdrawn directly from the deposit account
Little or no taxation
Protection against national instability
Simple or no accounting requirements
Simple or no annual filings required
No personal visit required in order to open the account
Submit your application today and let us help you obtain a merchant account in an hotel and lodge jurisdiction.
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The Process of Aquiring a Merchant Account |
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Different countries have different sets of requirements for international business companies that utilize hotel and lodge merchant accounts. If you are an existing merchant you will find our solutions to be exceptionally streamlined. However, if you are new to merchant accounts, the process of obtaining an account may appear somewhat tedious. It's not difficult, it just requires certain steps to be followed including: - Open a company (you can be the sole owner) - Open a bank account and apply for a merchant account
- Integrate the Travel Agency Gateway or use the available "Pay Buttons"
Our solutions are for professional eCommerce companies which know what they are looking for (integrated lodging and hotel gateway, own credit card descriptor, low merchant fees, online banking, etc.), and for the novice eCommerce professional who is willing to complete the steps it takes to get his/her own hotel and lodge merchant account.
Rates: Expect to spend between 2% - 3% for the discount merchant processing rates if you are a travel related hotel business. Monthly fees range between $10 - $20 depending on how many additional services you use.
Time: If your business is approved and you can produce the required documents within 1-2 days, you can be ready to process orders within 2-3 business days! The frequent "delay" is related to the applicant needing time to obtain the required documents. |
Merchant Account Requirements |
Most
merchant
account
applications
will
have
many
of
the
same
requirements.
We
encourage
you
to submit your
application
today
and
find
out
whether
you
qualify
or
not.
If
you
are
approved,
you
will
have
to
produce
a
few
conditions
(documents)
needed
by
the
underwriter
to
get
your
account
up
and
running.
We
will
help
you
with
the
application
forms
and
explain
what
documents
you
need
to
obtain. Complete
the online
application today
for
an
initial
review
and
response
within
1
business
day,
or contact us
for
more
information. |
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Featured Links
Fact
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The Merchant Bank will assign you a unique number called a Merchant ID Number or MID. This unique number is linked to every credit card transaction which is performed on your Web site.
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